What is the average debt at Notre Dame graduation?

At University of Notre Dame, the median federal loan debt among borrowers who completed their undergraduate degree is $19,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $201.

What is the average amount of debt for a college graduate?

The average student loan debt borrowed for a four-year bachelor's degree was $30,500 in 2019-2020, according to the National Center for Education Statistics (NCES). The average federal student loan debt has more than doubled since 2007, from $18,233 in 2007 to $37,090 at the end of 2023.

What is the average financial aid at Notre Dame?

University of Notre Dame costs $30,513 after scholarships and grants, with 46% of students receiving financial aid and an average aid package of $60,694.

Is Notre Dame generous with financial aid?

Notre Dame is one of fewer than 60 schools in the nation that meet 100% of a family's financial need, as demonstrated through the Free Application for Federal Student Aid (FAFSA) and the CSS Profile.

Are Notre Dame students wealthy?

The median family income of a student from Notre Dame is $191,400, and 75% come from the top 20 percent.

A Commencement Charge from Fr. Ted

How prestigious is Notre Dame University?

The University of Notre Dame is ranked 18th (tie) out of 443 schools, or in the top 4% of the U.S. News National Universities ranking.

Is Notre Dame University expensive?

A Notre Dame Education is Within Reach

The estimated cost for books, personal expenses, and transportation is $3,200, for a total of $83,271.

How hard is it to get into Notre Dame?

University of Notre Dame admissions has an acceptance rate of 13% and an early acceptance rate of 20.7%. Half the applicants admitted to University of Notre Dame who submitted test scores have an SAT score between 1420 and 1550 or an ACT score of 32 and 35.

Is 50000 a lot of student debt?

The average student loan debt amount is slightly over $30,000. However, many borrowers owe $50,000 or more in student loan debt. This isn't impossible to overcome using the right repayment methods.

Is 50000 too much student debt?

There's a general rule floating around stating that your total student loan balance should not exceed your expected starting salary out of college. So if, based on your desired profession, you anticipate making $50,000 your first year after college, you wouldn't want your student loan balance to exceed $50,000.

Is $100,000 in student debt a lot?

Only a small percentage—about 6% of borrowers—owe $100,000 or more. Nationally, the average student loan balance per borrower is $39,032, so if you have $100,000 in student loan debt, you have about 2.5 times the national average balance. But your loan principal is just one part of the problem.

Is Notre Dame an Ivy?

The University of Notre Dame is not an Ivy League School.

Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University, and Yale University.

Is Notre Dame an elite university?

Notre Dame University is a private Catholic university with a strong history of academic excellence. According to U.S. News, this selective college ranks #18 among national universities.

Is it harder to get into Notre Dame or Duke?

Which school is easier to get into? If you're looking at acceptance rate alone, then Duke University is more difficult to get into. However, each college is looking to fill its incoming class with a variety of students with different strengths, backgrounds, etc.

Is Notre Dame a top tier school?

Yes, Notre Dame is considered a prestigious university. The Notre Dame acceptance rate makes it a selective university and its high rankings reflect its prestige. U.S. News ranks Notre Dame #18 in National Universities, #9 in Best Undergraduate Teaching, and #22 in Best Value Schools.

How do people afford Notre Dame?

There are a number of ways to help fund your education. Notre Dame administers financial aid resources from institutional, private, federal, and state student aid programs.

What is Notre Dame known for academically?

What majors and academic programs is the University of Notre Dame known for? The most popular majors at the University of Notre Dame are econometrics and quantitative economics; finance; political science and government; accounting; and computer and information sciences, among others.

Why is Notre Dame so popular?

Notre-Dame de Paris, cathedral church in Paris. It is the most famous of the Gothic cathedrals of the Middle Ages and is distinguished for its size, antiquity, and architectural interest.

Is Notre Dame hard academically?

In my experience, it was easy to maintain at least a 3.0, but difficult to get above a ~3.7 cumulative. Nobody can really tell you for sure, but I'd just say that you should prepare mentally to get lower grades than you're probably used to. It's far more difficult than high school, for sure.

Why is Notre Dame University so popular?

As a top national research institution, Notre Dame offers a world-class academic experience with opportunities for student research, creative pursuits, and projects that go beyond the classroom.