The Board of Trustees approved a four percent increase to Duke’s undergraduate cost of attendance at its quarterly meeting, which concluded Saturday.
The total cost of attendance will be $79,338 for the 2022-2023 academic year, according to a Saturday news release. Tuition will be $60,435 and room, board and required fees for student health, recreation, activities and services will be $18,903.
The trustees also approved a 3.1% tuition increase for more than 35 graduate and professional degrees. They “reaffirmed Duke’s commitment to providing additional investments for financial aid to cover the increase for students who require it,” according to the news release.
Duke has invested more than $1.5 billion in undergraduate students’ financial assistance since 2012, according to the release. For the 2021-2022 academic year, 51% of Duke undergraduates receive some form of financial assistance, including “aid based on family resources, athletics and endowed competitive scholarships.”
The average total financial aid package for eligible first-year students who entered in 2021 was $57,726, according to the release. Approximately 21% of those who entered in 2021 received financial aid that covered the full cost of tuition.
The previous undergraduate tuition increase in 2021 raised the cost of attendance by 3.5%, bringing it to its current cost of $76,270.
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Milla Surjadi is a Trinity junior and editor-in-chief of The Chronicle's 118th volume.