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.
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. Need is determined by using the parent and student information provided on the CSS Profile.
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.
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. Duke University will participate in the Federal Direct Student Program beginning in the 2010-2011 academic year.
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.