by our College Data Analytics TeamThe total cost of attendance at Notre Dame of Maryland University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at NDMU and learn what assistance you might qualify for by continuing to read.
$32,691.00 is the typical Notre Dame of Maryland University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Notre Dame of Maryland University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of new students (86 total) were given scholarships at Notre Dame of Maryland University, averaging $24,483.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 90% of first-year students (77 total) got a federal grant, for about $5,146.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 39.53% | $38,256.00 |
| Income 30k-48k | 15.12% | $36,323.00 |
| Income 48k-75k | 6.98% | $31,086.00 |
| Income 75k-110k | 19.77% | $27,244.00 |
| Income 110k + | 9.30% | $20,391.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
86 NDMU undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $32,691.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
