Davidson College

In 2022, tuition for full-time students at Davidson College was $58,970 a year.

Tuition increased 4.28% in 2023–from $56,550 the prior year. On average, college tuition rises about 3% year.

If these numbers seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is much less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make thecost of college feel more doable until you're done with college.

Davidson College meets 100% of the demonstrated financial need for undergraduates. First-year students that attend Davidson College full-time are awarded $57,439 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $23,409 per student, not including those with no debt.

Does Davidson College Offer In-State and Out-of-State Tuition?

Davidson College is a private, religious institution, which means it has the same tuition for students from North Carolina as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as North Carolina residents.

Attending a college where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the total cost of attending college. Be sure to verify your state's eligibility criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.

Explore other North Carolina colleges

Davidson College International Student Tuition

Tuition at Davidson College is the same for all students.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at Davidson College:

•On-campus jobs •Loans from outsideDavidson College •Athletic Awards •Davidson College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Davidson College Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Davidson College.

Room and Board Costs at Davidson College

Room and board at Davidson College is $16,400 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of a mean plan, or board-only, is $8,200.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Davidson College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways for students with financial need to get help covering these costs.

The Cost of Transportation at Davidson College

The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. At Davidson College, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city could be expensive, but cities may offer more trains, busses or affordable flights to actually get to school. The Davidson College campus is located in a suburb in North Carolina, near Charlotte.

Other Costs

When budgeting for college, be sure to consider personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Total Tuition and Expenses at Davidson College

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Davidson College.

How Much Does Davidson College Cost?

What will the cost of attending Davidson College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$58,970
Room and Board	$16,400
Board Only	$8,200
Other expenses	$1,325

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$77,235
Off-Campus	$69,035

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Davidson College Financial Aid

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The majority of Davidson College undergrads use financial aid to help pay for school. In 2023, 993 of the 1,927 undergrads enrolled received financial aid. Davidson College meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $57,439 a year. Around 22% of Davidson College undergrads take out student loans to cover any remaining costs. Davidson College graduates who have student loans graduate with an average of $23,409 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$14,976
Private Loans	$51,751

Most Common Loans for Davidson College Students
Federal Loans	21%
Private loans	4%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Davidson College financial aid, keep reading, or visit their financial aid website.

Scholarships at Davidson College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Davidson College awarded 989 need-based scholarships to students, giving away total of $52.9 million to help students with financial need cover the cost of school. An additional $5.4 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Davidson College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Davidson College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Davidson College was $57,439 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Davidson College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,796
Off-Campus	$11,596

What will attending Davidson College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Davidson College's net cost calculator on their website.

Davidson College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Davidson College does not have guaranteed tuition.

Davidson College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Davidson College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Davidson College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Davidson College's endowment was $905.9 million. The average college endowment was $905 million in 2021.

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Learn More About Davidson College

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