So let’s add to the picture some additional and useful information that describes Colgate today:
1- Colgate had 11 Pell grants in 2012-2014 according to this article while F&M had 17 and HC had 16.
http://www.nytimes.com/interactive/2014/09/09/upshot/09up-college-access-index.html
Colgate’s endowment per student is $260,000 while that of F&M is $120,000 and that of HC is $210,000.
My take is that Colgate had fewer Pells and that its larger endowment permits more flexibility in its financing of its priorities including that of financial aid. (I take pride in particular in this year’s construction of a new athletic center and a new career services center for $49 million and the 2016 construction of a new arts center for $21 million as principally donor-funded projects).
2- Colgate has demonstrated it manages its resources dedicated to financial aid well.
The 2015 Kiplinger’s Best Values College guide shows that Colgate is ranked no. 19 with average debt at graduation of $18,719. HC is ranked at no. 45 with debt at $30,880 and F&M was ranked at 101 (although subsequent reporting might take it into the top 50) with debt at $29,078.
http://www.kiplinger.com/tool/college/T014-S001-kiplinger-s-best-values-in-private-colleges/index.php?table=all
By the way, the oft-repeated remark “…meets 100% demonstrated financial aid” means little-to-nothing in the context of marketing a college’s likely commitment to a particular applicant’s need relative to what another college will do.
3- About Greek life at Colgate, there was a drop off this past academic year with the suspension of one fraternity that brings the number down to 5. There are 3 sororities. It is fair to say that Greek life enriches the campus scene as another social and residential outlet for students, and that they do perform good works for charity etc.
4- Colgate was ranked #10 party school. # 1 was Bucknell and last year # 1 was Syracuse. If you can tolerate
the work hard/play hard stereotype and/or maybe choose to make your own lifestyle choices you will be fine.
5- What is there to say about the 40% of aided freshmen and 74% of white student body? Nothing, in my view. Apart from the fact that these statistics and reports show how Colgate, an elite LAC, one of the most beautiful campuses in the country, in rural central NY state has the resources to deliver a superb education. So of course it is attractive to full pays! And no, rural NY is not a “wealthy area” or in New England. But it compares favorably as a top 25 USN&WR college uniquely and on its own terms - for those fortunate enough to find their way there and enroll.
Go 'gate!