Payment Methods and Mailing Instructions

If you are making a payment from a U.S. savings or checking account, you may wish to make an online payment via ACH from a secure site. There is no charge for this transaction which provides an email confirmation. Login access requires the student’s Colby ID and last name, and the bank routing number, the checking or savings account number is needed to process payment.

Electronic (ACH) One-Time Payment

Due to the high cost of processing fees, the College does not accept credit cards for payment on the student account.

To enroll in a new tuition payment plan or for additional information, please visit the Transact site by clicking the link below or by calling their Customer Care Department directly at 1-888-381-8054.

Before you begin, we highly recommend using our new tuition payment calculator to estimate your semester cost, to get started please click here.

New Tuition Payment Plan

Please Note: When creating a payment plan account for the first time, be sure to click the “NEW? Create an account”. Feel free to contact Transact Support at 1-888-381-8054 (select option 1 then option 2) for assistance.

Fall Only 4 month plan: Enrollment opens on May 1, 2024 and ends on July 26, 2024, with first and final payment dates of June 1, 2024, and September 1, 2024, respectively.

Spring Only 4 month plan: Enrollment opens on October 1, 2024 and ends on December 13, 2024, with first and final payment dates of November 1, 2024, and February 1, 2025, respectively.

Please note, late enrollment may result in catch-up payments to bring the tuition plan contract up to date*

Please note participants in any payment plan may continue to receive monthly statement reminders from Colby until the student’s account is paid in full. If the amount budgeted by the family does not appear to be sufficient to cover the student’s bill by the end of the term, a reminder may be sent to the family from Student Financial Services.

Tuition Payment Plan Payment

Please Note: As an added security feature, when making a payment or contract plan change, you must sign in as an authenticated user by entering the username and password selected when the tuition payment plan contract was created. If you are having trouble or have forgotten your username or password, please contact Transact Support at 1-888-381-8054 (select option 1 then option 2) for assistance.

Colby has partnered with Flywire to offer a variety of secure payment options for our students. Flywire’s mission is to save families money that would otherwise be lost on bank fees and unfavorable foreign exchange rates. By using Flywire, the posting of the payment into your myColby account will be faster, you will be able to track where your payment is in the transfer process, and you will be notified via text/email when it is received by the College.

Wire Payment

Please Note: A $25.00 transaction fee will be assessed on all wire payments that are received outside of the College’s preferred payment method “Flywire”.

A check, payable to Colby College, can also be mailed to:

Student Financial Services
Colby College
4130 Mayflower Hill
Waterville ME 04901-8841

**Please be sure to indicate the student’s name and Colby ID on a separate piece of paper or in the memo section of the check to ensure timely and accurate recording.

Please contact your 529 Plan to initiate a payment by wire or check:

• Many 529 College Savings Plans now have a digital distribution option which saves time and improves transparency with real-time payment tracking. When requesting a withdrawal from your plan, look to see if a digital disbursement is available. 

• 529 payments that are submitted via check can take 7-10 business days to be received by our Office and an additional 1-2 business days to be posted to the students account. If choosing to draw 529 funds payable by check, be sure to include the students name and ID on the check memo, and
  mail to:

          Colby College
          Student Financial Services
          4130 Mayflower Hill Dr.
          Waterville, ME 04901

Payment by check or cash can also be made on campus in the Office of Student Financial Services, located on the first floor of the Garrison-Foster Building, Monday through Friday from 9:00am to 12pm and 1:00pm to 4:00pm.

Please Note – The College reserves the right to assess a $25.00 returned check (electronic or paper) fee for each returned item.

Student Charges and Due Dates
Student Login to Tuition Statement
Parent Login to Tuition Statement