Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Students Receiving Aid
Percent of Students Receiving Financial Aid.
Total Aid Amount
Average Total Aid Awarded per year.
Financial Aid Official Website
Mercer University(MU) provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $96,404,088 in financial aid through scholarships, grants, loans, and work-study assistance.
University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. LU’s merit-based scholarships are offered through the following programs:
President’s Scholarship is offered to the fresher students of the university.
Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.
Faculty Scholarship, awarded to those who scored excellent high school grades.
University Scholarship awarded based on a combination of ACT/SAT scores.
Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:
Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.
Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.
Student Receiving Aid
Federal Grant Aid
State Grant Aid
Institution Grant Aid
Average Aid Awarded
A federal grant is also an option for you if you meet the eligibility criteria, 29% of candidates cover up their expenses and the average of it is $5,909. The Pell grants average amount is $4,878 and serves 29% candidates.
In addition to these, the state grants also cover up the expenses of 81% of pupils and the average of it is $5,725. You might depend upon the institutional scholarships and grants as almost 100% of all students get hold of them and the average of them is $23,319.
Average Federal Aid Per Year
$30,001 - $48,000
$48,001 - $75,000
$75,001 - $110,000
A student having an annual family income of less than $30,000 might face an aid amount of $32,852 as the net aid price. You will find this amount to be lowered up to $32,159 in case of an income between the range of $30,001-$48,000.
The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $31,478 and for a range of $75,001-$110,000, your net aid price will amount to $27,376.
Average Loan Amount
Average Loan Amount received per year.
Students Taking Out Loans
Loan Default Rate
New York, New York
Saint Leo, Florida
Salt Lake City, Utah