Mount Mercy University

What the IPEDS & College Scorecard Data Shows for Mount Mercy University

Mount Mercy University operates as a private nonprofit institution located in Cedar Rapids, Iowa (city: midsize), with a total reported enrollment of 1,107 students of which 1,299 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. Mount Mercy University is categorized as “19” 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 82.5%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $20,168, with published in-state tuition of $40,878 and a Pell grant recipient share of 26.7%. Median federal student debt at graduation is $23,699, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 56.8%, and the first-year retention rate is 72.8%. Graduates earn a median of $60,787 ten years after enrolling, compared with $52,871 six years post-enrollment. Within three years of entering repayment, 88000.0% of borrowers are making progress on their federal loans, and 82.5% 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.