University announces tuition increase
Observer Staff Report | Monday, February 26, 2018
Notre Dame’s tuition is set to increase for the 2018-2019 academic year as part of a budget approved by the University’s Board of Trustees, data from the Office of Financial Aid’s website as well as a letter sent to parents and guardians of students indicates.
According to the Office of Financial Aid’s Website, both tuition as well as room and board are expected to go up. Data for 2017/2018 indicates a tuition cost of $51,505 per academic year with a room and meal cost of $14,890, for a total cost of $66,390. Those same numbers for the 2018/2019 academic year are $53,391, $15,410 and $68,801, respectively.
In a letter mailed to parents and guardians of students, University President Fr. John Jenkins said that the 3.6 percent increase in tuition is the lowest in “more than 50 years.” He also reflected on the recent 175th anniversary of the university’s founding.
“Nowhere are the fruits of Fr. Sorin’s dream more evident than in our students and graduates,” Jenkins said. “Thanks to our extraordinary faculty and dedicated staff, we are able to provide your student with an education that is among the best in the world.”
In the letter, Jenkins noted three statistics about the Notre Dame student body. The first was that Notre Dame boasts a first-to-second-year retention rate of 98 percent, the second was the school’s 90 percent four-year graduation rate and third that 98 percent of Notre Dame alumni had plans for their year after graduation (including employment, graduate school, military service and several others).
However, Jenkins said the “truest” value of a Notre Dame education can be observed in graduates.
“In my travels across this great nation and in other parts of the world, it is a source of joy to encounter Notre Dame alumni making a difference in every imaginable field of endeavor,” Jenkins said. “…I know that one day your student will become part of this extraordinary network and by this example will inspire future Notre Dame students.”