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Friday, November 22, 2024

Cost of college went up for all students at Mercy College

Collegeclassroom577

Tuition and fees rose 1.8 percent for 2018-19 at Mercy College, according to recent data from the U.S. Department of Education.

New York students paid $19,042 to attend the four-year private not-for-profit institution this year – $328 more than the $18,714 charged for 2017-18.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 830 students received grants or scholarships totaling $12.2 million and 431 students took out student loans totaling more than $2.8 million.

Including all undergraduates (9,031), 4,710 students used grants or scholarships totaling $52.4 million, and 3,823 students took out $27.4 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~7,947$18,076$18,392$18,714$19,0425.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Mercy College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants62372%$3,187,235$5,116
State / local grant or scholarship60370%$2,506,958$4,157
Institutional grants or scholarships82395%$6,486,276$7,881
Grant or scholarship aid total83096%$12,180,469$14,675
Federal student loans42549%$2,099,767$4,941
Other student loans546%$709,844$13,145
Student loan aid43150%$2,809,611$6,519
Total student aid83697%--

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