Number Received Financial Aid (All Undergraduate)
2,332
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$29,385
Number Received Financial Aid (Freshmen)
585
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Mercyhurst
For the academic year 2021-2022, a total of 2,332 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $29,385. For freshmen (Full-time, first-time degree-seeking undergraduate students), 585 students (100% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Mercyhurst University is $43,460, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,332 students (98% of all students) have received grants or scholarships and the average received aid amount is $29,385. 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 | 2,332 | 98% | $29,385 |
| Pell Grants | 645 | 27% | $4,461 |
| Federal Student Loans | 1,668 | 70% | $6,550 |
Beginning Students Financial Aid
a total of 585 beginning students (100% of all freshmen) have received any financial aid and 585 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 | 585 | 100% | - |
| Grants or Scholarship from All Sources | 585 | 100% | $29,937 |
| Federal Grants | 178 | 30% | $7,234 |
| Pell Grants | 169 | 29% | $4,317 |
| Other Federal Grants | 69 | 12% | $8,088 |
| State/Local Grants | 139 | 24% | $3,892 |
| Institutional Grants | 551 | 94% | $28,465 |
| Student Loans | 450 | 77% | $10,491 |
| Federal Student Loans | 448 | 77% | $5,402 |
| Other Student Loans | 141 | 24% | $16,319 |
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