Mercyhurst University Tuition and Financial Aid

Mercyhurst University Tuition And Expenses

Cost of Attendance $51,541
Tuition and Fees
$36,320
Room and Board
$12,210
Books and Supplies
$1,200
Other Expenses
$1,811
Payment Plans Installment plan, external finance company

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Mercyhurst University Applying For Financial Aid

Financial Aid Office
E-mail
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline Priority deadline March 1
Award Notification On a rolling basis beginning February 15
Methodology for Awarding Institutional Aid Federal Methodology
Forms Required Cost to File
FAFSA Code is 003297 Free

Mercyhurst University Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants 490 (82.9%) of freshmen
Found to Have Financial Need 433 (88.4%) of applicants
Received Financial Aid 433 (100.0%) of applicants with financial need
Need Fully Met 76 (17.6%) of aid recipients
Average Percent of Need Met 49%
Average Award $17,454
Need-Based Gift
Received by 433 (100.0%) of aid recipients, average amount $14,333
Need-Based Self-Help
Received by 359 (82.9%) of aid recipients, average amount $4,186
Merit-Based Gift
Received by 349 (80.6%) of aid recipients
Merit-Based Gift 104 (17.6%) of freshmen had no financial need and received merit aid, average amount $14,324
All Undergraduates
Financial Aid Applicants 1,866 (78.8%) of undergraduates
Found to Have Financial Need 1,686 (90.4%) of applicants
Received Financial Aid 1,686 (100.0%) of applicants with financial need
Need Fully Met 104 (6.2%) of aid recipients
Average Percent of Need Met 50%
Average Award $26,019
Need-Based Gift
Received by 1,682 (99.8%) of aid recipients, average amount $16,089
Need-Based Self-Help
Received by 1,459 (86.5%) of aid recipients, average amount $4,964
Merit-Based Gift
Received by 1,223 (72.5%) of aid recipients
Merit-Based Gift 411 (17.3%) of undergraduates had no financial need and received merit aid, average amount $15,583
Borrowing
2016 Graduates Who Took Out Loans 73%
Average Indebtedness of 2016 Graduates $24,739
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid
Not reported
Parents of Students Not Receiving Aid
Not reported

Mercyhurst University Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans
Other Loans College/university loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, Minority scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships, Religious affiliation scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas Applied Art and Design, Art/Fine Arts, Dance, Music
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Characteristics Award Areas Children and Siblings of Alumni, Children of Faculty/Staff
Number of Awards
Not reported
Top Areas (By Money Awarded)
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from On-Campus Employment Not reported