COVID-19 relief fund to go towards student financial aid
Observer Staff Report | Thursday, April 23, 2020
Federal funds received by the University for coronavirus relief will be used to aid students whose families are struggling by the loss of a job or another hardship as a result of the pandemic, Notre Dame announced in a press release Wednesday.
“Almost one-half (48 percent) of Notre Dame students receive financial assistance in the form of need-based scholarships that do not require repayment,” the press release said. “The median amount per student is $38,000, about three-quarters the cost of tuition to Notre Dame.”
One-third of University’s endowment goes toward student financial aid and the savings generated by Notre Dame’s early retirement package also went to student financial aid.