$4,943

Avg. Federal Grant

$5,982

Avg. Federal Loan

$24,750,028

Total Aid Awarded

Notre Dame College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$24.750M

Financial Aid Official Website

www.notredamecollege.edu/admissions/financial-information

Among them are scholarship programs such as Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, Educational Assistance Commitment Grant, and James R. Hunt Memorial Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,392,465. One can visit NDC's financial aid page at http://www.notredamecollege.edu/admissions/financial-information for more information. At NDC, the total percentage of applicants who receive the Federal Grant stands at 57%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 57% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,109, and the same stands at $2,928 for State Grant awardees and $19,616 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,623. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $23,776 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $24,248, while those falling in the $48,001-$75,000 income category get $18,272 a year. Those with an annual income level of $75,001-$110,000 would receive $16,978, while candidates with more than $110,000 of family income receive an average federal aid of $16,142. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At NDC, an estimated number of 85% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

39%

Institution Grant Aid

100%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,943

State Grant Aid

$3,217

Institution Grant Aid

$16,517

Pell Grant

$4,820

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,482

$30,001 - $48,000

$22,935

$48,001 - $75,000

$17,592

$75,001 - $110,000

$17,677

Over $110,000

$16,033

Student Loans for Notre Dame College

Average Loan Amount Average Loan Amount received per year.

$7,110/Year

Students Taking Out Loans

87%

Loan Default Rate

9%

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