Average Annual Tuition at Duke University
The latest data we have for Duke University's annual average net costs are from 2018. These costs and and the average North Carolina schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
|In-state Tuition||Out-of-state Tuition||Median Debt||Avgerate Net Cost|
As you can see, annual costs at Duke University have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in North Carolina as well. North Carolina's' higher education costs rose by 45.9% in just the last 10 years, ranking as the 14th highest state.
Duke University Financial Assistance
20% of students enrolled at Duke University receive some form of Federal loan assistance. You can view Duke University's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
The National College Savings Program has simplified its 529 investment menu in recent years and now offers age-based and static portfolios using Vanguard funds, a fixed-income option managed by the state treasurer, and a federally-insured deposit account with the State Employees’ Credit Union.
|State Plan Name:||College Foundation of North Carolina|
|Maximum Contribution:||up to $450,000 per beneficiary|
|Fees:||0.25% annual administrative fee, calculated based on the portion of an account's daily balance invested in the investment option(s) chosen and deducted directly from investor’s account.|
North Carolina School Statistics
We've analyzed all other higher education schools in NC, and wrapped it up nicely into a report for you. View our NC analysis report.
There are 57 other accredited private schools located in the state of North Carolina. You can view all NC schools here.