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

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Mercy University

Mercy University
555 Broadway
Dobbs Ferry, NY 10522

Official telephone: (800) 637-2969
Toll-free telephone: (800) MERCY-NY
Fax number: (914) 674-5978
Website: www.mercy.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Margaret McGrail,
Vice President for Students Services
Contacting the office: 888 464-6737
800 MERCY-NY (toll free)
914 674-7419 (fax)
mmcgrail@mercy.edu
FAFSA number: 002772

EXPENSES
Undergraduate tuition: $17,772; $17,772 out-of-state
Additional required fees: $620
Book fees: $1,524
Miscellaneous expenses: $3,348
Other expenses: Transportation, miscellaneous.
Combined room and board expenses: $10,552 - $13,700

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15yesN/A
State Aid FormFebruary 15yesN/A

Date award notification begins: February 20
Applied for financial aid:
97% of first-year students
93% of full-time undergraduates
68% of part-time undergraduates
Determined to have financial need:
91% of first-year students
94% of full-time undergraduates
90% of part-time undergraduates
Students determined to have financial need who received any financial aid:
98% of first-year students
97% of full-time undergraduates
82% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
88% of first-year students
92% of full-time undergraduates
69% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
72% of first-year students
82% of full-time undergraduates
81% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
52% of first-year students
29% of full-time undergraduates
15% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
3% of first-year students
2% of full-time undergraduates
3% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
55% for first-year students
51% for full-time undergraduates
35% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$14,313 for first-year students
$13,215 for full-time undergraduates
$5,255 for part-time undergraduates
Average need-based gift award:
$10,734 for first-year students
$9,249 for full-time undergraduates
$2,711 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,425 for first-year students
$4,288 for full-time undergraduates
$3,892 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,204 for first-year students
$4,171 for full-time undergraduates
$3,892 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
6% of first-year students
3% of full-time undergraduates
0% of part-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):
$4,298 for first-year students
$3,737 for full-time undergraduates
$2,982 for part-time undergraduates
Students who received a non-need-based athletic award:
8% of first-year students
4% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$5,326 for first-year students
$5,325 for full-time undergraduates
$3,883 for part-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
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Nursing Loans
  • State Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 81%
Average student debt upon graduation: $26,100
Types of payment plans:
  • deferred payment plan
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • athletic scholarships

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