Poly(ethylene oxide) (PEO) adsorption on colloidal silica particles was studied by small-angle. neutron scattering under the core-contrast-matching condition. The volume fraction profile of the adsorbed layer was derived by modeling the average layer scattering term. It was found that, with increasing colloid concentration, the adsorbed PEO layers collapse due to the repulsions between adsorbed layers on neighboring particles. At the same time, the correlation length in the adsorbed layer obtained by fitting the layer fluctuation scattering term was found to decrease, indicating that denser polymer layers are formed. These two observations are self-consistent.