Colby Commitment 100% Demonstrated Need-Based Scholarship
Colby's signature financial aid policy guaranteeing full demonstrated financial need is met with grants instead of loans for every admitted scholar.
Application checklist & requirements
These requirements reflect published university guidelines available at the last review. Review official department guidelines before submission.
- Academic degree / Prerequisites
- Top academic standing in rigorous secondary school curriculum (mostly A grades / top 5% of class).
- English language proficiency
- IELTS 7.5 or TOEFL iBT 100+ for non-native English speakers.
- Standardized testing (GRE/GMAT)
- Not required; test-optional for SAT/ACT.
- Thesis / Research statement
- Common Application, Colby supplemental essays, and CSS Profile / FAFSA financial documents.
- Recommendation letters
- Two teacher evaluations and one counselor recommendation.
How much will it cost? How much funding is available?
- Financial support / stipend
- Full need met without loans: up to $82,000/year covering tuition, room, board, and allowances
- Application fee
- $0 (no application fee for financial aid applicants)
- Tuition / joining costs
- $66,800/year (fully offset by financial aid for qualifying families)
Dates and verification
- Application deadline
- January 5, 2027
- Last source review
- 2026-10-15
Important verification note
Facts reflect official Colby College documentation reviewed 2026-10-15. Admissions, funding allocations, and eligibility thresholds are evaluated by the university.
Reviewed 2026-10-15 · Editorial standards · Report an issue