Colgate 2025 RD and EDII

I want to share this recent email from President Casey.

Dear Members of the Colgate Community,

I write today to announce the launching of a new, significant Colgate financial aid program, which we are calling the Colgate Commitment: An Initiative in Access and Affordability.

This new initiative has three pillars:

  • Students coming from families with annual income of $80,000 or less will not pay tuition to attend Colgate.

  • Families with annual income levels between $80,000 and $125,000 will, on average, now pay just 5% of their income toward tuition. Families with annual income levels between $125,000 and $150,000 will, on average, pay 10% of their income toward tuition. (All levels of the Colgate Commitment assume typical asset levels for those incomes.)

  • Finally, student financial aid packages will no longer have federal loans for those coming from families with annual income of $150,000 or less.

Funding of more than $1 million for the Colgate Commitment has been provided by generous members of the Alumni Council and Presidents’ Club Membership Council, through the Colgate Fund. I want to thank these alumni volunteers for these gifts, which have allowed us to announce this new initiative right away. The University will seek an additional $25 million in gifts to the endowment during the next three years to fund this program in perpetuity.

This move, advancing both The Third-Century Plan and its Plan for Diversity, Equity, and Inclusion, puts Colgate in a small group of universities — including Brown, Duke, Harvard, and Stanford — that publicly pledge to be tuition free for their lowest-income students.

Please visit the website for more information on the Colgate Commitment.

Again, I offer my profound gratitude to everyone who has made this moment possible.

Sincerely,

Brian W. Casey
President

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Why did you pick Colgate for Economics? Does it have a strong Econ/Business program. Any other aspects of their program that made you consider Colgate? My dd is a rising senior and intersted in business/econ and trying to pick her colleges to apply to. Thank you!

Colgate is a LAC, so it does not have a business school. However, the Economics Department is very distinguished and provides an advanced curriculum. Econ is the most popular major and there are vast career networking opportunities with an alumni network that is known to be exceptionally welcoming.

To add something else: there are all-inclusive study abroad programs in Economics that are very attractive and give an edge in experience to students.

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Great to know! Thank you so much. She has been doing very hands on work with a Virtual Enterprise program in high school and is looking for both theory and practical. The all-inclusive study abroad program sounds great!

This independent site should offer you a sense for Colgate’s economics department: Economics rankings: US Economics Departments at Liberal Arts Colleges | IDEAS/RePEc.

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Thank you!

True! My D20 declared her CS major last year. She is also planning to double major in Economics and minor in Math as well.