The graduates walked out in opposition to the Trump administration's policies.
Vice President Mike Pence is delivering the commencement address Sunday at Notre Dame.
The Templeton Prize honors a living person who has made an exceptional contribution to affirming life's spiritual dimension.
Pence will be the first vice president to deliver Notre Dame's commencement address.
The President said a public declaration of Notre Dame as a sanctuary campus could draw attention to vulnerable students.
The music building is among three structures being added to the exterior of Notre Dame stadium.
Steve and Yvette Schmitz sued the NCAA and Notre Dame in October 2014 alleging the institutions had shown "reckless disregard" for player safety.
The penalty is for academic misconduct that took place from 2011 to 2013, involving a student athletic trainer.
Post-election threats and vandalism, the University of Notre Dame’s police department can keep its records private, Indiana's wild pig threat and women priests.
The players arrested on marijuana charges may avoid jail time and criminal records after reaching plea bargains with prosecutors.