by our College Data Analytics TeamThe majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Duke University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does Duke offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Duke University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Duke University, 58% of entering full-time freshmen got some type of financial assistance around 1012 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $65,522 |
| Institutional grants & scholarships | 43% | $62,691 |
| Federal Pell grants | 17% | $5,832 |
| State/local grants | 3% | $6,308 |
| Federal student loans | 13% | $4,387 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 53% of undergraduate students received gift aid averaging $56,560 (across roughly 3465 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $56,560 |
| Federal Pell grants | 14% | $5,798 |
| Federal student loans | 14% | $4,972 |
For students living on campus and receiving title-IV aid, grants averaged $57,460.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,886 |
| $30,001 – $75,000 | $4,531 |
| Over $75,000 | $48,197 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,612 |
| Off-campus title-IV students | $34,454 |
To get a personalized net price estimate, try Duke’s online cost calculator: npc.collegeboard.org/student/app/duke.
The middle student in the debt distribution at Duke owes $12,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Duke.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,750 |
| 75th percentile | $19,500 |
| 90th percentile (highest-debt students) | $26,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,500 |
| Middle income | $10,596 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,125 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,885 |
| Independent students | $18,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Duke.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Duke:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23339 |
| Total Stafford loan amount | $742,398,746 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 283 |
| Total GI Bill amount | $3,745,795 |
| Average GI Bill amount per recipient | $13,236 |
References
More about our data sources and methodologies.