One of the most selective colleges in the South, Duke accepted only 4.8% of regular-decision applicants in 2023.
Though a major research institution, Duke offers its nearly 7,000 undergrads an extraordinary amount of direct interaction with professors. The student-faculty ratio – 6:1 – is one of the lowest in Money's ratings, and more than half of students work on research projects with faculty members. The most popular majors include computer science, economics and public policy.
Many professors are at the top of their fields, including Nobel-winning chemist Robert Lefkowitz, African and African American Studies chair Mark Anthony Neal, and — we are not making this up — scientists who spent several years developing an invisibility cloak. (To be fair, scientists at the universities of Rochester and Central Florida have also contributed to the advancement of the science behind invisibility cloaks.)
All of these advantages are wrapped in quintessential collegiate trappings. Duke's towering architecture has earned its almost 9,000-acre campus in Durham, North Carolina, the nickname "Gothic Wonderland." Undergrad social life, meanwhile, tends to revolve around fraternities and athletics. As any sports fan knows, the Blue Devils men's basketball team is a perennial winner with a passionate national following.
Students from Duke, which has a 94% graduation rate, also tend to do well outside academia: Students go on to earn median salaries of $97,400 annually, according to the federal College Scorecard.
Duke University tuition and fees
Estimated cost and due date
Tuition and fees at Duke University come to a total of $63,450. You’ll also need to factor in room and board, books, and living expenses while enrolled.
The due date for Fall is August 01, 2023, but it's always a good idea to check the university's official calendar or your student portal for any changes. Late payments may incur extra fees.
Feeling overwhelmed by the cost? That’s understandable — college can be expensive, but there are a variety of financial aid sources you can access, including student loans, grants, and scholarships. Here's a brief overview of the available options; for a more comprehensive step-by-step, read our How to Pay for College guide.
Exploring financial aid options at Duke University
Scholarships and grants
The typical grant aid for undergraduates at Duke University is $46,726, which is composed of awards from federal, state, local and college programs. A popular source of college aid is the federal Pell Grant, which is given to students with lower incomes. Approximately 13% of Duke University students receive a Pell Grant. To be eligible for Pell Grants and other types of financial aid, you must fill out the FAFSA.
Most states have programs to assist students with college expenses. Generally, these awards are only available to those living in the state and attending a college there, but it's worth looking into the eligibility requirements of your home state. For example, North Carolina residents are eligible for the North Carolina Education Lottery Scholarship (ELS) and other programs.
University scholarships, aka institutional aid
At Duke University, 46% of freshmen receive an average scholarship of $48,634 from the institution. This type of financial aid is divided into two categories: need-based aid, which is based on one's financial situation, and merit-based aid, which is awarded for academic achievement, artistic talent, leadership qualities and more.
Don't neglect to hunt down other external scholarships too. A great many local associations have money available to support understudies with college costs, and there are some scholarships with no due date so you can get support even after enrolling. For more information about various types of gift aid, look at our exemplary guide on college grants and scholarships.
Federal student loans
Federal student loans are a widely used source of borrowing for higher education costs. Such loans are funded by the government and are characterized by competitively low-interest rates along with different kinds of payment plans.
Private student loans
Private student loans are an alternate choice. Banks and credit unions are some of the private lenders that offer them. They can be used to cover the costs not taken care of by federal loans, but they usually have higher interest rates and less flexible repayment plans.
How to pay tuition bills at Duke University
If you are awarded a loan, grant or scholarship, the funds will usually be sent directly to the university. You will need to cover any remaining balance. You can pay your tuition fees online at https://www.duke.edu/.
The data included in this page contains data published in university sites, government public records and other vetted sources as of June 23, 2023. Be advised to validate this information with the university registrar or financial office.
This content was created with the assistance of AI technology and has been reviewed, edited and fact-checked by Money's editorial staff.