univstats
Number Received Financial Aid (All Undergraduate) 7,125
Percent Received Financial Aid(All Undergraduate) 85%
Average Aid Amount $23,874
Number Received Financial Aid (Freshmen) 2,022
Percent Received Financial Aid (Freshmen) 85%

Financial Aid Information at UC Merced

For the academic year 2023-2024, a total of 7,125 students (85% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $23,874. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,022 students (85% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at University of California-Merced is $14,653 for California residents and $46,541 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 7,125 students (85% of all students) have received grants or scholarships and the average received aid amount is $23,874. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at University of California-Merced for all undergraduate students.
Undergraduate Student Financial Aid at University of California-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,12585%$23,874
Pell Grants4,92359%$5,625
Federal Student Loans2,62431%$5,247

Beginning Students Financial Aid

a total of 2,022 beginning students (85% of all freshmen) have received any financial aid and 2,009 students (85% 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 University of California-Merced.
Beginning Students (Freshmen) Financial Aid at University of California-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,02285%-
Grants or Scholarship from All Sources1,92481%$24,868
Federal Grants1,38959%$6,312
Pell Grants1,29555%$5,704
Other Federal Grants1,28654%$1,074
State/Local Grants1,77875%$11,227
Institutional Grants1,69271%$11,298
Student Loans74631%$5,023
Federal Student Loans72431%$4,710
Other Student Loans301%$11,238

Students Headcount by Living Status

For academic year 2023-2024, total 1,906 full-time beginning students have enrolled and attended University of California-Merced. Among them, 1,526 students have lived on campus and 161 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at University of California-Merced
Living Status202120222023
Living On-Campus2841,6901,526
Living Off-Campus with Family0210204
Living Off-Campus without Family1,46960161

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at University of California-Merced
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,6061,517$39,112,797$24,354
$0 - $30,000586585$16,716,156$28,526
$30,001 - $48,000362362$9,961,044$27,517
$48,001 - $75,000313313$7,982,687$25,504
$75,001 - $110,000166159$3,282,716$19,775
$110,001 or more17998$1,170,194$6,537