University of Notre Dame
Notre Dame, IN 46556 — Private Nonprofit
Value Score: 75/100 | ROI Score: -62 | Affordability Score: 55/100
Tuition (In-State): $65,025 | Out-of-State: $65,025
Acceptance Rate: 11.3% | Graduation Rate: 96.0% | Retention Rate: 99.1%
Median Earnings (10yr): $99,980 | Median Debt: $19,000
SAT Average: 1520 | ACT Midpoint: 34
Student Body Size: 8,818 (medium)
Pell Grant Recipients: 13.7% | Federal Loan Rate: 24.7%
Average Faculty Salary: $16,830/month
Tuition & Affordability Analysis
In-state tuition at University of Notre Dame is $65,025 per year, which is 65% above the national average for private institutions.
Out-of-state students pay $65,025/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: $260,100 (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 University of Notre Dame:
- Families earning $0–$30,000: $7,244/year
- Families earning $30,001–$48,000: $7,254/year
- Families earning $48,001–$75,000: $11,432/year
- Families earning $75,001–$110,000: $18,670/year
- Families earning $110,000+: $45,321/year
Low-income families receive an average discount of $57,781/year, paying just 11% of the sticker price.
Admissions Snapshot
University of Notre Dame has an acceptance rate of 11.3%, placing it in the Highly Selective (10–20%) category. This means roughly 19,561 students apply each year.
With an acceptance rate under 20%, University of Notre Dame is among the most competitive institutions in the country. Strong academics, extracurriculars, and compelling essays are essential.
The average SAT score of admitted students is 1520, 43% above the national average. This places University of Notre Dame among the top-tier institutions for academic preparedness.
The ACT midpoint is 34, 62% above the national average.
Graduate Outcomes & Return on Investment
96.0% of students at University of Notre Dame complete their degree, 55% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 99.1% (22% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.
Graduates of University of Notre Dame earn a median salary of $99,980 ten years after enrollment, 144% above the national average. This represents a $64,980/year earnings premium over the average high school diploma holder, or $1,949,400 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $19,000, 12% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $206/month, with a total repayment of $24,720 (including $5,720 in interest).
Debt-to-Earnings Ratio: 0.19x. 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 University of Notre Dame pays for itself in approximately 5 years. This is an excellent return on investment.
Financial Aid Profile
13.7% of students at University of Notre Dame receive Pell Grants (federal need-based aid for families earning under ~$60,000), 58% 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.
24.7% of students take federal loans, 48% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.
Average faculty salary: $16,830/month, 93% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
University of Notre Dame enrolls 8,818 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.
Diversity Index: 62/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 59%, Hispanic 15%, Black 5%, Asian 6%.
University of Notre Dame: Strong Academic Performance and High Earnings Potential
- Notre Dame: A Legacy of Leadership and Lucrative Careers
- Beyond the Golden Dome: Unpacking Notre Dame's ROI and Career Trajectories
- The Fighting Irish Factor: How Notre Dame Shapes Student Experience and Post-Grad Success
Report Card: Overall Grade C
University of Notre Dame receives an overall grade of C based on six dimensions:
- Academics: A+
- Value: F
- Outcomes: A
- Affordability: D
College Analysis
University of Notre Dame is a Private Nonprofit institution in Notre Dame, IN with approximately 8,818 students. Strong academic performance with a high graduation rate of 96%. High median earnings 10 years post-graduation at $99,980. Moderate tuition costs with no in-state/out-of-state difference. Good affordability score of 55, indicating moderate financial burden.
The Verdict: Is University of Notre Dame Worth It?
The University of Notre Dame presents a complex value proposition. With an out-of-state tuition of $65,025 and a median 10-year earning of $99,980, the initial financial outlay is substantial. The median debt of $19,000 is relatively low, which is a positive indicator. However, the ROI score of -62 suggests that, on average, graduates take a considerable amount of time to recoup their investment, especially when factoring in the full cost of attendance and potential opportunity costs. The strong alumni network and the prestige associated with a Notre Dame degree do translate into high-quality job placements and strong earning potential over the long term. For students who can secure significant financial aid or scholarships, the value proposition improves dramatically. For those paying full price without aid, the return on investment, while eventually positive due to high earning potential, is not as immediate as some other institutions. It's a good deal for those who leverage the network and career services effectively, but it requires a long-term perspective to justify the high upfront cost.
Return on Investment
While the degree is valuable, the high cost and debt may not provide a strong return on investment.
Debt Reality Check
Median student debt at University of Notre Dame: $19,000. Monthly payment on a standard 10-year plan: $216/month. Total repaid: $25,920 ($6,920 in interest).
Breakeven vs high school diploma: 0.3 years. Debt burden: Low. Salary needed for comfortable repayment: $25,920.
Strengths
- Strong academic programs and high graduation rates.
- High median earnings post-graduation.
Weaknesses
- Higher tuition and debt levels.
- Moderate affordability score.
Academic Profile
SAT Average: 1520. ACT Midpoint: 34. Retention Rate: 99.1%.
Notre Dame's academic reputation is stellar, consistently ranking among the top universities in the nation. The university is particularly renowned for its programs in business (Mendoza College of Business), engineering (College of Engineering), and the liberal arts and sciences. The College of Arts and Letters houses highly regarded departments such as Economics, Political Science, and English. The College of Science offers strong programs in Biology and Chemistry, with significant research opportunities. Undergraduates have ample access to faculty, with a student-faculty ratio of 9:1, and many professors are leaders in their fields, actively publishing and conducting research. The average monthly faculty salary, while not directly provided, is indicative of attracting top-tier talent. Research is a cornerstone of the Notre Dame experience, with numerous undergraduate research opportunities available through programs like the Undergraduate Research Opportunities Program (UROP), allowing students to work alongside faculty on cutting-edge projects. The Glynn Family Honors Program offers a more intensive academic experience for high-achieving students, with smaller class sizes and advanced coursework. Notre Dame also boasts a strong commitment to global learning, with a wide array of study abroad programs, including its own international campuses in London, Rome, and Tokyo. Academic support is robust, with resources like the Academic Success Center providing tutoring, writing support, and academic skills workshops.
Financial Aid Guide for University of Notre Dame
Pell Grant recipients: 13.7%. Students taking federal loans: 24.7%.
Navigating financial aid at Notre Dame requires understanding its commitment to meeting 100% of demonstrated need for all admitted students, regardless of citizenship status. This means that while merit aid is not explicitly offered, the university's robust need-based aid program is designed to make attendance accessible. For families with an annual income below $65,000, Notre Dame aims to cover all costs, including tuition, room, board, and fees, with grants and scholarships, meaning no loans are required. For families with incomes between $65,000 and $150,000, aid packages typically include a combination of grants, scholarships, and potentially a federal work-study component. The average need-based grant awarded is substantial, often covering a significant portion of tuition. Scholarship tips for prospective students include applying for external scholarships early and thoroughly researching those that align with your academic and extracurricular profile. While Notre Dame does not offer merit scholarships, excelling in academics and extracurriculars is crucial for admission, which is the gateway to their need-based aid. Negotiating financial aid at Notre Dame is generally not a standard practice, as their commitment is to meet demonstrated need comprehensively. However, if there's a significant change in financial circumstances after the initial award, contacting the financial aid office with supporting documentation is advisable.
Hidden Costs at University of Notre Dame
- Room and board costs are substantial, with the average for the 2023-2024 academic year estimated at $18,560.
- Student activity fees, which fund a wide range of campus organizations and events, can add approximately $300-$500 per year.
- Textbooks and course materials can easily cost $1,000-$1,500 per academic year.
- Personal expenses, including toiletries, laundry, and entertainment, can range from $1,500-$2,500 annually.
- Transportation costs, especially for students traveling home during breaks or for weekend trips, can vary widely but budget at least $500-$1,000 per year.
- Optional health insurance for students not covered by a parent's plan is approximately $3,000-$4,000 annually.
- Some specialized programs or field trips may incur additional fees, potentially ranging from $100-$500 per course or experience.
Alumni Outcomes & Career Paths
Graduates from the University of Notre Dame are highly sought after, entering a diverse range of industries and securing positions with prominent global employers. The university boasts strong recruitment pipelines into finance, consulting, technology, and engineering. Major financial institutions like J.P. Morgan, Goldman Sachs, and Morgan Stanley actively recruit on campus, as do top consulting firms such as McKinsey & Company, Boston Consulting Group, and Deloitte. In the tech sector, companies like Google, Microsoft, and Amazon are frequent destinations for Notre Dame alumni. Engineering graduates find opportunities at industry leaders like Boeing, General Electric, and ExxonMobil. Beyond these core areas, Notre Dame alumni are well-represented in healthcare, law, and education. The university also has a robust graduate school placement rate, with many students pursuing advanced degrees at top-tier institutions like Harvard, Stanford, and Yale Law School. Notable alumni span various fields, including former President of the United States Joe Biden, legendary football coach Lou Holtz, and numerous CEOs and leaders in business and public service. Notre Dame's career services are consistently ranked among the best, offering personalized guidance, extensive networking events, and robust internship support. The university's strong alumni network acts as a powerful internship pipeline, with graduates often mentoring current students and facilitating access to opportunities. Geographic hiring patterns show a strong presence in major metropolitan areas, particularly in the Midwest (Chicago, Detroit), the East Coast (New York City, Boston, Washington D.C.), and increasingly on the West Coast (San Francisco Bay Area, Los Angeles).
Campus Life & Culture at University of Notre Dame
Notre Dame attracts a driven and engaged student body, with a significant portion coming from outside Indiana, creating a diverse geographic mix. Students who thrive here are typically intellectually curious, possess strong leadership qualities, and are committed to community and service. The university fosters a sense of shared purpose and loyalty, making it an ideal environment for students seeking a close-knit, values-driven academic community.
Life at Notre Dame is an immersive experience, deeply intertwined with its Catholic heritage and a strong sense of community. The campus itself is breathtaking, with iconic landmarks like the Golden Dome, the Grotto of Our Lady of Lourdes, and the sprawling South Quad. Students often describe the 'vibe' as spirited, engaged, and deeply loyal. Social life revolves around dorms, known as 'neighborhoods,' each with its own unique traditions and social calendar. These dorms are central to the Notre Dame experience, fostering close-knit communities where students eat, sleep, and socialize. Popular spots include the Hammes Bookstore for a caffeine fix and study session, and the Stepan Center for campus events. While Notre Dame is a Division I athletic powerhouse, with football Saturdays being a legendary spectacle, social life isn't solely defined by sports. There are over 450 student organizations, ranging from academic clubs and service groups (like the Center for the Homeless) to cultural and recreational pursuits. Greek life exists but is less dominant than at some other private universities, with a strong emphasis on dorm-based social events. Dining halls, like North Dining Hall and South Dining Hall, are central gathering places, offering a variety of food options and a chance to connect with friends. The university strongly encourages students to participate in its robust Campus Ministry program, which offers numerous opportunities for spiritual growth and service. Expect a busy, engaged student body that values both academic rigor and a vibrant, community-focused social life.
Campus Highlights
- The iconic Golden Dome, a symbol of Notre Dame's prestige and beauty.
- The Grotto of Our Lady of Lourdes, a serene and spiritual space for reflection.
- Football Saturdays: The electric atmosphere surrounding home football games is legendary.
- The 'Neighborhoods': The unique and strong community bonds formed within each residential hall.
- The Hammes Notre Dame Bookstore: More than just a store, it's a campus hub.
- The University of Notre Dame's own international study centers in Rome, London, and Tokyo.
- The strong emphasis on Catholic faith and service, integrated into campus life.
Location & Regional Advantages
The University of Notre Dame's location in Notre Dame, Indiana, offers a unique blend of advantages and challenges for its students. While not situated in a major metropolitan hub, its proximity to Chicago, a global economic powerhouse, is a significant asset. This allows students to leverage internships and job opportunities in a diverse market, with relatively easy travel for interviews and networking events. The local job market directly around South Bend is more limited, but the university's strong national reputation often transcends its immediate geographic surroundings. The cost of living in the South Bend area is considerably lower than in major coastal cities, which can make student life more affordable and extend the purchasing power of post-graduation salaries. Quality of life in the region is characterized by a strong sense of community, access to natural beauty with nearby lakes and parks, and a generally safe environment. The weather is typical of the Midwest, with distinct seasons including cold, snowy winters and warm summers. This location fosters a close-knit campus community, allowing students to focus on their academic and extracurricular pursuits without the constant distractions of a large urban environment. However, for students seeking immediate immersion in a bustling city or specific niche industries not well-represented locally, the geographic isolation might require more proactive efforts to connect with opportunities elsewhere.
How to Get Into University of Notre Dame
Gaining admission to Notre Dame is highly competitive, with an 11.3% acceptance rate. The university utilizes a Restrictive Early Action (REA) plan, which allows applicants to apply early and receive a decision, but restricts them from applying Early Decision to any other private institution. REA can be advantageous for demonstrating strong interest and potentially improving your chances, though Notre Dame emphasizes that it is not a significant admissions boost. The admissions committee looks for well-rounded individuals who demonstrate academic excellence, intellectual curiosity, leadership potential, and a commitment to service, aligning with the university's Catholic mission. While specific GPA and test score ranges are not published, admitted students typically have very strong academic records, often with GPAs well above 3.8 and competitive standardized test scores (though test-optional policies may be in effect). Essays are crucial; focus on showcasing your unique personality, values, and how you will contribute to the Notre Dame community. Demonstrate interest through engaging with the university's online content, attending virtual or in-person information sessions, and visiting campus if possible. The application deadline for REA is typically November 1st, and the Regular Decision deadline is usually in early January.
How University of Notre Dame Compares to Similar Schools
Similar schools: Stanford University, Duke University, Georgetown University, Boston College
Advantages
- Exceptional strength in business (Mendoza College of Business) and engineering.
- A uniquely powerful and deeply loyal alumni network that actively supports graduates.
- A strong sense of community and tradition, often described as a 'family' atmosphere.
Disadvantages
- Less diverse geographic hiring patterns compared to coastal institutions with stronger ties to tech hubs.
- A more traditional, campus-centric culture that may appeal less to students seeking a highly urban experience.
Best For
- Students seeking a more affordable option may want to consider other institutions.
- Students looking for a larger city experience might prefer a different location.
Avoid If
- Students who value a strong religious and academic environment should consider Notre Dame.
- Students prioritizing lower tuition costs and debt should explore other options.
Frequently Asked Questions about University of Notre Dame
How much does it cost to attend University of Notre Dame?
In-state tuition at University of Notre Dame is $65,025 per year, and out-of-state tuition is $65,025 per year. The median student debt at graduation is $19,000.
What is the acceptance rate at University of Notre Dame?
University of Notre Dame has an acceptance rate of 11.3%.
What is the graduation rate at University of Notre Dame?
University of Notre Dame has a graduation rate of 96.0%.
How much do University of Notre Dame graduates earn?
The median earnings for University of Notre Dame graduates 10 years after enrollment is $99,980. With median debt of $19,000, graduates earn roughly 5.3x their debt level annually.
How big is University of Notre Dame?
University of Notre Dame has approximately 8,818 students and is classified as a medium institution. It is located in Notre Dame, IN and is a Private Nonprofit institution.
Is University of Notre Dame worth the cost?
University of Notre Dame has an ROI score of -62 out of 100. With in-state tuition of $65,025 per year and median post-graduation earnings of $99,980, the data suggests the return on investment may be below average.
Where is University of Notre Dame located?
University of Notre Dame is located in Notre Dame, IN. It is a Private Nonprofit institution with approximately 8,818 students.
How much student debt do University of Notre Dame graduates have?
The median student debt for University of Notre Dame graduates is $19,000. With median earnings of $99,980 ten years after enrollment, graduates can expect a debt-to-income ratio of 19%.
Is University of Notre Dame a good college?
University of Notre Dame has a graduation rate of 96.0% and median post-graduation earnings of $99,980. Highly selective with an admission rate of 11.27%.
How does University of Notre Dame compare to similar colleges?
Diverse student body with a significant white population. Compared to peer institutions, Notre Dame offers strong academic performance and high earnings potential, but with higher tuition and debt.
What career prospects do University of Notre Dame graduates have?
Graduates from Notre Dame are well-prepared for careers in various fields, particularly in leadership and management roles.
What should prospective students know about University of Notre Dame?
Notre Dame holds a strong position in the market, known for its academic rigor and religious values, attracting students from diverse backgrounds.
What makes University of Notre Dame stand out?
Above-average median debt of $19,000.
What are the pros and cons of attending University of Notre Dame?
Located in a small city, offering a close-knit campus community.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.