Mercy College

https://www.mercy.edu

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2022 Undergraduate Tuition

$20,518

3% growth from 2021

2022 Average Net Price

$15,879

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

85.9%

7,891 Applicants

2022 Enrolled Students

8,615

68.6% Full-Time

2022 Graduation Rate

45.7%

411 Graduates

About

Mercy College is a higher education institution located in Westchester County, NY. In 2022, the most popular Bachelors Degree concentrations at Mercy College were Registered Nursing (330 degrees awarded), General Business Administration & Management (174 degrees), and General Psychology (144 degrees).

In 2022, 2,401 degrees were awarded across all undergraduate and graduate programs at Mercy College. 73.8% of these degrees were awarded to women, and 26.2% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (792 degrees), 1.22 times more than then the next closest race/ethnicity group, white (647 degrees).

The median undergraduate tuition at Mercy College is $20,518, which is $−3,478 less than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Mercy College was 0%, corresponding to 0 out of the 2752 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Mercy College is $20,518, which is $3,478 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $15,879.

In 2022, 71% of undergraduate students attending Mercy College received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Tuition Costs

$20,518

2022 Undergraduate Tuition

In 2022, the cost of tuition at Mercy College was $20,518. The cost of tuition at Mercy College is $−3,478 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$15,879

2022 Value

5.67%

1 Year Growth

In 2022 Mercy College had an average net price — the price paid after factoring in grants and loans — of $15,879. Between 2021 and 2022, the average net price of Mercy College grew by 5.67%.

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.

Other Student Expenses

$11,817

Room and Board

$1,676

Books and Supplies

The average yearly cost of room and board at Mercy College was of $11,817 in 2022. The cost of room and board increased by 0.922% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,676. The cost of books and supplies increased by 1.45% during the same period.

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

Financial Aid by Income Level

71%

Undergraduates Receiving Financial Aid through Grants

52%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Mercy College received financial aid through grants or loans in 2022. This represents a decline of 11.3% with respect to 2021, when 80% 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Mercy College was 0%, which represents 0 out of the 2752 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

Mercy College received 7,891 undergraduate applications in 2022, which represents a 21.9% annual growth. Out of those 7,891 applicants, 6,775 students were accepted for enrollment, representing a 85.9% acceptance rate.

There were 8,615 students enrolled at Mercy College in 2022.

Mercy College has an overall enrollment yield of 13.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.9%

Acceptance Rate in 2022

6,775

Accepted Out of 7,891

In 2022, the undergraduate acceptance rate of Mercy College was 85.9% (6,775 admissions from 7,891 applications). This is higher than the acceptance rate of 2021, which was 85.8%. Between 2021 and 2022, the number of applicants grew by 21.9%, while admissions grew by 22.1%.

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

Enrollment

Mercy College had a total enrollment of 8,615 students in 2022. The full-time enrollment at Mercy College is 5,911 students and the part-time enrollment is 2,704. This means that 68.6% of students enrolled at Mercy College are enrolled full-time.

The enrolled student population at Mercy College, both undergraduate and graduate, is 41.1% Hispanic or Latino, 23.4% Black or African American, 22.4% White, 5.55% Asian, 2.36% Two or More Races, 0.232% Native Hawaiian or Other Pacific Islanders, and 0.221% American Indian or Alaska Native.

Students enrolled at Mercy College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (34.9%), followed by Black or African American Female (17.4%) and Hispanic or Latino Male (13.1%). Students enrolled in full-time Graduate programs are most commonly White Female (25%), followed by Hispanic or Latino Female (24.3%) and Black or African American Female (13.6%).

Full-Time vs Part-Time Enrollment

68.6%

Full-Time Enrollment

The total enrollment at Mercy College in 2022, both undergraduate and graduate, is 8,615 students. The full-time enrollment at Mercy College is 5,911 and the part-time enrollment is 2,704. This means that 68.6% of students enrolled at Mercy College are enrolled full-time compared with 67.6% 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.

Retention Rate over Time

74%

2022 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 (73%), Mercy College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
3,537 enrolled students
Black or African American
2,020 enrolled students
White
1,926 enrolled students

The enrolled student population at Mercy College is 41.1% Hispanic or Latino, 23.4% Black or African American, 22.4% White, 5.55% Asian, 2.36% Two or More Races, 0.232% Native Hawaiian or Other Pacific Islanders, and 0.221% 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 51.2% White, 17.3% 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, 195 students (2.26%) did not report their race.

Graduates

In 2022, 1,143 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 (792 degrees awarded). There were 1.22 times more hispanic or latino recipients than the next closest race/ethnicity group, white (647 degrees).

The most common Bachelor's Degree concentration at Mercy College is Registered Nursing (330 degrees awarded), followed by General Business Administration & Management (174 degrees) and General Psychology (144 degrees).

In 2022, 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 (374 degrees awarded), Psychology (182 degrees), and Health (757 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 Mercy College are Elementary & middle school teachers (1,767,445 people), Registered nurses (1,504,864 people), Secondary school teachers (535,093 people), Education administrators (347,613 people), and Other managers (315,427 people).

The most specialized majors at Mercy College in 2022 are Education (374 degrees awarded), Psychology (182 degrees), Health (757 degrees), English (40 degrees), and Protective Services (101 degrees) (as of 2022).

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 Mercy College are Surgeons, Physicians, Photographic process workers & processing machine operators, Nurse anesthetists, and Cardiovascular technologists and technicians

The most specialized majors at Mercy College are Education (374 degrees awarded), Psychology (182 degrees), Health (757 degrees), English (40 degrees), and Protective Services (101 degrees) (as of 2022).

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 Mercy College are Elementary & secondary schools (3,389,388 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,795,619 people), Colleges, universities & professional schools, including junior colleges (620,912 people), Justice, public order, & safety activities (457,839 people), and Outpatient care centers (447,501 people).

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 (2022)

Registered Nursing
330 degrees awarded
General Business Administration & Management
174 degrees awarded
General Psychology
144 degrees awarded

In 2022, the most common bachelors degree concentration at Mercy College was Registered Nursing with 330 degrees awarded.

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

Sex Breakdown for Common Majors

629

Degrees Awarded to Men

in 2022

1,772

Degrees Awarded to Women

in 2022

In 2022, 629 degrees were awarded to men at Mercy College, which is 0.355 times less than the number of degrees awarded to females (1,772).

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

Most Common Male Majors

In 2022, 146 degrees were awarded to men at Mercy College in General Business Administration & Management, which is 0.88 times less than the 166 female recipients with that same degree.

Most Common Female Majors

In 2022, 280 degrees were awarded to men at Mercy College in Registered Nursing, which is 5.6 times more than the 50 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

48%

150% Completion Time

In 2022, 33% of students graduating from Mercy College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 50% 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.

Asian Female

Highest Graduation Rate (64.7%)

The student demographic with the highest graduation rate in 2022 at Mercy College is Female and Asian (64.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 4.87% of graduates (20 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Hispanic or Latino
792 degrees awarded
White
647 degrees awarded
Black or African American
595 degrees awarded

The most common race/ethnicity at Mercy College is hispanic or latino (792 degrees awarded). There were 1.22 times more hispanic or latino recipients than the next closest race/ethnicity group, white (647 degrees).

6.37% of degree recipients (153 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
602 degrees awarded
White Female
473 degrees awarded
Black or African American Female
458 degrees awarded

The most common race/ethnicity and sex grouping at Mercy College is hispanic or latino female (602 degrees awarded). There were 1.27 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (473 degrees).

Operations

Mercy College has an endowment valued at nearly $296M, as of the end of the 2022 fiscal year. The return on its endowment was of −24.2M (−8.17%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Mercy College had a total salary expenditure of 161M. Mercy College employs 112 Assistant professors, 68 Associate professors and 29 Professors. Most academics at Mercy College are Female Assistant professor (78), Female Associate professor (40), and Male Assistant professor (34).

The most common positions for non-instructional staff at Mercy College are: Management, with 174 employees, Office and Administrative Support, with 129 employees, and Business and Financial Operations with 60 employees.

Endowment

$296M

2022 Endowment

8.1%

decline from 2021

Mercy College has an endowment valued at about $296M, as of the end of the 2022 fiscal year. The endowment of Mercy College declined 8.1% from the previous year. The value of their endowment was $249M 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.

Salary Expenditure

$69.4M

2022 Salaries

6.01%

growth from 2021

In 2022, Mercy College paid a median of $69.4M in salaries, which represents 43.2% of their overall expenditure ($161M) and a 6.01% growth from the previous year. This is compared to a 6.4% decline between 2020 and 2021, and a 20% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$20.3M

Instructional Salaries

225

Number of Employees

In 2022, Mercy College paid a total of $20.3M to 225 employees working as instructors, which represents 29.3% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

112 Employees

Management

Most Common Non-Instructional Employee

174 Employees

In 2022, the most common positions for instructional staff at Mercy College were Assistant professor with 112 employees, Associate professor with 68 employees, and Professor with 29 employees.

In 2022, the most common positions for non-instructional staff at Mercy College were Management with 174 employees, Office and Administrative Support with 129 employees, and Business and Financial Operations with 60 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Female Associate professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Mercy College was Female Assistant professor with 78 employees, Female Associate professor with 40 employees, and Male Assistant professor with 34 employees.

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

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