Number Received Financial Aid (All Undergraduate)
3,975
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$27,006
Number Received Financial Aid (Freshmen)
1,179
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Merrimack
For the academic year 2023-2024, a total of 3,975 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $27,006. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,179 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Merrimack College is $53,962, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 3,975 students (94% of all students) have received grants or scholarships and the average received aid amount is $27,006. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Merrimack College 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 | 3,975 | 94% | $27,006 |
| Pell Grants | 642 | 15% | $5,016 |
| Federal Student Loans | 2,583 | 61% | $6,529 |
Beginning Students Financial Aid
a total of 1,179 beginning students (100% of all freshmen) have received any financial aid and 1,179 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 Merrimack College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,179 | 100% | - |
| Grants or Scholarship from All Sources | 1,179 | 100% | $29,235 |
| Federal Grants | 209 | 18% | $5,700 |
| Pell Grants | 209 | 18% | $4,708 |
| Other Federal Grants | 90 | 8% | $2,303 |
| State/Local Grants | 159 | 13% | $2,596 |
| Institutional Grants | 1,179 | 100% | $27,875 |
| Student Loans | 785 | 66% | $13,264 |
| Federal Student Loans | 755 | 64% | $5,365 |
| Other Student Loans | 250 | 21% | $25,446 |
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