Financial Aid and Affordability
With generous scholarships, grants, and aid, it's easier than ever to become a Laker!
Your college education is one of the most important investments you'll ever make, and a Mercyhurst education will serve you well throughout your lifetime. A degree from Mercyhurst offers you the opportunities to pursue your passions, while still graduating well-prepared with skills for today's workforce. And, we're more affordable than you think: 100% of incoming freshmen receive financial aid in the form of scholarships, grants, student employment, or other programs, making Mercyhurst one of the most affordable and accessible universities in the region.
Tuition and Fees
Undergraduate students are billed on a “flat” basis each semester, meaning full-time students enrolled in 12 to 18 credit hours are billed the same rate (15 are recommended). This allows students to easily pursue a double major or minor, or to complete additional elective classes that suit their interests.
|Estimated Tuition, Fees, Costs (2023-2024)||Residents||Commuters|
|Orientation Fee (one-time)||$280||$280|
|ID/OneCard Fee (one-time)||$50||$50|
|Housing (Baldwin/McAuley Hall double)||$5,830||-|
|Housing (Warde Hall double/Mercy suite)||$8,380||-|
|Meals (Laker Unlimited plan)||$6,920||-|
|Total tuition, fees, housing, and meals (presuming Baldwin/McAuley Hall)||$57,590||$43,800|
|Average net price (cost after aid)||$27,079||$14,579|
Try our Net Price Calculator to find out how affordable Mercyhurst can be for you!
Submit your FAFSA
The first step to receiving your financial aid offer from Mercyhurst is submitting your Free Application for Federal Student Aid (FAFSA). The FAFSA determines if you qualify for federal, state, and institutional aid, based on your family's tax information. The FAFSA is free and secure, and it gives you access to the largest source of financial aid to help you pay for your education. Submitting the FAFSA is fast and easy—the entire process takes under 30 minutes! Please use Mercyhurst's school code of 003297 to send us your FAFSA information and receive a full financial aid offer.
The Erie Promise Grant provides 100% tuition coverage to students from Erie County, PA, with demonstrated financial need who are enrolling as first-time, traditional-aged students. A $2,500 housing grant is also available to students who wish to live on campus.
The Keystone Promise Grant provides 100% tuition coverage to students from eligible western Pennsylvania counties with demonstrated financial need who are enrolling as first-time, traditional-aged students. A full list of counties can be found via the link below
The BEYOND Scholarship is a prestigious, full-tuition scholarship awarded each year to high-achieving students of color from Pennsylvania, whose family circumstances might not otherwise afford them the opportunity to pursue a college degree from Mercyhurst.
Scholarships are funds that do not need to be repaid and, in most cases, are the main part of your financial aid offer. They are awarded to students based on academic merit, athletic or artistic skill, alumni legacy, and more. Scholarship awards can be up to $25,000.
Institutional Grants are awards from Mercyhurst that do not need to be repaid. They are usually awarded to students on the basis of need, and possibly combined with skills or characteristics that a student possesses. Institutional Grant awards start at $500.
Federal subsidized and unsubsidized loans are awarded to students who have submitted their FAFSA and qualify based on need. Federal subsidized loans are up to $3,500 for first-year students, while federal unsubsidized loans are typically $2,000 for dependent students.
Federal Work-Study positions are awarded to students who qualify based on need. Federal Work-Study qualification is not a guarantee of employment; students must find an on-campus job and work the necessary hours to earn up to the amount for which they are eligible.