MSM Tuition & Aid

An Investment in Yourself

Pursuing a graduate degree is a significant investment in your future, both professionally and personally. At Mendoza College of Business, we understand the importance of this decision and we’re here to support you every step of the way.

Here, you’ll enjoy the benefits of a low cost of living while experiencing the amenities and vibrant campus life of a world-class institution, all while gaining access to a powerful network dedicated to your personal and professional growth.

Tuition & Expenses

Budget & Cost of Attendance

Item	Summer Cost	Fall/Spring Cost
Tuition	$20,691	$41,384
Program Fee	-	$1,600
Student Fees	$400	$600
Housing and Food	$2,970	$17,820
Books and Supplies	$300	$1,750
Personal Expenses	$600	$6,720
Transportation	$450	$2,700
Total*	$25,411	$72,574

*Actual costs vary based on housing accommodations, travel costs, and personal expenses. Annual increases in the cost of a Notre Dame education are anticipated. If you have accepted Federal Direct Loan(s), federal origination Fees will be added to your Cost of Attendance.

Cost of Living

South Bend Cost of Living - SMP by Mendoza College of Business

Military & Veterans

The University of Notre Dame assists veterans and their families by offering its support regarding the use of Veteran Affairs (VA) benefits. Visit the Office of the Registrar, the Office of Military and Veteran Affairs, and the Office of Financial Aid pages for details and key points of contact for any questions you have regarding your benefits as a military veteran student.

GI Bill and Yellow Ribbon

Veterans Benefits

The University of Notre Dame is approved for VA education benefits, including the Post-9/11 GI Bill® (Chapter 33) and the Yellow Ribbon Program.

For questions regarding eligibility, benefit coverage, or certification, please contact Notre Dame’s Veterans Affairs team for individualized assistance.

VR&E (Chapter 31)

For some veterans, Veterans Readiness and Employment is a better fit than is the G.I. Bill for their education financing needs. To learn more, visit the Veterans Affairs VR&E website.

Other

Visit the Indiana Department of Veterans Affairs for Indiana-specific veterans benefits.

For a comprehensive list of veteran resources that may help you with your post-military plans in general, visit the Transitioning Servicemembers Cheat Sheet.

Scholarships

Our scholarships are awarded based on a holistic review of your application. All applicants are automatically considered, and, aligned with our mission, scholarship recipients are expected to actively contribute to the MSM and Mendoza communities throughout their time at Notre Dame.

Tuition Information

$62,075

MSM tuition for the 2026-2027 academic year

Three students pose together outdoors on a sunny day at a wooden patio table surrounded by Adirondack chairs, with campus buildings in the background. On the left, a woman in a striped button-down shirt sits in a chair; in the center, a man in a pale yellow polo shirt leaning on the table smiles at the camera; and on the right, a woman with braided hair wearing a black sleeveless top sits smiling. All three wear official Notre Dame identification badges on their shirts.

MSM students are considered for scholarships that can provide tuition support.

10%

Lower cost of living than the national average

Loans & Other Resources

Federal Loans

Federal Direct Unsubsidized Loan

U.S. applicants may be eligible for a non-need-based Federal Direct Unsubsidized Loan, which will be included in your financial aid offer after reviewing your FAFSA. These loans require repayment with interest, beginning six months after you cease to be enrolled at least half-time.

Federal Direct PLUS Loan

U.S. applicants may also qualify for a Federal Direct PLUS loan, which provides borrowing in excess of your Federal Direct Unsubsidized Loan. Applicants must complete the FAFSA and determine Federal Direct Loan eligibility prior to applying for a PLUS Loan.

More About Federal Loans

Private Loans

After exploring all federal aid options, applicants may consider private loan opportunities to further support their educational expenses. Private loans can help bridge the gap between federal aid and the total cost of attendance. International students are also eligible for private loans, often with a U.S. co-signer.

More About Private Loans

Payment Plans

Notre Dame’s Office of Student Accounts partners with Nelnet, the provider of IRISHPAY, to offer an interest-free monthly payment plan for the 2024/2025 academic year. This plan allows families to spread educational expenses over monthly installments. Payments will be automatically deducted from a U.S. checking or savings account on the first of each month.

More About Payment Plans

Earned Assistance

As a Notre Dame graduate student, you may be eligible to seek an assistantship agreement arranged with your academic department. Earnings from part-time work are intended to help you pay for personal and other related educational expenses and do not affect your financial aid.