Financial Aid
Davidson Merit Scholarships and Financial Aid
Davidson gave merit aid averaging $35,495 to 19 first-year students who had no financial need, about 8% of the freshmen without need.
Merit aid
Scholarships Davidson gave to first-year students who had no financial need.
Average merit award
$35,495
Freshmen who got one
19
of 531 in the class
Share of those without need
8%
who received merit aid
Need-based aid
For first-year students the college found to have financial need.
Average need-based grant
$65,233
Average percent of need met
100%
Freshmen with need
57%
301 students
The average total aid package, which can include loans and work-study, was $74,826.
How to read these numbers
- Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
- The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
- A grant does not have to be repaid. A package can include loans, which do.
Frequently asked questions
Does Davidson give merit scholarships?
Davidson gave merit aid averaging $35,495 to 19 first-year students who had no financial need, about 8% of the freshmen without need.
How much is the average merit scholarship at Davidson?
$35,495 for first-year students without financial need, according to Davidson's 2025-26 Common Data Set. That is an average across everyone who got an award, so individual offers run higher and lower.
Does Davidson meet full financial need?
Davidson reports meeting 100% of need on average for first-year students who were awarded need-based aid.
What share of Davidson freshmen have financial need?
301 of 531 first-time, full-time freshmen, or 57%, were found to have financial need.
Source: Davidson’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.