Merrimack College Tuition, Costs & Financial Aid

For the average aid recipient, aid removes $32,111 from the published price, but the remaining cost still varies by family income. Aid covers about 46% of the published cost for the average aid recipient.

The second-lowest income band has the lowest average net price, and costs are higher in the lowest band as well as each band above it. That pattern shows larger average price reductions for lower- and middle-income aid recipients than for higher-income recipients, without describing any individual award.

The spread across the listed bands reinforces that family income is associated with different average prices after grants and scholarships.

The published cost of attendance at Merrimack College is $70,038 (an average across living arrangements). Azimuth ranks the university #1,359 for affordability among nonprofit four-year institutions.

After grants and scholarships, the average net price for aid recipients from families earning under $30,000 is $31,710, for those earning $48,001 to $75,000 it is $31,962, and for those earning over $110,000 it is $41,050. The spread between the lowest and highest bands is $9,340.

Aid covers about 46% of the published cost for the average aid recipient, bringing the average net price across all aid recipients to $37,927. That is $10,556 above the $27,371 median for comparable institutions (same type and size).

Borrowers who complete a degree carry a median of $27,000 in federal student loans, $2,801 above the peer median of $24,199. Nearly all undergraduates, 97.3%, take on federal loans.

Parents who borrow through the separate Parent PLUS program hold a median of $50,540. The median student debt corresponds to an estimated payment of $307 a month if repaid over ten years.

At Merrimack College, federal borrowing is widespread: 97.3% of federal aid recipients take federal loans. Among borrowers who complete, median federal student loan debt is $27,000.

The peer median, the middle value for comparable institutions (same type and size), is $24,199, and Merrimack's median is $2,801 above it. Parent PLUS borrowers are a separate parent-borrower population, with median borrowing of $50,540.

The borrower share and above-peer median debt show that federal loans are common here.

For applicants weighing Merrimack College's price against likely pay, the return picture is mixed: earnings place well in the broader distribution, but the model comparison is less favorable. Among federally aided completers who are working and not enrolled, median earnings are $65,506 four years after completion.

That figure is in the 67th percentile among nonprofit four-year institutions. Earnings beyond expectations, the gap between what graduates earn and what the model expects for similar students, are less favorable.

Graduates earn about $11,522 less than the model expects for similar students. Azimuth places that measure in the 16th percentile among nonprofit four-year institutions.

The downside, typical, and upside earnings scenarios are $53,816, $65,506, and $81,592. Median federal student loan debt at completion is $27,000, $2,801 above the peer median of $24,199 at comparable institutions (same type and size).

That debt corresponds to an estimated payment of $307 a month if repaid over ten years. Higher-positioned observed earnings sit alongside below-expected modeled earnings and debt above peers.

For the separate population of Parent PLUS parent borrowers, median borrowing is $50,540. For student borrowers with median federal debt, that debt corresponds to an estimated payment of $307 a month if repaid over ten years.

Sources and reporting periods: methodology.

Analysis and methodology by Daniel Rogers, founder of College Azimuth.

Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.

Figure notes link to sources and limitations. About College Azimuth.