Is Colby worth the money? Read College Factual's annual Colby value report to determine if the school is priced fairly for the quality of education they provide. Colby College is ranked 2 out of 17 in Maine for quality and 7 out of 17 for Maine value. Find out if Colby offers in-state tuition that you may qualify for. Colby College provides the kind of quality education we anticipated when compared to other colleges at the same price point.
Based on this information we believe it is priced fairly for the type of education provided. The Colby time to graduate is about 4. This brings the total cost to , There are many ways you can lower the cost of a college education. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation.
This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below. What will it cost to send your child to Colby College in the future?
This amounts to an average annual price increase of 4. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Colby College.
What was tuition at Colby College five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to follows. Use the calculators below to formulate a college savings plan for Colby College or model a student loan.
Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Colby College student loan. How much will Colby College cost in 18 years? How much is the monthly student loan payment for Colby College? Colby College is a four year private college located in Waterville, Maine.
Full time enrollment is 2, and part time is 0. Learn more about getting accepted at Colby College at CollegeSimply. In this post, we discuss just how much you might expect to pay to attend Colby College. College costs are hard to predict due to their broad variability from one family to another.
There are many factors that influence college costs and cause variation from one student to another. Everything from family income to student accomplishment to state of residence and college choice can run costs up or down. This is sometimes known as the sticker price and is generally the total amount that it costs per year to attend that college, including tuition, room and board, and any necessary fees.
Few students end up paying the entire list price at most colleges. Instead, most are the recipients of some kind of aid such as federal, state, or local government aid, institutional financial aid, or merit aid. The average net cost at a college is the average amount that families pay to attend after receiving aid, and this is often a more helpful data point for families trying to predict college costs.
Colby is a private college, so students pay the same amount whether they are in-state or out-of-state students, but few students actually pay the entire list price. Net costs vary depending on how much aid a family receives. This is impacted most profoundly by the amount a family earns, so breaking down net cost by family income can lend even more insight into college expenses.
In contrast, low percentages of students with loans is a sign that Colby College tuition is affordable. This usually means the school has a strong financial aid program, and grants are enough to pay for the cost of college. Chances are, if you attend Colby College, you won't have to take out loans yourself, which means you won't graduate with student debt.
Federal loans tend to have low interest rates, which means they cost less in the long run. They may come with other perks like subsidization or even options for loan forgiveness. Generally, schools with strong financial aid programs will have students with more federal loans than private loans.
Other loans, or private loans, are the last resource students turn to when paying for college. Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable Colby College is. Just as important as the percentage of students with private loans is the average loan amount. The smaller the average loan amount, the better:. The percentage of students getting federal loans is greater than those getting private loans, which is a good sign.
This means lower-interest federal loans are usually enough to pay for Colby College. Studying for the ACT? Want to learn how to improve your ACT score by 4 points? This guide was written by Harvard graduates and ACT perfect scorers. Every family has a different situation, and depending on your income level, you'll have to pay more or less to go to college. Above, we've covered Colby College's Cost of Attendance tuition, room and board, books, and more.
We also covered its typical financial aid in grants, loans, and scholarships. The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The lower the school's cost, and the more aid you get, the lower the Net Price. We'll cover two ways to get your Net Price for Colby College - the fast way, and the precise way. If you want a quick, general idea of your annual Net Price at Colby College, here's a handy chart showing the net price of real students.
All you need is your family income. As we'll discuss next, your exact Net Price will depend on other factors like the number of family members and total assets, but this represents the typical Net Price. Most schools have an updated Net Price calculator available. To find it, just google "Colby College Net Price Calculator" - the official tool should be one of the top search results. This will take minutes to complete, and you'll get a specific net price that's more accurate than the table above.
Once again, the Net Price is the total cost of attending, minus the aid you can expect to get grants and scholarships. It's the amount you'd have to cover yourself. The US government has come up with a standardized way to calculate how much a typical family can afford to pay without help. This is the amount the government thinks that family can reasonably pay, and the school will have to step in and cover the rest.
Colleges use this number as a guideline to decide how much aid to give you, but it's just a guideline. Some schools will be stingier with aid, and you'll have to pay more than the government's suggested EFC. It's a simple equation:. We've constructed a simple tool to figure out whether Colby College is affordable for you:. In order to calculate this amount, we need just 4 pieces of information from you. We won't save this data. Include cash, investments, and net worth of businesses. Don't include the value of your home.
This is the amount that the federal government thinks you can afford to pay for school. Please note this tool is only an approximation, and your personal situation may cause your EFC to vary. Your EFC may be higher from our quick estimate above. Also, you may be able to cover much of your expenses with loans, outside scholarships, or a job.
Therefore, it's still worthwhile to consider your options.
0コメント