Financial Aid
Online students are eligible for financial aid through federal and state grants and loans, veterans’ benefits, and more.
Once you’ve registered for coursework at Mount Mercy University, please call the Office of Financial Aid at 319-368-6467 if you are interested in receiving financial aid. Please note that online students are not eligible for institutional scholarships.
Download this guide to get FREE answers to your financial aid questions.
To qualify for federal and state grants and loans, you need to file a FAFSA (Free Application for Federal Student Aid). Please note that Iowa applicants must submit their FAFSA by July 1 to be eligible for State of Iowa funds.
FAFSA stands for Free Application for Federal Student Aid. It is a form that can be prepared annually by current and prospective students in order to determine eligibility for federal aid.
If you want to receive financial aid, yes, you must complete a FAFSA form.
MMU’s FAFSA code is 001880.
To complete your form, you will need:
If you are a dependent student, you will also need most of the above information for your parent(s).
For answers to more questions, visit fafsa.ed.gov.
We truly care about the outcome of what you’re getting for your investment and we’re committed to making sure every single Mount Mercy student feels that.
— Dr. Tom Castle
Associate Provost
Mount Mercy University’s partnerships in the local business community allow us to offer a 10% tuition discount to online degree students who are employed by the following organizations:
MMU also accepts tuition reimbursement from employers who offer this benefit. Students receiving tuition reimbursement should work directly with a human resources representative at their place of employment.
Don’t see your employer listed here? Send us an email. We’ll be happy to reach out to your organization to see if they are interested in partnering.
We are honored to offer veteran education benefits for any of our online programs. Our financial aid experts will help you navigate all the financial resources available to veterans and their families, including the Yellow Ribbon program and G.I. Bill®.
Learn more about financial aid and get answers to any other questions you may have about Mount Mercy.