by our College Data Analytics TeamHere is what you can expect to pay at Merrimack College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
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What it costs to attend Merrimack College comes to about $68,089.00 a year.
Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.
| Tuition and fees | $53,962.00 |
| + Room, board & other expenses | $14,127.00 |
| Total cost | $68,089.00 |
| That is 108% above the national average net price. |
| Total cost | $68,089.00 |
| − Grants and scholarships | −$32,111.00 |
| Net price | $35,978.00 |
| That is 10% above the national average net price. |
| Total cost | $68,089.00 |
| − Grants and scholarships | −$38,328.00 |
| Net price | $29,761.00 |
| That is 9% below the national average net price. | |
| Explore each piece on the tuition & fees page plus room and board. |
Cost of attendance here has been rising at a recent average of 4.8% per year; the projections below compound that across a degree. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 4.8% | 4.8% | 4.8% |
| Freshman year | $31,182.00 | $37,696.00 | $71,341.00 |
| Senior year | $35,866.00 | $43,359.00 | $82,057.00 |
| Total 4-year net price | $133,951.00 | $161,933.00 | $306,462.00 |
| 10-year loan interest @ 6.8% | $51,031.00 | $61,691.00 | $116,751.00 |
| Total monthly payment | $1,542.00 | $1,864.00 | $3,527.00 |
| Total amount paid | $184,982.00 | $223,624.00 | $423,213.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 4.8% | 4.8% | 4.8% |
| Freshman year | $31,182.00 | $37,696.00 | $71,341.00 |
| Senior year | $32,671.00 | $39,496.00 | $74,747.00 |
| Total 2-year net price | $63,854.00 | $77,192.00 | $146,088.00 |
| 10-year loan interest @ 6.8% | $24,326.00 | $29,408.00 | $55,654.00 |
| Total monthly payment | $735.00 | $888.00 | $1,681.00 |
| Total amount paid | $88,179.00 | $106,600.00 | $201,742.00 |
For the complete net-price picture, see the net-price section.
The net price figure shows the cost after grants and scholarships are deducted. For most families it is a more realistic figure than the published cost.
| Average net price (on-campus) | $37,927.00 |
| Average net price (off-campus) | $37,899.00 |
The real cost varies by income because need-based aid scales with financial need. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $27,376.00 |
| $30,000 to $48,000 | $30,509.00 |
| $48,001 to $75,000 | $32,926.00 |
| $75,001 to $110,000 | $37,097.00 |
| Over $110,000 | $41,477.00 |
Estimate your specific net price using the school’s Merrimack College Net Price Calculator, or visit the financial aid office.
Curious how grants and scholarships are distributed? Explore the grants & scholarships detail.
Median graduate debt at Merrimack College works out to $23,750.00, placing the school in the Moderate ($20-30k) debt-burden bucket.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,500.00 |
| 25th | $8,802.00 |
| Median (50th) | $23,750.00 |
| 75th | $27,000.00 |
| 90th | $29,000.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.
Median debt at graduation differs meaningfully across income brackets. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $24,125.00 |
| Middle income | $24,660.00 |
| High income | $23,250.00 |
Low-income borrowers graduate with $875.00 more debt than high-income graduates.
First-gen students typically face different financial-aid contexts than students whose parents attended college.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $24,250.00 |
| Continuing-generation students | $23,250.00 |
First-generation borrowers from Merrimack College take on $1,000.00 in additional median debt versus continuing-generation peers.
The Pell Grant is the main federal need-based award for undergraduates. Pell vs non-Pell comparisons surface how debt breaks down by need.
The Pell-versus-non-Pell median debt difference at Merrimack College comes to $1,750.00. The Department of Education flags this school for a Pell-debt-inequity pattern.
The default-rate category at Merrimack College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 3.5% |
To put the rates in context, Stafford loans at Merrimack College total $208,356,311.00 over 11,965 student borrowers.
Veterans and current servicemembers may be eligible for major federal education benefits including the GI Bill and Tuition Assistance from the Department of Defense.
| GI Bill recipients | 55 |
| Avg GI Bill amount | $14,199.00 |
For the full rundown of veteran and military benefits, see the college veterans page.
The data above is a foundation; round it out by asking yourself about Merrimack College, a few questions are worth asking:
Use the pages below to go deeper on a specific part of the cost story:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.