Number Received Financial Aid (All Undergraduate)
4,620
Percent Received Financial Aid(All Undergraduate)
71%
Average Aid Amount
$12,164
Number Received Financial Aid (Freshmen)
828
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at Mercy
For the academic year 2021-2022, a total of 4,620 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $12,164. For freshmen (Full-time, first-time degree-seeking undergraduate students), 828 students (98% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Mercy College is $22,106, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 4,620 students (71% of all students) have received grants or scholarships and the average received aid amount is $12,164. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Mercy College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 4,620 | 71% | $12,164 |
| Pell Grants | 3,255 | 50% | $5,397 |
| Federal Student Loans | 3,359 | 52% | $7,475 |
Beginning Students Financial Aid
a total of 828 beginning students (98% of all freshmen) have received any financial aid and 828 students (98% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Mercy College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 828 | 98% | - |
| Grants or Scholarship from All Sources | 821 | 97% | $14,789 |
| Federal Grants | 629 | 74% | $5,659 |
| Pell Grants | 629 | 74% | $5,442 |
| Other Federal Grants | 72 | 9% | $1,898 |
| State/Local Grants | 543 | 64% | $4,069 |
| Institutional Grants | 817 | 97% | $7,800 |
| Student Loans | 381 | 45% | $6,798 |
| Federal Student Loans | 374 | 44% | $5,073 |
| Other Student Loans | 43 | 5% | $16,106 |
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