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Rank: 124

Colby College

Waterville, MEhttps://www.colby.edu
Founded in 1813, Colby is one of the oldest private colleges in the U.S. and prides itself on its low student-faculty ratio and the opportunities it provides for undergraduate research. Each January, students complete a "Jan Plan," an exploratory term that allows them to focus on a single subject or experience -- which can mean anything from studying film narratives and producing entire movies to learning the art of fly fishing in California to studying West African music and performing live. While students are only required to complete three Jan Plans, often students will elect to complete a fourth term because the experience is so enjoyable. On campus, Colby's 2,000 undergraduates praise the close relationships they're able to form with professors, some of whom even invite students over for home-cooked dinners. Academically, social sciences programs are the most popular, with the economics and political science departments handing out the most degrees. The campus has an idyllic, New England feel, with an on-campus arboretum and nature trails. But its location in central Maine is a bit off the beaten path, with the nearest large city, Portland, some 90 minutes to the south.
costs
Est. Full Price 2019-2020
$71,600
% of students who get any grants
46%
Est. price for students who receive aid
$21,700
Average price for low-income students
$7,900
admissions
Acceptance rate
16%
Median SAT/ACT Score
1420/32
SAT/ACT required?
No
Enrollment
1,917
Financial Aid
% of students with need who get grants
98%
% of need met
100%
% of students who get merit* grants
N/A
Average merit grant
$433
student success
Graduation rate
92%
Average time to a degree
4 years
Average student debt
$19,170
Average salary within 3 years
$57,800
% of low-income students who become upper middle class
61%
key deadlines
Early decision application
Nov 15
Regular application
Jan 1

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

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