Starting today, high school students applying to Davidson College can get an estimate of how much they will pay by answering a half-dozen, quick questions on their smartphone.
Davidson has partnered with MyinTuition to create a fast, free, user-friendly app that will help applicants navigate a financial aid process that can be as intimidating as applying to college in the first place.
MyinTuition requires no tax forms and no jargon. Users answer six questions with readily known financial information to receive a cost estimate for attending Davidson that includes financial aid.
"This tool provides a clear look at Davidson College's deep, longstanding commitment to access," said Chris Gruber, vice president and dean of admission and financial aid. "It quickly shows a family what they may likely contribute to their college costs, and allows them to see Davidson as an option."
Davidson does not package loans in their financial aid awards. The Davidson Trust enables the college to meet 100 percent of demonstrated need with grants and student employment, putting a Davidson education within reach of all qualified (admitted) students.
It takes the average user three minutes to complete the form, and the user remains anonymous. The college does not retain any personally identifying information.
Davidson's MyinTuition highlights the college's long-standing commitment to access to education through The Davidson Trust and no loan policy. Approximately 51 percent of the class of 2021 received financial assistance from Davidson, with an average aid package of $45,000.
Davidson joins approximately 50 other institutions who have used MyinTuition to clarify their costs of attendance. Between April 2017 and January 2018 alone, more than 150,000 people used the tool to generate college estimates.