Student Charges & Payment Schedule
Student Charges 2022-23
|Downtown Residents fee reduction**||$2,180||$4,360|
|Alfond Residents fee reduction**||$2,180||$4,360|
|Off Campus Housing fee reduction (Deans Permission Required)**||$5,255||$10,510|
|COOT (orientation fee for first-year students only)||$275|
|Student Insurance Premium||$2,070/year|
* The comprehensive fee includes tuition, room, and board. It also includes an allocation for the Student Government Association and funding for use of college health services (not including student health insurance).
** The default meal plan for Downtown/Alfond Residents and Off Campus Housing is 100 meals per semester.
Payment Schedule 2022-23
August 1, 2022 – Fall Semester Charges Due
January 1, 2023 – Spring Semester Charges Due
Students arriving at Colby for their first semester on campus will also be charged for the Colby Outdoor Orientation Trip (COOT). The fee of $275 is due the same date as basic charges for the appropriate semester.
Late Payments – A late payment fee of 1 percent will be assessed for unpaid balances of $1000 or more. This fee is assessed on the first day of classes each semester, and the first business day of the month thereafter (Click here for 2022-23 Academic Calendar).
Please Note – The College reserves the right to assess a $25.00 returned (electronic or paper) check fee for each returned item.
Tuition Payment Plan 2023-24
The College has once again partnered with Transact Payments, powered by Transact, to offer two payment plan options for the 2023-24 academic year.
- Fall Only 4-month plan: Enrollment opens on May 1, 2023, and ends on July 28, 2023, with first and final payment dates of June 1, 2023, and September 1, 2023, respectively.
- Spring Only 4-month plan: Enrollment opens on October 1, 2023, and ends on December 15, 2023, with first and final payment dates of November 1, 2023, and February 1, 2024, respectively.
Please note, late enrollment may result in catch-up payments to bring the Transact contract up to date.
Students who study abroad at a non-Colby billed program are not eligible to open a payment plan for the semester they are away.
We understand that planning for college has been years in the making and we are committed to helping our students and their families understand the cost and financial impact. Offering these payment plans allows our families to design a more manageable payment option to better suit their own financial needs.
We highly recommend using the tuition payment calculator to estimate cost. To get started, please click here.
To enroll in a new tuition payment plan or for additional information, please visit the Transact site by clicking the button below or by calling their Customer Care Department directly at 1-888-381-8054.
New Tuition Payment Plan
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 the Office of Student Financial Services.
Dewar Tuition Insurance
Pro rata refunds of the basic charges will be made for students who either withdraw voluntarily or upon advice from the College physician during the enrollment period. The enrollment period is either the fall or spring semester. (Refunds of basic charges are not granted to full-time students withdrawing during the January Program.) A similar refund policy is in effect for Colby off-campus programs; however, as starting and ending dates vary, the specific dates are determined by individual programs as they correspond to the relevant percentages of the semester’s duration.
In addition to any applicable Colby refund, the College offers an optional tuition refund insurance designed to reduce the financial loss caused by a medical withdrawal. For more information, please contact DEWAR at 617-774-1555 or click here.
No refund will be made until the withdrawal/leave process established by the dean of students is completed. Federal regulations determine the amount and the order in which federal loans and scholarships are to be refunded.
No refunds are made for students who elect not to do an on-campus January Program.