Costs
The sticker price at Davidson is $73,200. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
Using State Grants at Davidson
If you're a North Carolina native with demonstrated financial need, be sure to look into state grants to help pay for Davidson. The state offers two major need-based grants: The NC Need-Based Scholarship for Private College Students and the NC Scholarship. Both are reserved for needy students, and the former is reserved for those attending private schools. Unlike scholarships, these do not involve selection committees or essays. If you meet the requirements and the funds have not been exhausted, you will receive the money.
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Davidson College Questbridge Scholarships
Davidson is a member of Questbridge, which is a prestigious scholarship program that supports high-achieving students from low-income backgrounds. Students who are “matched” to Davidson College through Questbridge receive a four year, full ride scholarship to the school. If you are interested in learning more about Questbridge, you can check out our Questbridge Scholarship guide.
Davidson College’s 100% Need-Met Guarantee
Davidson has committed to meeting 100% of applicants’ financial needs. They determine your financial need using the FAFSA and/or CSS Profile, and will ensure that your financial aid package covers any costs you cannot pay.
No Loan Policy at Davidson
Davidson is a no-loan school, which means that their financial aid packages offer students grants and scholarships in place of the federal loans that are typically part of a package. This means that their financial aid is more generous than most, and they help bridge the gap between cost and student need. Some no-loan schools offer this policy for all accepted students while others only extend it to students below a specific income level, or to in-state students. Be sure to check Davidson's website for details on their No-Loan policy.
Davidson College Financial Aid
Students who are applying for financial aid at Davidson need to submit both the Free Application for Federal Student Aid (or FAFSA), as well as the CSS Profile.
The FAFSA opens up on October 1st, and students should apply as soon as they can! The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Davidson is 002918 and the CSS Profile Code is 5150.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
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Pell Grants at Davidson College
15% of students at Davidson College receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Davidson College.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Davidson students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Davidson College Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Davidson or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.davidson.edu/admission-and-financial-aid/financial-aid
- Email: [email protected]
- Phone: 704-894-2232