Trustees' Merit Scholarship — Dayton's top automatic tier
The Trustees' Merit Scholarship is Dayton's highest published merit tier at $31,000 to $33,000 per year, renewable for all four years (eight semesters) as long as the recipient maintains academic standing. Unlike many top-tier private-school scholarships at peer institutions, the Trustees' award is fully automatic on the admission decision — there is no separate application, no on-campus interview weekend, and no essay competition. Dayton's published criteria are GPA, test scores (if submitted), and academic rigor. At the $33,000 top of the range, this covers roughly 64% of 2025-26 published tuition ($50,610), but leaves housing, meals, and fees (about $21,755 more) for the family. Combined with Dayton's net-tuition guarantee, the discounted tuition that the Trustees' award produces is locked at admission for all four years.