Student Loans for Duke Students
About Duke University
Founded in 1838, Duke University is a renowned educational institution that has several top undergraduate and graduate programs. Pursuing a degree from Duke can be a great stepping stone in helping you find a rewarding and successful career. The university currently enriches the lives of more than 6,526 undergraduates and 8,220 graduate and professional students, and provides them with a great experience which is vital for their educational and professional success.
About Financial Aid
Many students at Duke are receiving financial aid for their tuition, study material, accommodation, and other expenses that they cannot manage on their own. If you need financial help, then you may benefit from a Duke financial aid package, as it will help you pay for school. A large percentage of students are able to get financial aid in one form or another you can be lucky too! To apply for any financial aid package, you need to complete the Free Application for Federal Student Aid (FAFSA) and submit it on time. It is available online at fafsa.ed.gov. If you fail to submit the application on time then you could lose out on several Duke University financial aid options.
Financial Aid Packages
There are several financial aid choices at Duke. For example, two financial aid options available are federal grants and a work-study program. Grants and scholarships should always be your first option because you generally do not have to pay these back. You can also receive low interest federal student loans. They have flexible repayment plans that help make repaying the loan easier. Merit scholarships, athletic scholarships, and outside scholarships are included in the Duke financial aid as well.
Private student loans are another option for you if you still have additional financial need; however, these loans should only be considered after you have exhausted all other forms of financial aid. These loans are helpful to fill the gap between your remaining financial need and what you receive via Duke financial aid packages. Try our Student Loan Comparison Tool to help you find the best option; it is a simple and effective tool to evaluate your private student loan options.
Duke University offers a range of scholarship options. These options are either merit-based or need-based. Here’s a list of a few: Karsh International Scholars, Alumni Endowed Scholars, University Scholars Program, Robertson Scholars Program, North Carolina Writing Scholarship, and Carolina Honors Scholarship.
Pay for Duke University*
|Total Avg. Cost||$55,150|
|Room & Board||$11,622|
|Financial Aid Information|
|Students Receiving Fin Aid||63%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$4,755|
|%Receiving Other Loans||2%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics