Holy Cross College
Notre Dame, IN 46556-0308 — Private Nonprofit
Value Score: 60/100 | ROI Score: -66 | Affordability Score: 55/100
Tuition (In-State): $36,600 | Out-of-State: $36,600
Acceptance Rate: 75.2% | Graduation Rate: 49.7% | Retention Rate: 70.4%
Median Earnings (10yr): $50,416 | Median Debt: $24,000
ACT Midpoint: 31
Student Body Size: 639 (small)
Pell Grant Recipients: 29.8% | Federal Loan Rate: 70.7%
Average Faculty Salary: $7,176/month
Tuition & Affordability Analysis
In-state tuition at Holy Cross College is $36,600 per year, which is 7% below the national average for private institutions.
Out-of-state students pay $36,600/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $146,400 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Holy Cross College:
- Families earning $0–$30,000: $15,377/year
- Families earning $30,001–$48,000: $13,673/year
- Families earning $48,001–$75,000: $17,036/year
- Families earning $75,001–$110,000: $22,701/year
- Families earning $110,000+: $35,603/year
Low-income families receive an average discount of $21,223/year, paying just 42% of the sticker price.
Admissions Snapshot
Holy Cross College has an acceptance rate of 75.2%, placing it in the Less Selective (70–85%) category. This means roughly 212 students apply each year.
The ACT midpoint is 31, 48% above the national average.
Graduate Outcomes & Return on Investment
49.7% of students at Holy Cross College complete their degree, 20% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 70.4% (13% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Holy Cross College earn a median salary of $50,416 ten years after enrollment, 23% above the national average. This represents a $15,416/year earnings premium over the average high school diploma holder, or $462,480 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $24,000, 12% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $260/month, with a total repayment of $31,200 (including $7,200 in interest).
Debt-to-Earnings Ratio: 0.48x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Holy Cross College pays for itself in approximately 10 years. This is a reasonable investment timeline.
Financial Aid Profile
29.8% of students at Holy Cross College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 10% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
70.7% of students take federal loans, 50% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $7,176/month, 18% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Holy Cross College enrolls 639 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 67/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 50%, Hispanic 27%, Black 7%, Asian 2%.
Holy Cross College: Liberal Arts Focus with Mixed Academic and Financial Outcomes
- Holy Cross College: A Community-Focused Education with Questionable Financial Returns
- Beyond the Classroom: Exploring Career Paths for Holy Cross College Graduates
- The Notre Dame Neighbor: Experience and Opportunity at Holy Cross College
Report Card: Overall Grade D+
Holy Cross College receives an overall grade of D+ based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C+
- Affordability: B
College Analysis
Holy Cross College is a Private Nonprofit institution in Notre Dame, IN with approximately 639 students. Academics: Strong focus on liberal arts with a high admission rate. Value: Moderate tuition with a below-average ROI, indicating potential financial risk. Outcomes: Graduates earn above-average salaries but have a below-average graduation rate.
The Verdict: Is Holy Cross College Worth It?
Holy Cross College presents a challenging value proposition, primarily due to its median earnings falling significantly below its tuition costs and the national average. With a median 10-year earning of $50,416 against an annual tuition of $36,600, graduates face a substantial financial hurdle. The median debt of $24,000, while not excessively high, adds to this burden. The ROI score of -66 starkly indicates that, on average, graduates do not recoup their investment within a typical timeframe, and may never fully recover the cost of their education through increased earnings. While the college offers a personalized, small-school experience and a supportive community, the financial return on investment is a significant concern. The cost of attendance, when compared to the projected earnings, suggests that this is not a financially optimal choice for many students seeking a strong return on their educational investment. It is likely a hidden gem only for those who prioritize the specific educational philosophy and community over immediate financial outcomes, or who have clear pathways to high-paying graduate programs or careers not reflected in the median earnings data. For most, it appears overpriced.
Return on Investment
While Holy Cross College offers a strong liberal arts education and above-average earnings, the below-average graduation rate and moderate ROI suggest that the degree may not be fully worth the cost for some students.
Debt Reality Check
Median student debt at Holy Cross College: $24,000. Monthly payment on a standard 10-year plan: $273/month. Total repaid: $32,760 ($8,760 in interest).
Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $32,760.
Strengths
- Strong liberal arts education
- Moderate tuition
- Above-average earnings 10 years post-graduation
Weaknesses
- Below-average graduation rate
- Moderate ROI
- Low diversity in student body
Academic Profile
ACT Midpoint: 31. Retention Rate: 70.4%.
Holy Cross College's academic profile is defined by its commitment to personalized education within a supportive, liberal arts framework. While specific departmental rankings are not readily available, the college emphasizes strong undergraduate teaching and faculty accessibility. The student-faculty ratio, though not explicitly provided, can be inferred to be low given the small student population of 639, suggesting ample opportunities for one-on-one interaction with professors. Faculty quality is often a hallmark of smaller institutions, and at Holy Cross, instructors are dedicated to mentoring students. Notable programs often include those in Business, Education, and various Humanities and Social Sciences, reflecting a broad liberal arts foundation. Research opportunities for undergraduates are likely integrated into coursework and faculty-led projects, providing hands-on experience. The college's honors program, if available, would offer a more rigorous academic path for high-achieving students, likely involving specialized seminars and a capstone project. Academic support resources are crucial at a college of this size, and students can expect access to tutoring services, writing centers, and academic advising designed to help them navigate their coursework and plan for post-graduation. Study abroad programs, while perhaps not as extensive as at larger universities, are typically available and encouraged to broaden students' perspectives. The focus is on providing a solid academic grounding that prepares students for further study or entry into the workforce, with a strong emphasis on critical thinking and communication skills.
Financial Aid Guide for Holy Cross College
Pell Grant recipients: 29.8%. Students taking federal loans: 70.7%.
Navigating financial aid at Holy Cross College involves understanding the blend of merit-based and need-based aid available to its students. Given the sticker price of $36,600, financial aid is a critical component for most families. Holy Cross is known to offer merit scholarships, which are awarded based on academic achievement, such as GPA and potentially high school coursework. These scholarships can significantly reduce the net cost of attendance for eligible students. In addition to merit aid, the college provides need-based grants and institutional aid, determined by a family's demonstrated financial need as assessed through the FAFSA and potentially the CSS Profile. For students with high financial need, federal programs like Pell Grants and state grants will also be factored into their aid package. Work-study opportunities are often available, allowing students to earn money through part-time campus jobs to help cover living expenses. Typical aid packages can vary widely, but for families with an Expected Family Contribution (EFC) below $10,000, it's common to see aid packages that cover a substantial portion of tuition and fees, potentially reaching $20,000-$25,000 or more in grants and scholarships. For middle-income families, merit scholarships might play a larger role in offsetting costs. Negotiating financial aid at smaller private colleges like Holy Cross can be challenging but is sometimes possible, especially if you have competing offers from similar institutions or if there has been a significant change in your family's financial circumstances. It's always advisable to contact the financial aid office directly to discuss your specific situation. Scholarship tips include applying early, researching external scholarships, and highlighting any unique talents or experiences in your applications.
Hidden Costs at Holy Cross College
- Room and board costs can add an estimated $12,000 - $15,000 per academic year.
- Textbooks and course materials can range from $800 to $1,200 annually.
- Personal expenses, including toiletries, laundry, and entertainment, might total $1,500 - $2,500 per year.
- Transportation costs, especially for students traveling home or exploring the region, can vary significantly but budget at least $500 - $1,000 annually.
- Student activity fees, often bundled but sometimes itemized, could be around $100 - $300 per semester.
- Health insurance, if not covered by a parent's plan, can add $2,000 - $4,000 per year.
- Parking permits for students with cars can cost $100 - $300 annually.
Alumni Outcomes & Career Paths
Holy Cross College, a small private institution in Notre Dame, Indiana, offers a focused educational experience that translates into specific career pathways for its graduates. While comprehensive data on major employers and specific internship pipelines is not readily available for such a small college, the general trajectory for alumni often involves leveraging the college's strong ties within the Midwest region. Graduates tend to find opportunities in sectors that value a liberal arts foundation, including education, healthcare, social services, and business administration. Many alumni pursue further education, with a notable percentage enrolling in graduate programs for fields like counseling, social work, and theology. The career services office at Holy Cross College likely emphasizes personalized guidance, helping students connect with local and regional opportunities. Given its size and location, internship opportunities might be concentrated within the greater South Bend area and extend to larger metropolitan centers like Chicago, which is approximately a two-hour drive away. Companies in the healthcare sector, such as Memorial Hospital of South Bend, and educational institutions within Indiana and neighboring states are common initial employers. While specific notable alumni are not widely publicized, the college fosters a close-knit community, suggesting that alumni networks, though perhaps smaller, can be highly engaged and supportive in career development. Geographic hiring patterns often reflect the college's Midwestern roots, with a significant portion of graduates remaining in Indiana, Michigan, and Illinois.
Campus Life & Culture at Holy Cross College
Holy Cross College attracts students seeking a personalized, values-driven educational experience within a supportive community. The student body tends to be composed of individuals who appreciate a smaller college setting and are drawn to its Catholic heritage and liberal arts focus. Students who thrive here are often engaged, community-minded, and looking for a place where they can build strong relationships with peers and faculty.
Holy Cross College, nestled in the vibrant academic ecosystem of Notre Dame, Indiana, offers a distinct campus experience characterized by its close-knit community and intentional focus on student development. With a small student body of around 639, the 'vibe' here is undeniably personal. You'll find students who appreciate a more intimate setting where faculty and peers genuinely know each other. The campus itself is compact and walkable, fostering easy interaction. Housing is primarily on-campus, with options typically available for all four years, though specific hall assignments and room types can vary. Expect a communal living experience that encourages bonding. Dining services are centralized, providing a convenient hub for meals and social gatherings, often featuring student favorites and accommodating dietary needs. Student organizations are diverse, ranging from academic clubs and faith-based groups to intramural sports and service-oriented initiatives. Given the college's Catholic heritage and mission, Campus Ministry plays a significant role, offering spiritual and community-building activities. While not a major focus for every student, athletics are present, with intramural and club sports providing avenues for recreation and competition. The social scene is less about large, anonymous parties and more about organized events, floor activities, and gatherings within the student body. Students often leverage the proximity to the University of Notre Dame and Saint Mary's College for broader social and cultural opportunities, creating a rich, albeit contained, collegiate environment. The emphasis is on building meaningful relationships and engaging in activities that align with the college's values of learning, community, and faith.
Campus Highlights
- The intimate, close-knit community fostered by a small student body.
- Its location adjacent to the University of Notre Dame, offering access to broader cultural and academic resources.
- A strong emphasis on Catholic values and the Holy Cross mission, integrated into campus life.
- Personalized attention from faculty due to a likely low student-faculty ratio.
- A walkable, manageable campus environment conducive to strong peer relationships.
- Opportunities for spiritual growth and engagement through Campus Ministry.
- A focus on developing well-rounded individuals through a liberal arts education.
Location & Regional Advantages
Holy Cross College's location in Notre Dame, Indiana, offers a unique blend of academic prestige and Midwestern charm. Situated adjacent to the University of Notre Dame, it benefits from the intellectual atmosphere and resources of a larger, renowned institution, though direct collaboration may be limited. The immediate South Bend area provides a modest but stable job market, particularly in healthcare (e.g., Memorial Hospital), education, and local businesses. The cost of living in South Bend is significantly lower than in major coastal cities, making the overall financial picture more manageable for graduates. Proximity to Chicago, a major economic hub, is a key advantage, offering access to a vast array of industries including finance, technology, media, and logistics, all within a roughly two-hour drive. This allows Holy Cross graduates to tap into a broader job market without needing to relocate far from their alma mater. The quality of life in the region is characterized by a friendly, community-oriented atmosphere, with access to parks, lakes, and cultural events. While the weather experiences distinct seasons, including cold winters, the overall safety and affordability of the area are attractive. This geographic positioning enables graduates to pursue diverse career opportunities, from local engagement to leveraging the resources of a nearby metropolis, providing a balanced approach to post-graduation career planning.
How to Get Into Holy Cross College
Gaining admission to Holy Cross College, with its 75.2% acceptance rate, suggests a moderately selective process where a strong academic record and a genuine interest in the college's mission are key. While Holy Cross College does not appear to offer Early Decision or Early Action programs, applying during the regular decision window is standard. The admissions committee likely values students who demonstrate a clear understanding of and alignment with the college's Catholic, Holy Cross tradition, emphasizing community, compassion, and scholarship. A solid GPA, particularly in college preparatory courses, is essential. While SAT/ACT scores are not provided, strong performance in high school coursework is the primary indicator. Crafting a compelling essay is crucial; focus on personal growth, experiences that have shaped your values, or how you envision contributing to the Holy Cross community. Essays that reflect on service, faith, or a commitment to learning in a supportive environment tend to resonate well. Demonstrated interest is often considered at colleges of this size; this can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. Submitting your application well before the deadline is always recommended to ensure all materials are processed smoothly. The timeline typically involves applying in the fall or early winter, with decisions released in the spring.
How Holy Cross College Compares to Similar Schools
Similar schools: Saint Mary's College (IN), Bethel University (IN), Indiana University South Bend, Trine University
Advantages
- Stronger sense of community and personalized attention due to smaller size.
- Proximity to the University of Notre Dame campus, offering a unique academic environment.
- Lower cost of living in the South Bend area compared to some other private institutions.
Disadvantages
- Significantly lower median graduate earnings compared to many peers.
- Lower graduation rate suggests potential challenges in student retention or academic support.
- Less diverse range of academic programs and fewer robust internship/career pipelines compared to larger or more established institutions.
Best For
- Students looking for a high graduation rate or a strong ROI may want to consider other options.
- Students with a strong preference for a diverse student body may find Holy Cross College less appealing.
Avoid If
- Students seeking a highly specialized technical education may not find Holy Cross College to be the best fit.
- Students with a high need for financial aid may want to explore more affordable options.
Frequently Asked Questions about Holy Cross College
How much does it cost to attend Holy Cross College?
In-state tuition at Holy Cross College is $36,600 per year, and out-of-state tuition is $36,600 per year. The median student debt at graduation is $24,000.
What is the acceptance rate at Holy Cross College?
Holy Cross College has an acceptance rate of 75.2%.
What is the graduation rate at Holy Cross College?
Holy Cross College has a graduation rate of 49.7%.
How much do Holy Cross College graduates earn?
The median earnings for Holy Cross College graduates 10 years after enrollment is $50,416. With median debt of $24,000, graduates earn roughly 2.1x their debt level annually.
How big is Holy Cross College?
Holy Cross College has approximately 639 students and is classified as a small institution. It is located in Notre Dame, IN and is a Private Nonprofit institution.
Is Holy Cross College worth the cost?
Holy Cross College has an ROI score of -66 out of 100. With in-state tuition of $36,600 per year and median post-graduation earnings of $50,416, the data suggests the return on investment may be below average.
Where is Holy Cross College located?
Holy Cross College is located in Notre Dame, IN. It is a Private Nonprofit institution with approximately 639 students.
How much student debt do Holy Cross College graduates have?
The median student debt for Holy Cross College graduates is $24,000. With median earnings of $50,416 ten years after enrollment, graduates can expect a debt-to-income ratio of 48%.
Is Holy Cross College a good college?
Holy Cross College has a graduation rate of 49.7% and median post-graduation earnings of $50,416. High white student population (50.39%)
How does Holy Cross College compare to similar colleges?
Low Asian student population (1.72%) Compared to peer institutions, Holy Cross College offers a strong liberal arts education but has a below-average graduation rate and a moderate ROI, making it a mixed-value proposition.
What career prospects do Holy Cross College graduates have?
Graduates of Holy Cross College are well-positioned for careers in various fields, particularly those requiring strong analytical and communication skills.
What should prospective students know about Holy Cross College?
Holy Cross College is well-suited for students seeking a traditional liberal arts education in a small, private, and affordable setting.
What makes Holy Cross College stand out?
Moderate tuition for in-state and out-of-state students
What are the pros and cons of attending Holy Cross College?
Above-average earnings 10 years post-graduation
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.