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What is the average financial aid amount at Merced College?

For the academic year 2022-2023, total 959 full-time, first-time students (95% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 7,787 students (83% of all students) received grants or scholarships and the average grant amount is $4,475. In addition, 32 students received student loans and the average loan amount is $6,121.

Below tables show the number and amount by source of financial aid at Merced College.
All Undergraduate Student Financial Aid at Merced College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,78783%$4,475
Pell Grants2,88131%$4,121
Federal Student Loans320%$6,121
Beginning Students (Freshmen) Financial Aid at Merced College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid95995%-
Grants or Scholarship from All Sources95995%$7,004
Federal Grants95395%$5,313
Pell Grants54354%$5,128
Other Federal Grants95395%$2,392
State/Local Grants82282%$2,008
Institutional Grants20%$1,438
Student Loans10%$2,750
Federal Student Loans10%$2,750
Other Student Loans00%$0

Know more about Merced

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