What Students and Their Parents Pay
For more than a decade, costs to attend Colgate were double or more the rate of inflation. Now, in response to a declining national economy and a decrease in high school graduates from the northwest, where Colgate draws a majority of students, Colgate is projecting students costs to increase at 2.2% each year through 2014.
Fiscal Year End May 31 |
Student Enrollment |
Tuition only |
Student Tuition, Room, Board, Fees (Books/personal expenses not included approx $1,710 -$2K) |
Percent Increase in Tuition, Room, Board, Fees from previous year |
U.S. Inflation rate |
Students Receiving Financial Aid |
2011-2012 |
2,900 |
$42,625 |
*$55,570 |
6.7% |
**3.63% |
*39% |
2010-2011 |
2,854 |
$41,585 |
*$52,060 |
2.2% |
1.64% |
*37% |
2009-2010 |
2,837 |
$40,690 |
$50,940 |
3.6% |
-0.34% |
N/A |
2008-2009 |
2,844 |
$39,545 |
$49,170 |
5.0% |
3.9% |
39% |
2007-2008 |
2,841 |
$37,405 |
$46,830 |
7.5% |
2.9% |
39% |
2006-2007 |
2,779 |
$34,795 |
$43,560 |
5.8% |
3.2% |
41% |
2005-2006 |
2,771 |
$32,885 |
$41,170 |
5.4% |
3.4% |
42% |
2004-2005 |
2,824 |
$31,230 |
$39,060 |
5.3% |
2.7% |
43% |
2003-2004 |
2,750 |
$29,740 |
$37,095 |
5.6% |
2.3% |
43% |
2002-2003 |
2,725 |
$28,165 |
$35,130 |
4.9% |
1.2% |
39% |
2001-2002 |
2,917 |
$26,845 |
$33,480 |
4.4% |
2.8% |
38% |
2000-2001 |
2,718 |
$25,565 |
$32,070 |
3.2% |
3.4% |
N/A |
1999-2000 |
2,811 |
$24,575 |
$31,080 |
3.2% |
2.2% |
41% |
Source: Colgate University Audited Financial Reports 1998-2010; Chronicle of Higher Education, Facts & Figures Tuition & Fees; Colgate University Trustee Budget Resolutions
* Freshman receiving financial aid; total percentage of students receiving aid not disclosed.
** Inflation rate as of June 2011 www.inflationdata.com