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MERRIMACK COLLEGE

Merrimack College
315 Turnpike Street
North Andover, MA 01845

Official telephone: (978) 837-5000
Fax number: (978) 837-5222

Website: www.merrimack.edu


Options:
Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Christine Mordach,
Director of Financial Aid
Contacting the office: 978 837-5196
978 837-5067 (fax)
financialaid@
merrimack.edu
FAFSA number: 002120
CSS/PROFILE number: 3525

EXPENSES
Undergraduate tuition: $29,310; $29,310 out-of-state
Tuition notes: Guaranteed 4-year costs for Class of 2011 $41,100; guaranteed 4-year costs for Class of 2010 37,325; costs for Class of 2008 and 2009 vary.
Additional required fees: $500
Book fees: $1,035
Miscellaneous expenses: $2,350
Combined room and board expenses: $11,790 - $10,705

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 1noFebruary 1
Noncustodial (Divorced/Separated) Parent's StatementN/AnoFebruary 15
Business/Farm SupplementN/AnoFebruary 15

Date award notification begins: March 1
Applied for financial aid:
94% of first-year students
73% of full-time undergraduates
Determined to have financial need:
91% of first-year students
82% of full-time undergraduates
Students determined to have financial need who received any financial aid:
99% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
93% of first-year students
96% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
6% of first-year students
27% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
92% of first-year students
84% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
70% for first-year students
65% for full-time undergraduates
0% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$18,625 for first-year students
$19,000 for full-time undergraduates
$0 for part-time undergraduates
Average need-based gift award:
$15,000 for first-year students
$12,500 for full-time undergraduates
$0 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,625 for first-year students
$6,500 for full-time undergraduates
$0 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,625 for first-year students
$5,500 for full-time undergraduates
$0 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
11% of first-year students
9% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$10,000 for first-year students
$10,000 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
7% of first-year students
12% of full-time undergraduates
Average non-need-based athletic award:
$25,000 for first-year students
$25,000 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 20%

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
  • Alternative Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 72%
Average student debt upon graduation: $25,000
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • athletic scholarships
Percent of scholarship aid awarded to out-of-state students: 0%



Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.


The information in the Campus Tours is provided and updated by third parties including the respective colleges and universities. While the colleges and universities are able to update the Campus Tours information at any time and this section, thereby, has the potential to offer the most accurate and up-to-date information available, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.

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