Financial Aid at Mercer County CC

Financial Aid Amount Received

$4,216 (53.64% 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, scholarship, and/or federal student loans at Mercer County Community College. The percentage of students 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 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 53.64% of tuition & fees based on out-of-state rate (tuition & fees: $7,860).

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 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

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (in most case freshmen), 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.

Next table shows the financial data by type of aid at Mercer County Community College.

Financial Aid by Income Level

Next 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