<p>How is everyone affording Duke? I haven't gotten my financial aid package yet b/c they never received my parents' w-2s. Are they generous? What are ways to make Duke more affordable b/c I really don't wanna take out loans...</p>
<p>I have no idea, but I was wondering if anyone knows how the Duke FA appeals process works…</p>
<p>Duke’s financial aid initiatives are supposedly on par with most of the Ivy League and other top tiered schools. As for affordability, most students pay through a combination (largest to smallest) of family contribution, grants, loans, and work study. Without knowing your income bracket or familial situation, I can’t really specify beyond that. Try using Duke’s financial aid calculator, though. It’s pretty accurate.</p>
<p>HEY,
I am an international applicant and have been admitted to Duke this year. However, i am yet to receive my financial aid package as well since the aid office haven’t received my parent’s tax documents yet. I was just wondering whether i qualify for full need if my parents’ income is below $30,000 per year. Also, i am going to be a recipient of the Karsh scholarship which promises to meet in full my institutionally determined need. The EFC is put in the CSS profile was $9000 which i said my parents could meet through some assets. </p>
<p>I guess what i would like to know is what my instituitionally determined need will be equal to??? Can any og u guys give me an estimate?</p>
<p>One place that you guys could look into is Duke’s financial aid calculator. The link is below:
<a href=“Net Price Calculator”>Net Price Calculator;
I think the general rule of thumb is that if your family makes less than 60k, you won’t have to pay anything, whereas if your family makes less than 100k, your tuition will be covered.</p>
<p>^^ Secret100
That sounds like Stanford’s policy. I did not know Duke was this generous. Are you sure about this?</p>
<p>I’m pretty sure I read about this somewhere, or one of the financial aid officers told me about this. But even still, if you look at the average financial aid award to students for the class of 2014, between 0-60k family income, roughly 51-52k of the annual cost was covered, while between 60k-100k family income, roughly between 41-45k of the annual cost was covered. These would cover the total cost, and the tuition respectively.
[Duke</a> Financial Aid: Award Statistics](<a href=“http://dukefinancialaid.duke.edu/undergraduate/stats/index.html]Duke”>http://dukefinancialaid.duke.edu/undergraduate/stats/index.html)</p>
<p>Wow, that’s optimistic! The Duke financial calculator did not look that good for me.</p>
<p>How generous was Duke for you guys? I got basically nothing, and when I talked to a financial aid officer she essentially told me that if I have to take on that much debt, I should consider another school.
Ouch.</p>
<p>^ Duke wasn’t very generous to me either. Our parents make a fair amount of money and I’m an only child. We also like to hoard money (which in retrospect, they realized was a bad decision). Our EFC was slightly more than $40,000, so we were expecting about 20k in aid (which was what the aid calculator told us too).</p>
<p>They only offered the usual Stafford loan and a small work study grant. I guess Duke doesn’t really like the upper middle class.</p>
<p>Cornell gave me 15K more in aid than Duke. I like both schools, but I just visited Duke and really loved it. My family’s appealing, but if nothing changes, then the cost is going to be an even bigger factor in the decision.</p>
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<p>My d graduated last year; happened to find the title of this thread interesting. She was offered much better packages from Davidson & Wake Forest. Duke never came through during the 4 years with much financial aid. Perhaps if your household income is under $100K, but over, our experience was not much was given. Perhaps why she ended up rather bitter about Coach K’s urgings to support the bb team who were all on full rides…</p>
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Duke should match Cornell’s FA package since they are peer schools. Call up the Financial Aid office and tell them what Cornell offered you.</p>
<p>I did appeal (and did what goldenboy said) and Duke matched Cornell’s offer plus a little bit more. Still, I’m leaning towards Cornell and hopefully they’ll match Duke’s new offer.</p>
<p>Wait, I thought you liked Duke more, why are you leaning towards Cornell now?</p>
<p>I’m planning on majoring in engineering, but I’m still undecided as to what specific type. Cornell has more options. (Also the food is better, but that’s not a huge factor haha)</p>
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