Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Mercer University
Select your family income to see your estimated cost
The Cost Formula
Tuition
$41K
+
Room
$15K
+
Books
$1,200
=
Sticker Price
$56,494
$41K+$15K+$1,200=$56,494
Your Family Income
Sticker
$56,494
−
Your Aid
$33,867
=
Net Price
$22,627
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Mercer University Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$56,494
Tuition and Fees
$40,890
Room and Board
$14,528
Books and Supplies
$1,200
Average Financial Aid (Grants and Scholarships)
-$34,144
Average Net Price (What Families Pay)
$22,350
Mercer University Net Price by Family Income Level
Family Income
Net Price
$0–30k
$18,650
$30–48k
$20,919
$48–75k
$22,627
$75–110k
$24,610
$110k+
$26,399
Understanding Your Aid Package
Mercer University has a sticker price of $56,494 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $56,494/year
Average aid: $34,144 in grants & scholarships
$48–75K families pay: ~$22,627/year
Low-income families: Pay ~$18,650/year
33% of students receive Pell Grants
Financial Aid Profile
💰
33%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
28%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$24,199
Range (25th–75th)$9,750 – $31,000
Median Parent PLUS Loans$18,551
Debt Manageability
0.41x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$58,354
vs $63,066 peer avg
Earnings Growth
+16%
6 → 10 years post-graduation
Value Added
+$-2,571
48th percentile among peers
Earnings Range (10yr post-graduation)
$36,398
25th %ile
$85,903
75th %ile
Frequently Asked Questions about Mercer University Cost & Financial Aid
Mercer University's published tuition is $56,494 per year. However, after financial aid, the average student pays $22,627—a difference of $33,867.
Families earning under $30,000 pay an average net price of $18,650 at Mercer University. 33% of students receive Pell Grants.
Mercer University offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Mercer University graduates is $24,199, resulting in estimated monthly payments of $257 over 10 years.
Even families earning over $110,000 pay an average net price of $26,399 at Mercer University—still $30,095 less than the sticker price. Most families qualify for some form of aid.
