undergradly.
Private College

Mercy College
of Ohio

Private College in Toledo, OH. Six-year graduation rate 60%. Median 10-year earnings $65,409.

Verdict Solid outcomes
Mercy College of Ohio · Campus
Median earnings · 10 yr
$65,409
Median debt at grad
$20,834
Graduation rate
60%
Federal loan default
0%

Students who entered Mercy College of Ohio reach a median of $65,409 ten years later, which puts this school in the upper band of undergraduate earnings outcomes. Six-year completion sits at 60%, near the national average for undergraduate institutions. Graduates carry a median of $20,834 in debt — in line with the national norm.

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

Green Flags
  • ✓ Debt-to-income ratio 0.32 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
93%
Applicants
236
Yield rate
46.4%

With an acceptance rate of 93%, Mercy College of Ohio takes nearly everyone who applies. The applicant pool is small at 236, which makes year-over-year comparisons unreliable. A 46% yield rate puts this school in the upper range for admits who follow through. 18% of enrolled first-years submitted an SAT score. The bands below describe the middle half of that group, not of the class.

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 410–510 18 (18%)
SAT Math 380–500
ACT Composite 15–20 48 (47%)

IPEDS Admissions · 2024

Apply at Mercy College of Ohio →

Academics

Full-time retention
87%
Transfer-out rate
24%
Student:faculty
5:1

Six-year completion sits at 60%, meaning about two in five students who enroll leave without finishing. 87% of full-time first-years return for a second year — a healthy figure. That gap between coming back and finishing is where this school loses people — after the first year, not during it. 24% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. A 5:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$15,311
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
89%
degree- or certificate-seeking undergraduates
% receiving federal loans
47%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 933 degree- or certificate-seeking undergraduates

Net price lands at $15,311 a year on average, neither cheap nor punishing. Income makes less difference than usual: $19,867 at $0–30k, $19,735 at $110k+. Grant aid is widespread — 89% of students receive it, averaging $10,197. 47% of students take federal loans, a middling borrowing rate.

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
$11,104

IPEDS Student Financial Aid · 2023-24 · 33 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 $19,867
$30–48k $13,037
$48–75k $11,567
$75–110k $21,291
$110k+ $19,735

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 441 of these 933 students, totalling $3,359,133 — an average of $7,617 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$769/mo
1 bedroom
$820/mo
2 bedroom (whole unit)
$1,076/mo

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

Veterans & GI Bill

GI Bill students
14
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Mercy College of Ohio with peer institutions

How we evaluate Mercy College of Ohio

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