univstats

How many students are received the students loans at inst?

For the academic year 2022-2023, total 381 full-time, first-time students (45% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 3,359 students (52% of all students) have received federal student loans and the average loan amount is $7,475 at Mercy College.

Below tables show the number and amount by source of financial aid at Mercy College.
All Undergraduate Student Financial Aid at Mercy College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,62071%$12,164
Pell Grants3,25550%$5,397
Federal Student Loans3,35952%$7,475
Beginning Students (Freshmen) Financial Aid at Mercy College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid82898%-
Grants or Scholarship from All Sources82197%$14,789
Federal Grants62974%$5,659
Pell Grants62974%$5,442
Other Federal Grants729%$1,898
State/Local Grants54364%$4,069
Institutional Grants81797%$7,800
Student Loans38145%$6,798
Federal Student Loans37444%$5,073
Other Student Loans435%$16,106

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Mercy

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