The Notre Dame Executive MBA

Tuition and Financial Aid

Application Fee

$100.00

Please Note: Reception attendees are eligible for $100.00 application fee waiver.

Tuition

South Bend EMBA Program: *$91,000 for the Class of 2014
Chicago EMBA Program: *$94,000 for the Class of 2014

Includes lodging and meals during immersion weeks, continental breakfast and lunch on class days, textbooks, cases, reprints, software, etc. Tuition does not include travel expenses or accommodations for regular class sessions.

* Additional technology fee may apply.  

$2,500 (billed upon acceptance and payable within 14 days; applied to tuition) Non-refundable portion of tuition  

South Bend EMBA
Tuition payment schedule:

  • $20,250 due in full
    August 6, 2012
  • $22,750 due in full
    January 4, 2013
  • $22,750 due in full
    August 5, 2013
  • $22,750 due in full
    January 3, 2014


 

Chicago EMBA
Tuition payment schedule:

  • $28,834 due in full
    January 4, 2013
  • $31,333 due in full
    August 5, 2013
  • $31,333 due in full
    January 3, 2014
 

Applying for Financial Aid

A student must be a U.S. citizen, permanent resident, or eligible non-citizen to apply for loans through the Federal Direct Loan or Federal Graduate PLUS Loan programs. If a student is neither a citizen nor an eligible non-citizen, private loans are an option; however, an eligible US citizen must co-sign for the loan. Additionally, students may not be in default on a federal student loan nor owe a refund on a federal student grant. In addition to submitting the FAFSA, students must be prepared to submit a signed photocopy of their most current federal income tax return directly to the Office of Financial Aid upon request.

The first step of the financial aid process is to complete the FAFSA (Free application for Federal Student Aid). The FAFSA serves as the official application for federal student aid at the University of Notre Dame. The FAFSA is available at www.fafsa.ed.gov or from the Office of Financial Aid’s web site at http://financialaid.nd.edu/grad.

In order to be considered an eligible non-citizen, the general requirement is that the individual be in the U.S. for other than a temporary purpose with the intention of becoming a citizen or lawful permanent resident. Based on FAFSA’s guidelines, generally students are an eligible noncitizen if they are one of the following:

  • U.S. permanent resident, with a Permanent Resident Card (formerly known as an Alien Registration Receipt Card or "Green Card")
  • Conditional permanent resident (I-551C)
  • Other eligible noncitizen with an Arrival-Departure Record (I-94) from the Department of Homeland Security showing any one of the following designations: "Refugee," "Asylum Granted," "Indefinite Parole," "Humanitarian Parole," or "Cuban-Haitian Entrant"
  • A citizen of the Republic of Palau (PW), the Republic of the Marshall Islands (MH), or the Federated States of Micronesia (FM).

Federal Aid Programs

Federal Direct Loans
The terms of the need based Subsidized Federal Direct Loan Program require that the student borrower repay, with interest, this source of financial assistance. This program is referred to as subsidized because of the interest subsidy being paid by the federal government to the lender while the student is enrolled in school as well as during the six month grace period following enrollment.

The terms of the non-need based Unsubsidized Federal Direct Loan Program require that the student borrower repay, with interest, this source of financial assistance. This program is referred to as unsubsidized because the in-school interest is not being paid by the federal government to the lender while the student is enrolled in school. Interest on Unsubsidized Direct Loans begins to accrue after disbursement of the loan funds, however, the student may choose to have the payment of the interest deferred during enrollment and later capitalized (added to principal) at the time repayment begins.

Graduate/Professional Federal PLUS LoansThe Federal Direct Graduate PLUS Loan provides a borrowing option for graduate/professional students. Based upon the borrowers' creditworthiness, a graduate/professional student may borrow from this federally guaranteed, non need-based loan program. For additional terms, subject to revision by federal law, please visit the link above. 

Private Loan Programs
After exhausting the opportunities available from the federal aid programs, many students will consider private loan programs as a source of funding. The terms and conditions of these programs vary, and as such, students are encouraged to review the details of the programs before selecting a private loan program. Private loans are not eligible for loan consolidation programs made available for federal student loans. Interest rates, fees (both at the time of borrowing and at repayment), credit checks, and annual and aggregate loan limits require careful evaluation by the student as a consumer. As always, taking on debt for any reason should be done deliberately and only for amounts needed.

Additional questions

Additional questions regarding the financial aid process can be directed to:
University of Notre Dame - Office of Student Financial Services
Phone: 574-631-6436
Fax: 574-631-6899
Email: finaid@nd.edu