The financial aid package is based on the expected family contribution, which includes both parents and student resources. This amount is determined by a financial needs assessment, which looks at assets, income, family size and number in college.
The student's financial need is the difference between the cost of education minus the expected family contribution. The student's financial need is met with Duke grant funds and Federal Stafford Loans. The financial aid package could change as available resources change. Unsubsidized Stafford Loan funds may be used to replace parent and/or student expected contributions.
Financial Aid Awards
Duke University School of Medicine is committed to meeting the demonstrated financial need of applicants based upon federal and institutional policies and procedures. In a recent academic year, approximately 82% of the total student enrollment received financial assistance from sources other than parents. Grants, scholarships and loans from all sources to medical students totaled over $14 million. Over $6.5 million of these funds were from Duke University School of Medicine sources of which over $4.5 million were in scholarships/grants.
Medical Student Sources of Aid
|
Scholarships : |
|
|
Duke Merit |
$ 1,729,850 |
|
Grants : |
|
|
Duke Need-Based |
$ 3,253,715 |
|
Outside |
$ 2,378,455 |
|
Loans : |
|
|
Federal Stafford |
$ 6,425,936 |
|
Other : |
$ 224,120 |
|
Total : |
$14,012,076 |
Types of Financial Assistance
Duke University School of Medicine is committed to meeting the demonstrated financial need of students as determined by federal and institutional policies. By combining scholarships, grants and loans, students are generally able to finance their medical education. Listed below are the types of aid awarded to meet these costs. Please note that a separate application for Duke scholarships or grants is not necessary.
Scholarships
These awards are generally given based on specific academic or extracurricular merit. While some of our scholarships are based on merit alone, many of our endowed scholarships are based on specific criteria that has been established by the donor to assist in meeting the financial need of the student's cost of education.
We are fortunate to have a number of endowed scholarships such as the Medical School Faculty Wives Scholarship, the Busse Scholarship and the Queen Effat Scholarship. Each of these has a significant purpose and we are grateful to the donors. Any student selected for a named scholarship will be asked to write a letter of appreciation to the donor. Failure to do so may result in loss of the scholarship. For a complete list of our scholarships, please go to Endowed N/B Scholarships.
Grants
Grants are sources of funds that require no repayment. These funds are available to students based solely on their financial need. The Duke University School of Medicine awards them to the most needy students based on our packaging policies. Again, need is determined by using the parent and student information provided on the Need Access.
Federal Loans
The Federal Stafford Loan Program is awarded based on financial need. Students who wish to be considered for this loan may supply the information requested as an independent student. Unsubsidized Federal Stafford loans require payment of interest or you can elect to have the interest accrue while you are in school. These loans are available from the Department of Education, Title IV funding programs. The Financial Aid Office uses lenders to meet Stafford loan needs. Duke University does not participate in the Federal Direct Lending program. However, we do have funding from the Department of Health and Human Services, Title VII, for specific loans related to students wishing to select Primary Care specialty as a career. Primary Care Loans (PCLs) are generally awarded to third and fourth year students. More information is available from the Office of Financial Aid.
Current 2009-2010 Packaging Policies
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Parental and student data will be used in determining eligibility for Duke need-based grant.
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100% of demonstrated financial need will be met.
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For need-based medical students, the aid package is determined by Cost of Attendance - Expected Family Contribution (EFC) = Need. Need will be met with approximately the first 50% in Duke grant/scholarship, the remainder in federal Stafford and Alternative private loan. (EFC is determined by the Free Application for Federal Student Aid (FAFSA) and Need Access.
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Duke will adjust the parent contribution for a student's sibling enrolled in their first undergraduate baccalaureate program (not including service academies and community colleges). The sibling must be enrolled full-time. A sibling verification form will be sent to the family. In the instance that a sibling is found not to be enrolled, an adjustment will be made to the aid package that will affect both grant and loan.
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No student can receive financial aid funds in excess of the University approved cost of education. While we will use outside scholarship to replace "packaged need-based loan" in the aid award first, sometimes it is necessary to reduce grant funds as well.
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Only family members listed as dependents on the parent's most recent tax return will be included in the number in household.
- Only catastrophic, non-elective events can be considered as basis for an appeal. These would include death of an immediate family member, unemployment of parent, natural disaster causing extensive physical and financial distress, or emergency medical/dental expenses not covered by insurance. To be considered for an appeal the student must write a statement detailing the event and include any financial documentation. This correspondence can be sent via email or other delivery methods. Students will be informed of a decision in a timely manner.
Emergency Loans
The School of Medicine provides short-term emergency loans in small amounts from the Francis and Elizabeth Swett Loan Fund. Amounts and repayment procedures differ depending on the type of loan and education program.

Merit Awards
The School Of Medicine offers scholarships from the following funds based on the recipient's academic excellence.
For Entering Students
The Dean's Tuition Scholarship:
Seven Dean's Tuition Scholarships in the amount of current tuition are awarded to academically excellent incoming medical students whose life experiences and background will meaningfully contribute to the diversity of the class. Factors considered may include personal attributes, experiential factors, demographics or other considerations. Selection is made by the Vice Dean of Education based on recommendations from the Medical School Admissions Committee. Annual renewal is contingent upon satisfactory academic progress.
Fullerton Medical Scholarships:
Duke University School of Medicine is one of six medical schools in North Carolina and South Carolina that participates in the Fullerton Foundation's Medical Scholarship program, established in 1985. The Program's objective is to "identify and reward the student who demonstrates and projects the potential for development into a highly capable professional who is concerned with the total welfare of the society of which he/she is an active participant, as well as being a competent physician. The nominee must have potential for service in the health care field, which can be demonstrated by, but not limited to, leadership in high school, undergraduate school and the community, knowledge of society and the problems and opportunities of the world today, and the individual's awareness of his/her own capabilities and limitations." Each year the schools nominate an incoming student for one of the two $20,000 annual awards. The nominee or family of the nominee must be a resident of North Carolina or South Carolina for the past five years. Final selection is made by the Foundation. The award continues for the remaining three years of medical school based on the student maintaining satisfactory progress. On behalf of the four finalists, the Foundation awards a $1,000 honorary stipend.
Medical Scientist Training Program:
The Medical Scientist Training Program (MSTP) awards were made to 5 entering students for the 2004-2005 academic year with a total of 50 students in the program. The MSTP award pays full tuition, fees and stipend for six years of M.D.-Ph.D. enrollment.
For Senior Students
Senior Scholarships were first offered in 1993-94 to third year students for use during their fourth year of study. Selection by the Senior Scholarships Committee is based on outstanding academic achievement during the first two years of medical school and extracurricular activities during those first two years. The scholarships, to be paid toward tuition only, are in the range of $5,000 each for approximately fifteen awards and may not be used in addition to any other tuition award.
Scholarships supporting this program:
- William G. Anlyan, M.D. Scholarship, established 1988 by gifts from faculty, staff and friends.
- Barham Endowed Merit Fund, established November, 1984, by gift from Mr. and Mrs. Joseph Barham, Oak Ridge, Louisiana.
- Family Dollar Scholarship, established November, 1984, by gift from Mr. Leon Levine, Chairman of the Board
- Family Dollar Stores, Inc., Charlotte, North Carolina; for minority students.
- Dr. William Redin Kirk Memorial Trust for North Carolinians, established March, 1984, by bequest of Mr. Frederick H. Pierce, Owensboro, Kentucky.
- Mary W. and Foster G. McGaw Scholarship, established February, 1986 by bequest from Foster G. McGaw.

Need-based Awards
Endowed Need-based Financial Aid
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Summary of Student Eligibility Requirements to receive Title IV and/or Title VII financial assistance: Enrolled or accepted for enrollment as a regular student in an eligible program
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A U. S. citizen or national, or eligible non-citizen
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Making satisfactory academic progress
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Registered with Selective Service (if required). May be asked to supply documentation
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Not in default in a Title IV loan (certification required)
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Not owing a repayment on a Title IV grant
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Sign Statement of Educational Purpose agreeing to use funds only for expenses related to study at the institution
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Not have borrowed in excess of annual or aggregate loan limits on a Title IV loan
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Not have had federal benefits suspended or terminated as a result of a drug conviction
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Meets financial need, as applicable, and other program-specific eligibility requirements
Grants
Non-Duke Grants and Scholarships
Financially needy students who receive a grant or scholarship from an external source may substitute that award for an equal amount of the need-based loan component of the financial aid package. When these resources are based only on the school's nomination, the grant or scholarship is used as part of the grant component of the need-based financial aid package. This policy helps students reduce the amount of debt to be repaid after graduation.
Listed below are some of the need-based endowed scholarships that students may receive. Selection is based on criteria established by the donor. No separate application is necessary and the Financial Aid Office may request that you write a letter of appreciation to the donor. These scholarships are awarded in conjunction with need-based Duke grants. Without the generosity of these donors, need-based grants would not be possible.
Need-based Scholarships
- Barney Baker and Minnie P. Baker Endowed Scholarship Fund, established March, 1992, by bequest of their son Barry Baker
- Germain Bernard Scholarship, established in 1959 by the B. C. Remedy Company
- Mary Duke Biddle Scholarship Fund, given annually to Duke University School of Medicine by the Mary Duke Biddle Foundation of New York.
- Thomas C. Bost Scholarship, established in 1965 by a gift from Dr. Thomas C. Bost, supplemented by subsequent gifts
- Franklin and Louise Brown Medical Scholarship, established March, 1992, by bequest of Franklin and Louise Brown
- Elizabeth Burgess Bressler Memorial Scholarship Fund, established in 1983 by her children: Garrett S. Bressler, M.D.; Robert B. Bressler, M.D.; Barbara B. Marques; Peter B. Bressler, M.D.
- Ortrude S. Busse Medical Scholarship Endowment, established in 1993 by gift from her husband, Ewald W. Busse, M.D.
- James L. Clark Memorial Scholarship, established in 1965 by a gift from Mr. and Mrs. Marvin D. Clark and supplemented by gifts from other donors
- C. T. Council Scholarship, established in 1959 by the B. C. Remedy Company
- Helen M. Curtis Endowed Scholarship Fund, established June, 1992, from the estate of Helen M. Curtis
- John H. Dorminy Scholarship, established in 1980 by gift from John H. Dorminy, Jr.
- Isobel Craven Drill Endowment for Medical School Scholarships, established 1993 by Isobel Craven Drill
- Eagles-Andrews Memorial Scholarship, established in 1982 by a gift from Dr. and Mrs. William M. Eagles
- Eleanor B. Easley Endowment Fund, established in 1998 from the estate of Eleanor B. Easley
- Doris A. Eagles Scholarship Endowment Fund, established in 1998 from the estate of Doris A Eagles
- Dorothy Armstrong Elias Medical Scholarship Fund, established in 1997 from the estate of Dorothy Elias a Duke alumnae
- Elleanor Ellinger Scholarship Fund, established in 1995 from the estate of Elleanor Ellinger.
- Melvin L. and Betty M. Elson Scholarship Endowment Fund, established in 1999 by Melvin L. Elson
- William F. Franck Memorial Scholarship, established in 1958 by gift from William F. Franck, Jr. '39, and supplemented by additional gifts
- Henry Garris Scholarship Fund, established 1995, from the estate of his widow Jean S. Garris
- Georgia Scholarship, established 1997
- Constance I. Gottwald Medical Scholarship, established 1987 with preference for minority students by gift from Constance I. Gottwald
- E. Bayard Halsted Scholarship Fund, established in 1961 from the estate of Edward Bayard Halsted
- Hazel Endowment Fund, established 1984 by gift from Mr. and Mrs. William A. Hazel
- William L. High Jr., M.D. Scholarship Endowment Fund, established in 1988 by William L. High Jr., M.D.
- Warren W. Hobbie Fund, established in 1980 by trustees of the Warren W. Hobbie Charitable Trust
- Earl P. Holt, Jr. Memorial Scholarship, established 1986 by gift from family and friends for first or second year medical students with preference given to minority students
- Ann Miriam Hughes Scholarship Endowment Fund, established in 2000 by gift from the Ann Miriam Hughes estate to provide support for women students attending Duke Medical School
- George Lee Hundley and Rebecca Barnhill Hundley Fund, established in 1980 by gift from George Lee and Rebecca Barnhill Hundley
- H. B. and Adelaide F. Ingle Medical Scholarship, established in 1976 by gift from Mr. and Mrs. Harry B. Ingle
- B. Everett Jordan Scholarship, established in 1974 by the late Senator B. Everett Jordan and his widow, Katherine Jordan
- Robert and Maren Keller Endowment, established 1999
- Thomas D. Kinney, M.D. Memorial Scholarship, established in 1980 by gifts from his widow, Dr. Eleanor R. Kinney, and their children: Thomas R. Kinney, M.D.; Eleanor D. Kinney, J.D.; Hannah C. Kinney, M.D.; and Janet S. Kinney, M.D.
- Dr. John Haden Lane Memorial Scholarship, established in 1968 by gift from Edward H. Lane Foundation
- E. C. Langston Medical Scholarship, established in 1979 by bequest of Mrs. Denzil L. Mosteller
- Paul E. Leviton Medical Scholarship, established in 1981 from the estate of Paul E. Leviton
- Alice Azouri Mack Memorial Scholarship Fund, established in 1996 by Christy K. and John J. Mack, Duke Class of 1968.
- James Cecil McGehee Memorial Medical Scholarship, established in 1975 by gift from C. G. McGehee, Jr.
- Medical Alumni/Alumni Fund Scholarship Fund Quasi Endowment, established 1995
- Medical Alumni Scholarship, established in 1974 by Duke Medical Alumni
- Medical School Annual Alumni Gifts Scholarship, established 1994
- Medical School Faculty Wives Scholarship, established in 1968 by a gift from the Medical School faculty wives whose source of funds is proceeds from the Nearly New Shoppe
- John F. Ott Endowment Fund, established in 1984 by bequest of John F. Ott, M.D.
- Henry A. Page Scholarship Fund, established 1942 by gift from Henry A. Page, Jr. and Gertrude Wetherill Page
- Physical Medicine Scholarship, established in 1963 by gift from Central Carolina Convalescent Hospital, Inc., Greensboro, North Carolina
- Queen Effat Muhammed Al Thenayan Medical Scholarship Endowment, established 1993 by gift from Her Royal Highness Queen Effat Muhammed Al Thenayan
- Eugene Rossitch Jr. Memorial Scholarship Fund, established in memory of Eugene Rossitch, Jr., M.D.’85 by his fellow Duke classmates
- Senior Class Gift, established by graduates of classes of 1977 and 1978
- Melvin D. and Judith N. Small Medical School Scholarship Fund, established in 1976 by gift from Dr. Melvin D. and Mrs. Judith N. Small
- R. Cathcart and Nancy Smith Fund, established in 1997 by gift of the late Dr. and Mrs. Smith
- Sigmund Sternberger Endowment Fund, established in 1978 by gift from the Sigmund Sternberger Foundation, Inc., Greensboro, North Carolina
- B. W. Stiles Scholarship, established in 1981 by gift from the Mary Duke Biddle Foundation
- Francis and Elizabeth Swett Scholarship, established in 1966 by gift from the late Dr. and Mrs. Swett
- J. Robert Teabeaut II, MD Fellowship Endowment Fund, endowed in 1998 from funds given by Dr. J. Robert Teabeaut , II
- A. J. Tannenbaum Medical Scholarship, established in 1990 by the Sigmund Sternberger Foundation, Greensboro, North Carolina
- Larry and Violet H. Turner Scholarship, established 1977 by gift from Drs. Larry and Violet H. Turner
- Lettie Pate Whitehead Scholarship Fund, chartered under the will of the donor, has since 1954 provided educational support for financially needy, deserving, Christian girls who are residents of nine southeastern states, through established educational institutions
- Dr. Hillory M. Wilder Memorial Scholarship, established in 1962 by bequest from Celeste Wilder Blake and Kenneth M. Blake
- Roland R. and Ray R. Wilkins Medical Scholarship Quasi Endowment, established December, 1995 from reserves of the Estate Planning Council
- Gene L. and Alice Stroude Winegardner Endowment Fund, established in 1994 by bequest of Alice Stroude Winegardner
- Sue Eggleston Woodward Memorial Scholarship, established in 1966 by gifts from parents, relatives, and friends
- Marshall P. Yarborough Memorial Scholarship, established in 2001 by Dr. John Yarborough in memory of Marshall Paige
- Vivian Zirkle Memorial Scholarship, established in 1981 by gift from Drs. Lewis and Sara Zirkle

Financial Aid Policies
We want to emphasize again that Duke University School of Medicine is committed to providing its students not only with the highest quality education, but also with a variety of financial programs to assist in the realization of our student's academic goals. It is the responsibility of the student to keep the Office of Financial Aid apprised of all changes that affect the processing of funds. Information such as changes of name, address, course-load, etc. affect the delivery of financial aid. While students are eligible for four years of aid, it is also the responsibility of the student to keep their application status current by re-applying annually. The following are specific policies and procedures that are worth paying attention to:
Eligibility for Duke Grants
When being considered for a Duke grant, it is the responsibility of the student to provide all parental information to the Financial Aid Office. This information is in the form of parents' tax returns from the most recent tax year and the Need Access, which the student fills out and submits either on-line or through the mail. It is important that the student submit their financial aid application as soon possible in order to receive a financial aid notification prior to May 15th. It is Duke's policy to calculate and assess each family a parental contribution each year. By accepting the award, you understand that this assessment will take place each year of your medical education. Situations may change for you during medical school: marriage, births of children etc., but we will still require that parental information be submitted for students to be considered for Duke grants.
Withdrawal Policy
If a student withdraws from school within the first week of school, no tuition will be assessed. However, if withdrawal occurs past this date, full tuition will be assessed and will be used at the time the student returns to school. The School of Medicine will, of course, follow any federally mandated regulations in regard to Federal Stafford Loans. Students who have received refunds from their student account are liable to repay that amount upon withdrawal. Please refer to the
University Withdrawal Policy.
Sibling Policy
Duke will adjust the parent contribution for a student's sibling enrolled in their first undergraduate baccalaureate program (not including service academies and community colleges). The sibling must be enrolled full-time. A sibling verification form will be sent to the family. In the instance that a sibling is found not to be enrolled, an adjustment will be made to the aid package that will affect both grant and loan.
Federal Verification
If a student is selected for Federal Verification, they must submit all necessary documentation. If, in fact, there is a resultant recalculation, it will affect both the Federal financial aid as well as the institutional financial aid.
Outside Scholarship Policy
It is our policy to use outside scholarships to replace the packaged or "need based" portion of a student's loan. It cannot be used to replace student or parent contributions. At the point that the packaged loan is replaced, Duke grant funds will be reduced or replaced as necessary. At no time may a student's total financial aid package exceed the established cost of education.
The one exception to this policy is for students who, by nomination from the school, have received an outside scholarship. For instance, students receiving a Dean's Tuition Scholarship, Senior Scholarship, North Carolina Board of Governors Scholarship, Fullerton Scholarship or similar scholarship, will have a different aid adjustment. It is the responsibility of financial aid recipients to keep the Office of Financial Aid informed of any outside financial assistance that may be received. It must be understood that the school reserves the right to reconsider its offer of financial assistance in the event of a major outside award to a recipient.

Financial Aid for Other Educational Programs in the School of Medicine
Physician Assistant, Physical Therapy, Clinical Leadership, Pathologist Assistant, and Ophthalmic Technician
Each of these programs are funded through Federal Stafford loans, alternative private loans, and on occasion Federal Perkins loan (depending on the availability allocated by the University). It is highly recommended that you use every avenue to find scholarships or grants.
Your aid is calculated using the FAFSA, your tax return and the cost of education. Additional information will be given to you during the interview process.
