For the 2022-23 school year, Duke University raised tuition by 4.1%, according to the latest figures released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private, not-for-profit university paid $62,688 this year, an increase of $2,444 from the $60,244 tuition charged during the 2021-22 academic year.
Approximately 12% of Duke’s undergraduate students are residents of North Carolina, while around 74% come from other U.S. states, and 11% are international students.
Data indicates that 56% of full-time undergraduates who began studies at Duke in the 2022-23 year received some form of financial aid. A total of 724 students were awarded grants or scholarships amounting to $43 million, while 282 students obtained student loans exceeding $3.3 million.
Across the entire undergraduate body, 3,447 students benefited from grants or scholarships totaling $182.7 million. Additionally, 1,083 students borrowed $5.3 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 199 | 11% | $1.8 million | $8,830 |
| State / local grant or scholarship | 32 | 2% | $211,540 | $6,611 |
| Institutional grants or scholarships | 720 | 41% | $41 million | $56,922 |
| Grant or scholarship aid total | 724 | 41% | $43 million | $59,327 |
| Federal student loans | 262 | 15% | $1.2 million | $4,426 |
| Other student loans | 61 | 3% | $2.1 million | $34,387 |
| Student loan aid | 282 | 16% | $3.3 million | $11,551 |
| Total student aid | 970 | 56% | $46.2 million | $47,639 |
