Quad

Cost & aid

What it costs

In 2023–24, the average first-year paid an estimated $53,965 in total (tuition, housing, food, books and other costs, after grants), $29.7K more than the national median. The 45% who received grants paid $16,219 on average; the other 55% paid the full sticker price of $85,420.

−2% after inflation since 2013–14Over time
Full price
$85,420 a year
tuition, housing, food, books, and other costs
Need-based aid
Published data end at $110K
use the college's net price calculator for higher incomes
Merit aid
None
all grants are need-based

Cost by family income

Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).

Hover, tap, or use the arrow keys to read the price at an income.

$0$25K$50K$75K$0$100K$200K$300K$400K+Full price $85KPublished data end at $110KUse the college's calculator
  • Published federal figures
View as a table
Price per year by family income
Family incomePrice per year
$0–30K$4K a year
$30–48K$1K a year
$48–75K$4K a year
$75–110K$12K a year
$150KPublished data end at $110K
$200KPublished data end at $110K
$250KPublished data end at $110K
$300KPublished data end at $110K
$350KPublished data end at $110K
$400K and abovePublished data end at $110K
$150K a year

At $150K: Published data end at $110K

Published data end at $110K; use the college's net price calculator for a number.

Your own number depends on the details below, so use the college's calculator for it.

What can change this

  • Savings and investments above a typical amount raise the price. The curve assumes typical assets.
  • Home equity: some colleges that use the CSS Profile count it. Check this college's own aid page or calculator.
Average total cost per year, all first-years (est.)

$53,965

Tuition, housing, food, books & other expenses, after grants · 2023–24

Full price$85,420
− Grants, averaged over every first-year−$31,455

45% got grants averaging $69,201; 55% got none.

= Average total cost$53,965
Tuition & fees$66.6KRoom & board$17.1KBooks & supplies$850Other expenses$850

Who pays what

Received grants · 45%$16,219 averagenet price after grants
No grants · 55%$85,420full sticker price

Share of first-year students, 2023–24.

Compared to all colleges$53,965
National median: $24,284Above typical

Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.

Median debt at graduation

$19.2K

≈ $203/month for 10 years

Payback estimate

2.7 yrs

of median salary to cover 4 years of net price

Undergrads with a federal loan9%
National median: 45%Below typical

9% of undergrads borrow federally.

Median federal debt, by background

Everyone who borrowed and left, whether or not they graduated.

Pell Grant recipients$11,450
No Pell Grant$17,500
Family income under $30K$4,525
$30K–$75K$12,210
Over $75K$19,313

Three years into repayment

Where former undergraduates stand on their federal loans.

  • Paid in full25–29%
  • Paying it down40–44%
  • Payments paused15–24%
  • Not paying it down10–14%
  • Behind or in default0–10%
  • Forgiven or discharged0–5%

Some shares are published as a small range to protect privacy.

Who actually gets aid

37%of full price

Aid generosity

Moderate

Grants cover 37% of the $85,420 full price on average across all first-years (moderate), more than at 42% of colleges.

$31,455 in grants per first-year ÷ $85,420 full price.

Compared to every college37%
37%
← Limitedmore generous than 42% of 1,514Very generous →

Who gets grants and scholarships

Full-time first-year students (605), 2023–24

Received grants or scholarships, avg $69,201 No grants

About 1 in 2 first-year students got no grant aid and paid the full sticker price of $85,420.

Where the aid comes from

From the college45% · avg $66.7K
Pell Grants17% · avg $6.2K
State or local grants3%
Student loans8% · avg $9K

Share of first-year students receiving each; averages are per recipient.

Aid by family income

The whole first-year class (605)

  • Federal aid + grants143avg grant $73K
  • Grants, no federal aid132avg grant $65.1K
  • No grants330pay full price

Students with grants but no federal aid usually got the college's own need-based aid (without federal loans or Pell) or merit aid.

By family income: only students who received federal aid (153 of 605), because income is only reported for them.

IncomeStudentsAvg grant
$0–30K23$81.4K
$30–48K30$84.2K
$48–75K35$81.8K
$75–110K19$73.3K
$110K+46$38.9K

Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;IPEDS directory (Institutional Characteristics: HD), 2025–26;Colby College (2026–27), 2026–27;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)