Scholarships and Grants

Mount Mercy provided $9.2 million in scholarship support to undergraduates in 2013–14, including $649,601 from endowed and named scholarships. A total of 225 endowed scholarships, which are a continual source of support for Mount Mercy students, were awarded. Additionally, annual donors provided 125 named scholarships.

Institutional Aid | Scholarships & Grants

Freshmen Academic Scholarships, Grants & Awards  |  $4,000-$18,000
Open to incoming freshmen only, fall 2015.

  • $18,000 Presidential Scholarship (Minimum GPA of 4.0 OR ACT of 30)
  • $14,000 Distinguished Scholarship (Minimum GPA of 3.7 OR ACT of 26)
  • $12,000 Dean's Scholarship (Minimum GPA of 3.3 OR ACT of 22)
  • $10,000 Collegiate Scholarship (Minimum GPA of 3.0 OR ACT of 20)
  • Must be enrolled full-time to receive full award
  • Academic awards listed above assume on campus residency and will be reduced by $3,500 for students who commute
  • Renewable annually for up to 4 years


Sister Mary Ildephonse Holland Scholarship | Full Tuition
Open to incoming freshmen students only.

  • Requires minimum 27 ACT Composite and 3.75 Cumulative GPA
  • Must be admitted by January 30, 2015.
  • Scholarship awarded from participation in Scholarship Day on February 21, 2015
  • Evidence of strong community service and extra-curricular activities desired
  • FAFSA must be filed by July 1
  • Student will be required to live on-campus
  • Renewable annually for up to 4 years
     

Catherine McAuley  |  Full Tuition
Open to incoming freshmen students only.

  • Need-based free tuition award
  • Income guidelines apply
  • FAFSA must be filed by July 1 in first year, May 1 in subsequent years
  • Must be Iowa resident and graduate from an Iowa high school
  • Student will be required to live on-campus
  • Learn more
  • Renewable annually for up to 4 years
     

Transfer Academic Scholarships, Grants & Awards  |  $4,000-$12,000
Open to incoming transfer students only.

  • Transfer students: based on college transfer GPA
  • Must be enrolled full-time to receive full award
  • Awards will be reduced for part-time enrollment
  • Must be enrolled a minimum of 6 hours to receive a partial award
  • Renewable annually for up to 4 years

 

Special Talent Scholarships  |  $2,000 - $3,000
Open to incoming freshmen and transfer students. 

  • Scholarships in the areas of Art & Design, Instrumental Music, Theatre Arts, Vocal Music, and Writing
  • Auditions/interviews offered individually after student is admitted and as part of Scholarship Day on February 21, 2015
  • Priority deadline for freshmen auditions is March 1
  • Open to majors and non-majors
  • $2,000 available for full-time transfer students
  • $3,000 available for incoming full-time freshmen
  • Students receiving Athletic Scholarships are not eligible to receive a special talent scholarship
  • Renewable annually for up to 4 years
  • Application and area requirements available here
     

Departmental Awards  |  $500-$2,000
Open to incoming freshmen students.

  • Students must participate in Scholarship Day on February 21, 2015
  • Students must be admitted by January 30, 2015
  • Renewable annually for up to 4 years


Athletic Scholarships
Open to incoming freshmen and transfer students.

  • Awarded to entering full-time students academically eligible to compete in NAIA athletic events
  • Coaches of each sport with work with the Athletic Director and Student Financial Services Office to award the scholarship
  • Renewable annually for up to 4 years
     

Out-of-State Grant  |  $500-$3,500
Open to incoming freshmen and transfer students.

  • Need-based
  • Must reside out-of-state
  • Must complete FAFSA by July 1
  • Must enroll with full-time status
  • Must live on campus
  • Renewable annually for up to 4 years
     

Outstanding International Student Award  |  $3500-$7000
Open to incoming freshmen and transfer students.

  • The International Grant is awarded to international students not eligible for federal financial aid
  • The amount is determined by whether the student is living on or off campus
  • Renewable annually for up to 4 years
     

Legacy or Sibling Scholarship  |  $1,000
Open to incoming freshmen and transfer students.

  • Must be nominated by a parent, grandparent or sibling who has graduated from Mount Mercy
  • Must enroll with full-time status
  • Deadline for nominations is March 1
  • Renewable annually for up to 4 years
  • Refer a prospective student online >
     

Catholic Education Grant  |  $1,000
Open to incoming freshmen students only.

  • Graduates of Catholic High Schools
  • Must enroll with full-time status
  • Renewable annually for up to 4 years
     

Archdiocese of Dubuque Parish Award  |  $500
Open to incoming freshmen and transfer students

  • Recipients selected by parish priest
  • Deadline is March 1
  • Must enroll with full-time status
  • Renewable annually for up to 4 years
     

Honors Scholarships  |  $1,000
Open to incoming freshmen and transfer students.

  • Eligible for the honors program at Mount Mercy
  • Freshmen: Minimum ACT of 26, top 25% class rank, and 3.6 GPA 
  • Transfers:  Have minimum 3.4 college GPA (with minimum 12 hours of transferable credits)  
  • Complete the scholarship application 
  • Participation in the honors program required 
  • Renewable annually for up to 4 years
  • Learn more about the Honors Program
     

Honor Society Scholarships for Transfer Students: Phi Theta Kappa and Kappa Beta Delta  |  $1000
Open to incoming transfer students only.

  • Must be a member of Phi Theta Kappa or Kappa Beta Delta
  • Must submit a copy of membership card or certificate of membership
  • Awards are non-duplicative (one honor society scholarship per student)
  • Must maintain a 3.25 or higher cumulative GPA
  • Must be a 2-year college transfer
  • Must transfer at least 45 credits
  • Must be enrolled full-time 
  • Renewable annually for up to 4 years

Social Work Scholarship through the Department of Psychology, Sociology, and Social Work  |  $500-$2,000
Open to incoming freshmen and transfer students.

  • Scholarship applications and materials are required (expectations vary by application and program)
  • Incoming freshmen: 2.5 or higher high school GPA
  • Transfer students: 2.5 or higher college transfer GPA
  • Demonstration of ability, talent and dedication in major area of study
  • Must enroll at least half-time
  • Renewable annually for up to 4 years
  • Download the Social Work Scholarship application form
     

One-Course Grant  |  $300

  • Students enrolled for one course (3-5 hours) are eligible
  • Students must complete the course with a grade of C or better (C- does not count) and maintain a grade point average of 2.30
  • Apply for fall grants by December 30 and spring grants by May 31
  • Those receiving employer reimbursement or other forms of aid are not eligible
     

All scholarship amounts listed above are for full-time, degree seeking students unless otherwise noted. Students attending part-time will receive prorated awards unless the scholarship requires full-time status.

State & Federal Programs | Grants 

Iowa Tuition Grant  |  Up to $4,550

  • Need-based
  • Must reside in Iowa
  • Must complete FAFSA by July 1

Federal Pell Grant

  • Need based
  • Apply by filing a FAFSA
  • Award determined by number of credit hours student is taking and Expected Family Contribution (EFC)
  • No repayment required unless student changes credit hours or withdraws from school
     

Federal TEACH Grant

  • Must file a FAFSA
  • Must be a U.S. citizen enrolled in a qualified teacher education program
  • Students must also sign an Agreement to Serve (ATS) that obligates them to teach for 4 years within 8 years of completing or ceasing enrollment in a TEACH grant eligible program
  • If obligation is not met the grant converts to an unsubsidized loan and must be repaid with interest
  • A student must teach in a low income elementary or secondary school in a high need field
  • A cumulative GPA of 3.25 must be maintained
     

Federal Supplemental Education Opportunity Grant (FSEOG)

  • Awarded to undergraduates with exceptional financial need, that is, students with the lowest Expected Family Contributions
  • No guarantee every eligible student will be able to receive a FSEOG
  • Awards are based on the availability of funds at Mount Mercy