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Duke University Tuition and Fees


Duke University Tuition and Fees

Duke University Tuition and Fees

On this page:

    By Kelly Boyer Sagert

    (Last Updated – 01/2025)

    Duke is a prestigious university with outstanding academics and an interdisciplinary approach to learning. It’s also well-known for its athletic programs: Duke’s basketball team (the Blue Devils) is one of the most successful in the country.

    Total Cost of Attendance

    Duke tuition, housing, and fees were as follows in 2023-24:

    •  Duke University tuition: $65,805, 5% higher than the previous year

    •  Books and supplies: $1,602, up 11% over the previous year

    •  Room and board: $17,458, 4.8% less than the previous year

    •  Other fees: $2,207, up 11.7% over the previous year

    •  Total expenses: $87,072, 5.2% higher than the previous year

    Financial Aid

    Duke University meets 100% of the demonstrated need for undergraduates, providing $149 million annually in grant aid.

    In 2022-23, 56% of first time, full-time undergraduates received some sort of financial aid. More specifically:

    •  Grant or scholarship aid: 41% of students received this type of funding with the average award being $59,327

    •  Federal grants: 11% of students received this type of funding with am average award of $8,830

    •  Pell grants: 11% of students received this type of funding with the average award being $5,507

    •  Other federal grants: 10% of students received this type of funding with an average award of $3,968

    •  State/local: 2% of students received this type of funding with the average award being $6,611

    •  Institutional: 41% of students received this type of funding with an average award of $56,922

    •  Student loan aid: 16% of students received this type of funding with the average award being $11,551

    •  Federal student loans: 15% of students received this type of funding with an average award of $4,426

    •  Other student loans: 3% of students received this type of funding with the average award being $34,387

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    In 2022-23, 3% of students received private student loans, with the average award being $34,387. Duke University provides a resource for students wishing to explore private loans.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    Duke’s cost of attendance for 2023-24 was $87,072. Over a four year period, this would equal $348,288, not accounting for cost increases.

    Here’s some North Carolina Student Loan & Scholarship Information for you.

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    In 2023-24, Duke University tuition was $65,805, 5% higher than the previous year. Total cost of attendance was $87,072. In the same year, the average total cost for a private four-year university was $60,420.

    Recommended: Scholarship Search – College Scholarships Finder Tool

    Graduate Tuition and Fees

    In 2022-23, the average Duke University tuition for graduate students was $60,220 with fees of $1,302 for a total of $61,522. In the U.S., the average graduate student spends $23,130 each year on school.

    Cost per Credit Hour

    Using the current Duke tuition of $60,244 and assuming two semesters at 15 hours each, the cost per credit hour at Duke is Students who register for no more than 2.5 courses in a semester are considered part-time students. Part-time students pay a tuition rate of $7,553; half course, $3,776; quarter course, $1,888.

    Campus Housing Expenses

    In 2023-24, room and board cost $17,458, which was 4.8% more than the previous year.
    Duke provides guidance for finding off-campus housing with a sampling of current listings:

    •  Studio: $1,431

    •  1 Bedroom: $1,532

    •  2 Bedrooms: $1,875

    Note that apartment leases may require you to sign for a full year rather than just the academic one.

    Duke University Acceptance Rate

    In fall 2023, 46,365 people applied to the university. The Duke University acceptance rate is just 7%, meaning the school is highly competitive.

    Admission Requirements

    Early Decision applications are due on November 4 of the previous year, and Regular Decision applications due on January 2 of the academic year.

    Duke University is test-optional during 2024-25. When applying, you must provide:

    •  Transcripts

    •  Three letters of recommendation: one from a school counselor and two from teachers in major academic courses

    •  Extracurricular activities (up to 10) with sustained commitment is more impressive than a long list

    •  Essay and writing prompt answers

    What’s optional:

    •  One personal recommendation letter from a mentor, employer, or other person who knows you well

    •  An interview with a Duke alumni, if offered to you

    SAT and ACT Scores

    Duke is a test-optional university during 2024-25. In fall 2023, 50% of applicants submitted SAT scores and 31% submitted ACT scores with the following 25th and 75th percentile numbers:

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    740

    770

    SAT Math

    770

    800

    ACT Composite

    34

    35

    ACT English

    35

    36

    ACT Math

    32

    35

    Graduation Rate

    For students who began their studies in fall 2017, here are the graduation rates:

    •  4 years: 88%

    •  6 years: 96%

    Post-Graduation Median Earnings

    Graduates of the university earn a median salary of $98,000 compared to a national average for college graduates of $68,516, making Duke graduate salaries 43% higher.

    Bottom Line

    Duke is a prestigious school offering a top-notch education in a variety of fields. It can be very difficult to get in: The Duke acceptance rate of 7% is extremely competitive. Duke University tuition is higher than average; however, the institution is generous with grants and scholarships, and graduates typically go on to earn significantly more than the median amount.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

    View Your Rate

    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
    SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

    SOISL-Q424-016

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    Purdue University Tuition and Fees


    Purdue University Tuition and Fees

    On this page:

      By Susan Guillory

      (Last Updated – 01/2025)

      Total Cost of Attendance

      Purdue University, located in West Lafayette, Indiana, is well-known for its engineering, education, business, and nursing programs. Purdue tuition for the 2023-24 school year was $9,992 for in-state students and $28,794 for out-of-state students. Notably, tuition has not increased for several years, although other expenses have. Purdue tuition is comparable to the national averages of $11,260 for in-state students and $29,150 for out-of-state students.

      Costs for 2023-24

      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $9,992

      $28,794

      Books & Supplies

      $1,030

      $1,030

      Room & Board

      $11,650

      $11,650

      Other Expenses

      $2,210

      $2,210

      Total Cost of Attendance

      $24,862

      $43,684

      Financial Aid

      More than half of students at Purdue (60%) use student loans, grants, or scholarships to cover Purdue tuition. There are many financial aid options available.

      Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

      The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

      •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

      •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

      •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

      •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

      Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

      You can find other financial aid opportunities on databases such as:

      •  US Department of Education – Search for grants from colleges and universities by state

      •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

      Recommended: The Differences Between Grants, Scholarships, and Loans

      Private Student Loans

      One form of financial aid to help with Purdue University tuition is a student loan: 27% of students take out federal student loans, while 6% take out private loans. The average private student loan is $19,587.

      Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

      What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

      Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

      Recommended: Guide to Private Student Loans

      Projected 4-Year-Degree Price

      Based on 2023-24 numbers, Purdue tuition for four years would cost $99,528 for in-state students and $174,736 for out-of-state students. For comparison, the average total cost for four years for a public university in the U.S. is $115,360 for in-state, and $186,920 for out-of-state.

      Here’s some Indiana Student Loan & Scholarship Information for you.

      Repay student loans your way.

      Find the monthly
      payment & rate that fits your budget.

      Undergraduate Tuition and Fees

      Costs for 2023-24

      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $9,992

      $28,794

      Room & Board

      $11,650

      $11,650

      Total Cost of Attendance

      $24,882

      $43,684

      In 2023-24, students who lived in Indiana paid a total of $24,882 for tuition, fees, and room and board. Those who came from other states paid $43,684.

      Graduate Tuition and Fees

      Costs for 2023-24

      Student Type

      In-State

      Out-of-State

      Tuition

      $9,718

      $28,520

      Fees

      $274

      $274

      Total

      $9,992

      $28,794

      Purdue tuition for graduate school was $9,992 for in-state students in 2023-24 and $28,794 for out-of-state students. The overall average cost of graduate school tuition in the U.S per year is $21,730. There are graduate loans available to help with these costs.

      💡 Quick Tip: Graduate student loans can help cover tuition, fees, and other education-related expenses.

      Cost per Credit Hour

      To attend Purdue part-time, in-state students pay $347.85 and out-of-state students pay $948.30 per credit. You may also be eligible to take out student loans as a part-time student.

      Campus Housing Expenses

      Costs for 2023-24

      Student Type

      On-campus

      Off-campus

      Books & Supplies

      $1,030

      $1,030

      Room & Board

      $11,650

      $12,390

      Other Expenses

      $2,210

      $2,210

      At Purdue University, freshmen are not required to live on campus, though most do. Students can opt to live in university residences, cooperative housing, or fraternity or sorority houses. Those who choose to live off-campus have many options in housing, either living alone or with roommates.

      Purdue University Acceptance Rate

      Fall 2023

      Number of applications

      73,083

      Number accepted

      36,542

      Percentage Accepted

      50%

      The Purdue acceptance rate is 50%, based on fall 2023 figures.

      Admission Requirements

      Here’s what’s required with your application to Purdue University.

      Required:

      •  Self-reported high school grades

      •  SAT or ACT scores

      Recommended:

      •  Recommendations

      The deadline for Early Action is November 1, with a decision given by January 15. The Regular Decision deadline is January 15, with a decision given by March 31. You can apply to Purdue here .

      SAT and ACT Scores

      SAT or ACT scores are required for first-time, first-year applicants. (In past years, Purdue was test-flexible, which means SAT and ACT scores were not required.) Here are the average scores at the 25th and 75th percentile.

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading/Writing

      590

      710

      SAT Math

      600

      750

      ACT Composite

      27

      34

      ACT English

      26

      35

      ACT Math

      26

      33

      Graduation Rate at Purdue

      The graduation rate for students who started at Purdue in fall 2017 was 83%.

      Post-Graduation Median Earnings

      After graduating from Purdue, students earn, on average, $72,000 a year. This is higher than the national average for graduates of four-year institutions of $68,516.

      Bottom Line

      Purdue University offers a top-notch education at an affordable price, and student loans can help you pay for it. Once you graduate, you’ll have the opportunity to earn good money in your career.

      SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

      View Your Rate

      SoFi Private Student Loans
      Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
      Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
      SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

      SOISL-Q424-010

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      SoFi and PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand for Personal Loans

      Partners’ Largest Transaction To-Date is Second in a Series of Continued Investments by PGIM

      SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by PGIM Fixed Income, one of the largest global fixed income managers – with $859 billion in assets under management (AUM), including $120 billion in public and private securitized credit AUM.

      The transaction follows a $350 million investment from PGIM in May 2024. It builds on the $3.9 billion in personal loan collateral SoFi sold or securitized to-date through the end of Q3 2024, illustrating the value of the company’s leading personal loan business.

      Edwin Wilches, Managing Director and co-Head of Securitized Products at PGIM Fixed Income, said, “SoFi’s personal loans represent an attractive investment opportunity for PGIM, and we’re thrilled to deepen our relationship with the company. We continue to expand our platform as an asset-based finance lender and source investments that provide compelling risk-adjusted returns for our clients with partners who put their customers first.”

      “The investor demand we see for SoFi’s personal loans underscores the quality and strength of our lending business, which continues to contribute meaningfully to our durable growth,” said Anthony Noto, CEO of SoFi. “We are grateful for PGIM’s longstanding partnership as we help more of our members get their money right.”

      Today’s news comes on the heels of strong demand for SoFi’s loans in the capital markets, with a range of transactions representing partners’ unique investment goals. For example, in Q4 2024, the company announced a $2 billion agreement with Fortress Investment Group to expand its loan platform business, where the company refers pre-qualified borrowers to loan origination partners and originates loans on behalf of third parties – a key example of SoFi’s diversified funding program.

      For more information on SoFi, please visit www.sofi.com

      About SoFi

      SoFi (NASDAQ: SOFI) is a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company’s full suite of financial products and services helps 10 million SoFi members borrow, save, spend, invest, and protect their money better by giving them fast access to the tools they need to get their money right, all in one app. SoFi also equips members with the resources they need to get ahead – like credentialed financial planners, exclusive experiences and events, and a thriving community – on their path to financial independence.

      SoFi innovates across three business segments: Lending, Financial Services – which includes SoFi Checking and Savings, SoFi Invest, SoFi Credit Card, SoFi Protect, and SoFi Insights – and Technology Platform, which offers the only end-to-end vertically integrated financial technology stack. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank, regulated by the OCC and FDIC and SoFi is a bank holding company regulated by the Federal Reserve. The company is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.

       

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