FourYearCost

Mount Mercy University

Cedar Rapids, IAPrivate nonprofitRank 239 of 1,732Traditional rank 160 of 1,156

Avg freshman grant · 2022-23
$28,628
221 recipients
Avg grant, later years · 2022-23
$24,518
888 recipients
The drop
$4,111
14.4% of the freshman average

Freshman grant vs later years

Freshman year$28,628Later years$24,518

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$17,255
$30–48k$25,779
$48–75k$21,217
$75–110k$25,021
$110k+$25,996

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$37,606
Tuition and fees (in-state), 2023-24$39,070
Change$1,464 (+3.9%)
On-campus room and board, 2023-24$11,030

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$31,9982018-19$33,8622019-20$35,5062020-21$36,5402021-22$37,6062022-23$39,0702023-24

Published tuition and required fees, +22.1% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$25,3452020-21$24,0782021-22$23,9722022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years56%
Full-time freshman retention (return for year 2)70%
Freshmen receiving Pell Grants21%
Freshmen taking federal loans57%
Average federal loan (freshmen who borrow)$5,190
Aid drop one year earlier (2021-22)$5,309

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all IA colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Clarke University$27,219$1,826
Morningside University$27,043$1,198
Graceland University-Lamoni$30,218$4,575
Saint Ambrose University$26,559$3,672
Briar Cliff University$26,325$348

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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