In 2022, tuition for full-time students at Gwynedd Mercy University was $36,192 a year.
Tuition was the same price in 2022 as it was the year before. On average, college tuition rises about 3% year.
Remember, the advertized cost of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make thecost of college more manageable until you're done with college.
Gwynedd Mercy University is a private, religious institution, so it has the same tuition for residents of Pennsylvania as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending an insitution where you are eligible for the reduced tuition offered to state residentscan save significant money on the overall cost of college. Take the time to check your state's eligibility criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.
Explore other Pennsylvania colleges
Tuition at Gwynedd Mercy University is the same for every student.
International students are not eligible for federal financial aid, but may be eligible for private or Gwynedd Mercy University-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Gwynedd Mercy University:
•Gwynedd Mercy University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Gwynedd Mercy University.
Room and board at Gwynedd Mercy University is $12,604 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the school dining halls.
Board costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources for students with demonstrated need to get help covering these costs.
The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is usually pricey, but cities may offer more buses, trains or affordable flights to actually get to school. Gwynedd Mercy Universityis in a suburban setting in Pennsylvania, near Philadelphia.
When budgeting for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Gwynedd Mercy University.
What will the cost of attending Gwynedd Mercy University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$12,604|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Gwynedd Mercy University undergrads use financial aid to finance their education. In 2022, 1,296 of the 1,792 undergrads enrolled received financial aid. Gwynedd Mercy University meets 60% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $25,593 a year. Around 94.35% of Gwynedd Mercy University undergrads take out student loans to cover any remaining costs. Gwynedd Mercy University graduates who have student loans graduate with an average of $44,924 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Gwynedd Mercy University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Gwynedd Mercy University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Gwynedd Mercy University awarded 1,109 need-based scholarships to students, giving away total of $22.5 million to help students with financial need cover the cost of school. An additional $4.12 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Gwynedd Mercy University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Gwynedd Mercy University was $25,593 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Gwynedd Mercy University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Gwynedd Mercy University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Gwynedd Mercy University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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