Available Grants at Duke University
A study grant to Duke University can alleviate the stress of having to pay the full amount needed to attend the top university. At Duke, you will need $53,265 a year to pay for your tuition, on campus residence, books and other supplies. This package is actually the best unless you can stay with a family near the university.
Grants
What makes grants especially ideal is that they are basically free money that are awarded to students who are financially in need. This places grants in a safer spot between student loans and merit-based scholarships. With student loans, you have to repay the amount after graduation. The total amount will expand due to interest. With merit-based scholarships, you need exceptional grades to qualify. You also have to compete with several deserving Duke students. There are also not many of these academic scholarships to go around even if you do have those exceptional grades to support your application.
Examples of federal grants include the Federal Supplemental Educational Opportunity Grant (FSEOG). You must be pursuing your first bachelor’s degree and must not have an overpayment on another grant, the Federal Pell Grant. Even non-US citizens who are eligible for the grant can be awarded with the FSEOG. An FSEOG can award up to $4,000 a year. Both the FSEOG and the Pell Grant are awarded to students who are in dire financial need. Grants, such as the Academic Competitiveness Grant and the SMART grant require the maintenance of a certain GPA to qualify. As with loans, you have to fill out a Free Application for Federal Student Aid (FAFSA) form for your case to be assessed.
Grants are not perfect, though. They may support those who are financially in need despite the absence of star quality grades and they may also be free money but they may not fully fund even just your tuition. However, you may be awarded with more than just one grant. Put together, those grants can help you finance your Duke University education.