How Mercer's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mercer University since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,310, which is 90.78 % of all undergraduate students. 2,824 students which is 59.67% of undergraduate students received federal student loans and the average loan amount is $7,633.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,945 (89%)	$17,935	1,795 (41%)	$4,485	2,886 (65%)	$8,698
2014-15	3,901 (85%)	$19,109	1,588 (35%)	$4,632	2,473 (54%)	$8,833
2015-16	4,189 (90%)	$20,104	1,669 (36%)	$4,212	3,036 (65%)	$7,973
2016-17	4,268 (91%)	$21,573	1,597 (34%)	$4,312	3,021 (64%)	$8,239
2017-18	4,337 (91%)	$22,228	1,552 (33%)	$4,689	3,080 (65%)	$5,162
2018-19	4,404 (92%)	$22,945	1,602 (33%)	$4,877	2,751 (57%)	$7,467
2019-20	4,547 (93%)	$23,635	1,618 (33%)	$5,007	2,741 (56%)	$7,574
2020-21	4,488 (91%)	$24,149	1,548 (32%)	$3,191	2,729 (56%)	$7,476
2021-22	4,707 (95%)	$24,594	1,637 (33%)	$4,738	2,696 (55%)	$7,272
Average	4,310 (90.78%)	$21,808	1,623 (34.44%)	$4,460	2,824 (59.67%)	$7,633

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

Overview

For the last 10 years, on average, 859 (99.67 % of students) received grants or scholarships and its average amount is $30,001. It can cover 89.88% of tuition & fees ($33,380).

In addition, 494 (57.56 % of students) students get helped from the students loans (average amount : $8,072).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	723 (99%)	$27,302	446 (61%)	$8,205
2014-15	795 (99%)	$27,781	448 (56%)	$7,499
2015-16	826 (100%)	$28,147	513 (62%)	$7,360
2016-17	825 (100%)	$28,528	518 (63%)	$8,485
2017-18	886 (100%)	$29,633	603 (68%)	$7,696
2018-19	968 (99%)	$30,208	531 (55%)	$8,104
2019-20	899 (100%)	$31,826	461 (51%)	$8,279
2020-21	862 (100%)	$32,845	446 (52%)	$8,532
2021-22	947 (100%)	$33,740	476 (50%)	$8,484
Average	859 (99.67%)	$30,001	494 (57.56%)	$8,072

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 246 (28.67 % of students) received Pell (federal) grants and its average amount is $4,899.

In addition, 694 students received State/local government grants/scholarships (80.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	249 (34%)	$4,640	110 (15%)	$1,717	558 (77%)	$4,657	721 (99%)	$21,909
2014-15	221 (27%)	$4,582	100 (12%)	$2,340	596 (74%)	$4,396	793 (99%)	$22,976
2015-16	204 (25%)	$4,550	109 (13%)	$1,927	632 (76%)	$5,425	824 (99%)	$22,673
2016-17	215 (26%)	$4,648	107 (13%)	$2,146	650 (79%)	$5,379	824 (100%)	$22,829
2017-18	256 (29%)	$4,878	103 (12%)	$2,562	717 (81%)	$5,725	885 (100%)	$23,319
2018-19	281 (29%)	$5,174	129 (13%)	$2,507	807 (83%)	$5,695	962 (99%)	$23,771
2019-20	260 (29%)	$5,085	572 (64%)	$1,412	745 (83%)	$6,121	897 (100%)	$24,439
2020-21	250 (29%)	$5,302	361 (42%)	$1,737	732 (85%)	$6,164	860 (99%)	$25,404
2021-22	281 (30%)	$5,232	427 (45%)	$2,763	807 (85%)	$6,177	947 (100%)	$25,678
Average	246 (28.67%)	$4,899	224 (25.44%)	$2,123	694 (80.33%)	$5,527	857 (99.44%)	$23,666

^*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..

Student Loans

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, 494 (57.56 % of students) get any students loan help and its average loan amount is $494.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	446 (61%)	$8,205	440 (61%)	$7,199	43 (6%)	$11,439
2014-15	448 (56%)	$7,499	446 (55%)	$6,959	27 (3%)	$9,465
2015-16	513 (62%)	$7,360	506 (61%)	$5,901	69 (8%)	$11,445
2016-17	518 (63%)	$8,485	515 (62%)	$6,927	83 (10%)	$9,974
2017-18	603 (68%)	$7,696	598 (67%)	$6,223	102 (11%)	$9,009
2018-19	531 (55%)	$8,104	529 (54%)	$5,602	125 (13%)	$10,716
2019-20	461 (51%)	$8,279	453 (50%)	$5,507	131 (15%)	$10,093
2020-21	446 (52%)	$8,532	442 (51%)	$5,473	136 (16%)	$10,195
2021-22	476 (50%)	$8,484	464 (49%)	$5,396	133 (14%)	$11,539
Average	494 (57.56%)	$8,072	488 (56.67%)	$6,132	94 (10.67%)	$10,431

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Scholarships, Grants, and Loan Trends at Mercer

All Undergraduate Students Financial Aid Over Time

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