June 21st 2023.
Duke University has recently announced an exciting initiative for current and future undergraduate students from the Carolinas – grants that cover tuition costs. In the fall of 2023, any student from North or South Carolina whose household income falls below $150,000 will be eligible to receive the grant. For students whose household income is at or below $65,000, the grant will cover tuition, housing, food, some course materials, and other miscellaneous expenses.
The announcement was made by the University President, Vincent Price, who believes that the additional financial support will make Duke’s campus community even stronger. Gary Bennett, the Dean of Trinity College of Arts and Sciences, added that such a commitment to students from the Carolinas is also a commitment to the communities they call home.
Duke’s new financial assistance package will provide $2 million more in grants than the previous year, and the university plans to increase the financial assistance by $6-7 million every year for the next five years. This news is sure to be a relief for many students, as tuition rates in the US have been increasing significantly in recent years, with private universities seeing a 134% increase in tuition and public and state universities seeing a 141% increase.
The university will fund the grants through its own resources, and it is estimated that around 340 Carolina students will receive full-tuition grants during the fall of 2023. This is an incredible opportunity for students from the Carolinas, and is sure to make a significant impact on their lives.
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