Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 62, which is 49.22 % of all undergraduate students. 58 students which is 46.22% of undergraduate students received federal student loans and the average loan amount is $6,256.

For full-time, first-time beginning students (freshmen), 69.57% of students received grants or scholarships and 70% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Merryfield Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 62, which is 49.22 % of all undergraduate students. 58 students which is 46.22% of undergraduate students received federal student loans and the average loan amount is $6,256.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1435 (34%)$2,79333 (32%)$2,37844 (43%)$7,814
2014-1551 (61%)$3,25150 (60%)$2,77349 (59%)$6,736
2015-1656 (44%)$3,10456 (44%)$3,10451 (40%)$7,016
2016-1750 (41%)$3,57250 (41%)$2,77442 (34%)$6,243
2017-1848 (44%)$3,36148 (44%)$2,77840 (37%)$6,700
2018-1942 (38%)$3,46042 (38%)$3,00231 (28%)$6,285
2019-2046 (39%)$4,12845 (38%)$3,39244 (37%)$6,121
2020-21109 (70%)$3,144109 (70%)$3,144120 (77%)$4,068
2021-22121 (72%)$3,292121 (72%)$3,292102 (61%)$5,325
Average62 (49.22%)$3,34562 (48.78%)$2,96058 (46.22%)$6,256
*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.

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

For the last 10 years, on average, 23 (69.57 % of students) received grants or scholarships and its average amount is $3,332. It can cover 30.85% of tuition & fees ($10,800).

In addition, 21 (70.29 % of students) students get helped from the students loans (average amount : $6,062).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-15----
2015-1610 (71%)$3,02413 (93%)$6,487
2016-178 (67%)$3,5028 (67%)$5,666
2017-187 (70%)$3,1007 (70%)$6,333
2018-195 (45%)$4,0436 (55%)$5,889
2019-2011 (73%)$3,24510 (67%)$5,800
2020-2153 (75%)$3,10038 (54%)$5,948
2021-2268 (86%)$3,30768 (86%)$6,314
Average23 (69.57%)$3,33221 (70.29%)$6,062
*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, 23 (69.57 % of students) received Pell (federal) grants and its average amount is $3,332.

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
2013-14--------
2014-15--------
2015-1610 (71%)$3,024------
2016-178 (67%)$3,502------
2017-187 (70%)$3,100------
2018-195 (45%)$4,043------
2019-2011 (73%)$3,245------
2020-2153 (75%)$3,100------
2021-2268 (86%)$3,307------
Average23 (69.57%)$3,332------
*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, 21 (70.29 % of students) get any students loan help and its average loan amount is $21.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-1613 (93%)$6,48713 (93%)$6,487--
2016-178 (67%)$5,6668 (67%)$5,666--
2017-187 (70%)$6,3337 (70%)$6,333--
2018-196 (55%)$5,8896 (55%)$5,889--
2019-2010 (67%)$5,80010 (67%)$5,800--
2020-2138 (54%)$5,94836 (51%)$5,8892 (3%)$7,018
2021-2268 (86%)$6,31466 (84%)$6,2922 (3%)$7,060
Average21 (70.29%)$6,06221 (69.57%)$6,0512 (3.00%)$7,039

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