For the academic year 2022-2023, total 212 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,204 students (97% of all students) received grants or scholarships and the average grant amount is $22,913. In addition, 820 students received student loans and the average loan amount is $8,991.
Below tables show the number and amount by source of financial aid at Mount Mercy University.
For all undergraduate students, total 1,204 students (97% of all students) received grants or scholarships and the average grant amount is $22,913. In addition, 820 students received student loans and the average loan amount is $8,991.
Below tables show the number and amount by source of financial aid at Mount Mercy University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,204 | 97% | $22,913 |
| Pell Grants | 442 | 36% | $4,263 |
| Federal Student Loans | 820 | 66% | $8,991 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 212 | 100% | - |
| Grants or Scholarship from All Sources | 212 | 100% | $27,288 |
| Federal Grants | 70 | 33% | $5,220 |
| Pell Grants | 70 | 33% | $4,717 |
| Other Federal Grants | 50 | 24% | $705 |
| State/Local Grants | 94 | 44% | $6,193 |
| Institutional Grants | 212 | 100% | $22,818 |
| Student Loans | 139 | 66% | $10,743 |
| Federal Student Loans | 139 | 66% | $8,227 |
| Other Student Loans | 23 | 11% | $15,207 |
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