|Annual Tuition (2011-2012)|
|Room and board average||
Nearly three-quarters of the undergraduate student body receive some form of financial aid, which in the academic year 2009-10 totaled more than $189 million from all sources – scholarships, athletic grants-in-aid, loans, campus work and ROTC awards. Approximately 72% of graduate students received graduate and research assistantships, fellowships, scholarships, loans, and grants-in-aid totaling more than $115 million in 2009-10.
Notre Dame's operating budget for 2011-12 is nearly $1.2 billion, and the market value of its endowment is approximately $7 billion. Two major resources of income which account for a combined 51 percent are student tuition and fees, and auxiliary enterprises (including residence halls, dining facilities, athletics, and the bookstore). A third source of spending is from the University's endowment pool.
The University has had a successful development program since it established a formal fund raising office in 1947, and it raised more than $212.5 million in 2010-11. Notre Dame's alumni in 2010-11 contributed more than $117 million to their alma mater; their level of participation is among the best in American higher education. Other important sources of gift income include foundations, corporations and non-alumni parents and friends. For information on support programs, contact Louis M. Nanni, Vice President for University Relations, 405 Main Building, University of Notre Dame, Notre Dame, Indiana 46556-5602; (574) 631-6122.