Prospective students can now quickly and easily estimate their cost to attend Colgate University by using MyinTuition, a new online tool released by the Office of Financial Aid.

By answering six basic financial questions, the Quick College Cost Estimator determines family contribution, work-study, loan, and Colgate grant eligibility. From start to finish, the process takes a matter of minutes.

Developed by a leading economist at Wellesley College, the tool has the potential to change cost misconceptions and expand the list of available options for students beginning the college search.

“MyinTuition brings clarity to the overwhelming and often confusing question of college affordability for prospective students and their families,” said Gary Ross ’77, Vice President for Admission and Financial Aid. “I would never want a student to miss an opportunity to apply to Colgate because they assume they cannot afford it.”

“Resources like this help prospective students make informed decisions,” said Gina Soliz, Senior Associate Dean and Director of Financial Aid. “Early in the application process, it alleviates concerns many students have about how much financial aid they may receive.”

Colgate is committed to making a quality education affordable to students from all socioeconomic backgrounds by meeting 100 percent of demonstrated need. Of the Class of 2022, 42 percent are receiving financial aid, with an average award package of $53,861.

Graduates are leaving with less debt, too. After four years at Colgate, aided students have an average debt of $14,947 — significantly less than the national average of more than $39,000.

Prospective students can also access the net price calculator for a more detailed estimate of family contribution and financial aid range.

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