Number Received Financial Aid (All Undergraduate)
1,204
Percent Received Financial Aid(All Undergraduate)
97%
Average Aid Amount
$22,913
Number Received Financial Aid (Freshmen)
212
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Mount Mercy
For the academic year 2021-2022, a total of 1,204 students (97% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $22,913. For freshmen (Full-time, first-time degree-seeking undergraduate students), 212 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Mount Mercy University is $39,070, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,204 students (97% of all students) have received grants or scholarships and the average received aid amount is $22,913. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Mount Mercy 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 | 1,204 | 97% | $22,913 |
| Pell Grants | 442 | 36% | $4,263 |
| Federal Student Loans | 820 | 66% | $8,991 |
Beginning Students Financial Aid
a total of 212 beginning students (100% of all freshmen) have received any financial aid and 212 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 Mount Mercy University.
| 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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