Financial Aid

We understand that the cost of your education is an important factor when making the decision which school to attend.

Currently, 100% of our full-time freshmen receive some form of institutional financial aid from Mount Mercy. It is our goal to make it financially possible for all qualified students to attend Mount Mercy. We encourage you to contact us directly with any questions you may have about the cost of attending Mount Mercy.

In addition to institutional aid, state and federal aid in the form of grants, work study and loans are available to students to help offset the cost of your education. We have outlined these programs so you can have a clear picture of the types of aid available to you and your family.

All admitted students should complete the FAFSA (Free Application for Federal Student Aid). The FAFSA form helps determine your eligibilty for state and federal aid. You need to complete the form after January 1 of the year you plan to enroll. Once the Financial Aid Office receives the FAFSA results, all admitted students receive a financial aid award. We'll send out initial awards for new freshmen after March 15 and new transfer awards are sent out after April 1.

We have a Net Price Calculator available to assist you in determining the types of institutional, state and federal aid you may be eligible for at Mount Mercy Univeristy. It will also calculate any out of pocket costs you may have while attending Mount Mercy Univeristy.

Contact us

If you have any questions regarding the financial aid process, please do not hesitate to contact the Student Financial Services Center. We're here to answer your questions and help you understand your options.

E-mail: studentfinancialservices@mtmercy.edu
Phone: 1.800.248.4504, ext. 6467 or 319.368.6467
Office: 112 Warde Hall
Office hours: Monday-Thursday 8 am-5 pm; Friday 8 am-4:30 pm