Duke Endowment Awards $24 Million to Davidson College

Duke Endowment Awards $24 Million to Davidson College

The Duke Endowment has announced a $24 million gift to Davidson College in support of scholarships for talented students.

The fourth largest gift ever to the college will expand the James B. Duke Scholars Program, enabling it to provide full-tuition support to five students per class — up from the current three  — beginning with the class of 2025. Duke scholars will participate in programming designed to strengthen their skills and develop their scholarly potential.

"The James B. Duke Scholars Program enables us to equip graduates to utilize their exceptional abilities in the context of what the world needs from them," said Davidson College president Carol E. Quillen. "We can build a cohort of top students from all backgrounds who learn with, and from, each other. The Duke Endowment and Davidson long have partnered in leveraging scholarships to recruit academically talented students and expand educational opportunities, knowing the return will exceed their investment."

"The Duke Endowment is proud of its strong commitment to Davidson and its extraordinary students," said Duke Endowment board chair Minor Shaw. "This scholarship program will help the college provide further opportunities for top scholars to learn, innovate, and realize their full potential, and we are pleased to be part of that mission."