In 2021, tuition for full-time Misericordia University students was $36,400 a year.
Tuition increased 4.14% in 2023–from $34,952 the prior year. On average, colleges raise tuition about 3% each year.
Remember, the advertized cost of tuition doesn't always tell the full story. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college feel more doable until you're done with college.
Misericordia University meets 84% of the demonstrated financial need for undergraduates. First-year students that attend Misericordia University full-time are awarded $27,827 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $45,238 in student loans per borrower.
Misericordia University is a private, religious institution, which means it has the same tuition for students from Pennsylvania 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.
Attending a school where you qualify for in-state tuition can save on the total cost of attending college. Don't forget to check your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 as well, depending on the state you and your parents currently live in.
Explore other Pennsylvania colleges
Misericordia 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 may qualify for private or school-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Misericordia University:
•On-campus jobs •Loans from outsideMisericordia University •Misericordia University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
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 Misericordia University.
Housing and campus dining at Misericordia University is $17,140 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Misericordia University's on-campus cafeterias and dining halls.
Board costs can depend on the number of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real 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.
Most schools charge some yearly fees to help cover the cost of 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 playing on an intramural sports team. Many schools have ways for students with financial need to get help covering these costs.
The cost of getting around in college depends on a few key factors. 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 walkable? Do you own a car, or will you need to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At Misericordia University, freshman are not 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 and low-cost flight options to actually get to school. Misericordia Universityis located in a town in Pennsylvania.
When budgeting for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
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 Misericordia University.
What will the cost of attending Misericordia University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $36,400 |
Room and Board | $17,140 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $55,510 |
Off-Campus | $38,370 |
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.
The majority of Misericordia University undergrads use financial aid to help pay for school. In 2023, 1,175 of the 1,857 undergrads enrolled received financial aid. Misericordia University meets 84% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $27,827 a year. Around 80% of Misericordia University undergrads take out student loans to cover any remaining costs. Misericordia University graduates who have student loans graduate with an average of $45,238 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $26,710 |
Private Loans | $45,700 |
Most Common Loans for Misericordia University Students | |
---|---|
Federal Loans | 79% |
Private loans | 33% |
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 Misericordia University financial aid, keep reading, or visit their financial aid website.
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, Misericordia University awarded 1,174 need-based scholarships to students, giving away total of $24.4 million to help students with financial need cover the cost of school. An additional $7.21 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Misericordia 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 Misericordia University was $27,827 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Misericordia University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $27,683 |
Off-Campus | $10,543 |
What will attending Misericordia 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Misericordia University's net cost calculator on their website.
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.
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, 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.
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.
Misericordia University's endowment was valued at $54.5 million in 2023, compared to a national average of $905 million.
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Tuition & Fees
$55,510
In State$55,510
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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