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Duke University

For students with parent incomes below $40,000, after the student portion of the EFC is covered, the university covers the entire remaining budget with work-study and grant aid.
For students with parent incomes below $40,000. . .   2009-10 Estimated Student Budget
  After the student portion of the EFC is covered, the university assures enough work-study and grant aid to cover these expenses
Tuition & Fees $39,080
Books & Supplies $1,230
Room & Board $11,170
Transportation & Personal Expenses $1,910
Total Expenses:     $53,390   


For all other students, after any EFC is covered and the student takes up to $5,000 in loans, the university covers the entire remaining budget with work-study and grant aid.

For all other students. . .   2009-10 Estimated Student Budget
  After the family covers any EFC and the student takes up to $5,000 in loans, the university assures enough work-study and grant aid to cover these expenses
Tuition & Fees $39,080
Books & Supplies $1,230
Room & Board $11,170
Transportation & Personal Expenses $1,910
Total Expenses:    $53,390   

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 parent contribution is waived for parents with less than $60,000 in combined income. The EFC includes an estimated $1,900 student contribution.

How much academic year work and/or need-based loans are included?
$1,800 in work-study.
For students with less than $40,000 in family income, no loans. For students with family income between $40,000 and $100,000, $0 to $5,000 in loans, depending on income. For students with family income above $100,000, $5,000 in loans.


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

How are outside scholarships handled?
Outside scholarships reduce loans, then work-study, and then grants.

For more information:
Duke Financial Aid Initiative

About the Institution (2007-08):

    Location: Durham, NC
    Type: Private 4-year
    Undergraduate enrollment: 7,458
    Pell Grant recipients (a measure of low-income enrollment): 10%
    Proportion of graduating seniors with student debt: 41%
    Average debt: $24,205

Glossary

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