Federal data: IPEDS fall 2023 · College Scorecard, release of 15 Oct 2026 · Checked 26 Oct 2026

Colby acceptance rate, cost and outcomes

Colby College · Private nonprofit · Waterville, ME · 2,284 undergraduates (IPEDS fall 2023)

Admit rate, fall 2023
6.8%
Applicants17,7861,215 admitted · IPEDS fall 2023
Tuition, all students$72,910Same for all students · Scorecard, 2025-26
Graduates in 6 yrs87%Scorecard, 2019 entrants
Earnings, 10 yrs$88,776Scorecard, 2022-23 · Median debt $18,000, FY2024-25

Colby admitted 6.8% of applicants for fall 2023, down from 26.0% in 2013. Tuition and fees are $72,910 for every student in 2025-26.

Admissions

Admit rate, 2013 to 2023

0%8%16%24%32%20132015201720192021202326.0%6.8%0%8%16%24%32%20132015201720192021202326.0%6.8%
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FallAdmit rateApplicantsAdmitted
201326.0%5,4071,408
201428.0%5,1481,444
201522.5%7,5931,710
201618.7%9,8331,840
201715.8%11,1901,767
201813.1%12,3131,608
20199.7%13,5841,314
202010.3%13,9221,430
20218.9%15,8571,407
20227.6%16,8901,286
20236.8%17,7861,215

Applications went from 5,407 in fall 2013 to 17,786 in fall 2023. Admit rate = admitted ÷ applicants. Source: IPEDS fall admissions.1

Cost

What families actually pay

$0-30k$5,263$30-48k$2,358$48-75k$3,132$75-110k$10,750$110k+$53,340$0-30k$5,263$30-48k$2,358$48-75k$3,132$75-110k$10,750$110k+$53,340
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Family incomeNet price / year, 2024-25
$0 to $30,000$5,263
$30,001 to $48,000$2,358
$48,001 to $75,000$3,132
$75,001 to $110,000$10,750
Over $110,000$53,340
Tuition and fees, all students (2025-26)$72,910
Cost of attendance (2024-25)$89,190
Average net price, students with federal aid (2024-25)$19,835

Net price is the cost of attendance minus grants, for first-time full-time students with federal aid, 2024-25. Tuition is 2025-26. Source: College Scorecard.2

Tests

SAT and ACT

Test-optionalNot required for admission, but considered if submitted, as Colby reported to IPEDS for fall 2023.
SAT reading/writing200800710760SAT math200800730790ACT composite1363234SAT reading/writing200800710760SAT math200800730790ACT composite1363234

Middle 50% (25th to 75th percentile) of enrolled first-year students who submitted scores: 36% submitted the SAT, 18% the ACT. Source: IPEDS fall 2023.1

Compared with

Similar private colleges

CollegeAdmit rateTuition and fees
Duke NC6.8%$72,795 same for all
Swarthmore PA6.9%$69,226 same for all
Northwestern IL7.2%$70,589 same for all

Same state and type first, then the nearest admit rate. Fall 2023 and 2025-26 figures.

What the numbers say

Colby College admitted 1,215 students from 17,786 applications for fall 2023, which is a rate of 6.8%.1 In fall 2013 the rate was 26.0%, so it has dropped 19.2 percentage points.1 The decline was steady, showing up in 8 of 10 yearly changes.1 The applicant count rose 229%, from 5,407 to 17,786, while the number of admitted students fell 14%, from 1,408 to 1,215.1

Colby lets applicants decide whether to send scores. Those who did in 2023 landed between 710 and 760 in the middle 50% on SAT reading and writing, between 730 and 790 on SAT math, and between 32 and 34 on the ACT.1

Tuition and fees for 2025-26 are $72,910 for every student, compared with a $45,822 median across 10 private colleges in Maine.2 Grant aid shapes net price strongly: the 2024-25 average was $2,358 for families earning $30,001 to $48,000, $3,132 for $48,001 to $75,000, and $53,340 for over $110,000.2

Among 2019 entrants, 87% graduated within 6 years, and 94% of fall 2023 entrants returned the following year.2 Median earnings were $88,776 10 years after entry, compared with $57,136 for the state median.2 Federal borrowers left with a median of $18,000, and 16% of undergraduates received Pell grants.2

Every number on this page, with its source field
FigureValueFile, field, year
Applicants17,786IPEDS ADM2023, APPLCN, fall 20231
Admitted1,215IPEDS ADM2023, ADMSSN, fall 20231
Enrolled first-years605IPEDS ADM2023, ENRLT, fall 20231
Undergraduates2,284IPEDS DRVEF2023, EFUG, fall 20234
Admission policySelective (not open admission)IPEDS IC2023, OPENADMP, 2023-243
Test policyTest-optionalIPEDS ADM2023, ADMCON7, fall 20231
SAT reading/writing, 25th percentile710IPEDS ADM2023, SATVR25, fall 20231
SAT reading/writing, 75th percentile760IPEDS ADM2023, SATVR75, fall 20231
SAT math, 25th percentile730IPEDS ADM2023, SATMT25, fall 20231
SAT math, 75th percentile790IPEDS ADM2023, SATMT75, fall 20231
ACT composite, 25th percentile32IPEDS ADM2023, ACTCM25, fall 20231
ACT composite, 75th percentile34IPEDS ADM2023, ACTCM75, fall 20231
Enrolled students submitting SAT36%IPEDS ADM2023, SATPCT, fall 20231
Enrolled students submitting ACT18%IPEDS ADM2023, ACTPCT, fall 20231
Tuition and fees, all students$72,910College Scorecard, TUITIONFEE_IN, 2025-262
Cost of attendance$89,190College Scorecard, COSTT4_A, 2024-252
Average net price, students with federal aid$19,835College Scorecard, NPT4_PRIV, 2024-252
Net price, income $0 to $30,000$5,263College Scorecard, NPT41_PRIV, 2024-252
Net price, income $30,001 to $48,000$2,358College Scorecard, NPT42_PRIV, 2024-252
Net price, income $48,001 to $75,000$3,132College Scorecard, NPT43_PRIV, 2024-252
Net price, income $75,001 to $110,000$10,750College Scorecard, NPT44_PRIV, 2024-252
Net price, income over $110,000$53,340College Scorecard, NPT45_PRIV, 2024-252
Graduation rate within 6 years87%College Scorecard, C150_4, 2019 entrants2
First-year retention94%College Scorecard, RET_FT4, fall 2023 entrants2
Undergraduates with a Pell grant16%College Scorecard, PCTPELL, 2024-252
Median earnings 10 years after entry$88,776College Scorecard, MD_EARN_WNE_P10, 2022-232
Median federal debt of graduates$18,000College Scorecard, GRAD_DEBT_MDN, FY2024-252
Median tuition and fees, private nonprofit colleges, Maine (N = 10)$45,822College Scorecard, median TUITIONFEE_IN, private nonprofit bachelor's institutions, 2025-262
Median earnings 10 years after entry, Maine (N = 17)$57,136College Scorecard, median MD_EARN_WNE_P10, bachelor's institutions, 2022-232

Sources

  1. National Center for Education Statistics (NCES): IPEDS admissions files, fall 2013 to fall 2023 (IC2013, ADM2014, ADM2015, ADM2016, ADM2017, ADM2018, ADM2019, ADM2020, ADM2021, ADM2022, ADM2023). Checked 26 Oct 2026.
  2. U.S. Department of Education: College Scorecard, Most Recent Institution-Level Data (Most-Recent-Cohorts-Institution (release of 15 Oct 2026)). Data years: 2019 entrants, 2022-23, 2024-25, 2025-26, FY2024-25, fall 2023 entrants. Checked 25 Oct 2026.
  3. National Center for Education Statistics (NCES): IPEDS Institutional Characteristics 2023-24 (IC2023.zip). Data years: 2023-24. Checked 26 Oct 2026.
  4. National Center for Education Statistics (NCES): IPEDS Fall Enrollment, derived variables, fall 2023 (DRVEF2023.zip). Data years: 2023. Checked 26 Oct 2026.

AdmitFacts is not affiliated with Colby, the U.S. Department of Education or NCES. Missing values are shown as Not reported, never estimated. The file field behind each figure is listed under "Every number on this page". How we build each page