Thomas College (Waterville, ME) — Cost, Earnings & Admissions

Stats

College Scorecard figures, each with where this school sits nationally among institutions that report the same measure. A dash means the school does not report it.

Cost

Average net price: $19,2231,011th cheapest of 1,985 reporting
In-state tuition & fees: $30,8961,367th cheapest of 2,042 reporting
Out-of-state tuition & fees: $30,8961,285th cheapest of 2,042 reporting
Cost of attendance: $43,7571,305th cheapest of 1,985 reporting
Median graduate debt: $24,2501,163rd lowest of 1,880 reporting

Outcomes

Median earnings, 10 years after entry: $44,9911,360th highest of 1,969 reporting
Median earnings, 6 years after entry: $40,4951,197th highest of 1,964 reporting
Graduation rate (4-year): 51.4%1,101st highest of 2,031 reporting
Full-time retention: 79.1%721st highest of 1,853 reporting

Admissions

Acceptance rate: 97.1%1,474th most selective of 1,608 reporting
Average SAT: —
Median ACT: —

Campus

Undergraduates: 6881,575th largest of 2,162 reporting
Student-faculty ratio: 23.0:12,024th smallest of 2,159 reporting
Pell Grant share: 15.3%1,919th highest of 2,140 reporting

Nearest large-hub airport: 164 mi (BOS)

On 1 of our 111 lists

Every published ranking this school appears on, with its rank there.

Most Selective Colleges in Maine#11

Applying

Common App member: Yes
Application fee: Free
Personal essay: Optional / not required
Writing supplement: No

Deadlines and essay flags come from the Common App Requirements Grid, joined by school name. Always confirm against the school’s own admissions page before applying.

Best-paying fields of study

Median earnings one and two years after graduating, by field. Showing 12 of 22 reported programs.

Field	Level	1 yr	2 yr
Criminal Justice and CorrectionsHomeland Security & Law Enforcement	bachelors	$35,060	—
Accounting and Related ServicesBusiness	bachelors	—	—
Business Administration, Management and OperationsBusiness	bachelors	—	—
Clinical, Counseling and Applied PsychologyPsychology	bachelors	—	—
Computer Science	bachelors	—	—
Computer and Information Sciences, GeneralComputer Science	bachelors	—	—
Computer/Information Technology Administration and ManagementComputer Science	bachelors	—	—
English Language and Literature, GeneralEnglish Language & Literature	bachelors	—	—
Entrepreneurial and Small Business OperationsBusiness	bachelors	—	—
Finance and Financial Management ServicesBusiness	bachelors	—	—
Health and Physical Education/FitnessParks, Recreation & Fitness	bachelors	—	—
Hospitality Administration/ManagementBusiness	bachelors	—	—

Campus facts

Founded in 1894source
Competes in NCAA Division IIIsource
School colors: Red and Blacksource
Mascot: Tommy the Terriersource
Motto: "Those we Serve are the Foundation of Our Future"source
Formerly known as "{{collapsible list |"source
Formerly known as "* Keist Business College"source
Formerly known as "(1894–1896)"source
Formerly known as "* Morgan Business College"source
Formerly known as "(1896–1911)"source
Formerly known as "* Morgan-Thomas Business College"source
Formerly known as "(1911–1950)"source
Formerly known as "* Thomas Junior College"source
Formerly known as "(1950–1962)"source
Formerly known as "}}"source
Athletic conference: NACsource
Notable alum: Paul LePagesource

Athletics — 14 sports

NCAA Division III without football · NCAA Division III

Athletic scholarships not allowed · Athletic aid $107,500 (M $0 · W $0 · Coed $107,500)

Self-reported EADA participants (2024-2025). Athletic aid is institution-level, not per sport. Athletic scholarships are not allowed by association rule; non-athletic merit or need-based aid may still be available.