Mount Mercy University

www.mtmercy.edu/

Add Comparison

2021 Undergraduate Tuition

$35,540

3% growth from 2020

2021 Average Net Price

$25,345

After Financial Aid

2019 Student Loan

1.47%

Default Rate

2021 Acceptance Rate

81%

1,278 Applicants

2021 Enrolled Students

1,580

71.5% Full-Time

2021 Graduation Rate

59.9%

139 Graduates

About

Mount Mercy University is a higher education institution located in Linn County, IA. In 2021, the most popular Bachelors Degree concentrations at Mount Mercy University were Registered Nursing (104 degrees awarded), General Psychology (25 degrees), and General Business (24 degrees).

In 2021, 589 degrees were awarded across all undergraduate and graduate programs at Mount Mercy University. 68.8% of these degrees were awarded to women, and 31.2% awarded men. The most common race/ethnicity group of degree recipients was white (473 degrees), 13.5 times more than then the next closest race/ethnicity group, black or african american (35 degrees).

The median undergraduate tuition at Mount Mercy University is $35,540, which is $12,356 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Mount Mercy University is $35,540, which is $12,356 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $25,345.

In 2021, 89% of undergraduate students attending Mount Mercy University received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$35,540

2021 Undergraduate Tuition

In 2021, the cost of tuition at Mount Mercy University was $35,540. The cost of tuition at Mount Mercy University is $12,356 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Mount Mercy University (in red) with those of other similar universities.

Average Net Price

$25,345

2021 Value

0.647%

1 Year Growth

In 2021 Mount Mercy University had an average net price — the price paid after factoring in grants and loans — of $25,345. Between 2020 and 2021, the average net price of Mount Mercy University grew by 0.647%.

This chart compares the average net price of Mount Mercy University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$8,706

Room and Board

$1,320

Books and Supplies

The average yearly cost of room and board at Mount Mercy University was of $8,706 in 2021. The cost of room and board increased by 8.68% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,320. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Mount Mercy University (in red) with that of similar universities.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Mount Mercy University received financial aid through grants or loans in 2021. This represents a decline of 11% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Mount Mercy University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.47%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Mount Mercy University was 1.47%, which represents 8 out of the 543 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Mount Mercy University received 1,278 undergraduate applications in 2021, which represents a 10.2% annual growth. Out of those 1,278 applicants, 1,035 students were accepted for enrollment, representing a 81% acceptance rate.

There were 1,580 students enrolled at Mount Mercy University in 2021.

Mount Mercy University has an overall enrollment yield of 21.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81%

Acceptance Rate in 2021

1,035

Accepted Out of 1,278

In 2021, the undergraduate acceptance rate of Mount Mercy University was 81% (1,035 admissions from 1,278 applications). This is higher than the acceptance rate of 2020, which was 76.2%. Between 2020 and 2021, the number of applicants grew by 10.2%, while admissions grew by 17.1%..

This chart compares the acceptance rate of Mount Mercy University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Mount Mercy University had a total enrollment of 1,580 students in 2021. The full-time enrollment at Mount Mercy University is 1,129 students and the part-time enrollment is 451. This means that 71.5% of students enrolled at Mount Mercy University are enrolled full-time.

The enrolled student population at Mount Mercy University, both undergraduate and graduate, is 76.1% White, 7.53% Black or African American, 4.62% Two or More Races, 2.09% Asian, 1.33% Hispanic or Latino, 0.316% American Indian or Alaska Native, and 0.0633% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mount Mercy University in full-time Undergraduate programs are most commonly White Female (51%), followed by White Male (22.9%) and Black or African American Female (4.44%). Students enrolled in full-time Graduate programs are most commonly White Female (68.1%), followed by White Male (17.2%) and Black or African American Female (2.59%).

Full-Time vs Part-Time Enrollment

71.5%

Full-Time Enrollment

The total enrollment at Mount Mercy University in 2021, both undergraduate and graduate, is 1,580 students. The full-time enrollment at Mount Mercy University is 1,129 and the part-time enrollment is 451. This means that 71.5% of students enrolled at Mount Mercy University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Mount Mercy University (in red) compares to similar universities.

Retention Rate over Time

78%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Mount Mercy University was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mount Mercy University had a retention rate higher than its peers.

This chart shows the retention rate over time at Mount Mercy University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,203 enrolled students
Black or African American
119 enrolled students
Two or More Races
73 enrolled students

The enrolled student population at Mount Mercy University is 76.1% White, 7.53% Black or African American, 4.62% Two or More Races, 2.09% Asian, 1.33% Hispanic or Latino, 0.316% American Indian or Alaska Native, and 0.0633% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 49 students (3.1%) did not report their race.

Graduates

In 2021, 221 more women than men received degrees from Mount Mercy University. The most common race/ethnicity group of degree recipients at Mount Mercy University is white (473 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, black or african american (35 degrees).

The most common Bachelor's Degree concentration at Mount Mercy University is Registered Nursing (104 degrees awarded), followed by General Psychology (25 degrees) and General Business (24 degrees).

In 2021, the most specialized majors across all degree types at Mount Mercy University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (39 degrees awarded), Business (223 degrees), and Public Administration and Social Service (21 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mount Mercy University are Registered nurses (1,427,315 people), Accountants & auditors (1,048,787 people), Other managers (766,608 people), Financial managers (477,043 people), and Chief executives & legislators (379,907 people).

The most specialized majors at Mount Mercy University in 2021 are Protective Services (39 degrees awarded), Business (223 degrees), Public Administration and Social Service (21 degrees), Natural Resources & Conservation (6 degrees), and Health (159 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mount Mercy University are Surgeons, Physicians, Aircraft pilots & flight engineers, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Mount Mercy University are Protective Services (39 degrees awarded), Business (223 degrees), Public Administration and Social Service (21 degrees), Natural Resources & Conservation (6 degrees), and Health (159 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mount Mercy University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,808,547 people), Elementary & secondary schools (771,633 people), Justice, public order, & safety activities (515,285 people), Computer Systems Design (495,425 people), and Colleges, universities & professional schools, including junior colleges (492,317 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mount Mercy University.

Most Common (2021)

Registered Nursing
104 degree-majors awarded
General Psychology
25 degree-majors awarded
General Business
24 degree-majors awarded

In 2021, the most common bachelors degree concentration at Mount Mercy University was Registered Nursing with 104 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Mount Mercy University according to their major.

Sex Breakdown for Common Majors

184

Degrees Awarded to Men

in 2021

405

Degrees Awarded to Women

in 2021

In 2021, 184 degrees were awarded to men at Mount Mercy University, which is 0.454 times less than the number of degrees awarded to females (405).

This chart displays the sex disparity between the top 5 majors at Mount Mercy University by degrees awarded.

Most Common Male Majors

In 2021, 32 degrees were awarded to men at Mount Mercy University in General Business Administration & Management, which is 0.97 times less than the 33 female recipients with that same degree.

Most Common Female Majors

In 2021, 92 degrees were awarded to men at Mount Mercy University in Registered Nursing, which is 7.67 times more than the 12 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

64%

150% Completion Time

In 2021, 51% of students graduating from Mount Mercy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Mount Mercy University is Male and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.16% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
473 degrees awarded
Black or African American
35 degrees awarded
Two or More Races
10 degrees awarded

The most common race/ethnicity at Mount Mercy University is white (473 degrees awarded). There were 13.5 times more white recipients than the next closest race/ethnicity group, black or african american (35 degrees).

4.92% of degree recipients (29 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
340 degrees awarded
White Male
133 degrees awarded
Black or African American Male
18 degrees awarded

The most common race/ethnicity and sex grouping at Mount Mercy University is white female (340 degrees awarded). There were 2.56 times more white female recipients than the next closest race/ethnicity group, white male (133 degrees).

Operations

Mount Mercy University has an endowment valued at nearly $36.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.77M (21.4%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Mount Mercy University had a total salary expenditure of 34M. Mount Mercy University employs 44 Assistant professors, 18 Associate professors and 14 Professors. Most academics at Mount Mercy University are Female Assistant professor (28), Male Assistant professor (16), and Male Associate professor (9).

The most common positions for non-instructional staff at Mount Mercy University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 38 employees, Management, with 28 employees, and Service with 22 employees.

Endowment

$36.3M

2021 Endowment

30.7%

growth from 2020

Mount Mercy University has an endowment valued at about $36.3M, as of the end of the 2021 fiscal year. The endowment of Mount Mercy University grew 30.7% from the previous year. The value of their endowment was $14.1M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Mount Mercy University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$15.2M

2021 Salaries

0.213%

decline from 2020

In 2021, Mount Mercy University paid a median of $15.2M in salaries, which represents 44.6% of their overall expenditure ($34M) and a 0.213% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$4.6M

Instructional Salaries

Number of Employees

In 2021, Mount Mercy University paid a total of $4.6M to 78 employees working as instructors, which represents 30.3% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

44 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

38 Employees

In 2021, the most common positions for instructional staff at Mount Mercy University were Assistant professor with 44 employees, Associate professor with 18 employees, and Professor with 14 employees.

In 2021, the most common positions for non-instructional staff at Mount Mercy University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 38 employees, Management with 28 employees, and Service with 22 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Male Assistant professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Mount Mercy University was Female Assistant professor with 28 employees, Male Assistant professor with 16 employees, and Male Associate professor with 9 employees.

This chart shows the sex split between each academic rank present at Mount Mercy University.