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How many students are received any financial aid at Mercyhurst University?

For the academic year 2022-2023, total 582 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 2,510 students (95% of all students) received grants or scholarships and the average grant amount is $29,009. In addition, 1,866 students received student loans and the average loan amount is $6,633.

Below tables show the number and amount by source of financial aid at Mercyhurst University.
All Undergraduate Student Financial Aid at Mercyhurst University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,51095%$29,009
Pell Grants77129%$4,715
Federal Student Loans1,86671%$6,633
Beginning Students (Freshmen) Financial Aid at Mercyhurst University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid58295%-
Grants or Scholarship from All Sources58295%$32,418
Federal Grants16527%$6,232
Pell Grants15826%$4,512
Other Federal Grants518%$6,186
State/Local Grants14123%$4,387
Institutional Grants58094%$29,690
Student Loans50482%$7,928
Federal Student Loans40265%$5,341
Other Student Loans10217%$18,123

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

Know more about Mercyhurst

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