Lana Oconnell
Colby College offers financial aid to international students, covering tuition, housing, meal plans, health insurance, transportation, and visa-related fees. The college meets 100% of demonstrated financial need through grants and employment opportunities, without the use of loans. International students can also benefit from partnerships with Sprintax and Flywire, which facilitate tax payments and international payments, respectively. Additionally, Colby College offers scholarships, such as the National Merit Scholarship, and need-based financial aid, as described by a student from Uzbekistan who received a full scholarship.
| Characteristics | Values |
|---|---|
| Financial aid for international students | Colby College meets 100% of demonstrated need for all admitted students, including international students. |
| Financial need determination | Determined by each family's unique financial circumstances, including costs associated with necessary travel expenses, currency exchange rates, and the $1,500 Off-Campus Study Fee. |
| Financial aid package components | Grants, employment, and outside scholarships. |
| Outside scholarships | Thousands of outside scholarship opportunities are available, and students are encouraged to apply for as many as possible, including local and national scholarships. |
| Payment plans | Colby offers a Fall 4-month payment plan and a Spring 4-month payment plan. |
| International payment options | Colby has partnered with Flywire to accept payments from international students in their national currency. |
| Tax assistance | Colby College has teamed up with Sprintax, an online tool to help international students prepare their federal and state tax returns. |
| Full financial aid recipients | Some international students have received full financial aid, covering tuition, housing, meal plans, health insurance, transportation, and visa-related fees. |
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What You'll Learn
- Colby College meets 100% of demonstrated financial need
- International students must submit a CSS Profile to determine eligibility for institutional funds
- Financial aid packages are tailored to meet 100% of determined need
- International students can work up to 12 hours a week on campus
- International students are automatically enrolled in Colby's student health insurance plan
Colby College meets 100% of demonstrated financial need
Financial need is determined by each family’s unique financial circumstances, with the college carefully considering each student’s financial aid application. The college measures the family’s financial strength, and if the student is deemed eligible for aid, their package will be tailored to meet 100% of their determined need. The family contribution is the expected parent contribution, student earnings and benefits, and a portion of student assets, as well as other available resources such as gifts from relatives or tuition benefits from an employer.
For students who do not apply for financial aid before admission, they will not be considered for college grant assistance until their junior year, unless their family financial circumstances change unexpectedly. However, the college anticipates that the comprehensive fee will likely increase by 1 to 2 percent above inflation each year.
Colby College supports international undergraduate, graduate, and visiting scholar students holding an F1 or J1 visa by providing immigration services before arrival on campus and during their stay. The college has also partnered with Sprintax, an online tool to help international students and scholars prepare their federal and state returns. Additionally, Colby has partnered with Flywire to accept payments from international students worldwide, allowing them to make payments from their home country using their national currency.
An example of Colby College meeting the financial needs of an international student is the case of Sherbek Abdurahmonov from Uzbekistan. Sherbek received full financial aid from Colby College, which covered his tuition, housing, meal plan, health insurance, transportation, and visa-related fees, exceeding $360,000 for four years. He was also named a Presidential Scholar, granting him access to an extra $3,000 in funding for research projects, internships, or off-campus studies and travel.
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International students must submit a CSS Profile to determine eligibility for institutional funds
Colby College meets 100% of the demonstrated financial need of all admitted students, including international students. The college's financial aid packages are designed to meet 100% of demonstrated financial need with grants and employment. International students must submit a CSS Profile to determine their eligibility for institutional funds. Colby's CSS code number is 3280. The CSS Profile is required for determining eligibility for institutional funds. If your parents are divorced, separated, or were never married, please submit the Non-Custodial Parent CSS Profile. For students for whom the fee to submit the CSS Profile poses a financial burden, Colby offers a CSS fee waiver.
When considering a student’s financial aid application, Colby College takes into account costs associated with necessary travel expenses, currency exchange rates, and the $1,500 Off-Campus Study fee. The college also provides immigration services before arrival on campus and during the student's stay. All international students will be automatically enrolled in Colby’s student health insurance plan each year.
To make things easier for international students, Colby College has partnered with Sprintax, an online tool specifically designed to help international students and scholars prepare their federal and state returns. Colby has also partnered with Flywire to accept payments from international students worldwide, allowing them to make payments from their home country using their national currency.
It is important to note that students who do not apply for financial aid prior to admission will not be considered for college grant assistance until their junior year, unless their family financial circumstances change unexpectedly.
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Financial aid packages are tailored to meet 100% of determined need
Colby College meets 100% of the demonstrated financial need of all admitted students, including international students. The college's financial aid packages are tailored to meet 100% of each student's determined need. When considering a student’s financial aid application, Colby College takes into account costs associated with necessary travel expenses, currency exchange rates, and the $1,500 Off-Campus Study fee. The college also provides advice and guidance on financial matters, including the U.S. tax system, which can be overwhelming for international students. To make things easier, Colby has partnered with Sprintax, an online tool to help students prepare their federal and state returns.
Colby College's financial aid packages are designed to meet 100% of demonstrated financial need with grants and employment. The college awards over $50 million in grant assistance annually, and eligible aid recipients are automatically considered for grants. These grants do not need to be repaid and are available from federal and state governments, other outside agencies, and the college’s own funds. Colby also offers campus employment opportunities for students, with hundreds of job openings available. Students who receive financial aid may work up to 12 hours each week, and their earnings are often used to cover personal expenses.
For students who do not apply for financial aid before admission, Colby College will not consider them for college grant assistance until their junior year, unless their family's financial circumstances change unexpectedly. Additionally, the college anticipates that the comprehensive fee will likely increase by 1 to 2 percent above inflation each year. Despite this increase, Colby pledges to meet 100% of each admitted student's demonstrated financial need without loans.
Colby College also supports international students by providing immigration services before their arrival on campus and during their stay. The college automatically enrolls international students in its health insurance plan, which is necessary due to the need for comparable U.S.-based coverage.
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International students can work up to 12 hours a week on campus
Colby College meets 100% of demonstrated financial need for all admitted students, including international students. The college considers each student's financial aid application and tailors its financial aid package to meet 100% of the student's determined need. This package may include grants and work-study aid.
Colby College also supports international students by providing immigration services before arrival on campus and during their stay at the university. The college also works closely with other offices, such as the Multicultural Programs team, which offers services and programs to support the international student population.
Additionally, Colby College has partnered with Flywire to accept payments from international students worldwide, allowing them to make payments in their national currency. The college also assists international students in navigating the financial aid process for study away and provides resources for understanding the associated costs.
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International students are automatically enrolled in Colby's student health insurance plan
Colby College offers financial aid to international students. The college meets 100% of demonstrated need for all admitted students, including internationals. The financial aid packages are designed to meet all of the student's determined need, with grants and employment. The college also offers a CSS fee waiver for students who cannot afford it. Colby has partnered with Flywire to accept payments from international students worldwide, allowing them to make payments from their home country using their national currency.
International students at Colby College are automatically enrolled in the college's student health insurance plan. This is due to the need for comparable US-based coverage. The college also provides immigration services before arrival on campus and during the students' stay.
The college considers each student's financial aid application carefully. The family contribution is calculated by combining the expected parent contribution, student earnings and benefits, and a portion of student assets, as well as other resources. Colby's financial aid packages do not include loans; instead, they contain grants and work-study aid. Grants are available from federal and state governments, other outside agencies, and the college's own funds. Campus employment is also an option, with hundreds of job opportunities available.
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Frequently asked questions
Yes, Colby College provides financial aid to international students. The college meets 100% of the demonstrated financial need of admitted students, including internationals.
The financial aid package includes grants, work-study aid, and campus employment opportunities. Grants are available from the federal and state governments, outside agencies, and the college's own funds. Campus employment opportunities are available to all students, whether or not they receive financial aid.
Eligibility for financial aid is based on each student's financial need, which is determined by their family's unique financial circumstances. Colby College considers factors such as family contribution, student earnings and benefits, student assets, and other available resources.
To apply for financial aid, students must submit a financial aid application and any required tax documents. The FAFSA is the only form required to apply for federal grants and loans. Additionally, Colby College requires the CSS Profile to determine eligibility for institutional funds.
