The total cost of attendance at University of Notre Dame 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.
What financial aid options does Notre Dame offer, and what will you qualify for? Keep scrolling for answers.
University of Notre Dame average financial aid offer for freshmen students is $44,185.00. Financial aid is provided to about 68% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at University of Notre Dame.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by University of Notre Dame.
56% of incoming freshmen (1147 total) were given scholarships at University of Notre Dame, averaging $42,812.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 11% of freshmen (233 total) received a federal grant, for about $6,865.00 a person.
Amount of Financial Assistance Per Income Level
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 4.63% | $64,300.00 |
Income 30k-48k | 3.02% | $65,036.00 |
Income 48k-75k | 4.19% | $60,152.00 |
Income 75k-110k | 3.71% | $55,203.00 |
Income 110k + | 17.36% | $29,200.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 2051 undergraduate students at University of Notre Dame around 68% (1151 total) receive some form of grant aid. The typical amount awarded was $44,185.00.
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.