University of Notre Dame Financial Aid and Scholarships
Students Receiving Aid
61%
Total Aid Amount
$196.895M
Financial Aid Official Website
financialaid.nd.edu
Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship. Notably, 68% of the students at University of Notre Dame get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $15,017,009. For additional information about financial assistance schemes, one can head over to UND’s financial aid page at http://financialaid.nd.edu. The total percentage of candidates applying to University of Notre Dame who receive the Federal Grant is 10%. In comparison, 56% of the students are awarded the Student Grant, 55% get the Institution Grant, and 10% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $7,040, the State Grant receivers and Institution Grant beneficiaries get $4,833 and $40,183, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,709. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $58,205 on average in a year. The average aid amount stands at $53,592 for an annual family income between $30,001 and $48,000. This amount comes to $53,064 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $45,311 for those with an annual family income between $75,001 and $110,000, and at $25,418 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 32% of the applicants to University of Notre Dame opt for student loans.
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