How Mercy College of Health Sciences'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 Mercy College of Health Sciences since 2013.

For that period, the average number of students who received grants aid/scholarships is 599, which is 74.00 % of all undergraduate students. 577 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,898.

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	600 (72%)	$6,076	324 (39%)	$3,373	597 (72%)	$7,851
2014-15	532 (69%)	$6,663	285 (37%)	$3,738	549 (71%)	$8,188
2015-16	554 (70%)	$7,610	289 (37%)	$3,784	546 (69%)	$8,169
2016-17	574 (74%)	$7,976	300 (39%)	$4,449	548 (71%)	$8,066
2017-18	549 (73%)	$7,471	304 (40%)	$4,412	573 (76%)	$7,960
2018-19	532 (73%)	$7,492	315 (43%)	$4,548	558 (77%)	$7,808
2019-20	641 (81%)	$6,708	289 (36%)	$4,589	576 (72%)	$7,845
2020-21	677 (78%)	$7,012	306 (35%)	$4,444	613 (71%)	$7,616
2021-22	728 (76%)	$7,608	310 (33%)	$4,874	637 (67%)	$7,576
Average	599 (74.00%)	$7,180	302 (37.67%)	$4,246	577 (71.78%)	$7,898

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

Overview

For the last 10 years, on average, 26 (73.44 % of students) received grants or scholarships and its average amount is $7,806. It can cover 34.91% of tuition & fees ($22,360).

In addition, 24 (68.67 % of students) students get helped from the students loans (average amount : $9,248).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	27 (84%)	$6,612	26 (81%)	$9,407
2014-15	25 (63%)	$6,707	30 (75%)	$9,852
2015-16	24 (60%)	$6,694	25 (63%)	$10,574
2016-17	20 (74%)	$6,191	16 (59%)	$8,056
2017-18	27 (79%)	$7,655	24 (71%)	$8,811
2018-19	24 (75%)	$9,066	24 (75%)	$8,790
2019-20	35 (74%)	$7,671	30 (64%)	$12,130
2020-21	20 (77%)	$10,183	18 (69%)	$7,425
2021-22	33 (75%)	$9,472	27 (61%)	$8,191
Average	26 (73.44%)	$7,806	24 (68.67%)	$9,248

^*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, 16 (45.00 % of students) received Pell (federal) grants and its average amount is $4,834.

In addition, 19 students received State/local government grants/scholarships (52.44 % 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	18 (56%)	$3,287	2 (6%)	$660	21 (66%)	$3,523	10 (31%)	$4,407
2014-15	12 (30%)	$4,660	8 (20%)	$313	20 (50%)	$4,153	9 (23%)	$2,910
2015-16	17 (43%)	$4,248	7 (18%)	$271	12 (30%)	$5,103	9 (23%)	$2,811
2016-17	14 (52%)	$4,020	4 (15%)	$325	14 (52%)	$4,105	6 (22%)	$1,464
2017-18	17 (50%)	$5,562	9 (26%)	$383	16 (47%)	$5,473	19 (56%)	$1,111
2018-19	17 (53%)	$5,751	10 (31%)	$330	16 (50%)	$5,545	14 (44%)	$1,986
2019-20	17 (36%)	$4,676	12 (26%)	$578	26 (55%)	$5,358	17 (36%)	$2,514
2020-21	11 (42%)	$6,628	17 (65%)	$1,701	17 (65%)	$5,480	8 (31%)	$1,086
2021-22	19 (43%)	$4,674	27 (61%)	$1,688	25 (57%)	$6,674	7 (16%)	$1,622
Average	16 (45.00%)	$4,834	11 (29.78%)	$694	19 (52.44%)	$5,046	11 (31.33%)	$2,212

^*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, 24 (68.67 % of students) get any students loan help and its average loan amount is $24.

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	26 (81%)	$9,407	26 (81%)	$5,744	9 (28%)	$10,581
2014-15	30 (75%)	$9,852	30 (75%)	$5,394	11 (28%)	$12,158
2015-16	25 (63%)	$10,574	24 (60%)	$6,934	6 (15%)	$16,323
2016-17	16 (59%)	$8,056	16 (59%)	$6,158	3 (11%)	$10,125
2017-18	24 (71%)	$8,811	24 (71%)	$5,133	6 (18%)	$14,714
2018-19	24 (75%)	$8,790	23 (72%)	$5,860	9 (28%)	$8,466
2019-20	30 (64%)	$12,130	30 (64%)	$5,264	9 (19%)	$22,886
2020-21	18 (69%)	$7,425	17 (65%)	$5,436	3 (12%)	$13,742
2021-22	27 (61%)	$8,191	27 (61%)	$4,503	6 (14%)	$16,596
Average	24 (68.67%)	$9,248	24 (67.56%)	$5,603	7 (19.22%)	$13,955

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Scholarships, Grants, and Loan Trends at Mercy College of Health Sciences

All Undergraduate Students Financial Aid Over Time

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