Applying For Financial Aid
Applying For Financial Aid
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Email
admissions@mercy.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning January 1
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002772 Free
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
997 (95.9%) of freshmen
Found to Have Financial Need
927 (93.0%) of applicants
Received Financial Aid
923 (99.6%) of applicants with financial need
Need Fully Met
27 (2.9%) of aid recipients
Average Percent of Need Met
61%
Average Award
$21,070
Need-Based Gift
Received by 903 (97.8%) of aid recipients, average amount $14,101
Need-Based Self-Help
Received by 402 (43.6%) of aid recipients, average amount $3,315
Merit-Based Gift
Received by 902 (97.7%) of aid recipients
67 (6.4%) of freshmen had no financial need and received merit aid, average amount $7,481
All Undergraduates
Financial Aid Applicants
4,738 (92.6%) of undergraduates
Found to Have Financial Need
4,404 (93.0%) of applicants
Received Financial Aid
4,311 (97.9%) of applicants with financial need
Need Fully Met
121 (2.8%) of aid recipients
Average Percent of Need Met
50%
Average Award
$17,904
Need-Based Gift
Received by 3,984 (92.4%) of aid recipients, average amount $12,290
Need-Based Self-Help
Received by 2,628 (61.0%) of aid recipients, average amount $4,205
Merit-Based Gift
Received by 3,273 (75.9%) of aid recipients
262(5.1%)of undergraduates had no financial need and received merit aid,average amount $6,102
All Undergraduates
2024 Graduates Who Took Out Loans
64%
Average Indebtedness of 2024 Graduates
$26,760
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Nursing Loans
State Loans
Available
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2026 Peterson's LLC. All rights reserved.