Financial Aid

Your education is priceless. Together, we can make Notre Dame affordable.

Notre Dame of Maryland University offers grants, scholarships, loans, and federal Work-Study funds to eligible entering and continuing students. About 95 percent of Women’s College students, 35 percent of undergraduates in the College of Adult Undergraduate Studies , 30 percent of graduate students and 97 percent of our Pharmacy students  receive need-based and/or non-need-based financial aid.

Students must reapply for aid each subsequent year, beginning in January. Most financial aid is renewable, provided that the student continues to meet federal and university eligibility criteria. 

You can find more information about eligibility, costs, and the financial aid awarding process at Notre Dame by following the links on this page. For information about applying for aid, see the How to Apply section.

Announcements

Are your finances bringing you down?

• Review this flier for some helpful suggestions. Visit Cash Course and the Money Management section of our website.

Important changes to Pell Grant beginning in Fall 2012!

• Students will now be limited to 12 semesters (or 600%) of Pell Grant eligibility during their lifetime.  Visit the Federal Grants section on our website for more information on how this impacts your financial aid. 

New Financial Aid Scholarships are now available!  

• Please visit our Institutional Scholarships Page for details on the new Notre Dame Scholarship (for returning Women's College students) and Notre Dame Book Store Scholarships (for all students).  Applications may be submitted online using the links on that page.    

Summer Financial Aid 

• Be sure to read the new financial aid policy for summer and submit your Summer Aid Request Form by
  August 1.

Satisfactory Academic Progress (SAP)

• The Office of Financial Aid will be reviewing students's academic performance in early June to check whether SAP standards have been met. 

Financial Aid Award Letters

• Returning students who meet SAP standards and who have complete financial aid files will have their financial aid award letters for 2012-13 emailed to them beginning in mid-late June. 

2012-13 Loan Changes

• Generally, graduate and professional students could borrow up to $20,500 in Stafford loans per year, of which as much as $8,500 could be subsidized. Graduate and professional students will still be able to borrow up to $20,500 in Stafford loans, but the loans will be entirely unsubsidized starting with new loans made on or after July 1, 2012.
• Currently, borrowers in the Direct Loan program could get two discounts. The first discount is a half percent rebate applied to the 1% origination fee for Stafford borrowers (1.5% rebate for the 4% origination fee for PLUS borrowers) who make the first 12 payments on time. The second discount is a 0.25% interest rate reduction for borrowers who have their monthly loan payments withdrawn automatically from their bank accounts. The prompt payment discount will be eliminated for new loans starting on July 1, 2012, while the auto-debit discount will be retained.