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Colby College

Average Grant & Scholarships

In 2022, 39 of freshman students at Colby College received on average $58,513 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$58,513
Students Receiving Aid Average Amount Total Amount
Pell Grant 81 14% $5,167 $418,545
Other Federal Grant 88 16% $6,029 $530,545
State Grant/Scholarships 7 1% $1,500 $10,500
Institutional Grant/Scholarships 219 39% $56,042 $12,273,271
Total Grant & Scholarships 219 39% $58,513 $12,814,316

Average Student Loans

In 2022, 8% of freshman students at Colby College received $5,140 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,140
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 44 8% $5,140 $226,140
Private Loans 7 1% $18,242 $127,694
Total Loans 47 8% $7,528 $353,834

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$41,086
Average aid amount
2022