Colby Class of 2023 Sets New Records

Colby just released information about the incoming Class of 2023. Exciting to see that Colby is diversifying and the yield rate has gone up!

https://www.colby.edu/news/2019/05/09/class-of-2023-sets-new-records/

"Colby received 13,584 applications from all around the country and the globe, a 10-percent increase from last year, reflecting the continuously growing demand for a Colby education.

From that pool, 1,308 students were offered admission, which translated into an overall acceptance rate of 9.6 percent. With more admitted students choosing Colby for their undergraduate studies, the yield rate reached 44 percent—an 8-percentage-point increase from the previous admissions cycle. The median SAT score of the incoming class is 1460 and the median ACT score is 33.

The incoming class is drawn from approximately 400 high schools, 38 states, and 36 countries. Among American students, 34 percent self-identified as students of color. Pell Grant recipients make up 17 percent of the first-year class. Approximately 12 percent are first-generation-to-college students. More than 12 percent are non-U.S. citizens.

“The Class of 2023 is the first to benefit from the Fair Shot Fund, which ensures families with a total household income of $150,000 or less and assets typical of that income range will have an annual parent or guardian contribution of $15,000 or less,” said Vice President and Dean of Admissions and Financial Aid Matthew T. Proto. “Our expanded outreach and new financial aid policies have allowed more talented students from all backgrounds to pursue a Colby education.”

Yield up by 22%? This would seem a sufficient basis, by itself, for a national news story. And, can Colby accommodate an entering class of 576 students? Or, do the statistics in the article represent preliminary figures that will be subject to revision?

According to this article released in March, Colby was aiming to accomodate for 560 students for 2023.

http://www.colby.edu/news/2019/03/19/colby-admits-class-of-2023/

http://www.colby.edu/news/2019/03/19/colby-admits-class-of-2023/

I’m surprised that no one has highlighted the fact that Colby is now a member of the elite colleges with a
no-loan financial aid policy regardless of income.
https://studentloanhero.com/featured/colleges-no-student-loans-policy/