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National Application Center :: campus tours :: Merrimack College costs & financial aid

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Merrimack College

Merrimack College
315 Turnpike Street
North Andover, MA 01845

Official telephone: (978) 837-5000
Fax number: (978) 837-5222
Website: www.merrimack.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Adrienne Montgomery,
Director of Financial Aid
Contacting the office: 978 837-5196
978 837-5067 (fax)
financialaid@
merrimack.edu
FAFSA number: 002120
CSS/PROFILE number: 3525

EXPENSES
Undergraduate tuition: $36,625; $36,625 out-of-state
Additional required fees: $1,800
Book fees: $1,000
Miscellaneous expenses: $1,450
Other expenses: Transportation, personal.
Combined room and board expenses: $14,345

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoFebruary 15
Noncustodial (Divorced/Separated) Parent's StatementN/AnoFebruary 15
Business/Farm SupplementN/AnoFebruary 15
Sibling verificationN/AnoN/A

Date award notification begins: March 15
Applied for financial aid:
86% of first-year students
80% of full-time undergraduates
47% of part-time undergraduates
Determined to have financial need:
88% of first-year students
90% of full-time undergraduates
92% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
92% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
99% of full-time undergraduates
72% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
81% of first-year students
86% of full-time undergraduates
80% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
14% of first-year students
10% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
16% of first-year students
12% of full-time undergraduates
7% 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):
64% for first-year students
64% for full-time undergraduates
28% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$21,830 for first-year students
$22,246 for full-time undergraduates
$6,594 for part-time undergraduates
Average need-based gift award:
$19,057 for first-year students
$18,377 for full-time undergraduates
$4,225 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,404 for first-year students
$4,709 for full-time undergraduates
$4,449 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,378 for first-year students
$4,635 for full-time undergraduates
$4,449 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
19% of first-year students
19% of full-time undergraduates
3% 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):
$11,519 for first-year students
$9,798 for full-time undergraduates
$6,034 for part-time undergraduates
Students who received a non-need-based athletic award:
7% of first-year students
7% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$17,128 for first-year students
$20,044 for full-time undergraduates
$0 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 Perkins Loans
  • State Loans
  • College/University Loans
  • private/alternative loans.
Parent loans packaged to meet need: no
Types of payment plans:
  • Tuition Management Systems
  • deferred payment plan
  • family tuition reduction
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

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.