Mercyhurst University

www.mercyhurst.edu

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2023 Undergraduate Tuition
$41,580
2.59% growth from 2022
2023 Average Net Price
$26,962
After Financial Aid
2021 Default Rate
0%
on Student Loans

About

Mercyhurst University is a higher education institution located in Erie County, PA. N/A

In 2023, 847 degrees were awarded across all undergraduate and graduate programs at Mercyhurst University. 61.3% of these degrees were awarded to women, and 38.7% awarded men. The most common race/ethnicity group of degree recipients was white (679 degrees), 13.9 times more than then the next closest race/ethnicity group, black or african american (49 degrees).

The median undergraduate tuition at Mercyhurst University is $41,580, which is $17,005 more than the national average for Masters Colleges and Universities ($24,575).

In 2021 the default rate for borrower's at Mercyhurst University was 0%, corresponding to 0 out of the 1,010 total borrowers.

Masters Colleges & Universities: Medium ProgramsMasters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Mercyhurst University is $41,580, which is $17,005 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $26,962.

In 2023, 94% of undergraduate students attending Mercyhurst University received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$41,580
2023 Undergraduate Tuition

In 2023, the cost of tuition at Mercyhurst University was $41,580. The cost of tuition at Mercyhurst University is $17,005 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$26,962
2023 Value
8.13%
1 Year Growth

In 2023 Mercyhurst University had an average net price — the price paid after factoring in grants and loans — of $26,962. Between 2022 and 2023, the average net price of Mercyhurst University grew by 8.13%.

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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Financial Aid by Income Level

94%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Mercyhurst University received financial aid through grants or loans in 2023. This represents a decline of 1.05% with respect to 2022, when 95% 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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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.
0%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Mercyhurst University was 0%, which represents 0 out of the 1010 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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Enrollment

Mercyhurst University had a total enrollment of N/A students in N/A. The full-time enrollment at Mercyhurst University is N/A students and the part-time enrollment is N/A. This means that N/A% of students enrolled at Mercyhurst University are enrolled full-time.

The enrolled student population at Mercyhurst University, both undergraduate and graduate, is 72.8% White, 5.51% Black or African American, 4.87% Hispanic or Latino, 1.35% Asian, 0.6% Two or More Races, 0.337% American Indian or Alaska Native, and 0.075% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mercyhurst University in full-time Undergraduate programs are most commonly White Female (44.4%), followed by White Male (31.5%) and Hispanic or Latino Female (3.17%). Students enrolled in full-time Graduate programs are most commonly White Female (49.5%), followed by White Male (25.1%) and Black or African American Male (2.59%).

Retention Rate over Time

78%
2023 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 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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 (2023)
  1. White
    1,941 enrolled students
  2. Black or African American
    147 enrolled students
  3. Hispanic or Latino
    130 enrolled students

The enrolled student population at Mercyhurst University is 72.8% White, 5.51% Black or African American, 4.87% Hispanic or Latino, 1.35% Asian, 0.6% Two or More Races, 0.337% American Indian or Alaska Native, and 0.075% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 233 students (8.73%) did not report their race.

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Graduates

In 2023, 191 more women than men received degrees from Mercyhurst University. The most common race/ethnicity group of degree recipients at Mercyhurst University is white (679 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, black or african american (49 degrees).

Common Jobs by Major

N/A
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mercyhurst University are N/A.

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Highest Paying Jobs by Major

N/A
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 N/A

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Common Industries by Major

N/A
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 N/A.

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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.
N/A
Most Common (2023)
N/A degrees awarded

In 2023, the most common bachelors degree concentration at Mercyhurst University was N/A with N/A degrees awarded.

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

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Sex Breakdown for Common Majors

328
Degrees Awarded to Men
in 2023
519
Degrees Awarded to Women
in 2023

In 2023, 328 degrees were awarded to men at Mercyhurst University, which is 0.632 times less than the number of degrees awarded to females (519).

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

N/A

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Most Common Female Majors

N/A

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    679 degrees awarded
  2. Black or African American
    49 degrees awarded
  3. Hispanic or Latino
    33 degrees awarded

The most common race/ethnicity at Mercyhurst University is white (679 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, black or african american (49 degrees).

3.78% of degree recipients (32 students) did not report their race.

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Operations

Mercyhurst University has an endowment valued at nearly $33.4M, as of the end of the 2023 fiscal year. The return on its endowment was of 486k (1.45%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Mercyhurst University had a total salary expenditure of 93.2M. Mercyhurst University employs 54 Assistant professors, 31 Associate professors and 25 Professors. Most academics at Mercyhurst University are Female Assistant professor (28), Male Assistant professor (26), and Male Professor (19).

The most common positions for non-instructional staff at Mercyhurst University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 74 employees, Management, with 69 employees, and Office and Administrative Support with 29 employees.

Endowment

$33.4M
2023 Endowment
3.29%
decline from 2022

Mercyhurst University has an endowment valued at about $33.4M, as of the end of the 2023 fiscal year. The endowment of Mercyhurst University declined 3.29% from the previous year. The value of their endowment was $16.3M 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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Instructional Salaries

$8.8M
Instructional Salaries
131
Number of Employees

In 2023, Mercyhurst University paid a total of $8.8M to 131 employees working as instructors, which represents 30.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
54 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
74 Employees

In 2023, the most common positions for instructional staff at Mercyhurst University were Assistant professor with 54 employees, Associate professor with 31 employees, and Professor with 25 employees.

In 2023, the most common positions for non-instructional staff at Mercyhurst University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 74 employees, Management with 69 employees, and Office and Administrative Support with 29 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Assistant professor
  3. Male Professor

In 2023, the most common demographic for instructional staff at Mercyhurst University was Female Assistant professor with 28 employees, Male Assistant professor with 26 employees, and Male Professor with 19 employees.

This chart shows the sex split between each academic rank present at Mercyhurst University.

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