Financial Aid at Merced

Average Amount Received	% Received Financial Aid
$4,475	83%

7,787 students (83% of total 9,370 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Merced College.

The average amount of the aid awarded is $4,475. For the first-time, full-time beginning students (freshmen), 95% of total 1,005 enrolled students have received any kind of financial aid and its average amount of aid received is $7,004.

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All Undergraduate Financial Aid

At Merced College, 7,787 undergraduate students (83% of total 9,370 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $4,475.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	7,787	83%	$34,843,587	$4,475
Pell Grants	2,881	31%	$11,873,150	$4,121
Federal Student Loan	32	-%	$195,858	$6,121

Beginning Undergraduate Students (Freshmen) Financial Aid

959 beginning undergraduate students (95% of total 1,005 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Merced College. The average amount of aid received is $7,004.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	959	95%	-	-
Grants or Scholarships	959	95%	$6,716,788	$7,004
Federal Grants	953	95%	$5,063,529	$5,313
Pell Grants	543	54%	$2,784,279	$5,128
Other Federal Grants	953	95%	$2,279,250	$2,392
State/Local Grants	822	82%	$1,650,384	$2,008
Institutional Grants	2	-	$2,875	$1,438
Student Loan Aid	1	-	$2,750	$2,750
Federal Student Loans	1	-	$2,750	$2,750
Other Student Loans	-	-	-	-

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Merced College.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	531	531	$4,084,106	$7,691
0-30,000	284	284	$2,416,270	$8,508
30,001-48,000	148	148	$1,159,556	$7,835
48,001-75,000	88	88	$475,708	$5,406
75,001-110,000	11	11	$32,572	$2,961
110,001 or more	-	-	-	-

Financial Aid at Merced

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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