Colby College Business Programs

Colby College is a private not-for-profit institution located in Waterville, Maine. Waterville is a great place for students who enjoy small town life.

Colby College Rankings

These rankings may look different from those published by other outlets, because we use an outcomes-based approach rather than a subjective one. We get our data from a number of places, including the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard. For more information, check out our rankings and methodology page.

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at Colby.

Rank	Ranking Name	Share
#68	Best Economics Bachelor’s Degree Schools	Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards Colby has earned from around the web.

Rank	Ranking Name	Source
#63	Best Schools	Course Advisor
#71	Highest Paid Economics Graduates	College Factual

Where Is Colby College?

Contact details for Colby are given below.

	Contact Details
Address:	4000 Mayflower Hill Drive, Waterville, ME 04901-8840
Phone:	207-859-4000
Website:	www.colby.edu
Facebook:	http://www.facebook.com/colbycollege
Twitter:	http://www.twitter.com/colbycollege

How Do I Get Into Colby?

You can apply to Colby online at: www.colby.edu/admission/apply/

Admission Requirements for Colby

Submission	Required?
High School GPA	considered but not required
High School Rank	considered but not required
High School Transcript	required
College Prep Program	recommended
Recommendations	required
SAT or ACT Scores	considered but not required
TOEFL	considered but not required

How Hard Is It To Get Into Colby?

If you plan to apply to Colby, make sure you don't wait until the last minute to fill out your application. The school is one of the most selective in the United States and has a low acceptance rate of 10%. If you are admitted, that's something to brag about!

Approximately 47% of accepted students are men and 53% are women. The acceptance rate for men is 10%, and the acceptance rate for women is 10%.

Average Test Scores

About 47% of students accepted to Colby submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 680 and 740. Math scores were between 700 and 780.

Colby received ACT scores from 32% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 32 and 35. Math scores were between 27 and 32. Composite scores were between 31 and 34.

Can I Afford Colby College?

The overall average net price of Colby is $53,786. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At Colby, approximately 12% of students took out student loans averaging $7,718 a year. That adds up to $30,872 over four years for those students.

The student loan default rate at Colby is 2.0%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Colby College Undergraduate Student Diversity

Gender Diversity

Of the 2,155 full-time undergraduates at Colby, 47% are male and 53% are female.

Racial-Ethnic Diversity

The racial-ethnic breakdown of Colby College students is as follows.

Race/Ethnicity	Number of Grads
Asian	199
Black or African American	101
Hispanic or Latino	169
White	1,308
International Students	186
Other Races/Ethnicities	192

Geographic Diversity

Maine students aren't the only ones who study at Colby College. At this time, 38 states are represented by the student population at the school.

Over 69 countries are represented at Colby. The most popular countries sending students to the school are China, Canada, and India.

Online Learning at Colby College

In 2019-2020, 1,669 students took at least one online class at the school.

Colby College Business Concentrations

The table below shows the number of awards for each concentration.

Major	Bachelor’s	TOTAL
Econometrics & Quantitative Economics	74	74
General Economics	0	0
TOTAL	74	74

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• Image Credit: By Nickline4 under License

More about our data sources and methodologies.