by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Notre Dame of Maryland University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will NDMU offer, and what will you qualify for? Read on for more information. Keep reading to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Notre Dame of Maryland University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Notre Dame of Maryland University, 99% of entering full-time freshmen got some type of financial assistance roughly 190 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $38,078 |
| Institutional grants & scholarships | 99% | $31,629 |
| Federal Pell grants | 51% | $5,863 |
| State/local grants | 38% | $8,931 |
| Federal student loans | 58% | $5,563 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At NDMU, roughly 72% of undergraduates were awarded grant or scholarship aid averaging $29,352 (across approximately 491 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $29,352 |
| Federal Pell grants | 36% | $5,428 |
| Federal student loans | 49% | $7,114 |
For on-campus title-IV students, average grant aid came to $40,151.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,601 |
| $30,001 – $75,000 | $22,232 |
| Over $75,000 | $28,983 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,169 |
| Off-campus title-IV students | $24,536 |
To project your own net price, use NDMU’s online cost calculator: www.ndm.edu/admissions-aid/financial-aid/financial-aid-calculator.
The middle student in the debt distribution at NDMU owes $17,990 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,990 |
| Median federal debt (graduates only) | $22,666 |
| Typical 10-year monthly payment (graduates) | $240.3/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at NDMU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,075 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,666 |
| Middle income | $19,839 |
| High income | $17,745 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,750 |
| Continuing-generation students | $17,990 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,500 |
| Independent students | $18,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. NDMU.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at NDMU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6835 |
| Total Stafford loan amount | $243,572,816 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $152,878 |
| Average GI Bill amount per recipient | $11,760 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.