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Financial Aid

Davidson's College Match Scholarship Package Details

These numbers are based on costs for the 2012-2013 school year. Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase.


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Glossary of terms appearing in scholarship package details

 

Annual Cost of Attendance
Total $54,805 to $55,080
Tuition and Fees $40,809
Room & Board $11,346
Books & Supplies $1,000
Travel $175 to $450
Personal $1,325
Orientation Fee $150

 

How Costs Are Covered (Annually)
Total $54,805 to $55,080
Grants and Scholarships $50,705 to $50,980
Work-Study $2,100
Parental Contribution $0
Student Summer Work Contribution $2,000
Student Savings $0
Student Loan $0

 

Policy Regarding Outside scholarships
Outside scholarships will reduce or replace a student's work-study amount. Outside scholarships in excess of $2,100 will first eliminate the work-study expectation and the amount in excess of $2,100 will then reduce the amount of Davidson College grant on a dollar-for-dollar basis.

Policy on Health Insurance
Davidson requires all students to have personal health insurance. Students not covered by a family insurance plan can have the amount of Davidson grant increased to pay for student health insurance offered through Davidson.

Other Details
The work-study award of $2,100 represents approximately 8-9 hours of work per week for first-year students. For second, third and fourth-year students, the work-study award increases to $2,250; however, students remaining in their jobs from year to year also see an increase in their hourly pay rate.

  • Students may choose to replace their summer work contribution by borrowing a Direct Stafford Loan.
  • The room and board allowance is based on the cost of a double room and the 19-meal board plan.
  • The travel allowance varies depending on the student's state of residence.

Requirements Associated with Maintaining this Award
Students receiving this aid award must be enrolled on a full-time basis and must maintain satisfactory academic progress.



Special Note
Davidson College is committed to the premise that an excellent liberal arts education is one of the best investments a family can make. Today, our commitment to affordability has never been stronger.

Through the Davidson Trust, we became the first national liberal arts college to replace loans with grants in financial aid packages. Davidson meets 100% of students' calculated financial need entirely with grants and student employment. Read more.

  • The college follows a need-blind admission policy.
  • Around 40% of Davidson students receive need-based aid.
  • More than 50% receive aid from some source.


Through the generosity of Davidson alumni and friends, the College offers merit-based scholarships to students whose accomplishments mark them as having extraordinary potential for impact on the Davidson community and for future contributions to society. Davidson merit scholarships are awarded through special nominations, special competitions, special applications, and through the strength of the admission application.

 

 

 
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