Number Received Financial Aid (All Undergraduate)
2,296
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$30,524
Number Received Financial Aid (Freshmen)
548
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Mercyhurst
For the academic year 2023-2024, a total of 2,296 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $30,524. For freshmen (Full-time, first-time degree-seeking undergraduate students), 548 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Mercyhurst University is $45,770, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,296 students (94% of all students) have received grants or scholarships and the average received aid amount is $30,524. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Mercyhurst 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 | 2,296 | 94% | $30,524 |
| Pell Grants | 731 | 30% | $5,097 |
| Federal Student Loans | 1,648 | 67% | $6,658 |
Beginning Students Financial Aid
a total of 548 beginning students (100% of all freshmen) have received any financial aid and 548 students (100% 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 Mercyhurst University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 548 | 100% | - |
| Grants or Scholarship from All Sources | 540 | 99% | $31,437 |
| Federal Grants | 182 | 33% | $6,574 |
| Pell Grants | 177 | 32% | $5,337 |
| Other Federal Grants | 103 | 19% | $2,444 |
| State/Local Grants | 170 | 31% | $5,115 |
| Institutional Grants | 523 | 95% | $28,508 |
| Student Loans | 377 | 69% | $9,905 |
| Federal Student Loans | 370 | 68% | $5,473 |
| Other Student Loans | 102 | 19% | $16,756 |
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