Cost of Attendance
Mount Mercy University is known for offering a wide range of undergraduate, postgraduate, and doctoral programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at MMU is quite moderate. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $33,862, which includes the total tuition fees and other expenses. The housing costs $9,915, books and supplies cost $1,320, while the other expenses add up to $5,172.
As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $33,862. Apart from that, they should also pay an average amount of $1,320 toward books and supplies, $8,010 for room and boarding charges, and $5,172 toward other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $48,364 per year.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net cost of attending Mount Mercy University – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At MMU, the average net price is estimated to be around $20,977. For students with a family income below $30,000, the estimated net price is $13,992, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $15,098. Meanwhile, the net price stands at $20,957 for the $48,001-$75,000 income bracket and at $24,649 for an income between $75,001 and $110,000. This amount adds up to $26,377 for students whose annual family income is more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Mount Mercy University
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $91,416
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Mount Mercy University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $33,862 in a year. Alongside that, they will likewise need to shell out around $8,010 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $48,364.
As for the students looking to enroll in postgraduate programs at MMU, the tuition and fees they are charged add up to $10,366 per year. This sum includes their graduate tuition of $10,296 and the graduation fees of $70 as well.
The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Mount Mercy University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $172 and the undergraduate cost per credit hour at $260. At present, Mount Mercy University also offers various online programs to students across as many as 70 different majors.
Now, coming to the lodging and related expenses at MMU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $13,695 per year, while students have to pay $12,670 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $9,915 per year, while the amount charged for off-campus candidates stands at $6,106. On the other hand, the charges toward books and supplies come to around $1,320. The other expenses that students should plan for come to around $3,780 for on-campus candidates and $6,564 for the candidates who live off-campus.
Housing & Other Expenses
Room & Boards
Book & Supplies
Mount Mercy University offers 8 online programs
The current projected cost of attending a four-year graduate course, along with the living expenses, at Mount Mercy University is around $244,090 as per official data. For undergraduate students, the total expenses added up to $20,977 in 2018-2019, $20,704 in 2017-2018, and $22,429 in 2016-2017.
Master of Business Administration
Master of Business Administration - Human Resources
Cost per credit: $ 630
Bachelor of Business Administration
Bachelor of Business Administration - Management
Total Cost : $ 61500
Cost per credit: $ 500
Total Credits: 123
Transferable Credits: 63
Bachelor of Business Administration in Human Resource Management
Bachelor of Business Administration - Business
Master of Business Administration - Quality Management
Bachelor of Science
Bachelor of Science in Nursing - (RN to BSN)
Master of Arts
Master of Arts in Criminal Justice
Total Cost : $ 16500
Total Credits: 33
Transferable Credits: 9
Bachelor of Science in Healthcare Administration
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