Number Received Financial Aid (All Undergraduate)
4,384
Percent Received Financial Aid(All Undergraduate)
69%
Average Aid Amount
$12,407
Number Received Financial Aid (Freshmen)
900
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Mercy
For the academic year 2023-2024, a total of 4,384 students (69% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $12,407. For freshmen (Full-time, first-time degree-seeking undergraduate students), 900 students (99% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Mercy University is $22,880, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 4,384 students (69% of all students) have received grants or scholarships and the average received aid amount is $12,407. 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 University 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 | 4,384 | 69% | $12,407 |
| Pell Grants | 3,019 | 47% | $5,338 |
| Federal Student Loans | 3,119 | 49% | $7,450 |
Beginning Students Financial Aid
a total of 900 beginning students (99% of all freshmen) have received any financial aid and 899 students (99% 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 University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 900 | 99% | - |
| Grants or Scholarship from All Sources | 898 | 98% | $15,611 |
| Federal Grants | 620 | 68% | $5,931 |
| Pell Grants | 620 | 68% | $5,806 |
| Other Federal Grants | 42 | 5% | $1,857 |
| State/Local Grants | 544 | 60% | $3,863 |
| Institutional Grants | 896 | 98% | $9,196 |
| Student Loans | 452 | 50% | $6,335 |
| Federal Student Loans | 448 | 49% | $5,171 |
| Other Student Loans | 38 | 4% | $14,397 |
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