Cost of college went up for all students at Merrimack College


Tuition and fees rose 3.9 percent for 2018-19 at Merrimack College, according to recent data from the U.S. Department of Education.

Massachusetts students paid $41,760 to attend the four-year private not-for-profit institution this year – $1,570 more than the $40,190 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, 852 students received grants or scholarships totaling $18.4 million and 677 students took out student loans totaling more than $8.4 million.

Including all undergraduates (4,643), 3,305 students used grants or scholarships totaling $63.2 million, and 2,443 students took out $15.9 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
~3,157
$37,670
$38,825
$40,190
$41,760
10.9%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Merrimack College 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
188
22%
$960,351
$5,108
State / local grant or scholarship
145
17%
$274,800
$1,895
Institutional grants or scholarships
852
100%
$17,134,578
$20,111
Grant or scholarship aid total
852
100%
$18,369,729
$21,561
Federal student loans
668
78%
$3,606,464
$5,399
Other student loans
233
27%
$4,810,708
$20,647
Student loan aid
677
79%
$8,417,172
$12,433
Total student aid
853
100%
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