Number Received Financial Aid (All Undergraduate)
3,912
Percent Received Financial Aid(All Undergraduate)
95%
Average Aid Amount
$25,169
Number Received Financial Aid (Freshmen)
941
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at Merrimack
For the academic year 2021-2022, a total of 3,912 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $25,169. For freshmen (Full-time, first-time degree-seeking undergraduate students), 941 students (98% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Merrimack College is $51,786, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 3,912 students (95% of all students) have received grants or scholarships and the average received aid amount is $25,169. 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 | 3,912 | 95% | $25,169 |
| Pell Grants | 664 | 16% | $4,802 |
| Federal Student Loans | 2,573 | 62% | $6,561 |
Beginning Students Financial Aid
a total of 941 beginning students (98% of all freshmen) have received any financial aid and 940 students (97% 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 | 941 | 98% | - |
| Grants or Scholarship from All Sources | 940 | 97% | $27,729 |
| Federal Grants | 172 | 18% | $5,426 |
| Pell Grants | 172 | 18% | $4,888 |
| Other Federal Grants | 27 | 3% | $3,426 |
| State/Local Grants | 141 | 15% | $2,292 |
| Institutional Grants | 940 | 97% | $26,393 |
| Student Loans | 617 | 64% | $12,924 |
| Federal Student Loans | 595 | 62% | $5,354 |
| Other Student Loans | 202 | 21% | $23,706 |
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