$1-Million Gift Establishes Financial Aid Fund for Students Pursuing English, History, Applied Sciences

Colby College is pleased to announce that it has received an anonymous $1-million gift to establish a fund to provide need-based financial aid for Colby students, with a preference for those who have a demonstrated interest in or are majoring or minoring in history, English, and/or applied sciences. 

“Increasing access for talented students is extremely important to the College,” said Colby’s Chief Development Officer Alli Lambert. “We are incredibly grateful to this donor for this gift, which allows students who are pursuing a variety of subjects to benefit from the distinctive opportunities a Colby education provides.”

The donor chose to support financial aid to allow the College to continue to provide access to a broad breadth of students while building upon the momentum Colby has achieved over the last 10 years. 

“The key disciplines of a liberal arts education, including English and history, are very important to have an effective career in any industry, whether advertising, law, etc.,” according to the donor. “The ability for students to think clearly and write articulately is a skill that will always be in demand.” 

Colby has become a national leader in access and affordability among colleges and universities. Through a leading admissions and outreach effort that has enrolled extremely academically prepared and diverse students, along with new partnerships forged with community-based organizations and innovative financial aid programs, Colby is one of the most accessible colleges for talented students from all socioeconomic backgrounds.

The College has an ongoing initiative to recruit exceptional students regardless of family income or circumstance and to meet each admitted student’s demonstrated financial need. Colby is one of only a handful of highly selective schools to meet 100 percent of demonstrated need without loans—providing students the opportunity to graduate without student loan debt.

The Dare Northward campaign has played a major role in taking Colby’s financial aid to the next level in transformative ways. With more than $82 million in financial aid gifts since the start of the campaign, donors make this commitment possible. 

The anonymous donor has supported Colby since graduation, and has always enjoyed engagement with the College. 

“It’s important to get broad thinkers and high achievers into Colby, and that they believe in the importance of giving back as soon as they are able,” the donor said, adding that now is the time for more recent alumni to start supporting the College in a meaningful way.