Financial Aid at Mercer County CC
Financial Aid Amount Received
$4,216 (72.51% of tuition & fees)
Percent of Financial Aid Received
34% of 7,686 students
All Undergraduate Students Financial Aid
2,584 undergraduate students (34% of all students) have received grants, scholarships, and/or federal student loans at Mercer County Community College. The percentage of students who received financial aid lower compared to Public, 2-4 Years Colleges in New Jersey.
Compare to similar schools in rankings such as Assumption College for Sisters and Atlantic Cape Community College, the percentage of students who received financial aid is lower (the average of the schools is 49.00%).
The average amount of grants of scholarship aid is $4,216 and the average loan amount is $5,134. The average financial aid amount is 72.51% of tuition & fees based on out-of-state rate (tuition & fees: $5,814).
Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,584 | 34% | $10,895,083 | $4,216 |
| Pell Grants | 2,219 | 29% | $7,839,024 | $3,533 |
| Federal Students Loans | 591 | 8% | $3,033,956 | $5,134 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 358 students have received one or more types of financial aid at Mercer County Community College.
The average amount of federal, state, local or institutional grant aid is $4,961 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,782.
The following table shows the financial data by type of aid at Mercer County Community College.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 360 | 37% | - | - |
| Grant or scholarship aid | 358 | 37% | $1,776,025 | $4,961 |
| Federal Grants | 286 | 30% | $1,371,459 | $4,795 |
| Pell Grants | 279 | 29% | $1,338,609 | $4,798 |
| Other Federal Grants | 11 | 1% | $32,850 | $2,986 |
| State/Local Grants | 133 | 14% | $323,706 | $2,434 |
| Institutional Grants | 48 | 5% | $80,860 | $1,685 |
| Student Loans | 58 | 6% | $277,340 | $4,782 |
| Federal Student Loans | 58 | 6% | $277,340 | $4,782 |
| Other Student Loans | 0 | 0% | $0 | $0 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Mercer County Community College.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $1,759,322 | $4,970 |
| 0 - $30,000 | 173 | 170 | $1,168,757 | $6,756 |
| $30,001 - $48,000 | 88 | 88 | $408,180 | $4,638 |
| $48,001 - $75,000 | 60 | 58 | $150,897 | $2,515 |
| $75,001 - $110,000 | 18 | 16 | $23,988 | $1,333 |
| $110,001 - more | 15 | 15 | $7,500 | $500 |
Paid Tuition Rates by Residency
At Mercer County Community College, for the first-time/full-time students, 95 students have paid in-state rate of tuition and 48 students have paid out-of-state tuition rate. In addition, 530 students have paid in-district rate of tuition.
| # of Students | |
|---|---|
| In-District Rate | 530 |
| In-State Rate | 95 |
| Out-of-State Rate | 48 |
| Un-known | 294 |