Payback
EarningsPlus
Economic score
Mount Mercy University is a private regional university located in Cedar Rapids, Iowa. Mount Mercy University is very inclusive in their admissions.
Return on educational investment at Mount Mercy University is in the bottom 50% of all ranked schools. The median student earns $50,047 10 years after enrolling, 12th in Iowa, and in the top 50% nationally. When adjusted for earning differences by major, Mount Mercy University bachelor students earn 3% less than the national average. Mount Mercy University is ranked 18th in Iowa.
Mount Mercy University’s median net annual cost of $22,668 and average years to graduate of 4.2 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Mount Mercy University sorted by number of graduates - Registered Nursing, Business and Commerce, Psychology, Social Work, Education, Business Administration - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$22,668
Average years to graduate
4.2
Accounting
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 2.33
Computer Science
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 3.23
Finance
Rank: #243
Economic score: 3.41
HR Management
Rank: #93
Economic score: 4.88
Marketing
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 6.96
Criminal Justice
Rank: #325
Economic score: 8.21
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 3 graduate programs at Mount Mercy University - Business Administration, Mental & Social Health Services, Registered Nursing - are shown below.
The average full-time graduate completes their degree in 4.2 years. 68% of all students graduate within 8 years including part-time students. The graduation rate at Mount Mercy University is 3% higher than the state average, and 10% above the average for all regional universities in the country.
At Mount Mercy University, Pell Grant recipients represent 38% of the measured graduating class, 3% higher than the national average of 35%. The average Pell Grant recipient at Mount Mercy University graduates within 4.2 years.
Mount Mercy University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Mount Mercy University’s economic mobility score of 13.78 is calculated by adjusting the 4.76 economic score of lower-income students by the 38% pell grant recipients within the student body. Mount Mercy University’s EMS of 13.78 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Mount Mercy University pays $22,668 a year, $28,250 less than the $50,918 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $22,668
Much of the gap between net price and sticker price is filled by institutional and government grants. At Mount Mercy University, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $22,668 on average to be covered by the student – be it through loans or out of pocket. In total, 77% of students take out loans, federal or private, at an average amount of $11,016. This is 23% more than the national average.
Federal grants
$8,519
Pell grants
$4,298
State grants
$5,279
Institutional grants
$20,522
Mount Mercy University offers 10 online bachelor programs, all of which are hybrid format. At the master’s level Mount Mercy University offers 13 programs, one of which is held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
23
Hybrid programs
22
Percentage of programs online
28%
Mount Mercy University's very inclusive admissions are indicated by their 81% acceptance rate. In 2021, the school had 1,278 applicants, of which 1,035 were admitted and 222 enrolled. Mount Mercy University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
While Mount Mercy University has a recommended testing policy, their average test scores are not made public.
Full time
62%
83%
Female
72%
59%
First time
29%
59%
In-state
72%
68%
1st generation
29%
35%
White
77%
52%
Black
9%
14%
Hispanic
1%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
10%
12%