Number Received Financial Aid (All Undergraduate)
2,510
Percent Received Financial Aid(All Undergraduate)
95%
Average Aid Amount
$29,009
Number Received Financial Aid (Freshmen)
582
Percent Received Financial Aid (Freshmen)
95%
Financial Aid Information at Mercyhurst
For the academic year 2021-2022, a total of 2,510 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $29,009. For freshmen (Full-time, first-time degree-seeking undergraduate students), 582 students (95% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Mercyhurst University is $44,510, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,510 students (95% of all students) have received grants or scholarships and the average received aid amount is $29,009. 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 | 2,510 | 95% | $29,009 |
| Pell Grants | 771 | 29% | $4,715 |
| Federal Student Loans | 1,866 | 71% | $6,633 |
Beginning Students Financial Aid
a total of 582 beginning students (95% of all freshmen) have received any financial aid and 582 students (95% 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 | 582 | 95% | - |
| Grants or Scholarship from All Sources | 582 | 95% | $32,418 |
| Federal Grants | 165 | 27% | $6,232 |
| Pell Grants | 158 | 26% | $4,512 |
| Other Federal Grants | 51 | 8% | $6,186 |
| State/Local Grants | 141 | 23% | $4,387 |
| Institutional Grants | 580 | 94% | $29,690 |
| Student Loans | 504 | 82% | $7,928 |
| Federal Student Loans | 402 | 65% | $5,341 |
| Other Student Loans | 102 | 17% | $18,123 |
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