MBA Tuition & Aid
An Investment in Yourself
The Notre Dame MBA offers one of the best returns on investment of any top-ranked MBA program, aided by the merit based scholarships and the low cost of living for our beautiful suburban campus.
Tuition for the MBA program for the 2023-2024 academic year is $64,660.
Merit-Based: The Notre Dame network is not only a benefit for building relationships and exploring career opportunities, it is a powerful resource for providing financial support to current students. 97% of the MBA Class of 2022 were awarded a scholarship. Recipients are selected for these scholarships based on academic performance, prior work experience, GMAT or GRE scores, leadership potential, letters of recommendation, and each applicant’s personal statement. Applicants can indicate their desire to be considered for a scholarship on their application.
All that is expected of scholarship recipients is to be active and engaged members of the Notre Dame community.
Need-Based: Applicants can request need-based financial aid to fund their MBA experience. During the application, you will be able to indicate your interest in scholarships based on your financial need. If you select that you are interested, you will need to complete and submit the Expected Family Contribution (EFC) form and a written statement (250 words or less) to support your request.
Kenneth R. Meyer ’66, retired Chairman and CEO of Lincoln Capital Management Co., has generously endowed our most prestigious scholarship. Members of the incoming class who demonstrate the most outstanding academic performance and leadership potential will be invited to join this select group of distinct students.
Meyer Fellows receive full tuition scholarship plus a stipend of $21,000 per year in the program. Meyer Fellows also receive preferred registration to ensure access to in-demand classes.
The Brogan Fellows scholarship is awarded to the four MBA women with the highest GPA after the first year of the two-year MBA program. All women, regardless of academic background or work experience, are automatically considered for this prestigious award.
As a sponsor school for the Forte Foundation, Notre Dame is committed to launching women into successful business careers. Forte Fellows are recognized for their academic aptitude, leadership, and future potential. Forte Fellows are granted special access to the Forte community, including leadership conference access, mentoring and career development opportunities, and network development.
Notre Dame is proud to participate in the Yellow Ribbon Program, which offers significant benefits to qualifying veterans. For veterans who are 100% eligible, the University will contribute $17,500 to be matched by the VA, which is above the GI Bill® Private School reimbursement. This total amount can exceed full tuition and can also include other benefits such as books and additional stipends.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Website at https://www.benefits.va.
Financial Aid & Loans
The Notre Dame Graduate Business Program student expense budget can be found here at Notre Dame’s Office of Financial Aid. The Free Application for Federal Student Aid (FAFSA) is the official application for federal student aid at the University of Notre Dame. The Office of Financial Aid is also responsible for loan opportunities.
Cost of Living
South Bend, Indiana’s cost of living is 14% lower than the national average. Click through the slides below to get a snapshot of the lower everyday costs MBA students can expect to find in the area.