Scholarships, Grants, and Loan Trends at Misericordia

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,805, which is 84.33 % of all undergraduate students. 1,534 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,282.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 81% 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 Misericordia University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,805, which is 84.33 % of all undergraduate students. 1,534 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,282.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,045 (85%)$13,032694 (29%)$3,8721,741 (72%)$7,066
2014-152,046 (83%)$13,036673 (27%)$3,9171,732 (70%)$7,327
2015-162,017 (84%)$14,521652 (27%)$3,9701,749 (73%)$7,428
2016-171,870 (85%)$15,570591 (27%)$4,0591,563 (71%)$7,335
2017-181,853 (86%)$17,073543 (25%)$4,0251,527 (71%)$7,094
2018-191,784 (88%)$18,057529 (26%)$4,1241,450 (71%)$7,192
2019-201,768 (90%)$18,546514 (26%)$4,1701,447 (74%)$7,441
2020-211,622 (88%)$20,028446 (24%)$4,3461,290 (70%)$7,353
2021-221,241 (70%)$22,731399 (23%)$4,8591,310 (74%)$7,298
Average1,805 (84.33%)$16,955560 (26.00%)$4,1491,534 (71.78%)$7,282

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

For the last 10 years, on average, 409 (99.89 % of students) received grants or scholarships and its average amount is $19,736. It can cover 51.44% of tuition & fees ($38,370).
In addition, 332 (80.89 % of students) students get helped from the students loans (average amount : $10,327).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14427 (100%)$14,730337 (79%)$10,166
2014-15434 (99%)$14,842362 (83%)$10,839
2015-16434 (100%)$17,713370 (85%)$9,560
2016-17423 (100%)$18,572351 (83%)$10,059
2017-18434 (100%)$20,866351 (81%)$9,334
2018-19410 (100%)$21,041327 (80%)$10,528
2019-20410 (100%)$21,131335 (82%)$11,425
2020-21350 (100%)$25,719269 (77%)$10,418
2021-22360 (100%)$23,008282 (78%)$10,614
Average409 (99.89%)$19,736332 (80.89%)$10,327
*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, 101 (24.56 % of students) received Pell (federal) grants and its average amount is $4,399.
In addition, 128 students received State/local government grants/scholarships (31.00 % 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
2013-14120 (28%)$4,17570 (16%)$521156 (36%)$3,817423 (99%)$12,190
2014-1599 (23%)$4,15242 (10%)$512131 (30%)$3,190434 (99%)$12,883
2015-16117 (27%)$4,16358 (13%)$506157 (36%)$3,786434 (100%)$15,153
2016-17105 (25%)$4,39254 (13%)$509120 (28%)$3,513423 (100%)$16,421
2017-18100 (23%)$3,94224 (6%)$500130 (30%)$3,354434 (100%)$18,926
2018-19102 (25%)$4,55324 (6%)$525135 (33%)$3,372410 (100%)$18,768
2019-2094 (23%)$4,62630 (7%)$550123 (30%)$3,245410 (100%)$19,057
2020-2178 (22%)$4,54219 (5%)$50098 (28%)$3,781350 (100%)$23,621
2021-2292 (25%)$5,04931 (9%)$492102 (28%)$4,569360 (100%)$20,381
Average101 (24.56%)$4,39939 (9.44%)$513128 (31.00%)$3,625409 (99.78%)$17,489
*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, 332 (80.89 % of students) get any students loan help and its average loan amount is $332.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14337 (79%)$10,166331 (77%)$6,26186 (20%)$15,738
2014-15362 (83%)$10,839362 (83%)$5,97497 (22%)$18,155
2015-16370 (85%)$9,560365 (84%)$5,91987 (20%)$15,824
2016-17351 (83%)$10,059349 (83%)$5,87586 (20%)$17,216
2017-18351 (81%)$9,334350 (80%)$5,78183 (19%)$15,095
2018-19327 (80%)$10,528323 (79%)$5,97193 (23%)$16,281
2019-20335 (82%)$11,425331 (81%)$5,876109 (27%)$17,271
2020-21269 (77%)$10,418255 (73%)$5,81975 (21%)$17,580
2021-22282 (78%)$10,614282 (78%)$5,67978 (22%)$17,841
Average332 (80.89%)$10,327328 (79.78%)$5,90688 (21.56%)$16,778
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