How Many Students Receive Financial Assistance?
Duke University's normal financial aid package for incoming first years is $57,263. Approximately 49.0% of freshman students receive financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps decrease the expense, or the full retail price of the institution. However, bear in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be included in a financial aid package? See the average amount of debt per student at Duke.
Number of Duke Grants & Scholarships
The stats below refer to aid which is supplied by Duke University.
47.0% of incoming freshmen (822 total) were given scholarships at Duke University, averaging $50,659 a piece. This puts it in the top 20th percentile of all colleges in the nation.
As well as scholarships, 12.0% of freshman students (207 total) obtained federal grant aid, for about $6,616 a piece.
Check out the typical volume of grants and scholarships freshmen get by looking at the graph below.
Grants are typically need-based while scholarships are merit-based.
How Family Income Affects Financial Aid
Discover how much grant and scholarship assistance you may plan to receive based on your income level. The table below displays freshmen receiving federal Title IV aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 2.4% | $82,913 |
| Income 30k-48k | 3.6% | $76,419 |
| Income 48k-75k | 4.8% | $70,955 |
| Income 75k-110k | 4.7% | $56,730 |
| Income 110k + | 15.4% | $26,425 |
The chart above displays students who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
$49,026 is the Standard Amount an Undergrad Receives in Scholarships or Grants
Of the 6,682 undergraduates at Duke University about 58.0% (3,887 in total) obtain some form of grant aid. The standard amount granted was $49,026.
Go to the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Duke University Financial Aid Information
| Financial Aid Department Website | www.finaid.duke.edu |
| Net Price Calculator | https://npc.collegeboard.org/student/app/duke |
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