Mercy College Provided $14,418 in Grant/Scholarship to 96% Students in 2022

	Students Receiving Aid	Average Amount	Total Amount
Pell Grant	721	73%	$5,270	$3,799,757
Other Federal Grant	721	73%	$5,421	$3,908,257
State Grant/Scholarships	629	64%	$3,797	$2,388,415
Institutional Grant/Scholarships	939	95%	$7,820	$7,342,980
Total Grant & Scholarships	946	96%	$14,418	$13,639,652

Students Receiving Aid

Average Amount

Total Amount

Pell Grant

721

73%

$5,270

$3,799,757

Other Federal Grant

721

73%

$5,421

$3,908,257

State Grant/Scholarships

629

64%

$3,797

$2,388,415

Institutional Grant/Scholarships

939

95%

$7,820

$7,342,980

Total Grant & Scholarships

946

96%

$14,418

$13,639,652

	Students Receiving Loan	Average Amount	Total Amount
Federal Student Loans	503	51%	$5,107	$2,568,610
Private Loans	46	5%	$14,617	$672,372
Total Loans	506	51%	$6,405	$3,240,982

Students Receiving Loan

Average Amount

Total Amount

Federal Student Loans

503

51%

$5,107

$2,568,610

Private Loans

$14,617

$672,372

Total Loans

506

51%

$6,405

$3,240,982

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

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Mercy College

Average Grant & Scholarships

Average Student Loans

Financial Aid By Income Level

Yellow Ribbon Program

Post-9/11 GI Bill

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