Mount Mercy University

www.mtmercy.edu/

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2020 Undergraduate Tuition

$34,506

5% growth from 2019

2020 Average Net Price

$25,182

After Financial Aid

2018 Student Loan

5.98%

Default Rate

2020 Acceptance Rate

76.2%

1,160 Applicants

2020 Enrolled Students

1,705

67.9% Full-Time

2020 Graduation Rate

57.5%

77 Graduates

About

Mount Mercy University is a higher education institution located in Linn County, IA. In 2020, the most popular Bachelor's Degree concentrations at Mount Mercy University were Registered Nursing (108 degrees awarded), General Business (51 degrees), and General Human Resources Management & Personnel Administration (41 degrees).

In 2020, 680 degrees were awarded across all undergraduate and graduate programs at Mount Mercy University. 64.4% of these degrees were awarded to women, and 35.6% awarded men. The most common race/ethnicity group of degree recipients was white (541 degrees), 10.6 times more than then the next closest race/ethnicity group, black or african american (51 degrees).

The median undergraduate tuition at Mount Mercy University is $34,506, which is $11,976 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Mount Mercy University is $34,506, which is $11,976 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $25,182.

In 2020, 100% of undergraduate students attending Mount Mercy University received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Tuition Costs

$34,506

2020 Undergraduate Tuition

In 2020, the cost of tuition at Mount Mercy University was $34,506. The cost of tuition at Mount Mercy University is $11,976 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$25,182

2020 Value

20%

1 Year Growth

In 2020 Mount Mercy University had an average net price — the price paid after factoring in grants and loans — of $25,182. Between 2019 and 2020, the average net price of Mount Mercy University grew by 20%.

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

$8,011

Room and Board

$1,320

Books and Supplies

The average yearly cost of room and board at Mount Mercy University was of $8,011 in 2020. During the same period, the average yearly cost of books and supplies was $1,320. The cost of room and board increased by 3.29% between 2019 and 2020. 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

100%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Mount Mercy University received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, 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.

5.98%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Mount Mercy University was 5.98%, which represents 33 out of the 552 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 1,160 undergraduate applications in 2020, which represents a 1.36% annual decline. Out of those 1,160 applicants, 884 students were accepted for enrollment, representing a 76.2% acceptance rate.

There were 1,705 students enrolled at Mount Mercy University in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Mount Mercy University has an overall enrollment yield of 25.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.2%

Acceptance Rate in 2020

884

Accepted Out of 1,160

In 2020, the undergraduate acceptance rate of Mount Mercy University was 76.2% (884 admissions from 1,160 applications). This is higher than the acceptance rate of 2019, which was 66%. Between 2019 and 2020, the number of applicants declined by −1.36%, while admissions grew by 13.9%.

This chart compares the acceptance rate of Mount Mercy University (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

Scores Submitted

N/A% of enrolled first-time students at Mount Mercy University in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Mount Mercy University has a total enrollment of 1,705 students. The full-time enrollment at Mount Mercy University is 1,157 students and the part-time enrollment is 548. This means that 67.9% of students enrolled at Mount Mercy University are enrolled full-time.

The enrolled student population at Mount Mercy University, both undergraduate and graduate, is 77.5% White, 7.86% Black or African American, 2.52% Two or More Races, 1.88% Asian, 1.29% Hispanic or Latino, 0.762% American Indian or Alaska Native, and 0.293% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mount Mercy University in full-time Undergraduate programs are most commonly White Female (54.1%), followed by White Male (23.3%) and Black or African American Female (5.17%). Students enrolled in full-time Graduate programs are most commonly White Female (58.4%), followed by White Male (18.6%) and Black or African American Male (4.42%).

Full-Time vs Part-Time Enrollment

67.9%

Full-Time Enrollment

The total enrollment at Mount Mercy University, both undergraduate and graduate, is 1,705 students. The full-time enrollment at Mount Mercy University is 1,157 and the part-time enrollment is 548. This means that 67.9% of students enrolled at Mount Mercy University are enrolled full-time compared with 68.8% 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

80%

2020 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 80%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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

White
1,321
Black or African American
134
Two or More Races
43

The enrolled student population at Mount Mercy University is 77.5% White, 7.86% Black or African American, 2.52% Two or More Races, 1.88% Asian, 1.29% Hispanic or Latino, 0.762% American Indian or Alaska Native, and 0.293% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 81 students (4.75%) did not report their race.

Graduates

In 2020, 196 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 (541 degrees awarded). There were 10.6 times more white graduates than the next closest race/ethnicity group, black or african american (51 degrees).

The most common Bachelor's Degree concentration at Mount Mercy University is Registered Nursing (108 degrees awarded), followed by General Business (51 degrees) and General Human Resources Management & Personnel Administration (41 degrees).

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 Business (300 degrees awarded), Philosophy and Religious Studies (5 degrees), and Protective Services (37 degrees).

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (1,839,561 people), Accountants & auditors (1,053,027 people), Other managers (713,093 people), Financial managers (461,071 people), and Secondary school teachers (416,576 people).

The most specialized majors at Mount Mercy University are Business (300 degrees awarded), Philosophy and Religious Studies (5 degrees), Protective Services (37 degrees), Natural Resources & Conservation (6 degrees), and Education (60 degrees).

Highest Paying Jobs by Major

Physicians

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 Physicians, Aerospace engineers, Surgeons, Podiatrists, and Magnetic resonance imaging technologists

Common Industries by Major

Elementary & secondary schools

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 Elementary & secondary schools (3,069,542 people), Colleges, universities & professional schools, including junior colleges (533,628 people), Banking & related activities (500,701 people), Justice, public order, & safety activities (491,224 people), and Computer Systems Design (462,666 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

Registered Nursing
108 degree-majorss awarded
General Business
51 degree-majorss awarded
General Human Resources Management & Personnel Administration
41 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Mount Mercy University was Registered Nursing with 108 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

242

Degrees Awarded to Men

in 2020

438

Degrees Awarded to Women

in 2020

In 2020, 242 degrees were awarded to men at Mount Mercy University, which is 0.553 times less than the number of degrees awarded to females (438).

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

Most Common Male Majors

In 2020, 39 degrees were awarded to men at Mount Mercy University in General Business Administration & Management, which is 1.5 times more than the 26 female recipients with that same degree.

Most Common Female Majors

In 2020, 99 degrees were awarded to women at Mount Mercy University in Registered Nursing, which is 11 times more than the 9 male recipients with that same degree.

Time to Complete

53%

100% Completion Time

71%

150% Completion Time

In 2020, 53% of students graduating from Mount Mercy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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 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 (72.4%).

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, 2.6% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
541 degrees awarded
Black or African American
51 degrees awarded
Unknown
28 degrees awarded

The most common race/ethnicity at Mount Mercy University is white (541 degrees awarded). There were 10.6 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

4.12% of degree recipients (28 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
366 degrees awarded
White Male
175 degrees awarded
Black or African American Female
28 degrees awarded

The most common race/ethnicity and sex grouping at Mount Mercy University is white female (366 degrees awarded). There were 2.09 times more white female recipients than the next closest race/ethnicity group, white male (175 degrees).

Operations

Mount Mercy University has an endowment valued at nearly $27.8M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−5.99%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Mount Mercy University had a total salary expenditure of $33.2M. Mount Mercy University employs 45 Assistant professors, 22 Associate professors, and 13 Professors. Most academics at Mount Mercy University are Female Assistant professors (28), Male Assistant professors(17), and Male Associate professors (12).

The most common positions for non-instructional staff at Mount Mercy University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 41 employees, Management, with 25 employees, and Service with 22 employees.

Endowment

$27.8M

2020 Endowment

6.68%

decline from 2019

Mount Mercy University has an endowment valued at about $27.8M, as of the end of the 2020 fiscal year. The endowment of Mount Mercy University declined 6.68% from the previous year. The value of their endowment was $11.8M 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.

Government Grants and Contracts

Grants & Contracts

$1.1M - Federal
$0 - State
$0 - Local

As of 2020, Mount Mercy University received $1.1M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$15.2M

2020 Salaries

2.51%

growth from 2019

In 2020, Mount Mercy University paid a median of $15.2M in salaries, which represents 45.9% of their overall expenditure ($33.2M) and a 2.51% growth from the previous year. This is compared to a 6.39% growth from 2018 and a 6.05% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$4.15M

Instructional Salaries

Number of Employees

In 2020, Mount Mercy University paid a total of $4.15M to 84 employees working as instructors, which represents 27.2% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

45 Employees

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

Most Common Non-Instructional Employee

41 Employees

In 2020, the most common positions for instructional staff at Mount Mercy University were Assistant professor with 45 employees; Associate professor with 22 employees; and Associate professor with 13 employees.

In 2020, the most common positions for non-instructional staff at Mount Mercy University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 41 employees; Management with 25 employees; and Service with 22 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Assistant professor
Male Assistant professor
Male Associate professor

In 2020, the most common demographic for instructional staff at Mount Mercy University was Female Assistant professor with 28 employees, Male Assistant professor with 17 employees, and Male Associate professor with 12 employees.

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