Mercyhurst University

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    2024 Undergraduate Tuition
    $42,840
    3.03% growth from 2023
    2024 Average Net Price
    $25,946
    After Financial Aid
    2024 Acceptance Rate
    81%
    3,567 Applicants
    2024 Enrolled Students
    2,632
    90% Full-Time
    2024 Graduation Rate
    64.5%
    421 Graduates

    About

    Mercyhurst University is a higher education institution located in Erie County, PA. In 2024, the most popular Bachelors Degree concentrations at Mercyhurst University were General Intelligence (59 degrees awarded), Computer & Information Systems Security (29 degrees), and General Biological Sciences (28 degrees).

    In 2024, 769 degrees were awarded across all undergraduate and graduate programs at Mercyhurst University. 59.4% of these degrees were awarded to women, and 40.6% awarded men. The most common race/ethnicity group of degree recipients was white (608 degrees), 19 times more than then the next closest race/ethnicity group, hispanic or latino (32 degrees).

    The median undergraduate tuition at Mercyhurst University is $42,840, which is $18,840 more than the national average for Masters Colleges and Universities ($24,000).

    Costs

    In 2024, the median undergraduate tuition at Mercyhurst University is $42,840, which is $18,840 more than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $25,946.

    In 2024, 93% of undergraduate students attending Mercyhurst University received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

    Tuition Costs

    $42,840
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Mercyhurst University was $42,840. The cost of tuition at Mercyhurst University is $18,840 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $25,946
    2024 Value
    3.77%
    1 Year Growth

    In 2024 Mercyhurst University had an average net price — the price paid after factoring in grants and loans — of $25,946. Between 2023 and 2024, the average net price of Mercyhurst University grew by 3.77%.

    This chart compares the average net price of Mercyhurst 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.

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    Other Student Expenses

    $12,762
    Room and Board
    $1,200
    Books and Supplies

    The average yearly cost of room and board at Mercyhurst University was of $12,762 in 2024. The cost of room and board increased by 1.71% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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

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    Financial Aid by Income Level

    93%
    Undergraduates Receiving Financial Aid through Grants
    65%
    Undergraduates Receiving Financial Aid through Loans

    93% of undergraduate students at Mercyhurst University received financial aid through grants or loans in 2024. This represents a decline of 1.06% with respect to 2023, when 94% of undergraduate students received financial aid.

    This chart compares the average award discount at Mercyhurst 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.

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    Admissions

    Mercyhurst University received 3,567 undergraduate applications in 2024, which represents a 1.91% annual growth. Out of those 3,567 applicants, 2,890 students were accepted for enrollment, representing a 81% acceptance rate.

    There were 2,632 students enrolled at Mercyhurst University in 2024.

    Mercyhurst University has an overall enrollment yield of 20.3%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    81%
    Acceptance Rate in 2024
    2,890
    Accepted Out of 3,567

    In 2024, the undergraduate acceptance rate of Mercyhurst University was 81% (2,890 admissions from 3,567 applications). This is lower than the acceptance rate of 2023, which was 83.2%. Between 2023 and 2024, the number of applicants grew by 1.91%, while admissions declined by 0.79%.

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

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    Enrollment

    Mercyhurst University had a total enrollment of 2,632 students in 2024. The full-time enrollment at Mercyhurst University is 2,368 students and the part-time enrollment is 264. This means that 90% of students enrolled at Mercyhurst University are enrolled full-time.

    The enrolled student population at Mercyhurst University, both undergraduate and graduate, is 71.5% White, 6.84% Black or African American, 5.24% Hispanic or Latino, 1.52% Asian, 0.342% American Indian or Alaska Native, 0.266% Native Hawaiian or Other Pacific Islanders, and 0.19% Two or More Races.

    Students enrolled at Mercyhurst University in full-time Undergraduate programs are most commonly White Female (42.7%), followed by White Male (31.5%) and Hispanic or Latino Female (3.37%). Students enrolled in full-time Graduate programs are most commonly White Female (47.9%), followed by White Male (28.2%) and Hispanic or Latino Female (3.38%).

    Full-Time vs Part-Time Enrollment

    90%
    Full-Time Enrollment

    The total enrollment at Mercyhurst University in 2024, both undergraduate and graduate, is 2,632 students. The full-time enrollment at Mercyhurst University is 2,368 and the part-time enrollment is 264. This means that 90% of students enrolled at Mercyhurst University are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

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    Retention Rate over Time

    80%
    2024 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 Mercyhurst University was 80%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mercyhurst University had a retention rate higher than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      1,881 enrolled students
    2. Black or African American
      180 enrolled students
    3. Hispanic or Latino
      138 enrolled students

    The enrolled student population at Mercyhurst University is 71.5% White, 6.84% Black or African American, 5.24% Hispanic or Latino, 1.52% Asian, 0.342% American Indian or Alaska Native, 0.266% Native Hawaiian or Other Pacific Islanders, and 0.19% Two or More Races. 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 213 students (8.09%) did not report their race.

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    Graduates

    In 2024, 145 more women than men received degrees from Mercyhurst University. The most common race/ethnicity group of degree recipients at Mercyhurst University is white (608 degrees awarded). There were 19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (32 degrees).

    The most common Bachelor's Degree concentration at Mercyhurst University is General Intelligence (59 degrees awarded), followed by Computer & Information Systems Security (29 degrees) and General Biological Sciences (28 degrees).

    In 2024,  the most specialized majors across all degree types at Mercyhurst University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (87 degrees awarded), Protective Services (87 degrees), and History (12 degrees).

    Common Jobs by Major

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mercyhurst University are Elementary & middle school teachers (1,644,026 people), Secondary school teachers (602,915 people), Physicians (427,660 people), Other managers (356,484 people), and Education administrators (318,963 people).

    The most specialized majors at Mercyhurst University in 2024 are Applied Sciences (87 degrees awarded), Protective Services (87 degrees), History (12 degrees), Visual & Performing Arts (43 degrees), and Education (73 degrees) (as of 2024).

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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 Mercyhurst University are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

    The most specialized majors at Mercyhurst University are Applied Sciences (87 degrees awarded), Protective Services (87 degrees), History (12 degrees), Visual & Performing Arts (43 degrees), and Education (73 degrees) (as of 2024).

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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 Mercyhurst University are Elementary & secondary schools (3,117,509 people), Colleges, universities & professional schools, including junior colleges (673,037 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (672,203 people), Justice, public order, & safety activities (424,501 people), and Computer Systems Design (247,556 people).

    The most specialized majors at Mercyhurst University are Applied Sciences (87 degrees awarded), Protective Services (87 degrees), History (12 degrees), Visual & Performing Arts (43 degrees), and Education (73 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mercyhurst University.
    Most Common (2024)
    6 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Mercyhurst University was Licensed Practical & Vocational Nurse Training with 6 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Mercyhurst University according to their major.

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    Sex Breakdown for Common Majors

    312
    Degrees Awarded to Men
    in 2024
    457
    Degrees Awarded to Women
    in 2024

    In 2024, 312 degrees were awarded to men at Mercyhurst University, which is 0.683 times less than the number of degrees awarded to females (457).

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

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    Most Common Male Majors

    In 2024, 50 degrees were awarded to men at Mercyhurst University in General Intelligence, which is 1.35 times more than the 37 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 42 degrees were awarded to men at Mercyhurst University in Registered Nursing, which is 5.25 times more than the 8 male recipients with that same degree.

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    Time to Complete

    61%
    100% Completion Time
    68%
    150% Completion Time

    In 2024, 61% of students graduating from Mercyhurst University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      608 degrees awarded
    2. Hispanic or Latino
      32 degrees awarded
    3. Black or African American
      30 degrees awarded

    The most common race/ethnicity at Mercyhurst University is white (608 degrees awarded). There were 19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (32 degrees).

    5.85% of degree recipients (45 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      489 degrees awarded
    2. White Female
      436 degrees awarded
    3. White Female
      426 degrees awarded

    The most common race/ethnicity and sex grouping at Mercyhurst University is white female (489 degrees awarded). There were 1.12 times more white female recipients than the next closest race/ethnicity group, white female (436 degrees).

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    Operations

    Mercyhurst University has an endowment valued at nearly $32.8M, as of the end of the 2024 fiscal year. The return on its endowment was of 6.49M (19.8%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Mercyhurst University had a total salary expenditure of 94.1M. Mercyhurst University employs 56 Assistant professors, 31 Associate professors and 24 Professors. Most academics at Mercyhurst University are Female Assistant professor (31), Male Assistant professor (25), and Male Associate professor (18).

    The most common positions for non-instructional staff at Mercyhurst University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 78 employees, Management, with 75 employees, and Office and Administrative Support with 32 employees.

    Endowment

    $32.8M
    2024 Endowment
    1.75%
    decline from 2023

    Mercyhurst University has an endowment valued at about $32.8M, as of the end of the 2024 fiscal year. The endowment of Mercyhurst University declined 1.75% from the previous year. The value of their endowment was $13M 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 Mercyhurst 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.

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    Government Grants and Contracts

    Grants & Contracts
    1. $16.8M - Federal
    2. $930k - State
    3. $557k - Local

    As of 2024, Mercyhurst University received $16.8M in grants and contracts from the federal government, $930k from state grants and contracts, and $557k from local grants and contracts.

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    Salary Expenditure

    $27.7M
    2024 Salaries
    3.47%
    decline from 2023

    In 2024, Mercyhurst University paid a median of $27.7M in salaries, which represents 29.4% of their overall expenditure ($94.1M) and a 3.47% decline from the previous year. This is compared to a 0.706% decline between 2022 and 2023, and a 2.21% decline between 2021 and 2022.

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    Instructional Salaries

    $8.76M
    Instructional Salaries
    132
    Number of Employees

    In 2024, Mercyhurst University paid a total of $8.76M to 132 employees working as instructors, which represents 31.7% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Mercyhurst University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 78 employees, Management with 75 employees, and Office and Administrative Support with 32 employees.

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