Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $30,524 and the average loan amount is $6,658. The average financial aid amount is 68.58% of tuition & fees (tuition & fees: $44,510).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,296 94%$70,083,828$30,524
Pell Grants731 30%$3,726,261$5,097
Federal Students Loans1,648 67%$10,972,268$6,658

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), 540 students have received one or more types of financial aid at Mercyhurst University.
The average amount of federal, state, local or institutional grant aid is $31,437 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,905.
The following table shows the financial data by type of aid at Mercyhurst University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid548100%--
Grant or scholarship aid540 99%$16,975,896$31,437
Federal Grants182 33%$1,196,450$6,574
Pell Grants177 32%$944,701$5,337
Other Federal Grants103 19%$251,749$2,444
State/Local Grants170 31%$869,504$5,115
Institutional Grants523 95%$14,909,942$28,508
Student Loans377 69%$3,734,094$9,905
Federal Student Loans370 68%$2,024,992$5,473
Other Student Loans102 19%$1,709,102$16,756