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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mercyhurst University since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,500, which is 96.91 % of all undergraduate students. 1,817 students which is 70.55% of undergraduate students received federal student loans and the average loan amount is $6,974.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,661 (96%)$19,100917 (33%)$4,2362,009 (73%)$7,255
2012-132,681 (97%)$19,932874 (32%)$4,1591,959 (71%)$7,366
2013-142,583 (96%)$19,420860 (32%)$4,2152,172 (81%)$7,591
2014-152,473 (96%)$21,619764 (30%)$4,2931,809 (71%)$7,007
2015-162,420 (96%)$22,694685 (27%)$4,3501,656 (66%)$7,190
2016-172,364 (96%)$26,133659 (27%)$4,4741,595 (65%)$7,051
2017-182,419 (99%)$25,128712 (29%)$4,3551,648 (67%)$6,659
2018-192,337 (98%)$27,869684 (29%)$4,4851,633 (69%)$6,658
2019-202,332 (98%)$29,385645 (27%)$4,4611,668 (70%)$6,550
2020-212,718 (99%)$26,824882 (32%)$4,5821,977 (72%)$6,756
2021-222,510 (95%)$29,009771 (29%)$4,7151,866 (71%)$6,633
Average2,500 (96.91%)$24,283768 (29.73%)$4,3931,817 (70.55%)$6,974

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 628 (98.91 % of students) received grants or scholarships and its average amount is $26,497. It can cover 59.53% of tuition & fees ($44,510).
In addition, 466 (73.45 % of students) students get helped from the students loans (average amount : $8,721).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12669 (99%)$20,712522 (77%)$7,212
2012-13668 (100%)$21,518459 (69%)$8,136
2013-14597 (100%)$22,411431 (72%)$7,868
2014-15603 (98%)$23,882435 (71%)$8,768
2015-16587 (100%)$25,853403 (69%)$8,663
2016-17719 (99%)$28,266517 (71%)$8,360
2017-18581 (99%)$26,395415 (71%)$8,824
2018-19631 (98%)$29,129479 (75%)$9,833
2019-20585 (100%)$29,937450 (77%)$10,491
2020-21690 (100%)$30,945508 (74%)$9,844
2021-22582 (95%)$32,418504 (82%)$7,928
Average628 (98.91%)$26,497466 (73.45%)$8,721
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 184 (29.00 % of students) received Pell (federal) grants and its average amount is $4,316.
In addition, 166 students received State/local government grants/scholarships (26.18 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12200 (30%)$4,073104 (15%)$1,841169 (25%)$3,249669 (99%)$18,387
2012-13199 (30%)$3,9701 (0%)$4,000195 (29%)$3,130667 (100%)$19,444
2013-14178 (30%)$4,0583 (1%)$1,933165 (28%)$3,186596 (99%)$20,345
2014-15153 (25%)$4,2504 (1%)$2,375140 (23%)$3,148598 (98%)$22,241
2015-16160 (27%)$4,44814 (2%)$1,994188 (32%)$2,800582 (99%)$23,900
2016-17209 (29%)$4,45318 (2%)$1,576170 (23%)$3,640719 (99%)$26,071
2017-18174 (30%)$4,38517 (3%)$1,738149 (25%)$3,528581 (99%)$24,126
2018-19194 (30%)$4,384111 (17%)$2,484165 (26%)$3,890631 (98%)$26,327
2019-20169 (29%)$4,31769 (12%)$8,088139 (24%)$3,892551 (94%)$28,465
2020-21229 (33%)$4,630608 (88%)$1,073209 (30%)$3,733687 (100%)$27,451
2021-22158 (26%)$4,51251 (8%)$6,186141 (23%)$4,387580 (94%)$29,690
Average184 (29.00%)$4,31691 (14.90%)$3,026166 (26.18%)$3,508624 (98.09%)$24,222
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 466 (73.45 % of students) get any students loan help and its average loan amount is $466.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12522 (77%)$7,212520 (77%)$5,68867 (10%)$12,043
2012-13459 (69%)$8,136459 (69%)$5,88977 (12%)$13,395
2013-14431 (72%)$7,868431 (72%)$5,91065 (11%)$12,989
2014-15435 (71%)$8,768432 (70%)$5,693105 (17%)$12,903
2015-16403 (69%)$8,663395 (67%)$5,86889 (15%)$13,184
2016-17517 (71%)$8,360510 (70%)$5,776110 (15%)$12,514
2017-18415 (71%)$8,824413 (70%)$5,53595 (16%)$14,486
2018-19479 (75%)$9,833461 (72%)$5,693127 (20%)$16,423
2019-20450 (77%)$10,491448 (77%)$5,402141 (24%)$16,319
2020-21508 (74%)$9,844501 (73%)$5,469132 (19%)$17,125
2021-22504 (82%)$7,928402 (65%)$5,341102 (17%)$18,123
Average466 (73.45%)$8,721452 (71.09%)$5,660101 (16.00%)$14,500

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