Merrimack College

In 2022, tuition for full-time Merrimack College students was $47,636 a year.

Tuition increased 3.97% in 2023–from $45,815 the prior year. On average, college tuition goes up about 3% every year.

Remember, the "sticker price" of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay for college feel more doable until after graduation.

Merrimack College meets 69% of the demonstrated financial need for undergraduates. First-year students that attend Merrimack College full-time are awarded $31,873 a year in financial aid, on average.

In 2020, students graduated with an average of $51,101 in student loans for each student with debt.

Merrimack College: In-state vs. Out-of-State Tuition

Merrimack College is a private, religious institution, so it has the same tuition for residents of Massachusetts 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 a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to check your state's guidelines for how to qualify for as an in-state resident. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.

Explore other Massachusetts colleges

Do International Students Pay More to Go to Merrimack College?

Merrimack College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Merrimack College-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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Merrimack College Room, Board, Fees, and More

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Tuition is not the only cost of attending college; 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 Merrimack College.

House and Food Costs at Merrimack College

Housing and campus dining at Merrimack College costs $21,428 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls.

Meal-plan costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at Merrimack 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 the materials required. 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.

There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources for students who may struggle to participate because of cost can get help covering these costs.

The Cost of Transportation at Merrimack College

The total cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your transportation budget. At Merrimack College, freshman are allowed to park on campus.

Where are a college is located 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 other hand getting around in a city might be pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Merrimack College campus is in a suburb in Massachusetts, near Boston.

Other Costs

When budgeting for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Merrimack College

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Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Merrimack College.

How Much Does Merrimack College Cost?

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

2023 Total Tuition and Expenses
Tuition	$47,636
Room and Board	$21,428
Other expenses	$450

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

Total Estimated Costs
On-Campus	$74,664
Off-Campus	$52,786

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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Merrimack College Financial Aid

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The majority of Merrimack College undergrads use financial aid to help pay for school. In 2023, 2,607 of the 4,123 undergrads enrolled received financial aid. Merrimack College meets 69% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,873 a year. Around 80% of Merrimack College undergrads take out student loans to cover any remaining costs. Merrimack College graduates who have student loans graduate with an average of $51,101 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,807
State Loans	$7,717
Private Loans	$58,295

Most Common Loans for Merrimack College Students
Federal Loans	80%
State loans	4%
Private loans	36%

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

Scholarships at Merrimack 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, Merrimack College awarded 2,597 need-based scholarships to students, giving away total of $65.2 million to help students with financial need cover the cost of school. An additional $28.38 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Merrimack College Net Cost

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 Merrimack 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 Merrimack College was $31,873 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Merrimack College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$42,791
Off-Campus	$20,913

What will attending Merrimack 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Merrimack College's net cost calculator on their website.

Merrimack College Tuition Payment Plans

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

Merrimack College does not have guaranteed tuition.

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

Merrimack College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

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

Merrimack 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.

As of 2022, the total market value of Merrimack College's endowment was $74.1 million. The average college endowment was $905 million in 2021.

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Learn More About Merrimack College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

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