Policy on Outside Funding
The combination of Federal, state, Davidson financial aid and outside scholarships and resources may not exceed the total Cost of Attendance. Outside funds first reduce the Student Employment award, then the Expected Family Contribution; then, if all outside resources together exceed $5,000 for the year, or if Student Employment and Expected Family Contribution have both been fully replaced, aid awarded from Davidson will be reduced as well.
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 ($2,525) offered through Davidson.
Policy on Student Contribution
The work-study award represents approximately 7-8 hours of work per week. The amount of work-study award ($3,000) will remain the same for second, third, and fourth-year students. Students remaining in their jobs from year to year see an increase in their hourly pay rate
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.
Other Details
Davidson College’s Financial Aid Overview
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.
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.
