Undergraduate tuition at the University of Notre Dame will increase 5.4 percent for the 2007-08 academic year to $35,187, and average room and board rates will be $9,290, for a total cost of $44,477.
In a letter to parents and guardians of students returning for the next academic year, Notre Dames president, Rev. John I. Jenkins, C.S.C., wrote of thefiscal challenges and constraintsfaced by all colleges and universities.
More specifically in (Notre Dames) financial planning,he wrote,the rising costs of health insurance and utilities, the wages of more than 4,000 University employees, the acceleration of technological change, and the increase in the costs related to providing and maintaining the Universitys facilities, such as the recently opened Jordan Hall of Science, were major considerations. We strive to negotiate these obstacles while continuing to provide the unique educational experience so widely admired by our peers and so keenly cherished by our graduates.
While the financial challenges are of continuing concern to both parents and the Universitys officers and trustees, Father Jenkins pointed to thesuccess and satisfactionof Notre Dame graduates as a measure of the Universitys performance.
At a time when many college students fail to complete their course of study in four years,he wrote,Notre Dame has one of the nations highest student retention rates from freshman to sophomore year (98 percent); fully 96 percent of our students are graduated on time; and 99 percent of our graduates pursuing jobs, graduate school orvolunteer service are able to find career opportunities within one year or less of graduation.
He added:Beyond graduation, our success is further demonstrated by the fact that 92 percent of our alumni indicate that they are pleased with their time at Notre Dame and found great value in the experience.
Graduate and professional school tuitions also will increase by 5.4 percent, bringing total tuition to $35,580 for theGraduateSchooland $35,490 for both theLawSchooland the Masters of Business Administration program.