Iowa students paid $31,998 to attend the four-year private not-for-profit institution this year – $1,416 more than the $30,582 charged for 2017-18.
Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 238 students received grants or scholarships totaling $5.6 million and 191 students took out student loans totaling more than $2.1 million.
Including all undergraduates (1,835), 1,517 students used grants or scholarships totaling $25.6 million, and 1,125 students took out $10.8 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~1,450 | $28,226 | $29,696 | $30,582 | $31,998 | 13.4% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Mount Mercy University in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 97 | 41% | $427,769 | $4,410 |
| State / local grant or scholarship | 119 | 50% | $616,208 | $5,178 |
| Institutional grants or scholarships | 238 | 100% | $4,577,296 | $19,232 |
| Grant or scholarship aid total | 238 | 100% | $5,621,273 | $23,619 |
| Federal student loans | 190 | 80% | $1,808,208 | $9,517 |
| Other student loans | 30 | 13% | $326,411 | $10,880 |
| Student loan aid | 191 | 80% | $2,134,619 | $11,176 |
| Total student aid | 238 | 100% | - | - |
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