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Merrimack College

Average Grant & Scholarships

In 2022, 99 of freshman students at Merrimack College received on average $25,528 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$25,528
Students Receiving Aid Average Amount Total Amount
Pell Grant 171 16% $4,667 $798,121
Other Federal Grant 171 16% $5,181 $885,994
State Grant/Scholarships 137 13% $1,982 $271,600
Institutional Grant/Scholarships 1,075 99% $24,451 $26,285,159
Total Grant & Scholarships 1,075 99% $25,528 $27,442,753

Average Student Loans

In 2022, 64% of freshman students at Merrimack College received $5,356 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,356
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 700 64% $5,356 $3,748,854
Private Loans 178 16% $22,739 $4,047,622
Total Loans 723 67% $10,784 $7,796,476

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

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.

$21,205
Average aid amount
2022

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