A Few Question on Financial Aid

Colleges and Universities A-Z Duke University
1

My father owns a (very) small business (he is the sole owner/employee), and we are on the low income/moderately high assets end of the spectrum. How are business losses factored into the aid package? I read somewhere that they are added back into the family’s income, but that doesn’t make sense to me. Also, I read that your aid package is primarily income driven – is that true as well? I’m also curious to hear how accurate Duke’s net price calculator is; I entered all the information straight off of my CSS profile and was pretty pleased with the estimate (it was very fair and affordable for my family).

Thanks for your input!

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Duke’s NPC generally is quite accurate, if the data provide is correct and comprehensive. Regarding your initial question re business losses, you might receive better answers by posting it in the FA&S Forum.

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Okay, thank you!

4

starflake, wait for the FA package. As the NPC states: “If you are a business owner, non-citizen, or have foreign income, this calculator may not provide you with accurate results.”

While the NPC is generally accurate, the calculator is not designed to handle business owners, even small ones. https://npc.collegeboard.org/student/app/duke

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