Mercy University

In 2022, tuition for full-time students at Mercy College was $21,236 a year.

Tuition increased 3.5% in 2023–from $20,518 the previous year. On average, college tuition goes up about 3% every year.

If this information makes going to college sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make thecost of college more manageable until you're done with college.

Mercy College meets 49.5% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Mercy College is around $17,133 a year.

Graduates in the class of 2023 had an average of $28,798 in student loans per borrower.

Does Mercy College Offer In-State and Out-of-State Tuition?

Mercy College is a private, nonprofit institution, so it has the same tuition for residents of New York as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing an insitution where you qualify for the reduced tuition offered to state residentscan save significant money on the overall cost of college. Take the time to verify your state's rules for as an in-state resident. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live in.

Explore other New York colleges

Tuition for International Students at Mercy College

Tuition at Mercy College is the same for every student.

International students usually do not qualify for for federal financial aid, but should research private or Mercy College-specific aid and scholarships.

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Mercy College Room, Board, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Mercy College.

Room and Board Costs at Mercy College

Housing and campus dining at Mercy College is $14,700 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Mercy College's on-campus cafeterias and dining facilities. Students who do not live on-campus but still want to use the dining facilities can pay for a meal plan. The cost of board-only is $5,642.

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

Cost of Books at Mercy College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have resources so that those with demonstrated need to find ways to lower or eliminate these fees.

Transportation costs

The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.

A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, 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 Mercy College campus is located in a suburb in New York, near New York City.

Other Costs

When you're planning for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Mercy College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Mercy College.

How Much Does Mercy College Cost?

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

2023 Total Tuition and Expenses
Tuition	$21,236
Room and Board	$14,700
Board Only	$3,672
Other expenses	$2,090

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

Total Estimated Costs
On-Campus	$38,896
Off-Campus	$27,868

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.

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Mercy College Financial Aid

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The majority of Mercy College undergrads use financial aid to help pay for school. In 2023, 4,301 of the 6,379 undergrads enrolled received financial aid. Mercy College meets 49.5% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $17,133 a year. Around 69.82% of Mercy College undergrads take out student loans to cover any remaining costs. Mercy College graduates who have student loans graduate with an average of $28,798 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,879
Private Loans	$29,656

Most Common Loans for Mercy College Students
Federal Loans	68.21%
Private loans	12.88%

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 Mercy College financial aid, keep reading, or visit their financial aid website.

Scholarships at Mercy College

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, Mercy College awarded 3,808 need-based scholarships to students, giving away total of $43.3 million to help students with financial need cover the cost of school. An additional $11.42 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Mercy College

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 Mercy College 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 Mercy College was $17,133 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mercy College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$21,763
Off-Campus	$10,735

What will attending Mercy College 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 Mercy College's net cost calculator on their website.

Mercy College Tuition Payment Plans

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

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Mercy College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

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

Mercy College'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.

For more information about Mercy College's endowment, check with the school directly.

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Learn More About Mercy College

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