Started at Colby in 1984-85, the Senior Pledge program is a long-standing tradition of seniors giving back to Colby in recognition of their outstanding educational experiences. It also is an opportunity to demonstrate social responsibility as we embark on our careers and lives after graduation.
Senior Pledge contributions are treated as Colby Fund gifts. The program offers opportunities for the senior class to learn how the Colby Fund helps the College, to begin giving back to the College, and to strengthen class identity by collectively reaching dollar and participation goals.
Why Should I Give?
Senior Pledge provides seniors with an opportunity to remember the individual and collective experiences that have defined their time at Colby and to recognize the value of those experiences.
- Class Unity. In giving back to this institution that has given us so much, we strengthen our class unity; we define ourselves as a group of individuals, unique in talent but united in our recognition of our experiences.
- Gifts in Honor. We come from diverse backgrounds and have varied histories, but all of us owe our Colby experiences to individuals who have made lasting and significant impacts on our lives. A gift to Senior Pledge can be made in honor of someone who has made your Colby experience memorable.
- The True Cost. Every Colby student receives a silent scholarship of more than $16,000 each year. Donations from students and alumni make it possible for the cost of tuition to be 26 percent lower than the true cost of a Colby education.
- Scholarship Funding. Donations made to Senior Pledge reduce the cost of tuition and allow students for whom it would otherwise be financially impossible to receive a Colby education.
The Importance of the Colby Fund
The Colby Fund comprises annual unrestricted contributions from alumni and members of the senior class. It provides immediate budget relief for scholarships, faculty salaries, libraries, and campus maintenance, and it supports athletics, student clubs, lectures, the arts, and other activities.
Our participation in the Colby Fund through the Senior Pledge program and in future years as alumni is extremely important. High participation is looked upon favorably by college review publications when ranking institutions and by foundations when awarding grants critical to the College.
Colby Fund gifts, both large and small, have a significant impact. Our commitment to Senior Pledge and, starting next year, the Colby Fund ultimately will help the participation rate and the total dollars raised by the Colby Fund, and it will strengthen the value of our Colby degrees.
Gifts in Someone's Honor
Gifts can be made in honor of a special friend, professor, coach, or family member.
Four-Year Pledge Opportunities
We can make multi-year pledges of up to four years, the first payment being due during senior year. Each year more than one third of all Senior Pledge donors elect to make a multi-year pledge, confirming our support of the Colby Fund over the next several years. There are several suggested giving levels outlined on the pledge card, but donors can make commitments of any amount.
Scheduled Pledge Payments
Because the College recognizes that individual financial circumstances vary, it is important to know that payments can be made in various installments. We can elect for Colby automatically to make credit card charges or to send scheduled payment reminders.