Mount Mercy University

www.mtmercy.edu

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    2024 Undergraduate Tuition
    $39,878
    4.75% growth from 2023
    2024 Average Net Price
    $24,347
    After Financial Aid
    2024 Acceptance Rate
    82.5%
    1,041 Applicants
    2024 Enrolled Students
    1,417
    83.6% Full-Time
    2024 Graduation Rate
    57.7%
    138 Graduates

    About

    Mount Mercy University is a higher education institution located in Linn County, IA. In 2024, the most popular Bachelors Degree concentrations at Mount Mercy University were Registered Nursing (71 degrees awarded), Elementary Education & Teaching (33 degrees), and General Marketing & Marketing Management (28 degrees).

    In 2024, 489 degrees were awarded across all undergraduate and graduate programs at Mount Mercy University. 67.9% of these degrees were awarded to women, and 32.1% awarded men. The most common race/ethnicity group of degree recipients was white (363 degrees), 6.37 times more than then the next closest race/ethnicity group, two or more races (57 degrees).

    The median undergraduate tuition at Mount Mercy University is $39,878, which is $15,878 more than the national average for Masters Colleges and Universities ($24,000).

    Masters Colleges & Universities: Medium ProgramsMasters Colleges and Universities

    Costs

    In 2024, the median undergraduate tuition at Mount Mercy University is $39,878, which is $15,878 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 $24,347.

    In 2024, 86% of undergraduate students attending Mount Mercy University received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

    Tuition Costs

    $39,878
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Mount Mercy University was $39,878. The cost of tuition at Mount Mercy University is $15,878 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $24,347
    2024 Value
    1.56%
    1 Year Growth

    In 2024 Mount Mercy University had an average net price — the price paid after factoring in grants and loans — of $24,347. Between 2023 and 2024, the average net price of Mount Mercy University grew by 1.56%.

    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.

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    Other Student Expenses

    $10,515
    Room and Board
    $1,200
    Books and Supplies

    The average yearly cost of room and board at Mount Mercy University was of $10,515 in 2024. The cost of room and board increased by 12.2% 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 decreased by 9.09% during the same period.

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

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    Financial Aid by Income Level

    86%
    Undergraduates Receiving Financial Aid through Grants
    53%
    Undergraduates Receiving Financial Aid through Loans

    86% of undergraduate students at Mount Mercy University received financial aid through grants or loans in 2024. This represents a decline of 1.15% with respect to 2023, when 87% 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.

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    Admissions

    Mount Mercy University received 1,041 undergraduate applications in 2024, which represents a 27.5% annual growth. Out of those 1,041 applicants, 859 students were accepted for enrollment, representing a 82.5% acceptance rate.

    There were 1,417 students enrolled at Mount Mercy University in 2024. 1% of first-time enrollees submitted SAT scores with their applications.

    Mount Mercy University has an overall enrollment yield of 27.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    82.5%
    Acceptance Rate in 2024
    859
    Accepted Out of 1,041

    In 2024, the undergraduate acceptance rate of Mount Mercy University was 82.5% (859 admissions from 1,041 applications). This is higher than the acceptance rate of 2023, which was 78.8%. Between 2023 and 2024, the number of applicants declined by 27.5%, while admissions declined by 24%.

    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.

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    SAT Scores

    1%
    Submission Percentage (2024)
    3
    Scores Submitted (2024)

    1% of enrolled first-time students at Mount Mercy University in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    Mount Mercy University had a total enrollment of 1,417 students in 2024. The full-time enrollment at Mount Mercy University is 1,185 students and the part-time enrollment is 232. This means that 83.6% of students enrolled at Mount Mercy University are enrolled full-time.

    The enrolled student population at Mount Mercy University, both undergraduate and graduate, is 53.5% White, 13.3% Two or More Races, 7.55% Hispanic or Latino, 5.36% Black or African American, 1.98% Asian, 0.282% American Indian or Alaska Native, and 0.0706% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Mount Mercy University in full-time Undergraduate programs are most commonly White Female (41.3%), followed by White Male (19.1%) and Two or More Races Female (6.58%). Students enrolled in full-time Graduate programs are most commonly White Female (50.9%), followed by Two or More Races Female (17.8%) and White Male (14.3%).

    Full-Time vs Part-Time Enrollment

    83.6%
    Full-Time Enrollment

    The total enrollment at Mount Mercy University in 2024, both undergraduate and graduate, is 1,417 students. The full-time enrollment at Mount Mercy University is 1,185 and the part-time enrollment is 232. This means that 83.6% of students enrolled at Mount Mercy 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 Mount Mercy University (in red) compares to similar universities.

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    Retention Rate over Time

    73%
    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 Mount Mercy University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mount Mercy University had a retention rate approximately the same as its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      758 enrolled students
    2. Two or More Races
      189 enrolled students
    3. Hispanic or Latino
      107 enrolled students

    The enrolled student population at Mount Mercy University is 53.5% White, 13.3% Two or More Races, 7.55% Hispanic or Latino, 5.36% Black or African American, 1.98% Asian, 0.282% American Indian or Alaska Native, and 0.0706% 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 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, 97 students (6.85%) did not report their race.

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    Graduates

    In 2024, 175 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 (363 degrees awarded). There were 6.37 times more white recipients than the next closest race/ethnicity group, two or more races (57 degrees).

    The most common Bachelor's Degree concentration at Mount Mercy University is Registered Nursing (71 degrees awarded), followed by Elementary Education & Teaching (33 degrees) and General Marketing & Marketing Management (28 degrees).

    In 2024,  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 (178 degrees awarded), Education (56 degrees), and Health (147 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 (1,706,006 people), Registered nurses (1,645,072 people), Accountants & auditors (1,063,137 people), Other managers (922,037 people), and Secondary school teachers (578,802 people).

    The most specialized majors at Mount Mercy University in 2024 are Business (178 degrees awarded), Education (56 degrees), Health (147 degrees), Parks, Recreation, & Leisure (8 degrees), and Protective Services (15 degrees) (as of 2024).

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    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, Nuclear medicine technologists and medical dosimetrists, Photographic process workers & processing machine operators, and Nurse anesthetists

    The most specialized majors at Mount Mercy University are Business (178 degrees awarded), Education (56 degrees), Health (147 degrees), Parks, Recreation, & Leisure (8 degrees), and Protective Services (15 degrees) (as of 2024).

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    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 (3,437,321 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,096,293 people), Colleges, universities & professional schools, including junior colleges (720,728 people), Computer Systems Design (659,961 people), and Justice, public order, & safety activities (562,369 people).

    The most specialized majors at Mount Mercy University are Business (178 degrees awarded), Education (56 degrees), Health (147 degrees), Parks, Recreation, & Leisure (8 degrees), and Protective Services (15 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 Mount Mercy University.
    Most Common (2024)
    1. Registered Nursing
      71 degrees awarded
    2. Elementary Education & Teaching
      33 degrees awarded
    3. General Marketing & Marketing Management
      28 degrees awarded

    In 2024, the most common bachelors degree concentration at Mount Mercy University was Registered Nursing with 71 degrees awarded.

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

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    Sex Breakdown for Common Majors

    157
    Degrees Awarded to Men
    in 2024
    332
    Degrees Awarded to Women
    in 2024

    In 2024, 157 degrees were awarded to men at Mount Mercy University, which is 0.473 times less than the number of degrees awarded to females (332).

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

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    Most Common Male Majors

    In 2024, 31 degrees were awarded to men at Mount Mercy University in General Business Administration & Management, which is 1.24 times more than the 25 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 66 degrees were awarded to men at Mount Mercy University in Registered Nursing, which is 13.2 times more than the 5 male recipients with that same degree.

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    Time to Complete

    49%
    100% Completion Time
    57%
    150% Completion Time

    In 2024, 49% of students graduating from Mount Mercy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 58% 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
      363 degrees awarded
    2. Two or More Races
      57 degrees awarded
    3. Black or African American
      18 degrees awarded

    The most common race/ethnicity at Mount Mercy University is white (363 degrees awarded). There were 6.37 times more white recipients than the next closest race/ethnicity group, two or more races (57 degrees).

    2.66% of degree recipients (13 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      407 degrees awarded
    2. White Female
      377 degrees awarded
    3. White Female
      366 degrees awarded

    The most common race/ethnicity and sex grouping at Mount Mercy University is white female (407 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (377 degrees).

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    Operations

    Mount Mercy University has an endowment valued at nearly $43.9M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.39M (9.99%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Mount Mercy University had a total salary expenditure of 33.2M. Mount Mercy University employs 30 Assistant professors, 18 Associate professors and 15 Professors. Most academics at Mount Mercy University are Female Assistant professor (19), Male Assistant professor (11), and Female Associate professor (10).

    The most common positions for non-instructional staff at Mount Mercy University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 37 employees, Service, with 26 employees, and Business and Financial Operations with 25 employees.

    Endowment

    $43.9M
    2024 Endowment
    12.1%
    growth from 2023

    Mount Mercy University has an endowment valued at about $43.9M, as of the end of the 2024 fiscal year. The endowment of Mount Mercy University grew 12.1% from the previous year. The value of their endowment was $1.97M 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.

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    Salary Expenditure

    $15.4M
    2024 Salaries
    2.98%
    decline from 2023

    In 2024, Mount Mercy University paid a median of $15.4M in salaries, which represents 46.5% of their overall expenditure ($33.2M) and a 2.98% decline from the previous year. This is compared to a 0.868% growth between 2022 and 2023, and a 3.66% growth between 2021 and 2022.

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    Instructional Salaries

    $4.07M
    Instructional Salaries
    64
    Number of Employees

    In 2024, Mount Mercy University paid a total of $4.07M to 64 employees working as instructors, which represents 26.4% 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 Mount Mercy University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees, Service with 26 employees, and Business and Financial Operations with 25 employees.

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