This just in from the Duke Office of News & Communications
The Duke University trustees have approved a 3.9 percent increase in the total cost of attendance (undergraduate tuition, room and board) at Duke for the 2012-13 academic year. Undergraduate tuition will be $42,308, a 4 percent increase, and the total cost for the next academic year, including tuition, room, board and fees, will be $56,056.
Duke has a longstanding commitment to a need-blind admissions policy, under which the university accepts students without regard to their ability to pay for college and then meets 100 percent of their demonstrated financial need. More than half of all Duke students receive some form of financial assistance from the university: 40 percent receive need-based financial aid, which includes grants, loans and work-study opportunities, and the remainder are beneficiaries of honors, athletics and other scholarship programs.
In the current year, Duke expects to spend about $120.5 million of institutional funds to support undergraduate financial aid, a 10 percent increase from the previous year, and a 21 percent increase from 2009-2010. Estimates for next year's financial aid costs will not be finalized until later in the year when financial aid packages for new and returning students are completed.
New tuition rates for Duke's graduate and professional schools in 2012-13 have also been set:
-- Divinity School: $19,120, up 3.9 percent over the current year.
-- Fuqua School of Business: $52,900 (daytime MBA), up 5.2 percent.
-- Graduate School: $42,350 (Ph.D. programs), up 4 percent.
-- Law School: $50,750, up 4 percent.
-- Nicholas School of the Environment: $30,700, up 3 percent.
-- Pratt School of Engineering: $42,480 (MEM program), up 4.3 percent.
-- Sanford School of Public Policy: $37,900, up 3.6 percent.
-- School of Medicine: $48,065, up 3.9 percent.
-- School of Nursing: $36,666, up 4.9 percent.
