How Mount Mercy'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 Mount Mercy University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,364, which is 93.44 % of all undergraduate students. 1,036 students which is 70.78% of undergraduate students received federal student loans and the average loan amount is $9,634.

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	1,291 (87%)	$11,771	519 (35%)	$3,393	1,093 (74%)	$9,339
2014-15	1,248 (86%)	$12,425	501 (35%)	$3,458	1,085 (75%)	$9,233
2015-16	1,424 (92%)	$13,049	556 (36%)	$3,633	1,241 (80%)	$9,359
2016-17	1,417 (90%)	$15,575	562 (36%)	$3,710	1,140 (72%)	$8,270
2017-18	1,517 (100%)	$16,888	605 (40%)	$3,833	1,125 (74%)	$9,598
2018-19	1,501 (100%)	$17,359	602 (40%)	$3,691	1,095 (73%)	$9,232
2019-20	1,442 (100%)	$16,290	574 (40%)	$4,049	803 (56%)	$11,081
2020-21	1,230 (89%)	$19,270	519 (38%)	$4,298	926 (67%)	$11,603
2021-22	1,204 (97%)	$22,913	442 (36%)	$4,263	820 (66%)	$8,991
Average	1,364 (93.44%)	$16,171	542 (37.33%)	$3,814	1,036 (70.78%)	$9,634

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

Overview

For the last 10 years, on average, 210 (100.00 % of students) received grants or scholarships and its average amount is $22,437. It can cover 57.43% of tuition & fees ($39,070).

In addition, 162 (77.22 % of students) students get helped from the students loans (average amount : $9,825).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	154 (100%)	$18,000	116 (75%)	$10,314
2014-15	134 (100%)	$19,068	99 (74%)	$6,914
2015-16	232 (100%)	$21,024	194 (84%)	$9,688
2016-17	237 (100%)	$20,783	199 (84%)	$10,322
2017-18	238 (100%)	$23,619	191 (80%)	$11,176
2018-19	239 (100%)	$24,695	181 (76%)	$7,656
2019-20	217 (100%)	$23,054	171 (79%)	$10,593
2020-21	223 (100%)	$24,399	171 (77%)	$11,016
2021-22	212 (100%)	$27,288	139 (66%)	$10,743
Average	210 (100.00%)	$22,437	162 (77.22%)	$9,825

^*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, 76 (36.11 % of students) received Pell (federal) grants and its average amount is $4,312.

In addition, 102 students received State/local government grants/scholarships (48.89 % 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	46 (30%)	$3,931	19 (12%)	$358	79 (51%)	$4,323	154 (100%)	$14,564
2014-15	43 (32%)	$4,054	22 (16%)	$1,048	71 (53%)	$4,318	134 (100%)	$15,307
2015-16	91 (39%)	$3,969	40 (17%)	$426	106 (46%)	$5,069	232 (100%)	$17,078
2016-17	89 (38%)	$4,119	47 (20%)	$553	121 (51%)	$5,270	237 (100%)	$16,436
2017-18	97 (41%)	$4,146	61 (26%)	$420	119 (50%)	$5,178	238 (100%)	$19,232
2018-19	90 (38%)	$4,805	56 (23%)	$538	124 (52%)	$5,728	239 (100%)	$19,788
2019-20	84 (39%)	$4,750	41 (19%)	$475	110 (51%)	$5,527	217 (100%)	$18,324
2020-21	78 (35%)	$4,320	54 (24%)	$580	94 (42%)	$5,279	223 (100%)	$20,522
2021-22	70 (33%)	$4,717	50 (24%)	$705	94 (44%)	$6,193	212 (100%)	$22,818
Average	76 (36.11%)	$4,312	43 (20.11%)	$567	102 (48.89%)	$5,209	210 (100.00%)	$18,230

^*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, 162 (77.22 % of students) get any students loan help and its average loan amount is $162.

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	116 (75%)	$10,314	110 (71%)	$9,548	19 (12%)	$7,691
2014-15	99 (74%)	$6,914	99 (74%)	$6,117	10 (7%)	$7,894
2015-16	194 (84%)	$9,688	194 (84%)	$9,131	14 (6%)	$7,713
2016-17	199 (84%)	$10,322	199 (84%)	$8,831	31 (13%)	$9,568
2017-18	191 (80%)	$11,176	190 (80%)	$9,517	30 (13%)	$10,880
2018-19	181 (76%)	$7,656	179 (75%)	$5,329	31 (13%)	$13,926
2019-20	171 (79%)	$10,593	171 (79%)	$7,927	39 (18%)	$11,687
2020-21	171 (77%)	$11,016	168 (75%)	$8,519	34 (15%)	$13,309
2021-22	139 (66%)	$10,743	139 (66%)	$8,227	23 (11%)	$15,207
Average	162 (77.22%)	$9,825	161 (76.44%)	$8,127	26 (12.00%)	$10,875

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Scholarships, Grants, and Loan Trends at Mount Mercy

All Undergraduate Students Financial Aid Over Time

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