I was accepted to Notre Dame REA, and as much as I love the school, money is a factor. If my COA ends up being close to the Net Price Calculator estimation, I’ll be fine. On that note, do any current students or parents know how accurate the NPC is for ND?
I am divorced so the NPC can sometimes be off, but ND was more generous with their FA package than what the NPC predicted. My D is a freshman there now and the wait for the FA package was rough, but it all worked out. Good luck and congratulations!
Notre Dame about matched the NPC for me, and they were definitely one of the more generous schools I applied to.
Hi Stf1001-congrats on your acceptance! We were in the same boat as you a year ago-son accepted REA…but we needed to wait on FA before completely committing. In our case, I am happy to say the NPC was absolutely accurate! I believe the 2 factors that can complicate things are either a) if your parents are divorced, or b)if your parents own their own business. If you have either of those 2 factors, it doesn’t mean it isn’t accurate, it just complicates it a bit. Hope it works out for you!
We are also wondering about the accuracy of the Net Price Calculator, and what might happen in subsequent years, as tuition rises and our oldest, now a junior in college, graduates (yet we will still be paying for her education!). In other words, we don’t have to be worried about a big shock in estimated family contribution her sophomore, junior, and senior years? Or, be wary?
@Midwest67, once your older child graduates, his/her cost of education will no longer be taken into account when determining FA for your younger child even if you are paying for some of it.
I don’t know what the FA package will look like in subsequent years as my D is a freshman, but I did ask the FA office about that and was told that barring any major changes, the FA package will remain pretty much the same and will take into account increases in tuition.
@suzy100, thank you. Sounds similar to our experience with Catholic high school. The FA package remained the same, but tuition rose over the four years. Somehow, it all worked out, and in hindsight, it was worth it.