Colby College: Will Colby approve replacement students to preserve a landlord's expected lease income?

DIRECT ANSWER

School/campus-specific source-backed educational information. Undated source statements require reconfirmation before a transaction. No current property inventory, individual housing approval, underwriting or publication approval asserted. Source effective period: Academic year2026–2027 process as published.

The guidance says the College is not obligated to approve additional off-campus students to support existing leases' financial commitments.