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Private Research University

Mercer University

Private Research University in Macon, GA. Six-year graduation rate 70%. Median 10-year earnings $58,354.

Verdict Mixed outcomes
Mercer University · Campus
Median earnings · 10 yr
$58,354
Median debt at grad
$24,199
Mobility score
2.1
% bottom→top quintile
Graduation rate
69.6%
Federal loan default
0%

Ten years after entry, the median Mercer University student earns $58,354 — a solidly middle-of-the-pack result for an undergraduate institution. Completion is a strength: 70% of students finish within six years. Debt at graduation runs to a median of $24,199, neither a bargain nor a burden. It also moves people — 2.1% of students climb from the bottom fifth of the income distribution to the top.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
69%
Applicants
9,813
Yield rate
12.7%

Mercer University accepts 69% of applicants, which makes it accessible to most students who meet the baseline requirements. The applicant pool runs to 9,813, typical for a school of this reach. A 13% yield rate is low: the admitted pool is much larger than the entering class. Read the score bands below narrowly: only 40% of enrolled first-years submitted an SAT score, and test-optional applicants are not represented in them.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading 590–680 341 (40%)
SAT Math 570–670
ACT Composite 25–31 148 (17%)

IPEDS Admissions · 2024

Apply at Mercer University →

Academics

Full-time retention
82%
Transfer-out rate
16%
Student:faculty
11:1

A 70% six-year graduation rate is the strongest academic signal on this page. First-year retention of 82% shows the cohort holds together through the hardest year. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. 16% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. The part-time picture is harder: 56% return, against 82% full-time.

Financial Aid

Average net price
$24,364
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
97%
degree- or certificate-seeking undergraduates
% receiving federal loans
63%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 4,620 degree- or certificate-seeking undergraduates

Students pay an average of $24,364 annually once grants are applied. Net price varies modestly by income — $19,817 at $0–30k against $26,770 at $110k+ — so the average is a fair guide for most families. 97% of students get grant aid averaging $26,075, so the published price is a poor guide to what most pay. Most students borrow — 63% take federal loans to cover the gap.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
100%
Average grant
$33,808

IPEDS Student Financial Aid · 2023-24 · 1,014 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $19,817
$30–48k $21,484
$48–75k $22,533
$75–110k $25,184
$110k+ $26,770

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 2,919 of these 4,620 students, totalling $21,980,950 — an average of $7,530 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Bibb County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,085/mo
1 bedroom
$1,158/mo
2 bedroom (whole unit)
$1,307/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
243
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Mercer University with peer institutions

How we evaluate Mercer University

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →