In 2022, tuition for full-time students at Mercyhurst University was $40,530 a year.
In 2022, tuition increased 1.96%–from $39,750 the prior year. On average, colleges raise tuition about 3% each year.
If this information makes going to college sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until you're done with college.
Mercyhurst University is a private, religious institution, so it has the same tuition for residents of Pennsylvania as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Pennsylvania residents.
Choosing an insitution where you qualify for the reduced tuition offered to state residentscan save on the cost of tuition, as well as loans and interest owed. Be sure to verify your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 additional requirements as well, depending on where you live.
Explore other Pennsylvania colleges
Tuition at Mercyhurst University is the same for all students.
International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Mercyhurst University-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Mercyhurst University:
•On-campus jobs •Athletic Awards •Mercyhurst University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Mercyhurst University.
Housing and campus dining at Mercyhurst University is $17,070 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the Mercyhurst University's on-campus cafeterias and dining facilities.
Meal-plan costs can depend 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 and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools offer ways so that those who may struggle to participate because of cost can get help covering these costs.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At Mercyhurst University, freshman are not allowed to park on campus.
A school's location can impact 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 could be pricey, but there may be more buses, trains and low-cost flight options to actually get to school. Mercyhurst Universityis located in a suburban setting in Pennsylvania, near Buffalo.
When creating a budget for college, don’t forget to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Mercyhurst University.
What will the cost of attending Mercyhurst University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$17,070|
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.
Mercyhurst University’s tuition and fees change based on: •Academic program for both full and part-time students •Class time for both full and part-time students •Course load for both full and part-time students
The majority of Mercyhurst University undergrads use financial aid to to cover the cost of tuition. In 2022, 1,686 of the 2,470 undergrads enrolled received financial aid. Mercyhurst University meets 50% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $17,454 a year. Around 73% of Mercyhurst University undergrads take out student loans to cover any remaining costs. Mercyhurst University graduates who have student loans graduate with an average of $24,739 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Mercyhurst 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 Mercyhurst 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, Mercyhurst University awarded 1,682 need-based scholarships to students, giving away total of $36.6 million to help students with financial need cover the cost of school. An additional $9.09 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 Mercyhurst 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 Mercyhurst University was $17,454 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mercyhurst University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Mercyhurst 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Mercyhurst 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.
Mercyhurst University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Mercyhurst University has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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