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Duke University Tuition & Cost Guide


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Cost to Attend

Costs

$66,739

All Residents

  • Tuition: $47,650
  • Room and Board:$14,032
  • Books and Supplies: $1,260
  • Other Fees: $1,591

*All tuition data is sourced from the 2015/2016 U.S. Department of Education National Center for Education Statistics survey.

Annual Prices

The annual list price to attend Duke University on a full time basis for 2015/2016 is $66,739 for all students regardless of their residency. This fee is comprised of $47,650 for tuition, $14,032 room and board, $1,260 for books and supplies and $1,591 for other fees.



Financial Aid and Student Loans - What does it really cost to attend?

The average reported annual net price for Duke University for students receiving grants or scholarship aid was $21,764 in 2014/2015.

Aid Amount Percent Receiving Aid
Average Annual Total Grant Aid $39,984 45%
Average Pell Grant $4,242 13%
Average Annual Federal Student Loan $4,742 30%

To gauge a more realistic picture of what it may really cost you out of pocket to go to Duke University, we've modeled a ten year student loan with an original principal value of $91,516. The loan balance of $91,516 is a four year multiple of the $22,879 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $956 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $91,516
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $955.53
Total Interest Paid $23,147.77
Sum of All Loan Payments $114,663.77

Projected 4 Year Degree Price

Based on published tuition prices, we estimate the current published cost of a 4 year bachelor's degree at Duke University to be $266,956 - assuming graduation in normal time. Our estimation assumes a 4.3% annual increase over the next 4 years which has been the recent trend for this school.

Year 1 Year 2 Year 3 Year 4
All Residents $66,739 $69,605 $72,594 $75,711

Per Credit Hour and Per Class Prices

We estimate the cost for a class at Duke University as follows based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Duke University versus other colleges.

Cost Per Credit Hour Cost Per Class (3 credit hr) Cost Per Class (4 credit hr)
All Residents $1,489 $4,467 $5,956

Historical Tuition Prices

The cost to attend college is continually rising. The table below will provide perspective as to the historical tuition increases reported for Duke University and what it has cost to attend in past years.

North Carolina Resident Out of State Annual Percent Change
2010 $38,741 $38,741 3.9%
2009 $37,295 $37,295 5%
2008 $35,512 $35,512 4.6%
2007 $33,963 $33,963 4.8%
2006 $32,409 $32,409 5.5%
2005 $30,720 $30,720 4.7%
2004 $29,345 $29,345 5.4%
2003 $27,844 $27,844 4%
2002 $26,768 $26,768 4.4%
2001 $25,630 $25,630 3.6%
2000 $24,751 $24,751 3.7%
1999 $23,864 $23,864 7.6%
1998 $22,173 $22,173 5.5%
1997 $21,024 $21,024 5.1%
1996 $19,996 $19,996 4.8%
1995 $19,078 $19,078 11.2%
1994 $17,163 $17,163 5.7%
1993 $16,236 $16,236 7.5%
1992 $15,102 $15,102 6.8%
1991 $14,147 $14,146 7.6%
1990 $13,148 $13,148 20.4%
1989 $10,918 $10,918 9.2%
1988 $10,000 $9,984 8.9%
1987 $9,180 $9,180 0%

Tuition Payments

Tuition Payment Plan No
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=198419 IPEDS survey data for Duke University.




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