Number Received Financial Aid (All Undergraduate)
1,013
Percent Received Financial Aid(All Undergraduate)
44%
Average Aid Amount
$57,663
Number Received Financial Aid (Freshmen)
326
Percent Received Financial Aid (Freshmen)
48%
Financial Aid Information at Colby
For the academic year 2023-2024, a total of 1,013 students (44% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $57,663. For freshmen (Full-time, first-time degree-seeking undergraduate students), 326 students (48% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Colby College is $69,600, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,013 students (44% of all students) have received grants or scholarships and the average received aid amount is $57,663. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Colby College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,013 | 44% | $57,663 |
| Pell Grants | 303 | 13% | $5,287 |
| Federal Student Loans | 200 | 9% | $6,247 |
Beginning Students Financial Aid
a total of 326 beginning students (48% of all freshmen) have received any financial aid and 296 students (44% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Colby College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 326 | 48% | - |
| Grants or Scholarship from All Sources | 281 | 42% | $66,387 |
| Federal Grants | 74 | 11% | $6,575 |
| Pell Grants | 74 | 11% | $5,116 |
| Other Federal Grants | 54 | 8% | $2,000 |
| State/Local Grants | 7 | 1% | $2,286 |
| Institutional Grants | 278 | 41% | $65,296 |
| Student Loans | 44 | 7% | $14,111 |
| Federal Student Loans | 41 | 6% | $5,320 |
| Other Student Loans | 9 | 1% | $44,749 |
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