Break Down Barriers: Colby College Offers No-Loan Financial Aid to All Students! 🎓🌍
World-class education without the weight of student loans—open to U.S. and international students.
Are you an ambitious student—whether a U.S. citizen or an international applicant—dreaming of a world-class college education but worried about the cost? It’s time to let go of those financial fears and focus on your future!
Colby College, a leading liberal arts institution, has pioneered a groundbreaking approach to college affordability: The Colby Commitment. This policy ensures that all admitted students, regardless of citizenship, have their demonstrated financial need met without requiring student loans.
Key Highlights of Colby’s Financial Aid
- 100% Demonstrated Need Met: Colby covers all calculated financial need for every admitted student, including those from outside the U.S.
- No-Loan Aid Packages: Your aid consists of grants (money you don’t pay back) and campus employment—no loans used to meet your need.
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Generous Support for Low- & Middle-Income Families:
- $0 parent/guardian contribution for families with total income < $75,000 (with typical assets).
- For families with total income ≤ $200,000 (with typical assets), the parent/guardian contribution is capped at $20,000.
This commitment levels the playing field, making a top-tier education accessible to the best and brightest students from every economic background around the globe.
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Frequently Asked Questions
Does “no-loan” mean I’ll never have loans?
No-loan means Colby does not include loans to meet your demonstrated need. You’re not required to borrow to cover that need. If you choose to borrow for other expenses, that’s up to you—but it isn’t required to meet your calculated need.
Is the policy the same for international students?
Yes—Colby meets 100% of demonstrated need for all admitted students, including international students.
How do I estimate my family contribution?
Families with typical assets and income under $75,000 often have a $0 parent/guardian contribution; those up to $200,000 have contributions capped at $20,000. For personalized estimates, use Colby’s net price calculator and contact the financial aid office.
