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.
Financial Aid Formula
Estimate Your Costs
The Davidson Net Price Calculator can help you gauge your level of aid–and the approximate cost–of attending Davidson.
Outside Scholarships and Resources
Many local, regional, and national organizations sponsor scholarship programs for college students. Students must report all outside scholarships and resources to the Office of Financial Aid. The combination of Federal, state, Davidson financial aid and outside scholarships and resources may not exceed the total Cost of Attendance. Outside funds first reduce the Student Employment award, then the Expected Family Contribution; then, if all outside resources together exceed $5,000 for the year, or if Student Employment and Expected Family Contribution have both been fully replaced, aid awarded from Davidson will be reduced as well. This treatment will be applied each year the scholarship or resource is renewed up to a maximum of four years or eight semesters. In all cases, students must complete and submit the Outside Resources Form as soon as possible after they are notified of their outside award, so award adjustments may be made as needed.
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.