Mercy's tuition & fees has increased from $17,766 (2014) to $22,106 (2024), and the rate of tuition increase is 24.43% over the past 10 years. The graduate school tuition & fees has raised from $15,552 (year 2014) to $18,960 (year 2024).
Mercy's tuition increase rate is higher than the New York's average increase rate of 16.79%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 21.75% from 2014 ($34,858).
For the current academic year 2023-2024, Mercy's COA is $42,438, which is increased by 4.24% from last year.
The following table and chart show changes to Mercy's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 24.43% for the last 10 years , and the 2024 tuition & fees are $22,106. The following table and chart show the tuition & fees changes at Mercy University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,692, and it has increased 14.95% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,472 | - |
|---|
| 2015-16 | $1,492 | 1.36% |
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| 2016-17 | $1,524 | 2.14% |
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| 2017-18 | $1,556 | 2.10% |
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| 2018-19 | $1,588 | 2.06% |
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| 2019-20 | $1,620 | 2.02% |
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| 2020-21 | $1,652 | 1.98% |
|---|
| 2021-22 | $1,676 | 1.45% |
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| 2022-23 | $1,692 | 0.95% |
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| 2023-24 | $1,692 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 12.09% when a student lives on-campus facilities and 15.48% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Mercy University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $15,620 | $11,052 | - |
|---|
| 2015-16 | $16,680 | $11,206 | 6.79% |
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| 2016-17 | $16,532 | $11,444 | -0.89% |
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| 2017-18 | $16,996 | $11,684 | 2.81% |
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| 2018-19 | $17,570 | $11,918 | 3.38% |
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| 2019-20 | $17,654 | $12,206 | 0.48% |
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| 2020-21 | $17,942 | $12,390 | 1.63% |
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| 2021-22 | $17,970 | $12,634 | 0.16% |
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| 2022-23 | $17,662 | $13,120 | -1.71% |
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| 2023-24 | $18,640 | $13,580 | 5.54% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Mercy University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Mercy University | $22,106 | $21,358 | 3.50% |
|---|
|
| New York University | $60,438 | $58,168 | 3.90% |
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|
| Columbia University in the City of New York | $68,171 | $65,508 | 4.07% |
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|
| Cornell University | $66,014 | $63,200 | 4.45% |
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|
| Syracuse University | $63,061 | $60,135 | 4.87% |
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|
| St. John's University-New York | $49,911 | $47,360 | 5.39% |
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