We are committed to the premise that an excellent liberal arts education is one of the best investments a family can make.
Domestic students and permanent residents are considered for admission at Davidson without regard for their financial resources.
Your academic potential, character, and accomplishments are the only factors considered in admission decisions–not your ability to pay the cost of attendance. About 51 percent of our students receive need-based aid, and 70 percent receive aid from some source.
How We Calculate Aid
Within the standards set by the U.S. Department of Education, we use our own formula to determine eligibility for aid. From the financial information your family provides by completing the FAFSA and the CSS Financial Aid PROFILE, we calculate both your expected family contribution and demonstrated need.
Your financial aid award will be based on Davidson's full annual costs (tuition, room, board, books and personal costs) and a calculated contribution from you and your family.
Davidson's Annual Cost of Attendance
– Expected Family Contribution
– Outside Resources (if any)
= Financial Eligibility
Outside Scholarship Policy
Students must report all outside scholarships or resources received from organizations or agencies to the Office of Financial Aid. The combination of federal, state, Davidson financial aid and outside scholarships and resources may not exceed the Cost of Attendance. Outside scholarship funds and resources will first reduce or replace Student Employment eligibility ($2,100), and the remainder of the scholarship will then reduce the Expected Family Contribution by up to a maximum of $2,900, annually. Any scholarship or resource in excess of $5,000 will result in the reduction of Davidson College awarded financial aid. This treatment will be applied each year the scholarship or resources is renewed up to a maximum of four years or eight semesters. Students are responsible for completing the outside scholarship form and returning it to the Office of Financial Aid by June 1. Please use the official name of the scholarship or awarding organization.
Tuition Estimating Tools
The Davidson MyinTuition app and Net Price Calculator can help you gauge your level of aid–and the approximate cost–of attending Davidson.
Applications for financial assistance from international students submitted after admission to Davidson are not accepted, nor will they be accepted for the duration of enrollment at Davidson.
Our financial aid experts are happy to work with you to develop a financial aid package that will make Davidson affordable for you.