In 2005, Duke launched an effort to raise $300 million in new endowment for financial aid by December 31, 2008: $230 million for need-based undergraduate scholarships, $15 million for athletic scholarships, and $55 million for graduate and professional student support.
On November 7, 2008, at a campus celebration planned by the Student Advisory Council for Duke's Financial Aid Initiative, President Richard H. Brodhead announced that the university had reached its overall $300 million goal. But Duke still needs to raise more than $8 million to reach the largest component of the initiative's overall goal: endowment for need-based undergraduate scholarships.
Challenge funds are still available to match most need-based undergraduate scholarship gifts of $100,000+ on a dollar for dollar basis.
Learn more about the initiative and how it is making a difference for Duke students.