Student financial aid receives largest share of spending distribution from Notre Dame’s endowment | News | Notre Dame News | University of Notre Dame Skip To Content Skip To Navigation Skip To Search University of Notre Dame Notre Dame News Experts ND in the News Subscribe About Us Home Contact Search Menu Home › News › Student financial aid receives largest share of spending distribution from Notre Dame’s endowment Student financial aid receives largest share of spending distribution from Notre Dame’s endowment Published: October 15, 2019 Author: Dennis Brown Campus Spending distributions for the 2019 fiscal year from the University of Notre Dame’s endowment amounted to $426 million, with the largest area of spending — nearly one-third of the total — going to student financial aid. “We are committed to outstanding stewardship of our donors’ generosity with prudent investment and spending policies,” said Scott Malpass, vice president and chief investment officer. “The growth of the endowment provides ever-increasing resources for financial aid, and also for the great work being done by our students and faculty around the world.” Notre Dame’s endowment pool returned 7.2 percent for the 2019 fiscal year, ending the year with a value of $13.8 billion compared to $13.1 billion at the prior June 30. Over the past 20 years, the annualized return of the Notre Dame endowment pool was 10 percent, placing its long-term results in the top tier of institutional investors. Over that same period, a 60/40 index blend of stocks and bonds returned 5.5 percent. On this basis, the University’s actively managed investment program created value-added compared to the 60/40 index blend of $8.3 billion for the 20 years. Additionally, spending distributions over that period in support of the University’s mission were $4.6 billion, and grew at an annualized rate of 9.5 percent. In the current academic year, Notre Dame will distribute more than $154 million in need-based grant aid for undergraduate students, an amount that has more than doubled since 2009. Nearly half of the University’s students receive such aid, which does not require repayment, and the median grant amount for first-year students with demonstrated financial need is $42,600.   Posted In: University News Home Experts ND in the News Subscribe About Us Related October 03, 2022 Congresswoman Liz Cheney to speak at Notre Dame on the future of democracy September 22, 2022 In memoriam: Rev. Richard Warner, C.S.C., longtime leader for Notre Dame, Congregation of Holy Cross September 22, 2022 ND Forum keynote event to feature Emmy Award-winning actors in Theater of War Productions’ presentation of ‘The Suppliants’ in Notre Dame Stadium September 21, 2022 In annual address to faculty, Father Jenkins outlines campus-wide vision for elevating excellence September 15, 2022 Lilly Endowment Inc. grant helps to expand Notre Dame pre-college programs for Hoosier high school students For the Media Contact Office of Public Affairs and Communications Notre Dame News 500 Grace Hall Notre Dame, IN 46556 USA Facebook Twitter Instagram YouTube Pinterest © 2022 University of Notre Dame Search Mobile App News Events Visit Accessibility Facebook Twitter Instagram YouTube LinkedIn