Colby's tuition & fees has increased from $47,350 (2014) to $66,600 (2024), and the rate of tuition increase is 40.65% over the past 10 years.
Colby's tuition increase rate is higher than the Maine's average increase rate of 36.35%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 39.80% from 2014 ($61,100).
For the current academic year 2023-2024, Colby's COA is $85,420, which is increased by 4.75% from last year.
The following table and chart show changes to Colby's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 40.65% for the last 10 years , and the 2024 tuition & fees are $66,600. The following table and chart show the tuition & fees changes at Colby College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $850, and it has increased 21.43% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $700 | - |
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| 2015-16 | $700 | |
|---|
| 2016-17 | $732 | 4.57% |
|---|
| 2017-18 | $735 | 0.41% |
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| 2018-19 | $800 | 8.84% |
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| 2019-20 | $800 | |
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| 2020-21 | $850 | 6.25% |
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| 2021-22 | $850 | |
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| 2022-23 | $850 | |
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| 2023-24 | $850 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 38.23% when a student lives on-campus facilities and 18.00% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Colby College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $13,050 | $5,940 | - |
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| 2015-16 | $13,510 | $6,140 | 3.52% |
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| 2016-17 | $14,132 | $6,482 | 4.60% |
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| 2017-18 | $14,727 | $5,927 | 4.21% |
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| 2018-19 | $15,192 | $6,052 | 3.16% |
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| 2019-20 | $15,520 | $6,040 | 2.16% |
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| 2020-21 | $16,145 | $6,305 | 4.03% |
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| 2021-22 | $16,595 | $6,755 | 2.79% |
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| 2022-23 | $17,180 | $7,050 | 3.53% |
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| 2023-24 | $17,970 | $6,950 | 4.60% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Colby College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Colby College | $66,600 | $63,520 | 4.85% |
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|
| University of New England | $42,550 | $40,950 | 3.91% |
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|
| Unity Environmental University | $12,640 | $12,640 | - |
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|
| Husson University | $22,194 | $21,090 | 5.23% |
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|
| Bowdoin College | $64,910 | $61,528 | 5.50% |
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|
| Bates College | $63,478 | $61,066 | 3.95% |
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