Student Loans for Mercer Students
About Mercer University
As an institution, Mercer University’s foundation was laid on the basis of religious and intellectual freedom, as the school has been the center for enlightenment and higher learning for more than 150 years. Established in 1883, Mercer University is located on an urban campus in Macon, Georgia with a population of around eight thousand students. It has the distinction of being the only institution of its kind that comprises of eleven colleges and schools, with all of them offering programs in their own specialized field of study. Not a small feat by any chance, the academic offerings at this institution range from liberal arts and theology to law and medicine. In short, Mercer University is an excellent choice for students looking to receive a quality education. Furthermore, the location truly exemplifies the quaint southern charm as the locals live up to their famous hospitable reputation.
Mercer is an impressive university, but one question you might be asking yourself is, “Can I afford to attend Mercer?” The estimated 2012-2013 tuition will be $32,466 and that does not include other expenses like room and board, books and supplies, transportation costs, or other related expenses. If you are worried that your finances might not cover these costs, then the Mercer University financial aid office can be of assistance. Here is a statistic you would find interesting: 97% of the students at Mercer receive some sort of financial aid. The financial aid program at Mercer is designed for students such as yourself who find that covering the cost of education a monumental challenge. Before we get into the application procedure and types of financial aid, it is recommended that you estimate the cost of attending Mercer before applying for any financial aid.
Applying for Mercer University financial aid is quite simple because all you need to do is fill out a FAFSA (Free Application for Federal Student Aid) along with the Mercer application for financial aid. You can access both of these applications on the Mercer University financial aid webpage. You can either mail your FAFSA in or submit it online at fafsa.ed.gov. You must ensure that all information entered on both applications is accurate and current.
The Mercer University financial aid office offers federal awards such as grants, loans and work-study programs. In addition to federal aid, the university also offers institutional scholarships, fellowships and grants. Mercer University supports and recommends that students also seek outside scholarships and grants.
In case your financial aid package does not cover the entire cost, you can look into applying for alternative loans, which can help you cover the remaining cost. These loans should be the last option you seek after you have exhausted all other financial aid opportunities. You should take advantage of our Student Loan Comparison Tool, which can help you compare loans from multiple lenders and will help you find the best loan option.
What does the Mercer financial aid office recommend when filling out the FAFSA?
The Mercer financial aid office provides step-by-step instructions for students who must fill out the FAFSA. Notably, it is extremely important to accurately spell and quote names and social security numbers. The Mercer financial aid office also suggests that students should make an extra copy of the form. Timely submission is extremely important.
What should I include in my cost-of-attendance estimate when applying for Mercer University financial aid?
Students should estimate the cost of their attendance when applying for Mercer University financial aid. Costs that must be included in this estimate are tuition, room/board expenses, loan fees, transportation costs, personal expenses, and books/supplies. The current rates for all of these expenses are available on the Mercer University financial aid webpage. Furthermore, the Mercer University financial aid office offers counseling sessions in order to help students with their budgeting concerns.
Pay for Mercer University*
|Total Avg. Cost||$43,849|
|Room & Board||$10,088|
|Financial Aid Information|
|Students Receiving Fin Aid||100%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$7,363|
|%Receiving Other Loans||12%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics