Most Expensive College in Indiana
If you are looking for a college education in Indiana, you might be wondering which one is the most expensive and why. You might also be curious about how you can afford it and what kind of financial aid is available. In this article, we will answer these questions and more. We will tell you which college is the most expensive in Indiana, what makes it so pricey, and how you can lower your costs and get the best value for your money. We will also give you some tips and resources on how to apply for scholarships, grants, loans, and other forms of financial assistance. By the end of this article, you will have a better understanding of the most expensive college in Indiana and how to pay for it.
The Most Expensive College in Indiana:
According to the U.S. Department of Education, the most expensive college in Indiana for the 2023-2024 academic years is University of Notre Dame. The total cost of attendance for an undergraduate student at Notre Dame is $80,654. This includes tuition and fees, room and board, books and supplies, personal expenses, and transportation. This is more than twice the average cost of attendance for a public four-year college in Indiana, which is $36,000.
Top 20 Most Expensive College in Indiana by in-state tuition
Rank | College | In-State Tuition | Status |
1 | University of Notre Dame | $58,336 | Private Not For Profit |
2 | DePauw University | $52,900 | Private Not For Profit |
3 | Rose Hulman Institute of Technology | $49,479 | Private Not For Profit |
4 | Earlham College | $48,523 | Private Not For Profit |
5 | Saint Mary’s College | $47,000 | Private Not For Profit |
6 | Wabash College | $45,000 | Private Not For Profit |
7 | Valparaiso University | $43,400 | Private Not For Profit |
8 | Butler University | $42,410 | Private Not For Profit |
9 | Hanover College | $39,400 | Private Not For Profit |
10 | University of Evansville | $38,600 | Private Not For Profit |
11 | Marian University | $36,600 | Private Not For Profit |
12 | Taylor University | $36,270 | Private Not For Profit |
13 | Goshen College | $35,940 | Private Not For Profit |
14 | Franklin College | $34,766 | Private Not For Profit |
15 | Trine University | $33,650 | Private Not For Profit |
16 | Manchester University | $33,178 | Private Not For Profit |
17 | Holy Cross College | $32,800 | Private Not For Profit |
18 | Anderson University | $32,260 | Private Not For Profit |
19 | University of Saint Francis Fort Wayne | $32,230 | Private Not For Profit |
20 | University of Indianapolis | $31,972 | Private Not For Profit |
Why is Notre Dame So Expensive?
There are several factors that contribute to the high cost of attending Notre Dame. Some of them are:
Prestige and Reputation – Most Expensive College in Indiana
- Â Notre Dame is one of the most prestigious and Most Expensive College in Indiana well-known universities in the world. It ranks among the top 20 national universities in the U.S. News & World Report. It also has a strong reputation for academic excellence, research, innovation, and social impact. Notre Dame attracts some of the best faculty, students, and alumni from around the globe. As a result, the demand for admission is high and the acceptance rate is low. In 2023, Notre Dame received over 23,000 applications and admitted only 15% of them. The high demand and low supply of seats allow Notre Dame to charge a premium price for its education.
Quality and Diversity of Programs – Most Expensive College in Indiana
- Notre Dame offers a wide range of academic programs and majors, covering arts, humanities, sciences, engineering, business, law, medicine, and more. It has over 75 undergraduate majors, 32 master’s programs, and 25 doctoral programs. It also has several interdisciplinary and professional schools, such as the Mendoza College of Business, the Keough School of Global Affairs, the Law School, and the School of Architecture. Notre Dame’s programs are rigorous, innovative, and relevant to the needs of the society and the world. They are also accredited by various regional and national agencies, such as the Higher Learning Commission, the Association to Advance Collegiate Schools of Business, and the American Bar Association. The quality and diversity of Notre Dame’s programs require a lot of resources, such as faculty, facilities, equipment, and materials. These resources add to the cost of providing a high-quality education.
Campus and Facilities – Most Expensive College in Indiana
- Notre Dame has a beautiful and historic campus, spanning over 1,250 acres in Notre Dame, Indiana. The campus features over 170 buildings, including the iconic Golden Dome, the Basilica of the Sacred Heart, the Hesburgh Library, and the Notre Dame Stadium. The campus also has state-of-the-art facilities, such as laboratories, libraries, museums, studios, theaters, and athletic venues. The campus and facilities provide a conducive environment for learning, living, and recreation. They also require a lot of maintenance, renovation, and expansion. These expenses contribute to the high cost of attending Notre Dame.
Student Services and Support – Most Expensive College in Indiana
- Notre Dame provides a variety of student services and support, such as academic advising, tutoring, career counseling, health and wellness, disability services, diversity and inclusion, and spiritual guidance. The university also offers a rich and vibrant student life, with over 400 clubs and organizations, 29 residence halls, and numerous events and activities. The student services and support enhance the academic and personal development of the students. They also require a lot of staff, resources, and coordination. These costs add to the overall cost of attending Notre Dame.
How to Afford Notre Dame Most Expensive College in Indiana
While Notre Dame is Most Expensive College in Indiana, it does not mean that it is unaffordable or inaccessible. In fact, Notre Dame is committed to making its education affordable and accessible to all qualified students, regardless of their financial circumstances. The university offers several options and opportunities to help students pay for their education, such as:
1. Scholarships and Grants:
- Scholarships and grants are forms of financial aid that do not have to be repaid. They are awarded based on academic merit, financial need, or other criteria. Notre Dame offers a variety of scholarships and grants, both from the university and from external sources. Some examples of Notre Dame scholarships and grants are:
- Notre Dame Scholarship: This is the most common and generous scholarship offered by Notre Dame. It covers the full cost of tuition for four years, plus a stipend for books and personal expenses. It is awarded to about 100 incoming freshmen each year, based on academic excellence, leadership, service, and character.
- Hesburgh-Yusko Scholars Program: This is a merit-based scholarship program that provides $25,000 per year for four years, plus enrichment opportunities, such as summer programs, research projects, and mentorship. It is awarded to about 25 incoming freshmen each year, based on academic achievement, leadership potential, and commitment to social justice.
- Stamps Scholars Program: This is a merit-based scholarship program that covers the full cost of attendance for four years, plus up to $12,000 for enrichment activities, such as study abroad, internships, and service learning. It is awarded to up to 10 incoming freshmen each year, based on academic excellence, leadership, service, and innovation.
- AnBryce Scholars Program: This is a merit-based scholarship program that covers the full cost of attendance for four years, plus academic and personal support, such as mentoring, networking, and cultural immersion. It is awarded to up to 10 incoming freshmen each year, who are first-generation college students and/or come from socioeconomically disadvantaged backgrounds.
- Federal Pell Grant: This is a need-based grant program that provides up to $6,495 per year for eligible students, based on their expected family contribution and cost of attendance. It is funded by the federal government and administered by Notre Dame.
- Federal Supplemental Educational Opportunity Grant (FSEOG): This is a need-based grant program that provides up to $4,000 per year for eligible students, based on their financial need and availability of funds. It is funded by the federal government and administered by Notre Dame.
- Indiana Higher Education Award: This is a need-based grant program that provides up to $9,000 per year for eligible Indiana residents, based on their financial need and academic performance. It is funded by the state of Indiana and administered by Notre Dame.
2. Loans:
- Loans are forms of financial aid that have to be repaid, with interest, after graduation or leaving school. They are available from the federal government, the state of Indiana, Notre Dame, or private lenders. Some examples of loans are:
- Federal Direct Subsidized Loan: This is a need-based loan program that provides up to $5,500 per year for eligible students, based on their financial need and grade level. The interest rate is fixed at 3.73% for the 2023-2024 academic year. The federal government pays the interest while the student is in school, during the grace period, and during deferment periods.
- Federal Direct Unsubsidized Loan: This is a non-need-based loan program that provides up to $7,500 per year for eligible students, based on their grade level and dependency status. The interest rate is fixed at 3.73% for the 2023-2024 academic year. The student is responsible for paying the interest during all periods.
- Federal Direct PLUS Loan: This is a non-need-based loan program that provides up to the cost of attendance minus other financial aid for eligible parents of dependent undergraduate students or graduate students. The interest rate is fixed at 6.28% for the 2023-2024 academic year. The borrower is responsible for paying the interest during all periods.
- Indiana Student Loan: This is a need-based loan program that provides up to $3,000 per year for eligible Indiana residents, based on their financial need and academic performance. The interest rate is fixed at 3% and the repayment period is 10 years. The state of Indiana pays the interest while the student is in school, during the grace period, and during deferment periods. – Notre Dame Loan:
- This is a need-based loan program that provides up to $5,000 per year for eligible students, based on their financial need and availability of funds. The interest rate is fixed at 5% and the repayment period is 10 years. Notre Dame pays the interest while the student is in school, during the grace period, and during deferment periods. – Private Loan: This is a non-need-based loan program that provides variable amounts and terms for eligible students, based on their credit history and lender’s criteria. The interest rate, fees, and repayment options vary depending on the lender and the loan. Private loans are usually more expensive and less flexible than federal or state loans. They should be considered only as a last resort after exhausting all other financial aid options.
3. Work-Study and Employment:
- Work-study and employment are forms of financial aid that provide students with an opportunity to earn money while studying. They are available from the federal government, Notre Dame, or external employers. Some examples of work-study and employment are:
- Federal Work-Study Program: This is a need-based program that provides part-time jobs for eligible students, based on their financial need and availability of funds. The jobs are usually on-campus or off-campus at community service organizations. The pay rate is at least the federal minimum wage and the hours are flexible to accommodate the student’s academic schedule. The earnings are paid directly to the student and can be used for any educational expenses.
- Notre Dame Student Employment Program: This is a non-need-based program that provides part-time jobs for eligible students, regardless of their financial need or aid eligibility. The jobs are usually on-campus or off-campus at Notre Dame-affiliated organizations. The pay rate and the hours vary depending on the employer and the job. The earnings are paid directly to the student and can be used for any educational expenses.
- External Employment Program: This is a non-need-based program that provides part-time or full-time jobs for eligible students, regardless of their financial need or aid eligibility. The jobs are usually off-campus at non-Notre Dame-affiliated organizations. The pay rate, the hours, and the benefits vary depending on the employer and the job. The earnings are paid directly to the student and can be used for any educational expenses.
Tips and Resources on How to Apply for Financial Aid for Most Expensive College in Indiana
Applying for financial aid can be a daunting and confusing process, but it does not have to be. Here are some tips and resources on how to apply for financial aid and maximize your chances of getting the best possible package:
Start Early and Meet the Deadlines – Most Expensive College in Indiana
- The earlier you start the process, the better. You will have more time to research and compare different options, gather and submit the required documents, and correct any errors or issues. You will also avoid missing any deadlines, which can result in losing or reducing your financial aid eligibility. The deadlines for applying for financial aid at Notre Dame are:
- November 1: This is the deadline for early action applicants to submit the CSS Profile and the FAFSA. The CSS Profile is an online application that collects information about your family’s income, assets, expenses, and special circumstances. The FAFSA is a free online application that determines your eligibility for federal, state, and institutional aid. You can access both applications at https://studentaid.gov/.
- January 1: This is the deadline for regular decision applicants to submit the CSS Profile and the FAFSA.
- February 15: This is the deadline for admitted students to submit the Notre Dame Financial Aid Supplement. This is an online form that collects additional information about your family’s finances, such as tax returns, W-2 forms, and verification worksheets. You can access the form at https://financialaid.nd.edu/.
- April 15: This is the deadline for returning students to submit the CSS Profile and the FAFSA for the next academic year.
Apply for All Types of Financial Aid – Most Expensive College in Indiana
- Do not limit yourself to one type of financial aid. Apply for as many scholarships, grants, loans, and work-study opportunities as you can. You never know what you might qualify for or how much you might receive. Some sources of financial aid that you should consider are:
- Notre Dame Financial Aid Office: This is the primary source of financial aid for Notre Dame students. The office administers all types of institutional, federal, and state aid, such as the Notre Dame Scholarship, the Federal Pell Grant, the Indiana Higher Education Award, and the Federal Work-Study Program. The office also provides counseling, guidance, and resources on how to apply for and manage your financial aid. You can contact the office at finaid@nd.edu or (574) 631-6436. You can also visit the website at https://financialaid.nd.edu/.
- Notre Dame Scholarship and Grant Programs: These are specific scholarship and grant programs that are offered by Notre Dame or by external donors and organizations. They have their own eligibility criteria, application processes, and deadlines. Some examples of these programs are the Hesburgh-Yusko Scholars Program, the Stamps Scholars Program, the AnBryce Scholars Program, and the Notre Dame Club Scholarships. You can find more information about these programs at https://financialaid.nd.edu/types-of-aid/scholarships/.
- Notre Dame Academic Departments and Schools: These are the academic units that offer the programs and majors that you are interested in or enrolled in. They may have their own scholarship and grant opportunities for their students, based on academic merit, financial need, or other factors. Some examples of these opportunities are the College of Arts and Letters Scholarships, the College of Engineering Scholarships, and the Mendoza College of Business Scholarships. You can contact your academic department or school to find out more about these opportunities.
- External Scholarship and Grant Programs: These are scholarship and grant programs that are offered by outside sources, such as corporations, foundations, associations, and individuals. They have their own eligibility criteria, application processes, and deadlines. Some examples of these programs are the Coca-Cola Scholars Program, the Gates Millennium Scholars Program, the Elks National Foundation Scholarship Program, and the Rotary International Scholarship Program. You can search for these programs online, using databases such as https://www.fastweb.com/, https://www.scholarships.com/, and https://www.collegeboard.org/.
- Federal and State Loan Programs: These are loan programs that are offered by the federal government or the state of Indiana. They have their own eligibility criteria, application processes, and terms and conditions. Some examples of these programs are the Federal Direct Subsidized Loan, the Federal Direct Unsubsidized Loan, the Federal Direct PLUS Loan, and the Indiana Student Loan. You can apply for these programs by completing the FAFSA and following the instructions from the Notre Dame Financial Aid Office.
- Private Loan Programs: These are loan programs that are offered by private lenders, such as banks, credit unions, or online platforms. They have their own eligibility criteria, application processes, and terms and conditions. Some examples of these programs are the Sallie Mae Smart Option Student Loan, the Discover Student Loan, the Wells Fargo Collegiate Loan, and the SoFi Student Loan. You can search for these programs online, using tools such as https://www.credible.com/, https://www.lendkey.com/, and https://www.nerdwallet.com/.
- Work-Study and Employment Programs: These are programs that provide you with an opportunity to work part-time or full-time while studying. They have their own eligibility criteria, application processes, and pay rates. Some examples of these programs are the Federal Work-Study Program, the Notre Dame Student Employment Program, and the External Employment Program. You can apply for these programs by completing the FAFSA and following the instructions from the Notre Dame Financial Aid Office or the employer.
Be Accurate and Honest – Most Expensive College in Indiana
- When applying for financial aid, you must provide accurate and honest information about your family’s income, assets, expenses, and special circumstances. You must also report any changes or updates to your financial situation as soon as possible. If you provide false or misleading information, you may lose your financial aid eligibility, face legal consequences, or jeopardize your admission or enrollment status. To avoid any errors or issues, you should:
- Review and Verify Your Information: Before submitting your applications, you should review and verify your information carefully. You should check for any typos, errors, or inconsistencies. You should also compare your information with your official documents, such as tax returns, bank statements, and pay stubs. If you find any discrepancies, you should correct them immediately.
- Keep Copies and Records: After submitting your applications, you should keep copies and records of your information and documents. You should also keep track of your confirmation numbers, usernames, passwords, and deadlines. You may need to refer to them later or provide them as proof or verification.
- Respond to Requests and Notifications: During the application process, you may receive requests and notifications from the Notre Dame Financial Aid Office or other sources of financial aid. These may include requests for additional information, documents
- Or notifications, such as award letters, acceptance letters, or reminders. You should respond to them promptly and appropriately. You should also follow the instructions and complete the requirements for each source of financial aid.
- Report Any Changes or Updates: If your financial situation changes or you receive any additional financial aid from other sources, you should report it to the Notre Dame Financial Aid Office as soon as possible. This may affect your financial aid eligibility or amount. You should also update your information on the CSS Profile and the FAFSA if there are any significant changes in your family’s income, assets, expenses, or special circumstances.
FAQs 0n Most Expensive College in Indiana
Is Notre Dame worth the cost?
The answer to this question depends on your personal goals, preferences, and circumstances. However, many students and alumni would say that Notre Dame is worth the cost, because it provides a high-quality education, a supportive community, a rich culture, and a valuable network. Notre Dame also has a high return on investment, as it ranks among the top 10 colleges in the U.S. for graduates’ earnings, according to PayScale. Additionally, Notre Dame strives to make its education affordable and accessible to all qualified students, regardless of their financial situation. Therefore, the actual cost of attending Notre Dame may be much lower than the sticker price, depending on your financial aid package.
How can I increase my chances of getting admitted to Notre Dame?
Notre Dame is a highly selective and competitive university, with an acceptance rate of 15%. To increase your chances of getting admitted, you should demonstrate academic excellence, leadership potential, service orientation, and fit with the Notre Dame Mission and values. You should also have a strong and compelling application, including a high GPA, a rigorous curriculum, a high SAT or ACT score, a well-written essay, and glowing recommendations. You should also show interest and enthusiasm for Notre Dame, by visiting the campus, attending information sessions, contacting admissions counselors, and applying early action.
How can I increase my chances of getting financial aid from Notre Dame?
Notre Dame is committed to meeting the full demonstrated financial need of all admitted students, regardless of their financial situation. To increase your chances of getting financial aid from Notre Dame, you should demonstrate financial need, academic merit, or other criteria, depending on the type of financial aid you are applying for. You should also apply for all types of financial aid, both from Notre Dame and from external sources. You should also start early and meet the deadlines, be accurate and honest, keep copies and records, respond to requests and notifications, and report any changes or updates.
Conclusion:
In conclusion, the most expensive college in Indiana is University of Notre Dame, with a total cost of attendance of $80,654 for the 2023-2024 academic years. Notre Dame is so expensive because of its prestige and reputation, quality and diversity of programs, campus and facilities, and student services and support. However, Notre Dame is also affordable and accessible the Most Expensive College in Indiana, as it offers several options and opportunities to help students pay for their education, such as scholarships, grants, loans, and work-study.
To apply for financial aid, students should follow the tips and resources provided in this article, such as starting early and meeting the deadlines, applying for all types of financial aid, being accurate and honest, and reporting any changes or updates. By doing so, students can increase their chances of getting admitted to and affording the most expensive college in Indiana.