For those of you who were deferred, did your children receive a financial aid update? My son got am email about making sure he had submitted all his documents.
Yes, my daughter received an email today about this.
My daughter did not. However, all of her financial documents are currently showing as received with the
has anyone recieved their financial aid offer yet?
My son still hasnāt gotten his - but they said they roll them out over several weeks . Not sure how they roll them out ( for example we are at the front of the alphabet by last name and still waiting ). Could be by college / major or could be random . Several students had received their package in the FB group for class of 2024 starting last Wednesday
I know last year my friends daughter got it right around when RD came out in March.
My son got his about 10 days ago. They were very generous with need aidā¦i thought we would get 0, but we ended up with about $24,000 in institutional aid. For reference, we have about $300,000 income, but in an expensive east coast state.
Do you currently have another child in college? NDās aid seems very multi-child dependent. Similar income range, but got very (very) little. Child will be first in college for usā¦
Now I am definitely going to call And ask for clarification on our aid. We got zero aid - we were not excepting much - but definitely shocked that we got zero. We have another child in college already - so they are excepting us to pay $135,000 outright in college cost next year between the 2 . We also will have two other kids at home. We definitely wanting to work this out but $ 84,500 a year is definitely gonna take some creative planning
noā¦we only have one child
Small business owner with significant deductions? Or W2 only?
Iām asking because $100k in aid over four years would make it a more realistic option, whereas at full sticker price Iām afraid itās really not a great value.
This is where we are at as well - is the Degree really worth $86,500 per year that they said we can pay . We have twins that are 15 and will be in college before our one at ND finishes or our one at Kentucky will finish ā so then we have 4 in college Instead of two . We know Notre Dame is an AMAZING school And the Notre Dame Network is far above so many other schools but at what cost does is not out weight the 3 other fully funded full ride scholarships our one admitted to ND has received at this point
Congrats to your child on the full rides. Weāve been debating this in our house but I think it has a lot to do with many other factors - course of study, other school options and childās work ethic. I think a school like ND offers a great alumni network and may help jump start a career but I donāt know if it trumps a full ride elsewhere if youāll come out in debt A hardworking student will be successful wherever they go to college!
Wow. Does it really cost that? That would be tough to swallow.
That was what our Financial Aid package said was our total cost .
I would think if you ran the NPC with accuracy prior to applying and had an expected amount of financial aid and got zero than you definitely want to call them and figure out where the discrepancy might be. But otherwise, yes, youāre facing a common dilemma as the type of students getting accepted to ND are the same types of students whom quality for large merit elsewhere. Only you can decide whether its worth it, I suspect the ND Network is much more valuable in some fields (business, politics, corporate America, etc) than others (education, medicine).
Not a small business owner. Combined W2ās between my wife and myself. We only have 1 child, and substantial savings (specifically so we could pay for college without having our son incur any undergrad debt). Thatās why I was so surprised with the aid.
Did you run the NPC before applying?
Yesā¦at several different schools. all indicated we were full pay.
If you donāt mind sharing, was the $24k in ANNUAL aid, or TOTAL across all 4 years?
Similarly, was the $24k part of Notre Dameās Scholarships & Grants (i.e., āfree moneyā) or did that number include a material amount of unsubsidized federal loans (~$5-5.5k) as well as work study (~$3k)?
I am wondering whether the university might consider changing our numbers if we were to appeal; I ran the NPC, and we got about what I expected. Iām just having a hard time wrapping my head around how two families with relatively similar income levels have such significant differences in aid. Perhaps they have a formula that is a guideline, but not a hard and fast rule - in which case they can use some of their extra funds to attract specific students by offering them more aid than the formula suggests.