Parent Income Range From $140,000 to $159,999

Family of three living in New Jersey with a student enrolled at Notre Dame. Consideration was given for the high cost of living in New Jersey.

Parents Income in 2014 was $147,000.

Parents have no investments other than retirement (which is not considered). 

The student has $2,000 in savings.

Financial Assistance

Amount

University Scholarship

$25,700

Alumni Club Scholarship

$2,000

Outside Scholarship

$3,500

Federal Subsidized Loan

$350

Federal Unsubsidized Loan

$3,150

Campus Employment

$2,700

Total Assistance

$37,400

$61,775 Cost for tuition, fees, room and meals
$34,700 Financial Assistance (excludes work)
$27,075 Amount family owes

Family chose to use an interest free monthly payment plan of $1,400 and a $10,000 private loan to pay the remaining family share. The student also could borrow additional $2,000 from the Federal Direct Unsubsidized Loan program. The student is using the money earned from work to pay for personal expenses and transportation. 


Family of four living in New Jersey with a student enrolled at Notre Dame. Adjustments were made for a high cost of living area and unusual medical expenses.

Parents Income in 2014 was $154,000 which includes $11,600 to a tax deferred retirement account.

 

Parents have $85,000 in home equity.

Financial Assistance

Amount

University Scholarship

$30,600

Outside Scholarship

$1,000

Federal Subsidized Loan

$3,300

Federal Unsubsidized Loan

$2,200

Campus Employment

$2,700

Total Assistance

$39,800

$61,775 Cost for tuition, fees, room and meals
$37,100 Financial Assistance (excludes work)
$22,362 Amount family owes

Family chose to use an interest free monthly payment plan of $10,400 and a $12,000 PLUS Loan to pay the remaining family share. The student is using the money earned from work to pay for personal expenses and transportation.


Family of four living in Illinois with a student enrolled at Notre Dame and a sibling enrolled at another private school college.

Parents Income in 2014 was $134,000 which includes $9,500 to a tax deferred retirement account.

 

Parents have $50,000 in home equity and $29,000 in investments.

Financial Assistance

Amount

University Scholarship

$40,100

Outside Scholarship

$14,000

Federal Unsubsidized Loan

$3,500

Campus Employment

$2,700

Total Assistance

$60,300

$61,775 Cost for tuition, fees, room and meals
$57,600 Financial Assistance (excludes work)
$4,175 Amount family owes

Family chose to use the Federal Unsubsidized Loan and paid the remaining balance from their investments.