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My Net Price Estimate
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Created: December 22, 2024

Estimated Cost of Attendance Estimated Cost of Attendance for this college is based on recently published data, adjusted for estimated inflation. Cost of Attendance includes tuition, room and board, books, travel, and other educational expenses. Actual travel costs will vary significantly based on the residency location of the student.

Tuition and fees $63,261
Living expenses (food and housing) $16,264
Books, course materials, supplies, and equipment $840
Transportation $301
Miscellaneous personal expenses $1,604
Total $82,270/yr

Estimated grants and scholarships to pay for college

Estimated grants and scholarships from Colby College $73,200
Federal Pell Grant $7,395
Total $80,595/yr

What you will pay for college Your estimated net cost per year based on the data you provided. This is the estimated cost of attendance minus total grants and scholarships.

Net Price
Cost of Attendance minus Estimated Grants and Scholarships
$1,675

Options to Pay Net Price




Comparison Shopping

Below are College Raptor® estimates of your net price to attend other colleges that students who ultimately attend Colby College also consider.


Note: These figures are only net price estimates based on available information from College Raptor, are not verified by Colby College, and may be inaccurate. We encourage you to consider results from each school's Net Price Calculator and/or your actual financial aid offers and cost at schools you are considering before finalizing your college decision.

Paying for College

Glossary

Cost of Attendance (COA): The total amount (not including grants, scholarships, loans, and work-study) that it will cost you to go to school during the 2025-26 school year. COA includes tuition and fees; living expenses (housing and food); and allowances for books, course materials, supplies, equipment, transportation, miscellaneous personal expenses, and loan fees. It can also include dependent care; an allowance for the rental or purchase of a personal computer; costs related to a disability; and reasonable costs for eligible study-abroad programs. For students attending less than half-time, the COA includes tuition and fees; an allowance for books, supplies, and transportation; and dependent care expenses. Your actual costs will vary according to your residency, enrollment status, personal lifestyle choices, and academic program and coursework.

Grants and Scholarships: Student aid funds that do not have to be repaid. Grants are often need-based, while scholarships are usually merit-based. Occasionally you might have to pay back part or all of a grant if, for example, you withdraw from school before finishing a semester.

Net Price: An estimate of the actual cost that you or your family will need to pay during the 2025-26 school year to cover education expenses at a particular school. Net price is determined by taking the institution's cost of attendance and subtracting your grants and scholarships.

Work-Study: A federal and/or state student aid program that provides part-time employment that must be earned while you are enrolled in school to help pay your educational expenses.

Loans: Borrowed money that must be repaid with interest. Loans from the federal government typically have a lower interest rate than loans from private lenders. Federal loans, listed from most advantageous to least advantageous, are Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. You can find more information about federal loans at StudentAid.gov.

Federal Direct Subsidized Loans: Loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.

Federal Direct Unsubsidized Loans: Loans made to eligible undergraduate, graduate, and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan.

Federal Direct PLUS Loans: Loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid.

Expected Family Contribution (also referred to as EFC or Family Contribution): A number used by a school to calculate how much need-based financial aid you are eligible to receive based on the financial information you provided on your Free Application for Federal Student Aid (FAFSA). The EFC is not the amount of money your family will have to pay for college, nor is it the amount of federal student aid you will receive. The family contribution is reported to you on your FAFSA Submission Summary, also known as the FSS. The FSS is a paper or electronic document that provides basic information about your eligibility for federal student aid and lists your responses to the questions on the FAFSA.