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Mount Mercy University Tuition, Costs, & Financial Aid Information

Cedar Rapids, IA

Tuition and Expenses


Cost of Attendance
$46,532
Tuition and Fees
$31,998
Room and Board
$9,534
Books and Supplies
$1,320
Other Expenses
$3,680
Payment Plans
Installment plan

Applying for Financial Aid


Financial Aid Office

Email
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Priority deadline March 1
Award Notification
On a rolling basis beginning March 15
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 001880
Free

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
236 (55.4%) of freshmen
Found to Have Financial Need
213 (90.3%) of applicants
Received Financial Aid
209 (98.1%) of applicants with financial need
Need Fully Met
45 (21.5%) of aid recipients
Average Percent of Need Met
79%
Average Award
$28,074
Need-Based Gift
Received by 208 (99.5%) of aid recipients, average amount $25,001
Need-Based Self-Help
Received by 163 (78.0%) of aid recipients, average amount $4,093
Merit-Based Gift
Received by 29 (13.9%) of aid recipients
Merit-Based Gift
36 (8.5%) of freshmen had no financial need and received merit aid, average amount $17,588

All Undergraduates

Financial Aid Applicants
1,017 (75.7%) of undergraduates
Found to Have Financial Need
928 (91.3%) of applicants
Received Financial Aid
902 (97.2%) of applicants with financial need
Need Fully Met
163 (18.1%) of aid recipients
Average Percent of Need Met
74%
Average Award
$25,140
Need-Based Gift
Received by 900 (99.8%) of aid recipients, average amount $21,468
Need-Based Self-Help
Received by 729 (80.8%) of aid recipients, average amount $4,602
Merit-Based Gift
Received by 109 (12.1%) of aid recipients
Merit-Based Gift
176 (13.1%) of undergraduates had no financial need and received merit aid, average amount $14,102

Borrowing

2019 Graduates Who Took Out Loans
79%
Average Indebtedness of 2019 Graduates
$25,739
Parents of Students Receiving Aid
Not reported
Parents of Students Not Receiving Aid
Not reported

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans
Available
Other Loans
College/university loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
None

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Applied Art and Design, Creative Writing, Music, Theater/Drama
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Children and Siblings of Alumni, International Students, Out-of-State Students, Previous College Experience, Siblings of Current Students, Veterans
Number of Awards
Not reported
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
Not reported

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.