How much does it cost to attend?
In State California Resident Sticker Price
| Fee | Cost |
|---|---|
| Tuition | $11,442 |
| Books and Supplies | $1,073 |
| Other Fees | $2,215 |
| Room and Board | $18,901 |
| Other Expenses Budget | $4,603 |
Out of State Resident Sticker Price
| Fee | Cost |
|---|---|
| Tuition | $41,196 |
| Books and Supplies | $1,073 |
| Other Fees | $2,215 |
| Room and Board | $18,901 |
| Other Expenses Budget | $4,603 |
Residents of California pay an annual total price of $38,234 to attend University of California Merced on a full time basis. This fee is comprised of $11,442 for tuition, $18,901 room and board, $1,073 for books and supplies and $2,215 for other fees.
Out of state residents are charged a total cost of $67,988 which is 77.8% higher than California residents. The tuition charge is $41,196 while room and board is $18,901, books and supplies are $1,073 and other fees come in at $2,215.
All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.
Net Price
Net price is indicative of what it actually costs to attend University of California Merced when typical grants and scholarships are considered. The net price varies by family income and financial need.
Average Net Price 2019/2020
| Family Income | Net Price Paid |
|---|---|
| $0 to $30,000 | $10,363 |
| $30,001 to $48,000 | $11,400 |
| $48,001 to $75,000 | $14,261 |
| $75,001 to $110,000 | $19,795 |
| $110,000+ | $30,123 |
The average reported annual net price for University of California Merced for students receiving grants or scholarship aid was $13,578 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses
Explore University of California Merced
Financial Aid
93% of full-time undergrad University of California Merced received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $23,728 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 49% of students received Federal Student Loans averaging $4,637 and 5% of undergrads took out private student loans averaging $5,042.
| Type | Avg./Student | Students Receiving |
|---|---|---|
| Total Grant and Scholarship Aid | $23,728 | 93% |
| Institutional Grants and Scholarships | $11,424 | 80% |
| Pell Grants | $5,211 | 65% |
| Other Federal Grants | $1,132 | 22% |
| State and Local Grants | $10,850 | 81% |
| Federal Student Loans | $4,637 | 49% |
| Other Student Loans | $5,042 | 5% |
Student Loans
To gauge a more realistic picture of what it may really cost you out of pocket to go to University of California Merced, we've modeled a ten year student loan with an original principal value of $46,000. The loan balance of $46,000 is a four year multiple of the $11,500 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $439 could be required to satisfy your student loan.
Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.
| Example Loan | $46,000 |
| Stafford Loan Interest Rate | 2.75% |
| Time to Pay Off Student Loan | 10 years |
| Example Monthly Payment | $438.89 |
| Total Interest Paid | $6,666.89 |
| Sum of All Loan Payments | $52,666.89 |
Projected 4 Year Degree Price
4 Year Sticker Price
| Year | California Residents | Non Residents |
|---|---|---|
| 1 | $38,234 | $67,988 |
| 2 | $38,385 | $68,257 |
| 3 | $38,537 | $68,527 |
| 4 | $38,690 | $68,798 |
Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of California Merced to be $152,936 - assuming graduation in normal time. The estimation assumes a 0.4% annual increase over the next 4 years which has been the recent trend for this school.
Tuition Payment Plans Available
| Tuition Payment Plan | Yes |
| Prepaid Tuition Plan | No |
| Alternative Tuition Plan | Yes |
| Guaranteed Tuition Plan | No |
Costs for Similar Colleges
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=445188 IPEDS survey data for University of California Merced.