Colby College

Add Comparison
2019 Undergraduate Tuition
$54,870
3.74% growth from 2018
2019 Average Net Price
$19,592
After Financial Aid
2017 Student Loan
3.73%
Default Rate
2019 Acceptance Rate
9.67%
13,584 Applicants
2019 Enrolled Students
2,003
100% Full-Time
2018 Graduation Rate
90.5%
447 Graduates

About

Colby College is a higher education institution located in Kennebec County, ME. In 2016, the most popular Bachelor's Degree concentrations at Colby College were General Economics (71 degrees awarded), General Political Science & Government (55 degrees), and International & Global Studies (36 degrees).

In 2019, 608 degrees were awarded across all undergraduate and graduate programs at Colby College. 55.4% of these degrees were awarded to women, and 44.6% awarded men. The most common race/ethnicity group of degree recipients was white (398 degrees), 9.71 times more than then the next closest race/ethnicity group, hispanic or latino (41 degrees).

The median undergraduate tuition at Colby College is $54,870, which is $27,590 more than the national average for Baccalaureate Colleges ($27,280).

About the photo: Miller Library viewed from Lorimer Chapel

Costs

The median undergraduate tuition at Colby College is $54,870, which is $27,590 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $19,592.

In 2019, 50% of undergraduate students received federal grants, while 18% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$54,870
2019 Undergraduate Tuition

In 2019, the cost of tuition at Colby College was $54,870. The cost of tuition at Colby College is $27,590 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

This chart compares the tuition costs of Colby College (in red) with those of other similar universities.

View Data
Save Image
Add Data to Cart

Average Net Price

$19,592
2019 Value
5.3%
1 Year Growth

In 2019 Colby College had an average net price — the price paid after factoring in grants and loans — of $19,592. Between 2018 and 2019, the average net price of Colby College grew by 5.3%.

This chart compares the average net price of Colby College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

View Data
Save Image
Add Data to Cart

Other Student Expenses

$9,620
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Colby College was of $9,620 in 2019. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 3.89% between 2018 and 2019. The cost of books and supplies increased by 8.84% during the same period.

This chart compares the average student costs at Colby College (in red) with that of similar universities.

View Data
Save Image
Add Data to Cart

Financial Aid

Financial Aid by Income Level

50%
Of Undergraduates Receive Grants
18%
Of Undergraduates Receive Federal Loans

50% of undergraduate students at Colby College received grants or loans in 2019. This represents a growth of 2.04% with respect to 2018, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at Colby College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

View Data
Save Image
Add Data to Cart

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
3.73%
2017 Default Rate
6
Number of Defaults

In 2017 the default rate for borrower's at Colby College was 3.73%, which represents 6 out of the 161 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

View Data
Save Image
Add Data to Cart

Admissions

Colby College received 13,584 undergraduate applications in 2019, which represents a 10.3% annual growth. Out of those 13,584 applicants, 1,314 students were accepted for enrollment, representing a 9.67% acceptance rate.

There were 2,003 students enrolled at Colby College in 2019, and 52% of first-time enrollees submitted SAT scores with their applications.

Colby College has an overall enrollment yield of 39.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

9.67%
Acceptance Rate in 2019
1,314
Accepted Out of 13,584

In 2019, the undergraduate acceptance rate of Colby College was 9.67% (1,314 admissions from 13,584 applications). This is lower than the acceptance rate of 2018, which was 13.1%. Between 2018 and 2019, the number of applicants grew by 10.3%, while admissions declined by −18.3%.

This chart compares the acceptance rate of Colby College (in red) with that of other similar universities.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

SAT Scores

52%
Submission Percentage
274
Scores Submitted

52% of enrolled first-time students at Colby College in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

View Data
Save Image
Add Data to Cart

Enrollment

Colby College has a total enrollment of 2,003 students. The full-time enrollment at Colby College is 2,003 students and the part-time enrollment is 0. This means that 100% of students enrolled at Colby College are enrolled full-time.

The enrolled student population at Colby College, both undergraduate and graduate, is 60.5% White, 8.34% Hispanic or Latino, 8.19% Asian, 5.44% Two or More Races, 4.99% Black or African American, 0.3% American Indian or Alaska Native, and 0.2% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colby College in full-time Undergraduate programs are most commonly White Female (31.6%), followed by White Male (28.9%) and Asian Female (5.34%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Colby College, both undergraduate and graduate, is 2,003 students. The full-time enrollment at Colby College is 2,003 and the part-time enrollment is 0. This means that 100% of students enrolled at Colby College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Colby College (in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Retention Rate over Time

94%
2019 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Colby College was 94%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Colby College had a retention rate higher than its peers.

This chart shows the retention rate over time at Colby College (highlighted in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,212
  2. Hispanic or Latino
    167
  3. Asian
    164

The enrolled student population at Colby College is 60.5% White, 8.34% Hispanic or Latino, 8.19% Asian, 5.44% Two or More Races, 4.99% Black or African American, 0.3% American Indian or Alaska Native, and 0.2% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 49 students (2.45%) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Graduates

In 2019, 66 more women than men received degrees from Colby College. The most common race/ethnicity group of degree recipients at Colby College is white (398 degrees awarded). There were 9.71 times more white graduates than the next closest race/ethnicity group, hispanic or latino (41 degrees).

The most common Bachelor's Degree concentration at Colby College is General Economics (71 degrees awarded), followed by General Political Science & Government (55 degrees) and International & Global Studies (36 degrees).

The most specialized majors across all degree types at Colby College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (38 degrees awarded), Natural Resources & Conservation (57 degrees), and Philosophy and Religious Studies (14 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Colby College are Lawyers, & judges, magistrates, & other judicial workers (145,438 people), Other managers (136,512 people), Postsecondary teachers (136,507 people), Secondary school teachers (87,348 people), and Physicians (86,739 people).

The most specialized majors at Colby College are Cultural & Gender Studies (38 degrees awarded), Natural Resources & Conservation (57 degrees), Philosophy and Religious Studies (14 degrees), Physical Sciences (40 degrees), and History (24 degrees).

View Data
Save Image
Add Data to Cart

Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Colby College are Surgeons, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Physicians, and Chief executives & legislators

The most specialized majors at Colby College are Cultural & Gender Studies (38 degrees awarded), Natural Resources & Conservation (57 degrees), Philosophy and Religious Studies (14 degrees), Physical Sciences (40 degrees), and History (24 degrees).

View Data
Save Image
Add Data to Cart

Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Colby College are Colleges, universities & professional schools, including junior colleges (260,812 people), Elementary & secondary schools (240,129 people), Legal services (106,679 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (105,061 people), and Computer Systems Design (100,015 people).

The most specialized majors at Colby College are Cultural & Gender Studies (38 degrees awarded), Natural Resources & Conservation (57 degrees), Philosophy and Religious Studies (14 degrees), Physical Sciences (40 degrees), and History (24 degrees).

View Data
Save Image
Add Data to Cart

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Colby College.
Most Common
  1. 71 degree-majorss awarded
  2. 55 degree-majorss awarded
  3. 36 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Colby College was General Economics with 71 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Colby College according to their major.

View Data
Save Image
Add Data to Cart

Gender Breakdown for Common Majors

271
Degrees Awarded to Men
in 2019
337
Degrees Awarded to Women
in 2019

In 2019, 271 degrees were awarded to men at Colby College, which is 0.804 times less than the number of degrees awarded to females (337).

This chart displays the gender disparity between the top 5 majors at Colby College by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In 2019, 50 degrees were awarded to men at Colby College in General Economics, which is 2.38 times more than the 21 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2019, 26 degrees were awarded to women at Colby College in General Psychology, which is 5.2 times more than the 5 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

89%
100% Completion Time
92%
150% Completion Time

In 2019, 89% of students graduating from Colby College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 92% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

View Data
Save Image
Add Data to Cart

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (93.3%)

The student demographic with the highest graduation rate at Colby College is Female and Asian (93.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 12.3% of graduates (55 students) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    398 degrees awarded
  2. Hispanic or Latino
    41 degrees awarded
  3. Asian
    36 degrees awarded

The most common race/ethnicity at Colby College is white (398 degrees awarded). There were 9.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (41 degrees).

3.78% of degree recipients (23 students) did not report their race.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    227 degrees awarded
  2. White Male
    171 degrees awarded
  3. Hispanic or Latino Male
    21 degrees awarded

The most common race/ethnicity and gender grouping at Colby College is white female (227 degrees awarded). There were 1.33 times more white female recipients than the next closest race/ethnicity group, white male (171 degrees).

View Data
Save Image
Add Data to Cart

Operations

Colby College has an endowment valued at nearly $870M, as of the end of the 2019 fiscal year. The return on its endowment was of $72M (8.27%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Colby College had a total salary expenditure of $160M. Colby College employs 69 Assistant professors, 61 Professors, and 57 Associate professors. Most academics at Colby College are Female Assistant professors (42), Male Professors(38), and Male Associate professors (29).

The most common positions for non-instructional staff at Colby College are: Office and Administrative Support, with 89 employees, Service, with 80 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 69 employees.

Finances

Endowment

$870M
2019 Endowment
5.06%
growth from 2018

Colby College has an endowment valued at about $870M, as of the end of the 2019 fiscal year. The endowment of Colby College grew 5.06% from the previous year. The value of their endowment was $829M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Colby College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Government Grants and Contracts

Grants & Contracts
  1. $1.9M - Federal
  2. $1k - State
  3. $0 - Local

As of 2019, Colby College received $1.9M in grants and contracts from the federal government, $1k from state grants and contracts, and $0 from local grants and contracts.

View Data
Save Image
Add Data to Cart

Expenses

Salary Expenditure

$61.9M
2019 Salaries
4.84%
growth from 2018

In 2019, Colby College paid a median of $61.9M in salaries, which represents 38.7% of their overall expenditure ($160M) and a 4.84% growth from the previous year. This is compared to a 7.51% growth from 2017 and a 7.01% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

View Data
Save Image
Add Data to Cart

Instructional Salaries

$24.2M
Instructional Salaries
234
Number of Employees

In 2019, Colby College paid a total of $24.2M to 234 employees working as instructors, which represents 39.1% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

View Data
Save Image
Add Data to Cart

Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
69 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
89 Employees

In 2019, the most common positions for instructional staff at Colby College were Assistant professor with 69 employees; Professor with 61 employees; and Professor with 57 employees.

In 2019, the most common positions for non-instructional staff at Colby College were Office and Administrative Support with 89 employees; Service with 80 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 69 employees.

View Data
Save Image
Add Data to Cart

Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Assistant professor
  2. Male Professor
  3. Male Associate professor

In 2019, the most common demographic for instructional staff at Colby College was Female Assistant professor with 42 employees, Male Professor with 38 employees, and Male Associate professor with 29 employees.

This chart shows the gender split between each academic rank present at Colby College.

View Data
Save Image
Add Data to Cart