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National Application Center :: campus tours :: Mercyhurst University costs & financial aid

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Mercyhurst University

Mercyhurst University
501 East 38th Street
Erie, PA 16546

Official telephone: (814) 824-2000
Fax number: (814) 824-2071
Website: https://www.mercyhurst.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://app.meadowfi.com/
mercyhurst

EXPENSES
Undergraduate tuition: $41,580; $41,580 out-of-state
Book fees: $1,200
Miscellaneous expenses: $1,100
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $12,750

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMay 1noN/A
State Aid FormN/AnoN/A
Common AppN/AnoN/A

Date award notification begins: November 15
Applied for financial aid:
89% of first-year students
81% of full-time undergraduates
Determined to have financial need:
89% of first-year students
96% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
80% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
100% of first-year students
95% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
48% of first-year students
44% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
80% for first-year students
80% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$37,908 for first-year students
$33,680 for full-time undergraduates
Average need-based gift award:
$19,248 for first-year students
$14,130 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,361 for first-year students
$4,651 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,357 for first-year students
$4,228 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
13% of first-year students
12% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$22,640 for first-year students
$22,101 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.