Scholarships, Grants, and Loan Trends at Gwynedd Mercy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,505, which is 74.11 % of all undergraduate students. 1,424 students which is 69.89% of undergraduate students received federal student loans and the average loan amount is $8,310.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Gwynedd Mercy University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,505, which is 74.11 % of all undergraduate students. 1,424 students which is 69.89% of undergraduate students received federal student loans and the average loan amount is $8,310.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,583 (77%)$13,636748 (36%)$4,0421,543 (75%)$8,216
2014-151,562 (79%)$14,911745 (38%)$4,1541,444 (73%)$8,051
2015-161,561 (78%)$15,845746 (37%)$4,0461,519 (76%)$8,320
2016-171,480 (73%)$16,641669 (33%)$4,1081,521 (75%)$8,496
2017-181,524 (73%)$18,469716 (34%)$4,2971,532 (74%)$8,602
2018-191,496 (66%)$19,445668 (30%)$4,6051,490 (66%)$8,391
2019-201,472 (68%)$19,967623 (29%)$4,5361,425 (66%)$8,213
2020-211,367 (69%)$21,271559 (28%)$4,8161,255 (63%)$8,461
2021-221,497 (84%)$19,398510 (28%)$4,9161,089 (61%)$8,039
Average1,505 (74.11%)$17,731665 (32.56%)$4,3911,424 (69.89%)$8,310

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 225 (99.89 % of students) received grants or scholarships and its average amount is $21,276. It can cover 54.56% of tuition & fees ($38,995).
In addition, 191 (84.44 % of students) students get helped from the students loans (average amount : $10,267).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14211 (100%)$16,975182 (86%)$11,300
2014-15205 (100%)$18,792170 (83%)$9,512
2015-16238 (100%)$19,825207 (87%)$10,241
2016-17222 (100%)$20,939208 (93%)$10,676
2017-18265 (100%)$22,599231 (87%)$10,308
2018-19276 (100%)$22,395232 (84%)$10,401
2019-20239 (100%)$22,638205 (86%)$9,850
2020-21196 (99%)$22,811148 (75%)$9,877
2021-22175 (100%)$24,512138 (79%)$10,242
Average225 (99.89%)$21,276191 (84.44%)$10,267
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 86 (37.78 % of students) received Pell (federal) grants and its average amount is $4,424.
In addition, 105 students received State/local government grants/scholarships (46.22 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1468 (32%)$4,06516 (8%)$1,14693 (44%)$3,501211 (100%)$14,034
2014-1579 (39%)$4,23126 (13%)$1,127105 (51%)$3,169205 (100%)$15,396
2015-1692 (39%)$4,19415 (6%)$1,267106 (45%)$3,784238 (100%)$16,439
2016-1780 (36%)$4,43315 (7%)$1,489118 (53%)$3,815222 (100%)$17,213
2017-18113 (43%)$4,66417 (6%)$1,428150 (57%)$3,626264 (100%)$18,536
2018-19110 (40%)$4,66227 (10%)$1,772126 (46%)$3,512276 (100%)$18,760
2019-20101 (42%)$4,202204 (85%)$713119 (50%)$3,344239 (100%)$18,588
2020-2167 (34%)$4,62991 (46%)$1,37478 (40%)$3,660193 (98%)$19,432
2021-2261 (35%)$4,735175 (100%)$1,60852 (30%)$4,670175 (100%)$19,866
Average86 (37.78%)$4,42465 (31.22%)$1,325105 (46.22%)$3,676225 (99.78%)$17,585
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 191 (84.44 % of students) get any students loan help and its average loan amount is $191.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14182 (86%)$11,300177 (84%)$6,25960 (28%)$15,812
2014-15170 (83%)$9,512169 (82%)$6,00549 (24%)$12,288
2015-16207 (87%)$10,241204 (86%)$5,85067 (28%)$13,829
2016-17208 (93%)$10,676205 (92%)$5,70664 (29%)$16,419
2017-18231 (87%)$10,308229 (86%)$5,97265 (25%)$15,595
2018-19232 (84%)$10,401229 (83%)$5,63374 (27%)$15,176
2019-20205 (86%)$9,850201 (84%)$5,42060 (25%)$15,498
2020-21148 (75%)$9,877141 (72%)$5,35646 (23%)$15,362
2021-22138 (79%)$10,242135 (77%)$5,32039 (22%)$17,823
Average191 (84.44%)$10,267188 (82.89%)$5,72558 (25.67%)$15,311
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