Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $24,594 and the average loan amount is $7,272. The average financial aid amount is 73.68% of tuition & fees (tuition & fees: $33,380).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid4,707 95%$115,764,625$24,594
Pell Grants1,637 33%$7,756,548$4,738
Federal Students Loans2,696 55%$19,604,497$7,272

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), 947 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 $33,740 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,484.
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 Aid947100%--
Grant or scholarship aid947 100%$31,951,932$33,740
Federal Grants428 45%$2,649,987$6,192
Pell Grants281 30%$1,470,224$5,232
Other Federal Grants427 45%$1,179,763$2,763
State/Local Grants807 85%$4,985,188$6,177
Institutional Grants947 100%$24,316,757$25,678
Student Loans476 50%$4,038,366$8,484
Federal Student Loans464 49%$2,503,647$5,396
Other Student Loans133 14%$1,534,719$11,539