Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $24,439 and the average loan amount is $7,407. The average financial aid amount is 73.21% of tuition & fees (tuition & fees: $33,380).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid4,411 91%$107,799,890$24,439
Pell Grants1,618 33%$9,052,024$5,595
Federal Students Loans2,964 61%$21,955,251$7,407

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 896 students have received one or more types of financial aid at Mercer University.
The average amount of federal, state, local or institutional grant aid is $32,402 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,660.
The following table shows the financial data by type of aid at Mercer University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid897100%--
Grant or scholarship aid896 100%$29,031,871$32,402
Federal Grants267 30%$2,013,142$7,540
Pell Grants267 30%$1,548,631$5,800
Other Federal Grants169 19%$464,511$2,749
State/Local Grants755 84%$4,484,556$5,940
Institutional Grants881 98%$22,534,173$25,578
Student Loans540 60%$4,676,266$8,660
Federal Student Loans489 55%$2,696,510$5,514
Other Student Loans250 28%$1,979,756$7,919