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Thomas College

Waterville, Maine 04901-5097

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Data last updated: May 29, 2026

Campus Vibe

Business-focusedTight-knitCollege town

Known for business — close-knit campus

Thomas College is a private institution in Waterville with particular strength in business and psychology.

A small campus of 688 undergraduates with a 23:1 student-faculty ratio. The town location creates a classic college-town feel.

51% of students graduate within four years, and graduates earn a median of $44,991 a decade after enrollment. Net price after aid averages $19,223.

Established
1894
Motto
Those we Serve are the Foundation of Our Future
Mascot
Tommy the Terrier
Type
Private college

Campus Visits

108 upcoming visits · Next: Fri, May 29 · Campus Visit

Plan Your Visit

Admission Office

180 West River Road, Waterville, ME 04901

(207) 859-1101[email protected]
97%Acceptance
SAT Avg
688Students
23:1Student:Faculty
51%Grad Rate
$44,991Earnings 10yr
$19,223Net Price

Admissions

Acceptance Rate97.1%

Source: U.S. Department of Education College Scorecard / IPEDS.

Admissions

Test-RequiredTracks InterestOn-Campus Interviews

Application Platforms

Common ApplicationDirect Application

Early Action

December 1

Regular Decision

Rolling

Financial Aid

Merit Scholarships

Cost & Financial Aid

Sticker Price

Tuition$30,896
Room & Board$13,678
Books & Supplies$800
Total Cost of Attendance$43,757
Average Net Price$19,223
Median Debt at Graduation$24,250
Monthly Payment (10yr)$257

Net Price by Family Income

$0–30K$14,911
$30–48K$14,423
$48–75K$16,595
$75–110K$20,590
$110K+$24,441

Source: U.S. Department of Education College Scorecard. Net price reflects most recent cohort of federally-aided undergraduates.

Debt & Aid Detail

Net Price Trend

Tuition Trend

Graduate w/ Zero Debt

66.0%

Avg Tuition Increase

3.4%/yr

Median Debt at Grad

$20,000

Campus Safety

Total Incidents (2024)

4

Peer Average

3

3-Year Trend

Emergency System

Campus security, emergency notification system

Incident Breakdown (2024)

1

Burglary

0

Aggravated Assault

0

Robbery

0

Motor Vehicle Theft

1

Sex Offenses

0

Arson

1

Drug Arrests

1

Liquor Arrests

Source: U.S. Department of Education Campus Safety & Security data (Clery Act, 2024 reporting year).

Academics

Semester
Majors
25
Avg class size
15
Student-faculty ratio
15:1

Programs (35)

Student Life

Student Satisfaction

Retention Rate

79%

Mixed

Campus Life

NCAA Division IIINorth Atlantic ConferenceGreek Life

Housing & Residential Life

Guaranteed for all four years

Housing Styles

Traditional residence hallsSuite-styleTownhouses

Dining

Student Body

Undergrads
688
Gender Split
49% / 51%
Women / Men
First Generation
38%
Pell Grant Recipients
15%

Race & Ethnicity

White 78%
Black 6%
Hispanic 2%
Asian 1%
Two+ 3%
Int'l 5%

Outcomes

4-Year Graduation Rate51.4%
Freshman Retention79.1%

Median Earnings After Graduation

6 Years$40,495
10 Years$44,991

Source: U.S. Department of Education College Scorecard. Earnings reflect federally-aided students 6 and 10 years after entry.

More About This School

History & Fun Facts

  • History Keist Business College was established in 1894 when it was founded as a nonsectarian, co-educational college dedicated to career training.
  • In 1911, a Peterborough, New Hampshire, railroad administrator, John L.
  • In 1950, the college was renamed Thomas Junior College and in 1956, the college moved from Main Street to the former home of John Ware on Silver Street.

Source: Wikipedia

Location & Lifestyle

Cost of Living

98Average

Estimated from ME state average

Climate (School Year)

Snowfall: 60"Sunny days: 200Rainy days: 125

Nearest Cities

Bostonpop. 675K
165 mi(286 min)
New Yorkpop. 8.3M
344 mi(596 min)
Philadelphiapop. 1.6M
423 mi(733 min)

Getting There

Nearest Airports

PWM Portland Jetport69 mi
MHT Manchester-Boston141 mi
BOS Boston Logan164 mi

Distance to Cities

Boston, MA165 mi · ~4h 46m drive
New York, NY344 mi · ~9h 56m drive
Hartford, CT244 mi · ~7h 3m drive
Providence, RI206 mi · ~5h 57m drive
Albany, NY242 mi · ~6h 59m drive
Syracuse, NY339 mi · ~9h 48m drive
Rochester, NY407 mi · ~11h 45m drive
Buffalo, NY474 mi · ~13h 42m drive
Philadelphia, PA423 mi · ~12h 13m drive
Pittsburgh, PA597 mi · ~17h 15m drive
Harrisburg, PA471 mi · ~13h 36m drive
Newark, NJ348 mi · ~10h 3m drive
Trenton, NJ395 mi · ~11h 25m drive
Northern (cold winters, cool summers)

Visit Planning

Nearby Attractions

Downtown Watervillewalkable

Revitalized downtown with restaurants, shops, and cultural venues

Colby College Museum of Art

Art museum with renowned collection

Kennebec River Rail Trailwalkable

Scenic walking and biking trail along the river

Quarry Road Trails

Extensive network of hiking and mountain biking trails

Transfer Admission

International Students

Deadline Calendar

Thomas College Application Checklist

Decision Notifications