by our College Data Analytics TeamMany students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to University of Notre Dame can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Notre Dame offer you, and what will you qualify for? Read on for more information. Read on to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of Notre Dame.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at University of Notre Dame, 70% of the incoming full-time class was awarded financial aid some 1460 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $53,971 |
| Institutional grants & scholarships | 60% | $51,838 |
| Federal Pell grants | 16% | $6,059 |
| State/local grants | 1% | $10,061 |
| Federal student loans | 21% | $4,034 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 61% of the undergraduate population received grant aid that averaged $51,626 (covering around 5498 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $51,626 |
| Federal Pell grants | 14% | $6,013 |
| Federal student loans | 25% | $5,574 |
For students living on campus and receiving title-IV aid, grants averaged $56,491.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,888 |
| $30,001 – $75,000 | $10,892 |
| Over $75,000 | $41,762 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,780 |
| Off-campus title-IV students | $27,823 |
To get a personalized net price estimate, try Notre Dame’s net price tool: financialaid.nd.edu/.
A typical borrower at Notre Dame leaves with $19,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $19,000 |
| Typical 10-year monthly payment (graduates) | $201.43/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Notre Dame.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,000 |
| 25th percentile | $13,500 |
| 75th percentile | $27,250 |
| 90th percentile (highest-debt students) | $33,350 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,260 |
| Middle income | $17,500 |
| High income | $19,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Notre Dame.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Notre Dame:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18028 |
| Total Stafford loan amount | $381,193,244 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 144 |
| Total GI Bill amount | $5,190,515 |
| Average GI Bill amount per recipient | $36,045 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.