Mercy College

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2020 Undergraduate Tuition
$19,578
3.4% growth from 2019
2020 Average Net Price
$15,721
After Financial Aid
2018 Student Loan
7.08%
Default Rate
2020 Acceptance Rate
82%
7,246 Applicants
2020 Enrolled Students
9,547
72.4% Full-Time
2020 Graduation Rate
48%
348 Graduates

About

Mercy College is a higher education institution located in Westchester County, NY. In 2016, the most popular Bachelor's Degree concentrations at Mercy College were Registered Nursing (332 degrees awarded), General Business Administration & Management (192 degrees), and General Social Sciences (190 degrees).

In 2020, 2,626 degrees were awarded across all undergraduate and graduate programs at Mercy College. 75.5% of these degrees were awarded to women, and 24.5% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (856 degrees), 1.26 times more than then the next closest race/ethnicity group, white (678 degrees).

The median undergraduate tuition at Mercy College is $19,578, which is $−2,952 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Mercy College is $19,578, which is $−2,952 less 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 $15,721.

In 2020, 72% of undergraduate students attending Mercy College received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$19,578
2020 Undergraduate Tuition

In 2020, the cost of tuition at Mercy College was $19,578. The cost of tuition at Mercy College is $−2,952 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

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Average Net Price

$15,721
2020 Value
2.87%
1 Year Growth

In 2020 Mercy College had an average net price — the price paid after factoring in grants and loans — of $15,721. Between 2019 and 2020, the average net price of Mercy College grew by 2.87%.

This chart compares the average net price of Mercy College (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.

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Other Student Expenses

$11,511
Room and Board
$1,620
Books and Supplies

The average yearly cost of room and board at Mercy College was of $11,511 in 2020. During the same period, the average yearly cost of books and supplies was $1,620. The cost of room and board increased by 0.841% between 2019 and 2020. The cost of books and supplies increased by 2.02% during the same period.

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

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Financial Aid

Financial Aid by Income Level

72%
Undergraduates Receiving Financial Aid through Grants
57%
Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at Mercy College received financial aid through grants or loans in 2020. This represents a growth of 1.41% with respect to 2019, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at Mercy College (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.

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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.
7.08%
2018 Default Rate
206
Number of Defaults

In 2018 the default rate for borrower's at Mercy College was 7.08%, which represents 206 out of the 2909 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.

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Admissions

Mercy College received 7,246 undergraduate applications in 2020, which represents a 7.83% annual growth. Out of those 7,246 applicants, 5,939 students were accepted for enrollment, representing a 82% acceptance rate.

There were 9,547 students enrolled at Mercy College in 2020, and 26% of first-time enrollees submitted SAT scores with their applications.

Mercy College has an overall enrollment yield of 16.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82%
Acceptance Rate in 2020
5,939
Accepted Out of 7,246

In 2020, the undergraduate acceptance rate of Mercy College was 82% (5,939 admissions from 7,246 applications). This is higher than the acceptance rate of 2019, which was 81.6%. Between 2019 and 2020, the number of applicants grew by 7.83%, while admissions grew by 8.28%.

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

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SAT Scores

26%
Submission Percentage
255
Scores Submitted

26% of enrolled first-time students at Mercy College 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.

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Enrollment

Mercy College has a total enrollment of 9,547 students. The full-time enrollment at Mercy College is 6,913 students and the part-time enrollment is 2,634. This means that 72.4% of students enrolled at Mercy College are enrolled full-time.

The enrolled student population at Mercy College, both undergraduate and graduate, is 38.2% Hispanic or Latino, 24.4% Black or African American, 23.8% White, 5.05% Asian, 1.94% Two or More Races, 0.293% Native Hawaiian or Other Pacific Islanders, and 0.199% American Indian or Alaska Native.

Students enrolled at Mercy College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (31.8%), followed by Black or African American Female (19.7%) and Hispanic or Latino Male (12.2%). Students enrolled in full-time Graduate programs are most commonly White Female (27.1%), followed by Hispanic or Latino Female (22.2%) and Black or African American Female (15.5%).

Full-Time vs Part-Time Enrollment

72.4%
Full-Time Enrollment

The total enrollment at Mercy College, both undergraduate and graduate, is 9,547 students. The full-time enrollment at Mercy College is 6,913 and the part-time enrollment is 2,634. This means that 72.4% of students enrolled at Mercy College 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 Mercy College (in red) compares to similar universities.

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Retention Rate over Time

74%
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 Mercy College was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Mercy College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. Hispanic or Latino
    3,648
  2. Black or African American
    2,328
  3. White
    2,272

The enrolled student population at Mercy College is 38.2% Hispanic or Latino, 24.4% Black or African American, 23.8% White, 5.05% Asian, 1.94% Two or More Races, 0.293% Native Hawaiian or Other Pacific Islanders, and 0.199% American Indian or Alaska Native. 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, 461 students (4.83%) did not report their race.

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Graduates

In 2020, 1340 more women than men received degrees from Mercy College. The most common race/ethnicity group of degree recipients at Mercy College is hispanic or latino (856 degrees awarded). There were 1.26 times more hispanic or latino graduates than the next closest race/ethnicity group, white (678 degrees).

The most common Bachelor's Degree concentration at Mercy College is Registered Nursing (332 degrees awarded), followed by General Business Administration & Management (192 degrees) and General Social Sciences (190 degrees).

The most specialized majors across all degree types at Mercy College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (365 degrees awarded), Social Sciences (207 degrees), and Psychology (177 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mercy College are Elementary & middle school teachers (1,995,143 people), Registered nurses (1,415,757 people), Secondary school teachers (467,993 people), Lawyers, & judges, magistrates, & other judicial workers (427,229 people), and Other managers (419,828 people).

The most specialized majors at Mercy College are Education (365 degrees awarded), Social Sciences (207 degrees), Psychology (177 degrees), Health (797 degrees), and English (39 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mercy College are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Securities, commodities, & financial services sales agents, and Podiatrists

The most specialized majors at Mercy College are Education (365 degrees awarded), Social Sciences (207 degrees), Psychology (177 degrees), Health (797 degrees), and English (39 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mercy College are Elementary & secondary schools (3,496,293 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,794,518 people), Colleges, universities & professional schools, including junior colleges (753,454 people), Outpatient care centers (411,766 people), and Legal services (362,598 people).

The most specialized majors at Mercy College are Education (365 degrees awarded), Social Sciences (207 degrees), Psychology (177 degrees), Health (797 degrees), and English (39 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mercy College.
Most Common
  1. 332 degree-majorss awarded
  2. 192 degree-majorss awarded
  3. 190 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Mercy College was Registered Nursing with 332 degrees awarded.

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

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Sex Breakdown for Common Majors

643
Degrees Awarded to Men
in 2020
1,983
Degrees Awarded to Women
in 2020

In 2020, 643 degrees were awarded to men at Mercy College, which is 0.324 times less than the number of degrees awarded to females (1,983).

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

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Most Common Male Majors

In 2020, 162 degrees were awarded to men at Mercy College in General Business Administration & Management, which is 0.831 times less than the 195 female recipients with that same degree.

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Most Common Female Majors

In 2020, 287 degrees were awarded to women at Mercy College in Registered Nursing, which is 6.38 times more than the 45 male recipients with that same degree.

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Time to Complete

26%
100% Completion Time
43%
150% Completion Time

In 2020, 26% of students graduating from Mercy College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 45% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (71.4%)

The student demographic with the highest graduation rate at Mercy College is Female and Two or More Races (71.4% 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, 4.6% of graduates (16 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Hispanic or Latino
    856 degrees awarded
  2. White
    678 degrees awarded
  3. Black or African American
    656 degrees awarded

The most common race/ethnicity at Mercy College is hispanic or latino (856 degrees awarded). There were 1.26 times more hispanic or latino recipients than the next closest race/ethnicity group, white (678 degrees).

10.2% of degree recipients (267 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. Hispanic or Latino Female
    653 degrees awarded
  2. White Female
    511 degrees awarded
  3. Black or African American Female
    503 degrees awarded

The most common race/ethnicity and sex grouping at Mercy College is hispanic or latino female (653 degrees awarded). There were 1.28 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (511 degrees).

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Operations

Mercy College has an endowment valued at nearly $249M, as of the end of the 2020 fiscal year. The return on its endowment was of $822k (0.33%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Mercy College had a total salary expenditure of $158M. Mercy College employs 112 Assistant professors, 68 Associate professors, and 28 Professors. Most academics at Mercy College are Female Assistant professors (75), Female Associate professors(40), and Male Assistant professors (37).

The most common positions for non-instructional staff at Mercy College are: Management, with 168 employees, Office and Administrative Support, with 132 employees, and Business and Financial Operations with 86 employees.

Finances

Endowment

$249M
2020 Endowment
2.5%
decline from 2019

Mercy College has an endowment valued at about $249M, as of the end of the 2020 fiscal year. The endowment of Mercy College declined 2.5% from the previous year. The value of their endowment was $210M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Mercy College (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: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $10.5M - Federal
  2. $2.07M - State
  3. $79.3k - Local

As of 2020, Mercy College received $10.5M in grants and contracts from the federal government, $2.07M from state grants and contracts, and $79.3k from local grants and contracts.

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Expenses

Salary Expenditure

$69.9M
2020 Salaries
20%
growth from 2019

In 2020, Mercy College paid a median of $69.9M in salaries, which represents 44.2% of their overall expenditure ($158M) and a 20% growth from the previous year. This is compared to a 3.47% growth from 2018 and a 2.21% decline from 2017.

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

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Instructional Salaries

$19.2M
Instructional Salaries
225
Number of Employees

In 2020, Mercy College paid a total of $19.2M to 225 employees working as instructors, which represents 27.5% of all salaries paid.

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

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
112 Employees
Management
Most Common Non-Instructional Employee
168 Employees

In 2020, the most common positions for instructional staff at Mercy College were Assistant professor with 112 employees; Associate professor with 68 employees; and Associate professor with 28 employees.

In 2020, the most common positions for non-instructional staff at Mercy College were Management with 168 employees; Office and Administrative Support with 132 employees; and Business and Financial Operations with 86 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Assistant professor
  2. Female Associate professor
  3. Male Assistant professor

In 2020, the most common demographic for instructional staff at Mercy College was Female Assistant professor with 75 employees, Female Associate professor with 40 employees, and Male Assistant professor with 37 employees.

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

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