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United States · Scholarship · Reviewed 2026-10-15

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.

Official university details ↗Research checked, not sponsored

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