Durham, North Carolina
Private
Admissions Policies
Deposit & decision deadline (class of 2024)
May 1
Test-optional admissions ('20-'21)
Yes
Duke has made a commitment to ensure that all admitted students are able to pay for their education using a need-blind approach to admissions. Students can also use the Estimate Your Aid tool to help get an idea of the cost of their future education and potential financial aid.
If you want to be considered for all of the possible financial assistance at Duke, you must fill out the FAFSA and the CSS profile. You will then be considered for need-based scholarships and grants. Grants will include state, federal, and university-based ones. You can also qualify for
federal student loans and/or federal parent loans if you need additional help paying for school. All students at Duke who are qualified for financial aid will receive the opportunity of using the federal work study (FWS) program. There are many options on and off-campus of FWS opportunities.
Students wishing to pursue their education throughout the summer months may be eligible for summer school aid. Additionally, veteran benefits and programs are available to veteran students are available to help navigate the financial aid world and transition to school. Duke provides resources for undocumented students, as well.
You may also search for outside scholarships to help supplement your educational costs.
Tuition benefits are available for eligible Duke employees and their dependents to help subsidize costs. Students can also apply for resident assistant programs which provide the opportunity to exchange work for college expenses by providing residential services to college students living in the dorms
Students can find answers to commonly asked questions here!
About Personal Finance @ Duke
Personal Finance @ Duke is a financial literacy program that aims to empower students and alumni to make informed financial decisions. The program began in 2011 as a website dedicated to teaching students about personal finance so that they can make better money decisions and master finances early. Today, Personal Finance @ Duke is a nationally ranked financial literacy program that offers both online resources and in-person events and workshops on campus.
Personal Finance @ Duke offers step-by-step online guides outlining the basics of budgeting, savings, credit, taxes, privacy and security, and banking. Each section breaks down the topic, answers important questions students may have, and directs them to additional resources that may aid in their financial success, such as financial calculators and additional articles. After students gain an understanding of the basics, they have the ability to learn about more advanced topics such as purchasing a car or insurance.
Duke recently formed a partnership with iGrad, the leading financial wellness education company, to offer an interactive financial literacy platform to students and alumni in addition to their Personal Finance @ Duke programming. iGrad can help students create a spending plan, select the right bank, and start to save for the future.
The total cost of attendance includes tuition and fees, books and supplies, and living expenses.
Tuition (in-state)
$58,031
Tuition (out-of-state)
$58,031
Room and board
$17,000
Books and supplies
$1,434
Fees
$0
Other
$2,766
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 100 % of student's demonstrated need.
The average Duke University merit scholarship for students without financial need
of Duke University students without financial need receive a merit scholarship
Duke University offers very few merit scholarships to its incoming freshman. Most of Duke's scholarships are awarded on the basis of financial need. The small number of merit-based scholarship opportunities are awarded to incoming freshman. They are highly selective, awarded through the admissions process, and no additional application is needed.
The few merit-based scholarships that are available to incoming freshman include:
Very few students pay the full price. Here's the average cost for students in different income brackets:
Resources
Endowment (2019)
$8,609,003,973
Endowment per enrolled student (FTE)
$517,710
Share of Students Studying Online (Graduate and Undergraduate)
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is lower than the national average 31.0%
Relative to the market of potential students
Underrepresented
Black
Hispanic
White
Representative
Native American
Hawaiian
Multi-racial
Overrepresented
Asian
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
After graduation, here's how the average salary of a Duke University graduate grows over time:
SAT range:
1450 - 1570
ACT range:
33 - 35
Application fee:
$85
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The data and analysis above is sourced from the following reliable third party sources:
For more information, visit our Data page.
Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.