Student Financial Services

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Student Financial Services assists with the financial needs of enrolled students. Payment of charges on the College student bill, financial aid and related matters are key functions of this department. The Student Financial Services Office is located on the first floor of the Garrison-Foster building. If you have any questions regarding student financial matters, please feel free to call us at 1-800-723-4033, email sfs@colby.edu or stop by the office.
 

News and Announcements

 
Financial Information for 2014-2015

We anticipate applying fall semester charges to student accounts by July 7, 2014. Financial information to help in the planning process for the upcoming year was sent in an email to students at their Colby email address on June 25th. Parents were copied if the student had previously granted financial permissions. Some of the topics covered include:  Semester Charges, Payment Methods/Mailing Instructions, Student Health Insurance, Optional Tuition Refund Insurance, Tuition Payment Plan, Federal Parent Loans and Federal Student Loans.

To view the 2014-2015 financial information document attached to the June 25th email, please click here.

 

Student Health Insurance

All students enrolled in a Colby-billed program must have health insurance coverage, and all are required to complete the online registration form annually - even if health insurance information is given to other offices on campus. The form either affirms coverage in the plan, or allows students with comparable coverage to waive the insurance and associated fee. The 2014-2015 annual premium of $1,280 will be billed to students in July. Students choosing to waive the fee must complete the form no later than August 1, 2014. For questions concerning coverage provided under the Commercial Travelers Insurance Plan, please call the Cross Agency at 1-800-537-6444. Click here for more information and to complete the 2014-2015 Student Health Registration form.

2014-2015 Financial Aid

For information about applying for federal and/or Colby institutional financial aid for the 2014-2015 year, please click here.  Students who have submitted a complete application will be notified at their Colby email address when the 'Financial Aid Award' is ready to be viewed online.To confirm whether or not all required documents have been received, students are able to view the 'Aid Application Status' under the 'Finances' tab of their myColby Portal.   Aid applications not complete as of July 11, 2014, may be subject to an institutional grant reduction of up to $2,000; this is true even if the student doesn't plan to attend until the spring semester.

 

Federal Student Loan Request Form

Students interested in borrowing a federal student loan must submit the Federal Loan Request Form to document their decision to borrow. Please read about federal student loan borrowing and loan limits, before making any decisions to borrow. Remember, Federal (student) Stafford, and (parent) PLUS Loans will show "tentative" on the student account statement within 7 days of receiving a completed Loan Request Form. Federal grants and loans as well as institutional grant will be posted to the student's account no earlier than 10 business days before the first day of classes each semester.