Understanding Duke University's Financial Aid
The amount of financial aid, scholarships, grants, and more vary person to person. Using the information below, you can better understand how much tuition assistance you'll receive from Duke based on income and merit.
How Much Financial Aid is Available?
Duke University's average financial aid package for incoming freshmen is $45,979. Approximately 45.0% of incoming students receive some form of financial assistance, the majority of which is in the form of scholarships and grants.
Financial aid helps reduce the cost, or the 'sticker' price of the college. However, be aware that the only true discounts off the cost of college are in the form of grants and scholarships.
We feel that loan debt should be thought of as an "outcome" rather than as "aid" or a "discount". Read more about student loan debt at Duke.
How Much Duke Aid is Available That I Don't Have to Pay Back?
The following numbers apply to scholarships and grants primarily provided by the college itself.
44.0% of incoming freshmen (754 total) were awarded scholarships at Duke University, averaging $38,261 a piece. This ranks in the top 20th percentile of all colleges nationwide.In addition to scholarships, 13.0% of freshmen (233 total) were awarded federal grant aid, averaging $7,225 each.
The chart below shows the average amount of scholarship and grant aid distributed to all freshmen.
Grants are typically need-based while scholarships are merit-based.
Financial Aid by Income Level
The table below shows grant and scholarship distributions by income level for freshman students receiving any form of federally-funded Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||13.2%||$19,855|
The table above shows students who are receiving Title IV aid which is federal aid from the government in the form of loans, grants or work study. Learn more.
Scholarships & Grants for All Undergraduate Students Average $42,719
Of the 6,646 undergraduate students at Duke University about 48.0% (3,164 total) get some form of grant aid. The average amount awarded was $42,719.
Financial Aid Information at Duke University
|Financial Aid Department Website||www.finaid.duke.edu|
|Net Price Calculator||https://npc.collegeboard.org/student/app/duke|