Mercer University

In 2022, tuition for full-time students at Mercer University was $40,590 a year.

Tuition increased 2.22% in 2023–from $39,708 the prior year. On average, college tuition goes up about 3% every year.

Remember, the "sticker price" of tuition does not always tell the full story. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.

Mercer University meets 83.2% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Mercer University is around $38,670 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $32,246 of debt.

Mercer University: In-state vs. Out-of-State Tuition

Mercer University is a private, nonprofit institution, so it has the same tuition for residents of Georgia as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for those who qualify as Georgia residents.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to verify your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.

Explore other Georgia colleges

Tuition for International Students at Mercer University

Mercer University has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Mercer University Living Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Mercer University.

House and Food Costs at Mercer University

Room and board at Mercer University costs $14,528 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Mercer University's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can pay for a meal plan. The cost of a mean plan, or board-only, is $7,152.

Board costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Mercer University?

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways so that those with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Mercer University

The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. At Mercer University, freshman are allowed to park on campus.

The location of a college or university can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area may be pricey, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Mercer University campus is in a city in Georgia.

Other Costs

When budgeting for college, be sure to consider personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Total Tuition and Expenses at Mercer University

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Mercer University.

How Much Does Mercer University Cost?

What will the cost of attending Mercer University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$40,590
Room and Board	$14,528
Board Only	$7,376
Other expenses	$2,798

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$58,216
Off-Campus	$49,864

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Mercer University’s tuition and fees change based on: •Campus location for full-time and part-time students •Class time for both full and part-time students •Course load for part-time students

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Mercer University Financial Aid

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In 2023, 2,150 of the 4,859 undergrads enrolled received financial aid. Mercer University meets 83.2% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $38,670 a year. Around 59% of Mercer University undergrads take out student loans to cover any remaining costs. Mercer University graduates who have student loans graduate with an average of $32,246 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,405
State Loans	$15,244
Mercer University-Specific Loans	$3,707
Private Loans	$30,676

Most Common Loans for Mercer University Students
Federal Loans	59%
State loans	13%
Institutional Loans	2%
Private loans	13%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Mercer University financial aid, keep reading, or visit their financial aid website.

Scholarships at Mercer University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Mercer University awarded 2,148 need-based scholarships to students, giving away total of $59.1 million to help students with financial need cover the cost of school. An additional $34.51 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Mercer University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Mercer University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Mercer University was $38,670 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mercer University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,546
Off-Campus	$11,194

What will attending Mercer University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Mercer University's net cost calculator on their website.

Mercer University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Mercer University does not have guaranteed tuition.

Mercer University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Mercer University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Mercer University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Mercer University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Mercer University's endowment was $452.6 million. The average college endowment was $905 million in 2021. The school spends $13,309 for each full-time student enrolled.

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Learn More About Mercer University

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