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The Notre Dame student experience is grounded in green. The university’s everyday operations, the expansive Notre Dame community and the university’s longtime viability are supported by an unimaginably vast network of financial resources. The only way for Notre Dame to maintain its current operations and continue to expand is to maximize revenue.
This endeavor is not a sign of greed; it’s a necessity in order for a large institution like Notre Dame to consider itself among the upper echelon of private American universities.
The university has adopted a uniquely tailored budgetary approach to apply to large donations and grants in order to achieve strategic initiatives.
Where does all of the money come from for Notre Dame present and future? In many cases, from Notre Dame past and present. Tuition fees, auxiliary operations, federal and corporate funding, and donations from alumni and other benefactors contributing to an endowment in excess of $10 billion are large sources of value on the revenue side.
On the expense side, the cost of educating students, residential and student life, career services and international experiences continually drive the cost of attending the university to over $60,000. Despite rising costs, however, demand for Notre Dame continually and substantially outpaces supply as Notre Dame increasingly becomes more selective.
The financial landscape of Notre Dame is intricately woven by interconnected factors: the endowment, tuition, faculty and research, athletics and buildings.
Let’s take a tour of Notre Dame’s financial landscape to uncover these factors in detail.
Introduction: "The Almighty Dollar: The Financial Landscape of Notre Dame" by Rich Hidy
Part 1: "The Endowment: Not Just a Pot of Gold" by Hunter Kuffel
Part 2: "Tuition" by Katie Harris
Part 3: "Faculty and Research" by Tessa Bangs