Merritt College
Oakland, CA 94619-3196

Financial Aid

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Average Institutional Grant
2016-2017

In the 2016-2017 academic year, full-time freshman students of Merritt College were awarded a total amount of $692,003 in grant and $31,664 in federal student loans. 74% of freshman students received some type of financial aid either in the form of grant or scholarship from the federal, state or local government and the institution. 2% of the freshman students received federal student loan.

The following tables details the breakdown of all types of financial aid awarded to full-time undergrad students who entered the college in Fall 2016

Grant & Scholarships

Students Receiving Aid Average Amount Total Amount
Pell Grant 105 50% $4,486 $471,020
Other Federal Grant 37 18% $503 $18,600
State Grant/Scholarships 152 73% $1,331 $202,383
Institutional Grant/Scholarships -- -- -- --
Total Grant & Scholarships 153 74% $4,523 $692,003

Student Loans

Students Receiving Loans Average Amount Total Amount
Federal Student Loans 4 2% $7,916 $31,664
Private Loans -- -- -- --
Total Loans 4 2% $7,916 $31,664

Student Loan Default Rate

27%
Current default rate
Fiscal year - 2014

The following table shows Federal Family Education Loan (FFEL) Program and William D. Ford Federal Direct Loan (Direct Loan) borrowers statistics and default rates for Merritt College from 2012 to 2014 and comparisons between the school's default rates and similar schools in the state and national average.

Default Rate
Fiscal Year Borrowers Defaulters School State Avg. National Avg.
2014 186 52 27%
2013 126 28 22%
2012 128 36 28%
  • Fiscal Year - October 1 to September 30
  • Borrowers - Total number of borrowers who entered into repayment in the fiscal year.
  • Defaulters - Number of borrowers who defaulted in the fiscal year.
  • School - Merritt College's default rate
  • State Avg. - California's 2 year colleges average default rate
  • National Avg. - National average default rate of 2 year colleges

Financial Aid by Income Level

This section details the amount of financial aid provided to Merritt College students over the past 5 years. The data is categorized into 5 income brackets. Click on each income bracket to view the amount of finanical aid provided and the number of recipients for the past 5 years.

Net Price

$10,741
Average Net Price
2016-2017

Weather your family is financially well-off or unaffluent, you might be eligible for some type of financial aid in the form of grant, loan or scholarship. No matter what your situation is, you should first apply for Federal Student Aid (FAFSA). Colleges and universities use the information from your FAFSA and federal tax return to calculate your Expected Family Contribution (EFC). Your EFC determines how much financial aid you're eligible to receive.

This section details the net prices paid by students in the 2016-2017 academic year at Merritt College. The amounts are averaged out for 5 family income brackets.

Here is a simple formula to calculate your net price or use the link below to estimate your net price more accurately.

Net Price = Sticker Price - Financial aid

Financial aid include: federal, state or local government grants and institutional grants and scholarships

Average Net Price by Family Income

Family Income Average Net Price
Less than $30,000$8,723
$30,000 to $48,000$9,285
$48,000 to $75,000$11,723
$75,000 to $110,000$11,718
Over $110,000
Get your personal estimate

Veterans and Service Members

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Average Financial Aid
2016-2017

The following section details the amount of financial aid provided to veteran students and their family members at Merritt College.

Unlike other types of government financial aid, veterans financial aid is available to both undergraduates and graduate students.

Post-9/11 GI Bill

Yellow Ribbon Program

Learn more about financial aid for veterans

Financial Aid Deadlines

April 1

  • Financial aid application (priority)

June 30

  • Financial aid application (regular)

Campus Location

Nearby Colleges

Nearby 2 year colleges within 100 mile radius of Merritt College.

Laney College
5.2 mile away
College of Alameda
6.1 mile away
Berkeley City College
7.9 mile away
Chabot College
10.6 mile away
Diablo Valley College
13.4 mile away
Contra Costa College
15.6 mile away
College of San Mateo
19.9 mile away
Las Positas College
20.7 mile away
Los Medanos College
22.4 mile away