Mercer University

Common Data Set
2000-01

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H. Financial Aid

Aid Awarded | Number Receiving Aid | Aid to Undergraduate International Students
Process for First-Year/Freshman Students | Types of Aid Available


Aid Awarded to Enrolled Undergraduates

CDS H1. Total dollar amount awarded to full-time and part-time degree-seeking undergraduates (same cohort reported in CDS Question B1, "total degree-seeking" undergraduates - includes adult extended education as well as Macon campus traditional program).  Aid awarded to international students (i.e., those not qualifying for federal aid) is included.  Aid that is non-need-based but that was used to meet need is reported in the need-based aid columns. 

Academic year for which data are reported:  2000-2001 Estimated

 

Need-based

Non-need-based

Scholarships/Grants
Federal $2,924,497 $32,449
State $4,915,985 $2,193,562
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)  

$9,328,704

 

$5,396,662

Scholarships/grants from external sources (e.g. Kiwanis, National Merit) not awarded by the college. $1,091,078 $491,703
Total Scholarships/Grants $18,260,264 $8,114,376
Self-Help
Student loans from all sources $10,089,245 $3,636,577
Federal Work Study $795,351  
State and other work stud      y/employment n/a n/a
Total Self-Help $10,884,596 $3,636,577
Parent Loans $488,453 $1,336,070
Tuition Waivers $249,674 $648,098
Athletic Awards $544,649 $1,221,292

Number of Enrolled Students Receiving Aid

CDS H2.
The number of degree-seeking full-time and less-than-full-time undergraduates who applied for and received financial aid.  Aid that is non-need-based but that was used to meet need is counted as need-based aid.  Numbers reflect the cohort receiving the dollars reported in H1.

Note: In the chart below, students may be counted in more than one row, and full-time freshmen are counted as full-time undergraduates.

 


First-time Full-time Freshmen


Full-time Undergrad (Including FT Freshmen)


Less than Full-time

a.   Number of degree-seeking students (CDS Item B1) 709 3,558 647
b.  Number of students in line a who were financial aid applicants 623 2,900 297
c.  Number of students in line b who were determined to have financial need 485 2,339 199
d.  Number of students in line c who received any financial aid 485 2,339 199
e.  Number of students in line d who received any need-based gift aid 484 2,318 162
f.  Number of students in line d who received any need-based self-help aid 369 1,807 162
g.  Number of students in line d who received any non-need-based gift aid 152 554 9
h.  Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, and private alternative loans) 446 2,056 173
i.  On average, the percentage of need that was met of students who received any need-based aid. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans) 88% 83% 59%
j.  The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans) $16,770 $14,204 $6,579
k.  Average need-based gift award of those in line c $10,633 $7,971 $2,057
l.  Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f $3,776 $4,315 $3,973
m.  Average need-based loan (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f $3,181 $3,978 $3,945
H2A. Number of Enrolled Students Receiving Non-need-based Grants and Scholarships: Number of degree-seeking full-time and less-than-full-time undergraduates who had no financial need and who received non-need-based gift aid. Reflect the cohort receiving the dollars reported in H1.
n.  Number of students in line a who had no financial need who received non-need-based aid (exclude those receiving athletic awards and tuition benefits) 204 1,003 70
o.  Average award to students in line n $9,824 $7,176 $3,904
p.  Number of students in line a who received a non-need-based athletic grant or scholarship 37 118 0
q.  Average non-need-based athletic grants or scholarships awarded to those in line p $10,028 $10,350 $0


CDS H3. Needs-analysis methodology used in awarding institutional aid. 

Federal methodology (FM)

CDS H4.  Percent of 2000 undergraduate class who graduated between July 1, 1999 and June 30, 2000 and borrowed through any loan programs (federal, state, subsidized, unsubsidized, private, etc.; exclude parent loans). 
63%

CDS H5. Average per-borrower cumulative undergraduate indebtedness of those in line H4.   Money borrowed at other institutions not included.
$12,940

Aid to Undergraduate International Students

CDS H6. Policy regarding financial aid for undergraduate international (nonresident alien) students.
College-administered non-need-based financial aid is available.

    Number of international students who received need- or non-need-based aid in the last academic year.
    126
    Average dollar amount awarded to international students in the last academic year. 
   
$11,398
    Total dollar amount awarded to international students in the last academic year.
    $1,436,126

Process for First-Year/freshman Students

CDS H7. Financial aid forms domestic first-year (freshman) financial aid applicants must submit.
   
FAFSA
    Institution's own financial aid form
    State aid form      

CDS H8. Financial aid forms international (non-resident alien) first-year financial aid applicants must submit.
   
Institution's own financial aid form

CDS H9.  Filing dates for first-year (freshman) students.
    Priority date for filing required financial aid forms with the University is April 1. 
    No deadline for filing required forms; applications are processed on a rolling basis.

CDS H10. Notification dates for first-year (freshman) students.
    Students are notified on a rolling basis starting approximately March 15.

CDS H11. Reply dates. 
    Students must reply within two weeks of receipt of notification.

Types of Aid Available


CDS H12. Loans
 Federal Direct Student Loan Program (Direct Loan)
   
Direct Subsidized Stafford Loans
    Direct Unsubsidized Stafford Loans
    Direct PLUS Loans

Other Loans
   
Federal Perkins Loans
   College/university loans from institutional funds

CDS H13. Scholarships and Grants
Need-based:
   
Federal Pell   
    SEOG
    College/university gift aid from institutional funds
    
CDS H14.  Criteria used in awarding institutional aid.
Non-Need
   
Academics
    Athletics
    ROTC
    Leadership
    Music/drama
    Religious affiliation
    State/district residency
Need-based
    Job skills

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