Through a historic decision made by the college community and Board of Trustees, The Davidson Trust meets 100 percent of demonstrated financial need of accepted students through a combination of grants and campus employment, without relying on loans.
In support of the college's longstanding commitment to need-blind admission, The Davidson Trust makes it possible for talented students from all backgrounds to imagine coming to Davidson, and for graduates to plan for their futures based on their interests and passions.
Davidson was the first liberal arts college in the nation to establish this type of program, in part because affordability of education has always been a priority for the college. Davidson's founders were determined to keep the cost of education within the reach of many in our land, who could not otherwise obtain it. The Davidson Trust helps realize that historic goal, and through it, sustains a diverse academic community united by intelligence, curiosity, courage, ambition, and character. By ensuring access for all students, Davidson keeps faith with its past and secures its future.
In 2012, Davidson alumnus and long-time supporter Edward L. "Ted" Baker '57, bequeathed the college a $25-million gift in support of The Davidson Trust.