Frequently Asked Questions

Merit Scholarships

HOW ARE THE MMS: DUKE KUNSHAN UNIVERSITY (DKU) MERIT SCHOLARSHIPS DETERMINED?

Merit scholarship recipients are selected by an Admissions Merit Scholarship Committee. Merit scholarships are awarded based on a candidate's overall profile. The merit scholarship awards are made independent of determining a student's eligibility for student loans.

DOES DUKE KUNSHAN UNIVERSITY OFFER OTHER SCHOLARSHIP OR GRANT ASSISTANCE?

Merit scholarship awards are the only form of gift assistance offered by Duke Kunshan University.

Student Aid (i.e., Loans)

IS IT POSSIBLE TO BORROW FUNDS TO MEET THE COSTS OF ATTENDING MMS: DUKE KUNSHAN UNIVERSITY?

A variety of student private student loan programs are available to students enrolled in MMS: Duke Kunshan University to meet the cost of tuition, fees, books, and related living expenses as estimated in the Cost of Attendance.

Please see the available private alternative student loan options as listed on Duke University’s list of Private Loan Options.

I RECEIVED MY AID OFFER BUT HAVE ADDITIONAL QUESTIONS ABOUT THE INFORMATION I RECEIVED.

First, we recommend that students read the general information and loan instructions included in the loan aid offer notice. If there are remaining questions, contact our financial aid office.

WHEN SHOULD I START CONTACTING LENDERS TO APPLY FOR PRIVATE ALTERNATIVE STUDENT LOANS?

Since private alternative student loan programs are credit-based, students who anticipate borrowing private alternative student loans may consider contacting private lenders in early March to make certain that they are creditworthy loan borrowers for the upcoming academic year.

Private alternative student loan applications are completed and processed electronically. Students may visit a lender's website to apply for a loan. Subsequently, lenders will transmit loan request to our financial aid office, so the loan may be certified and processed electronically.

WHEN DO I REPAY MY STUDENT LOANS?

Students officially enter their loan prepayment after the end of the grace period (a deferred period before repayment begins) for each loan. The grace period for private alternative student loans may be 6-9 months, depending on the lender.

Before starting loan repayment, student borrowers should receive a repayment schedule from the lender of your student loans. This disclosure should inform the borrower of the total amount borrowed, the current interest rate, the monthly and total amount that should be paid over the repayment period of the loan.

HOW ARE LOAN FUNDS DISBURSED TO PAY UNIVERSITY CHARGES?

Student loans are disbursed to your Duke student account for the full amount. After deducting the amount due to Duke for non-tuition charges, Duke University’s Bursar will issue a refund to you. You will then use this refund to pay your tuition directly to Duke Kunshan University. More information about Duke University’s refund policy may be found at University Bursar Office website.