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Davidson College

For all students, after the family covers any EFC, the program covers the remaining student budget with work-study and grant aid.
For all students. . .   2009-10 Estimated Student Budget
  After the family covers EFC, the college assures enough work-study and grant aid to cover these expenses
Tuition & Fees $35,124
Books & Supplies $1,000
Room & Board $9,906
Transportation & Personal Expenses $1,370
Total Expenses:     $47,400   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
All students.

How is EFC determined and used?
Institutional Methodology. The family is expected to cover the EFC, with a minimum student contribution of $2,000.

How much academic year work and/or need-based loans are included?
No loans and $2,100 in work-study.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Outside scholarships generally reduce the work expectation before reducing institutional grant aid.

For more information:
Need-Based Aid
Expanding the Definition of "Possible"


About the Institution (2007-08):

    Location: Davidson, NC
    Type: Private 4-year
    Undergraduate enrollment: 1,812
    Pell Grant recipients (a measure of low-income enrollment): 6%
    Proportion of graduating seniors with student debt: 33%
    Average debt: $25,025

Glossary

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