Financial Aid News
Duke Medicine Surpasses $12M Financial Aid Initiative Goal
To continue to attract medical students of the highest caliber, the School of Medicine has raised $13 million to endow its financial aid program, far surpassing its $12 million goal. Read more.
Winners Announced for 2008-09
Winners have been announced for the Robertson Scholarships, the B.N. Duke Scholarships, and the Trinity Scholarships.
Karshes Give $20 Million to Support International Students
Duke University trustee Bruce Karsh and his wife Martha will give the school $20 million in permanent endowment to support undergraduate students from other countries, President Richard H. Brodhead announced. This gift is the largest donation devoted to the needs of international undergraduates in Duke’s history.
Read the news release.
Read the Chronicle article.
Duke Announces Nearly $7 Million in Enhancements for Need-Based Aid Recipients
Building on the strength of giving to Duke's Financial Aid Initiative, the performance of the university's endowment assets, and the expectation of additional support for financial aid endowment as the Financial Aid Initiative enters its final year, the Board of Trustees approved an investment of nearly $7 million per year in financial aid enhancements.
The increased investment in financial aid will make it possible for students from families with incomes below $40,000 to graduate debt-free and will eliminate parental contributions for families making less than $60,000 a year. In addition, Duke will reduce loan requirements for all students who qualify for need-based aid. The changes take effect in the fall of 2008 and are expected to benefit about 2,500 students. Read more.
Winners Announced
Duke University announced the winners of the A.B. Duke Scholarships, B.N. Duke Scholarships, Trinity Scholarships, Reginaldo Howard Scholarships, and University Scholarships.
Crown Family Supports Financial Aid and Summer Fellowships
The Crown family of Chicago has contributed $5 million to Duke University to support scholarships and summer fellowships for undergraduate students, Duke President Richard H. Brodhead announced. Read more.
Duke To Receive $10 Million For Its Financial Aid Initiative
The Bill & Melinda Gates Foundation of Seattle will contribute $10 million to Duke University to support scholarships for undergraduates and business school students, Duke President Richard H. Brodhead announced. Read more.
Competition to be Student Speaker at 2006 Scholarship Dinner
Each year, Duke holds a special event to recognize and celebrate scholarship and fellowship donors, honorees, and student recipients. In 2006, for the first time, the student speaker for the event was selected through a competitive process. Read or listen to the winner’s speech, and read excerpts from the speeches of the five other finalists.
Summer of Service: Duke Students Give Back to Community
Five Duke sophomores are in Greenville, NC. this summer as part of the Carolina Summer of Service, a nine-week internship for Benjamin N. Duke and Trinity scholars at Duke University. (From the Greenville Daily Reflector)
Scholarship Established to Honor Marine Matthew D. Lynch
To honor the memory of Matt Lynch, a recent Duke graduate who died in Iraq, friends and family members hope to raise at least $100,000 for the newly established 1st Lt. Matthew D. Lynch Memorial Scholarship Fund at Duke University. Read more
Cost of Attending Duke to Increase 4.5 Percent
The Duke University Board of Trustees on February 24th approved a 4.5 percent increase in tuition, fees, and room and board for undergraduate students in the coming academic year. Duke's planning also calls for a 5.7 percent increase in undergraduate financial aid. Read more
Gift to Fund Minority Health Sector Management Scholarship
Jack and Barbara Bovender of Nashville, Tenn., have given $1 million to Duke University’s Fuqua School of Business to establish a scholarship program for minority students in Fuqua’s Health Sector Management program Read more
Duke to Raise $300 Million for Financial Aid Endowment
Calling it "crucial to Duke's long-term ability to attract the very best students and to make quality education affordable for all families," President Richard H. Brodhead announced Thursday that Duke University plans to raise $300 million in new endowment funds over the next three years to strengthen its financial aid programs for students.
Duke's Financial Aid Initiative seeks $245 million for undergraduate aid, including $15 million for athletic scholarships, and $55 million to support graduate and professional school students. Read more
Facts About Financial Aid
During the 2004-05 academic year, Duke invested about $129 million in financial aid for its undergraduate, graduate, and professional school students. There is a great deal more to know about the importance of financial aid at the university. Read more
Affording Opportunity
In a guest column for The Chronicle, President Richard Brodhead writes: "Education is only partly about the transmission of knowledge and skills. At bottom, it’s a process of enablement: It’s about giving the young the exposures, stimulations, hard trials and challenges and encouragements that allow them to realize their powers and build the most capable version of themselves." Read more
Duke Endowment Gives Record $75 Million for Financial Aid
The Duke Endowment of Charlotte is giving $75 million for student financial aid at Duke University -- the largest single gift made by the endowment in its 81-year history and the largest single gift ever received by the university. Read more.
$1 Million for Undergraduate and Graduate Financial Aid at Sanford Institute
A $1 million gift from Richard B. Lieb T’69 and Kathryn Crommelin Lieb W’69 of Valley Forge, Pa., will fund undergraduate scholarships and graduate fellowships at the Terry Sanford Institute of Public Policy, Duke University President Richard H. Brodhead announced Monday.
Scholarship Established in Memory of Marine Matthew D. Lynch
To honor the memory of Matt Lynch, a recent Duke graduate who died in Iraq, friends and family members hope to raise at least $100,000 for the newly established 1st Lt. Matthew D. Lynch Memorial Scholarship Fund at Duke University
Cost of Attending Duke to Increase 4.5 Percent
The Duke University Board of Trustees on February 24th approved a 4.5 percent increase in tuition, fees, and room and board for undergraduate students in the coming academic year. Duke's planning also calls for a 5.7 percent increase in undergraduate financial aid.
Duke to Raise $300 Million for Financial Aid Endowment
Calling it "crucial to Duke's long-term ability to attract the very best students and to make quality education affordable for all families," President Richard H. Brodhead announced Thursday that Duke University plans to raise $300 million in new endowment funds over the next three years to strengthen its financial aid programs for students.
Affording Opportunity
In a guest column for The Chronicle, President Richard Brodhead writes: Education is only partly about the transmission of knowledge and skills. At bottom, it’s a process of enablement: It’s about giving the young the exposures, stimulations, hard trials and challenges and encouragements that allow them to realize their powers and build the most capable version of themselves.
Duke Wants $300 Million
(Reprinted from the News & Observer) Duke University announced Thursday it would seek $300 million in donations for student financial aid during the next three years.Duke has already raised nearly half of that amount, including $100 million to be used as matching money to encourage other donors to give.
Mooresville's Leger Named as Alice Azouri Mack Scholar
Erin Ramona Leger of Mooresville has been named an Alice Azouri Mack Scholar at Duke University. This scholarship, awarded to students from Iredell County based on outstanding academic achievement and personal qualities, covers that student’s full demonstrated financial need while an undergraduate at Duke.
Endowment to Support Scholarships, Fellowships at Nicholas
Proceeds from gifts contributed by LaDane Williamson of Shallotte, N.C., have resulted in a $2 million endowment to support academic and research programs at the Nicholas School of the Environment and Earth Sciences.
$2 Million Brody Scholarship Will Aid Eastern NC Students
The family of Leo Brody has directed that more than $1.3 million of the late Kinston, N.C., business leader’s estate be used to establish a scholarship fund for students from the Carolinas, with preference to those from eastern North Carolina. It will be matched with funds from The Duke Endowment's Carolinas Challange.
Carolinas Challenge to Support Thousands of Students
In 1997, The Duke Endowment awarded Duke University funds to provide increased support for North and South Carolina undergraduates. Seven million dollars was targeted to match donations for financial aid at $1 for every $2 contributed. The university called this fund-raising effort the “Carolinas Challenge.”
Laettner, Davis Give $2 Million to Legacy Fund, Facility
Christian Laettner and Brian Davis, members of Duke University’s first two national championship basketball teams, will give $2 million to their alma mater to support a men’s basketball scholarship and a planned new athletics facility.
B.N. Duke Scholarship Winners Announced
The award covers full tuition, stipends for domestic and international summer services endeavors, and an in-school program to enhance students' studies.
Three Triad Students Named as Trinity Scholars
Andrew Keaton, Joshua Sommer, and Melanie Wright are this year's winners of Trinity Scholarships.
Sue and William Gross Donate $23 Million
William H. Gross, manager of the world’s largest bond mutual fund, and his wife Sue are giving more than $23 million to Duke University to provide financial aid for needy and excellent students and other programs..