Duke University announced it would offer full-tuition grants for students based on family income.
Duke University has announced that it will offer full tuition for undergraduate students whose family income is below $150,000 annually. This new program will begin in the fall 2023 semester. Additionally, for undergraduate students who reside in Carolina with an annual income of $65,000 or less, the university will cover their full tuition along with other expenses such as; financial assistance for housing, meals, and some costs for different materials. According to President Vincent Price, Duke will ensure students in Carolina have equitable access to Duke University, allowing them to secure education without worrying about financial status.
This program will make the “campus community stronger.” The university has estimated 340 undergraduate students to benefit from this program. This includes qualified first-year students, sophomores, juniors, and seniors. The eligible recipients will receive additional financial assistance. Those students from military families who qualify for the requirements and whose legal residence is in Carlina will also expect a full-tuition cover and other expenses. Price added, “We want families to know that a Duke education can be affordable.” For the school year 2022-2023, 1,131 North Carolina residents were enrolled in Duke University, and about 16% were undergraduates from South Carolina.
In published news in Forbes, the total amount to be received by the students will be covered for the tuition of $64,450in the academic year 2023-24. Other expenditures will protect federal, state, and institutional support and other sources. The Duke anticipates an additional $6 million to $7 million for different students to enroll in Duke. They also expect more students to enroll in the university.