Merrimack College

What the IPEDS & College Scorecard Data Shows for Merrimack College

Merrimack College operates as a private nonprofit institution located in North Andover, Massachusetts (suburb: large), with a total reported enrollment of 3,916 students of which 4,621 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Merrimack College is categorized as “18” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 70.0%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $37,927, with published in-state tuition of $53,962 and a Pell grant recipient share of 15.6%. Median federal student debt at graduation is $27,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 71.0%, and the first-year retention rate is 79.3%. Graduates earn a median of $75,584 ten years after enrolling, compared with $54,316 six years post-enrollment. Within three years of entering repayment, 95800.0% of borrowers are making progress on their federal loans, and 83.5% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.