--- title: Colby College — PickACampus description: Learn about Colby College in Waterville, ME, including its 7% acceptance rate, 89% graduation rate, $69,600 tuition, and median starting salary. url: https://pickacampus.com/college/116 last_updated: 2026-06-03 --- # Colby College Colby College is a private institution located in Waterville, Maine, with a total enrollment of 2,407 students. The college maintains a 9:1 student-faculty ratio and reports a 7% acceptance rate with an 89% graduation rate. Graduates earn a median starting salary of $60,052 and carry a median student debt of $19,157. ## Overview - Location: Waterville, ME - Type: Private - Setting: college-town - Total enrollment: 2,407 ## Admissions - Acceptance rate: 7% - Average SAT: 1,501 - Average ACT: 33 - Average GPA: 3.94 ## Cost - In-state tuition: $69,600 - Out-of-state tuition: $69,600 - Room and board: $17,890 - Average financial aid: $46,000 - Average student debt at graduation: $19,157 ## Outcomes - 6-year graduation rate: 89% - 4-year graduation rate: 75% - Freshman retention: 92% - Employment rate: 86% - Average starting salary: $60,052 ## Academics - Student-faculty ratio: 9:1 ## Common questions Q: What is Colby College's acceptance rate? A: Colby College's acceptance rate is 7%. Q: How much does Colby College cost? A: Tuition at Colby College is $69,600 per year, before room and board and fees. Q: Where is Colby College located? A: Colby College is located in Waterville, ME. Q: What SAT score do you need for Colby College? A: The average SAT score at Colby College is 1,501. Q: What is the graduation rate at Colby College? A: Colby College has a 6-year graduation rate of 89%. Compare Colby College with other schools free at https://pickacampus.com/college/116