An Education with Values

General overview of financial aid including application tips and important deadlines.

Transcript

1. Office of Financial Aid 115 Main Building Notre Dame, IN 46556-5602 +1.574.631.6436 finaid@nd.edu financialaid.nd.edu 100K 6/14 A I D , O U T C O M E S , & T H E N O T R E D A M E A D VA N TA G E With Value(s) AN EDUCATION NOTRE DAME — OUR COMMITMENT Financial need is the difference between the estimated cost of attendance for a school year and the estimated family contribution. Because several factors in this evaluation are subject to change from one year to the next, this evaluation is made annually for each student who applies for financial aid. Cost of Attendance – Family Contribution Financial Need FINANCIAL NEED In addition to the direct cost, each student should plan for the cost of books, supplies, transportation, and personal expenses. Annual increases should be anticipated. AVERAGE DIRECT COST FOR 2014-2015 Tuition and Fees Room and Board Total Direct Cost: $46,237 $13,224 $59,461 100% of demonstrated financial need is met for all four years of students who apply receive need-based aid in need-based aid for freshman class in merit-based aid for freshman class average federal loan debt of graduates 74% $28.8 MILLION $1.8 MILLION $20,800
2. VALUE The CSS/Financial Aid PROFILE Application and the Free Application for Federal Student Aid (FAFSA) serve as the official applications for need-based financial aid at the University of Notre Dame, including University scholarship programs. Unless otherwise noted, no additional applications are required to be considered for all scholarship/grant programs that the Office of Financial Aid administers. The University of Notre Dame participates in the College Board’s Institutional Documentation Service (IDOC) which allows students to submit one packet of supporting documentation to IDOC rather than mailing individual documents to each participating institution to which a student has applied for admission. CSS/Financial Aid PROFILE applicants will receive communication directly from IDOC in early February regarding the submission of supporting documentation. Families should be prepared to submit this supporting documentation to IDOC by Notre Dame’s priority IDOC deadline. The Office of Financial Aid begins mailing Financial Aid Notifications in late March to admitted students who have completed the financial aid process. Note: To be eligible for federal student aid a student must be a citizen or eligible non-citizen of the United States with a valid social security number. In general, students must be degree seeking and be enrolled on at least a half-time basis. Additionally, students may not owe a refund on a federal student grant, nor be in default on a federal student loan. APPLYING FOR FINANCIAL AID INSTITUTIONAL DOCUMENTATION SERVICE (IDOC) PRIORITY DEADLINE 2/15/2015 2/15/2015 ONLINE APPLICATIONS CSS/Financial Aid PROFILE Application at collegeboard.com Free Application for Federal Student Aid (FAFSA) at fafsa.gov SCHOOL CODE 1841 001840 PRIORITY DEADLINE 3/1/2015 IDOC idoc.collegeboard.com DOCUMENTATION • Parent and student signed 2014 Federal Tax Returns • Parent 2014 W-2 Form(s) • Verification Worksheet • Other documents as requested (e.g., non-custodial parent information) FINANCING A NOTRE DAME EDUCATION OF FIRST YEAR STUDENTS RETURN FOR THEIR SECOND YEAR 99% OF STUDENTS GRADUATE ON TIME, WHICH IS AMONG THE TOP 3 GRADUATION RATES IN THE NATION 95% in need-based scholarship assistance in the 2013–2014 academic year MILLION $115 THE AVERAGE AMOUNT OF UNIVERSITY SCHOLARSHIP OFFERED TO FRESHMEN WHO DEMONSTRATE FINANCIAL NEED $32,500 WE MEET 100% OF EVERY STUDENT’S DEMONSTRATED FINANCIAL NEED 100% PERCENTAGE OF STUDENTS WHO ARE SUCCESSFUL IN FINDING CAREER OPPORTUNITIES (graduate school, jobs, or volunteer work) within six months of graduating 98% PERCENTAGE OF NOTRE DAME PRE-MED GRADUATES WHO ARE ADMITTED INTO MEDICAL SCHOOL (NEARLY TWICE THE NATIONAL AVERAGE) 80% INTERNSHIPS THAT ARE ACCESSIBLE THROUGH OUR CAREER CENTER WEBSITE 20,000 INTERVIEWS CONDUCTED BY OVER 200 EMPLOYERS WHO VISIT CAMPUS EVERY YEAR FOR RECRUITMENT 7,402 AVERAGE FRESHMAN NEED-BASED LOAN $4,200 financialaid.nd.edu