Financial Aid for Incoming and Current Students Skip Navigation

Financial Aid

Colgate is committed to meeting 100 percent of the demonstrated need of accepted students. A recent fundraising campaign generated an additional $141 million exclusively for financial aid; so if you are interested in attending Colgate but worried about costs, we encourage you to apply.
Student studying outdoorsMany people assume that they cannot afford a private, highly selective liberal arts college such as Colgate.  However, need-based financial aid can help bridge the gap between what a family is asked to contribute and the full cost of attendance. 

To see if you may potentially be eligible for need-based aid at Colgate, you may wish to try our Net Price Calculator.  Please be aware, though, that the calculator works only for domestic students, as it does not take into account the exchange rate and cost of living in countries other than the U.S.  Also, this tool works best for students applying for aid as incoming first-year students -- while the family contribution will be quite similar regardless of a student's year in school, job and loan levels vary based on circumstances not addressed by the calculator.

For students receiving Colgate grant during their first year of college our financial aid awards typically consist of grants, a modest student loan, and a campus job opportunity, with grant funds generally representing the largest portion of the financial aid award.  Students who don't receive aid during their first year at Colgate but who become eligible for assistance in a subsequent year generally receive loans and a job first, then grant to meet remaining need, if any.

Aid packages will usually include a Federal Direct Loan, which for 2014-15 has a fixed interest rate of 4.66% -- either subsidized and unsubsidized, depending on the student's eligibility for federal aid.  Some students may be offered a Federal Perkins Loan, which carries a fixed interest rate of 5%. The type of loan received depends on a student's federal eligibility and on the availability of funds.

A campus job award can generally be earned by working between ten and twelve hours a week, which still leaves sufficient time for academics and activities.  Additional information about student employment can be found at

The aid application process is slightly different for prospective first-year, transfer, and current students.  For information about how to apply, please select the relevant student type from the right-hand side bar or under the "Helpful Links" found below.

Class of 2018 Statistics

Average financial aid award: 
Colgate Grant -- $40,624
Student loan -- $2,500
Campus job -- $2,800
Total -- $45,924
Average contribution for students receiving financial aid:
Student -- $1,700
Parent -- $14,781
Total family contribution -- $16,481

Admitted aid applicants with demonstrated need met in full -- 100%

Percent of class receiving financial aid -- 43.4%

Financial Aid Brochure

Contact Information

Mailing address:
Office of Financial Aid
13 Oak Drive
Hamilton, NY 13346


Physical address:
G-10, James B. Colgate Hall
(down one level from the Admission Office)

Office hours: 8 a.m. - noon and 1 - 4:30 p.m. (or until 4 p.m. during June and July)

When sending personal information -- including but not limited to Social Security, bank account, or credit card numbers, etc. -- please send via fax or mail, rather than e-mail.  Electronic mail is not generally considered to be a secure means of communication.