CostByCollegePrivate nonprofit, 4-year institution
How much does Colby cost
Colby College is in Waterville, ME. Total enrollment is 2,284 students, with 2,284 undergraduates.
The total cost for one year at Colby College is $85,420 for in state students, living on campus. Tuition and fees alone come to $66,600 of that total.
The cost breakdown
The total below uses the on campus figures for room, board, and other expenses. Each total is the sum of the rows above it, with nothing added and nothing left out.
| Item | Cost for one year |
|---|---|
| Tuition, in state | $63,790 |
| Required fees, in state | $2,810 |
| Books and supplies | $850 |
| Room and board, on campus | $17,120 |
| Other expenses, on campus | $850 |
| Total cost for one year, in state | $85,420 |
Average net price
The average net price at Colby College is $15,163 for one year. Net price is the total cost minus grant and scholarship aid, averaged across full time, first time students who were awarded grant or scholarship aid, for the 2022 to 2023 academic year. It is an average, not a quote. A particular student can pay far less or close to the full published total, depending on family income and the aid the school offers.
That average net price is $2,841 below the average of $18,004 across the pilot schools on this site that publish a net price.
Cost weighed against outcomes
Median earnings ten years after entry are $80,490 a year. That figure covers students who received federal aid, who were working and not enrolled in further study at the ten year mark.
Median debt at graduation is $19,157. That is the median federal loan debt of students who completed a program at this school.
Put together, one year of median earnings at the ten year mark is about 4.2 times the median debt at graduation. That framing is rough. Earnings grow over a career, debt is usually repaid over many years, and both figures are medians across large groups, not a result any one student is promised.
The graduation rate is 90%. It measures the share of a starting cohort that finished within one and a half times the normal program length.
How this school compares
Against its state: That is $14,764 above the Maine pilot school average of $70,656.
Against the country: That is $42,757 above the national pilot school average of $42,663.
State and national averages here are simple averages across the pilot schools that publish a total cost, 4 schools in Maine and 293 schools nationwide on this site. They describe the schools listed on this site, not every college in the state or the country.
Admissions at a glance
The acceptance rate at Colby College is 6.8% for fall 2023, from 17,786 applicants and 1,215 admitted students. Read the acceptance rate page for Colby for the full picture, including how the rate compares.
Similar schools to compare
- Bowdoin College, Brunswick, Maine. Total cost $85,100 for one year.
- Bates College, Lewiston, Maine. Total cost $83,532 for one year.
- University of Maine, Orono, Maine. Total cost $28,572 for one year.
- Duke University, Durham, North Carolina. Total cost $87,072 for one year.
- Pomona College, Claremont, California. Total cost $85,300 for one year.
Frequently asked questions
How much does Colby cost per year?
The total cost for one year at Colby College is $85,420 for in state students, living on campus. It counts tuition, required fees, books and supplies, room and board, and other expenses.
What is the average net price at Colby?
The average net price at Colby College is $15,163 for one year, for the 2022 to 2023 academic year. Net price is the total cost minus grant and scholarship aid, averaged across the students described on this page.
What do graduates of Colby earn and owe?
Median earnings ten years after entry are $80,490 a year, and median debt at graduation is $19,157, in the College Scorecard data used here. Both are medians across large groups, not a promise for any one student.
What is the graduation rate at Colby?
The graduation rate at Colby College is 90%, measuring the share of a starting cohort that finished within one and a half times the normal program length.
What is the acceptance rate at Colby?
The acceptance rate at Colby College is 6.8% for fall 2023, from 17,786 applicants and 1,215 admitted students. The acceptance rate page on this site explains what that figure does and does not mean.
Is Colby public or private?
Colby College is a private nonprofit, 4-year institution in Waterville, Maine. Total enrollment is 2,284 students.
Sources: the Integrated Postsecondary Education Data System and College Scorecard, United States Department of Education. Tuition and cost figures are for the 2023 to 2024 academic year. Admissions figures are for fall 2023. Average net price figures are for the 2022 to 2023 academic year. Earnings and debt figures come from the College Scorecard file dated June 10, 2026. See the methodology page for full detail.