Tuition and fees rose 3.9 percent for 2018-19 at Colby College, according to recent data from the U.S. Department of Education.
Maine students paid $55,210 to attend the four-year private not-for-profit institution this year – $2,090 more than the $53,120 charged for 2017-18.
Data shows 52 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 265 students received grants or scholarships totaling $12.7 million and 85 students took out student loans totaling more than $431,724.
Including all undergraduates (2,000), 941 students used grants or scholarships totaling $40.7 million, and 396 students took out $2.4 million in federal student loans.
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | 160 | $49,120 | $50,960 | $53,120 | $55,210 | 12.4% |
The following data includes only full-time students who began an undergraduate program at Colby College in 2015-16.
| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 79 | 14% | $540,061 | $6,836 |
| State / local grant or scholarship | 9 | 2% | $36,250 | $4,028 |
| Institutional grants or scholarships | 263 | 48% | $12,115,455 | $46,066 |
| Grant or scholarship aid total | 265 | 48% | $12,691,766 | $47,893 |
| Federal student loans | 85 | 15% | $431,724 | $5,079 |
| Other student loans | 0 | 0% | $0 | – |
| Student loan aid | 85 | 15% | $431,724 | $5,079 |
| Total student aid | 289 | 52% | – | – |
