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Friday, Sept. 20, 2024
The Observer

Notre Dame’s tuition to increase 2.5% for 2022-2023

Notre Dame’s tuition will increase by 2.5% for the 2022-2023 academic year, according to the financial aid website. The 2.5% increase is the University’s second-lowest increase in 60 years, University spokesperson Dennis Brown said in an email.

Last year’s 1.98% increase in tuition was the lowest in the previous 60 years. Total costs to attend are estimated to rise by 2.38% per year on average, according to the financial aid website. Tuition will rise from $58,843 for the 2021-2022 academic year to $60,301. Room and board will also jump 2.5%, increasing from $16,304 to $16,710. Factoring in estimations for books, supplies, transportation and personal expenses, the financial aid website expects the average cost to attend next year to be $80,211, compared to $78,347 in the 2021-2022 academic year.

The University plans to provide more than $190 million in need-based undergraduate financial aid next year, up 6% from 2021-2022, Brown said. About 50% of undergraduate students will receive need-based scholarships that do not require repayment, he added.

“The median amount of this institutional aid per student is approximately $46,000, about three-quarters the cost of tuition and fees,” Brown said in the email.

In the past decade, the University’s total charges — tuition, fees and room and board — have jumped from $54,905 to $77,011, a 40% increase. During the same time period, the amount of need-based aid has increased from $113 million to now an expected $190 million, a 68% increase.

Brown said the Board of Trustees collaborates with the administration each spring semester to set the upcoming tuition price based on University needs.

“We are grateful to the families of our students, who entrust us to provide their sons and daughters with an unsurpassed undergraduate experience shaped by an unwavering commitment to our Catholic mission,” Brown said in the email.