Understanding Gwynedd Mercy University Tuition and Fees

For prospective students and their families, understanding the costs associated with higher education is crucial. Gwynedd Mercy University (GMercyU) offers various programs and has a comprehensive fee structure. This article breaks down the tuition, fees, financial aid options, and other related costs at GMercyU.

Tuition Costs

Gwynedd Mercy University's tuition is $41,960, while the median undergraduate tuition is $37,825. Compared with the national average cost of tuition of $47,097, Gwynedd Mercy University is cheaper. In 2023, the cost of tuition at Gwynedd Mercy University was $37,825. The cost of tuition at Gwynedd Mercy University is $13,250 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575). These figures include both tuition and fees, also referred to as the sticker price. As you’re comparing costs of different institutions, also consider the total cost and the net price.

Factors Influencing Tuition

Several factors contribute to the overall cost of tuition at GMercyU. These include:

Academic Programs: Different programs may have varying tuition rates based on their resources and structure.
Full-time vs. Part-time Enrollment: Tuition costs differ based on enrollment status. In 2023, full-time enrollment at Gwynedd Mercy University is 1,718 students and the part-time enrollment is 447. This means that 79.4% of students enrolled at Gwynedd Mercy University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.
Year of Study: Upper-level courses or programs may have different associated costs.

Additional Fees

Beyond the base tuition, students should be aware of additional fees that contribute to the overall cost of attendance.

Graduation Fee

The graduation fee covers a portion of the costs associated with the University commencement events, including the cost of diploma printing, maintaining your academic records indefinitely, regalia, and all other administrative processes related to graduation. The graduation fee is payable in the semester the graduation application is completed. The fee must be paid by all graduating students whether or not you choose to participate in the commencement ceremony.

Read also: Accessing the GMercyU Portal

Program-Related Fees

The OT Program Fee, for example, includes the Pennsylvania Occupational Therapy Association Fee, American Occupational Therapy Association Fee, and other program-related fees. This tuition is paid to the student's affiliate hospital and other fees may apply.

Other Student Expenses

Other costs include books and supplies, personal expenses, and transportation. At Gwynedd Mercy University, the total cost is $60,369. The average yearly cost of room and board at Gwynedd Mercy University was of $11,604 in 2023. The cost of room and board increased by 5.07% between 2022 and 2023. During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies increased by 15.4% during the same period.

Mandatory Charges

The 100 Block plan is only available to Third, Fourth- and Fifth-year resident students or ALL commuter students and is a mandatory charge for all Commuter Students.

Financial Aid Opportunities

Gwynedd Mercy University provides various financial aid options to help students manage the costs of education. Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Types of Aid Available

Grants: Grants are need-based and do not need to be repaid.
Scholarships: Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation. The average need-based scholarship or grant awarded to first-year students at Gwynedd Mercy University was $27,637. Additionally, 83% of first-year students received need-based financial aid in fall 2023. The average non-need-based scholarship or grant awarded to first-year students at Gwynedd Mercy University - excluding any athletic scholarships, if applicable - was $24,014.
Loans: Loans must be paid back. The typical amount of loans a student must pay back is $42,151.
Work-Study: Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job.

Financial Aid Statistics

79.23% of students receive financial aid. In 2023, 76% of undergraduate students attending Gwynedd Mercy University received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans. The average aid package is $30,538. Gwynedd Mercy University met 68% of its students’ financial aid need. The average need-based scholarship or grant awarded to first-year students at Gwynedd Mercy University was $27,637. Additionally, 83% of first-year students received need-based financial aid in fall 2023. The average need-based self-help aid awarded to first-year students was $5,409.

Application Deadlines

The last day to apply for financial aid or turn in related paperwork is May 1. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.

Net Price

In 2023 Gwynedd Mercy University had an average net price - the price paid after factoring in grants and loans - of $26,733. Between 2022 and 2023, the average net price of Gwynedd Mercy University grew by 4.94%. Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies.

Student Loan Debt

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate. At Gwynedd Mercy University, the median federal loan debt among borrowers who completed their undergraduate degree is $25,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $265. Additionally, 31% of graduating students at Gwynedd Mercy University took out private loans. Students with private loans had an average of $47,416 in private loan debt at graduation. Average Total Indebtedness of 2024 Graduating Class is $42,151. 85% are graduating students who have borrowed (any loan type, 2024).

Student Loan Default Rate

In 2022 the default rate for borrower's at Gwynedd Mercy University was 0%, which represents 0 out of the 767 total borrowers.

Additional Considerations

Tuition Guarantee Plans

Tuition at time of first enrollment guaranteed only to students making advance payment

Tuition Insurance

GMercyU has partnered with GradGuard to offer students tuition insurance.

Refund Policy

Review Gwynedd Mercy University's Refund Policy for term programs here and for non-term programs here.

Enrollment and Graduation Statistics

Understanding enrollment and graduation statistics can provide insights into the university's student body and success rates.

Enrollment

Gwynedd Mercy University had a total enrollment of 2,165 students in 2023. The full-time enrollment at Gwynedd Mercy University is 1,718 students and the part-time enrollment is 447. This means that 79.4% of students enrolled at Gwynedd Mercy University are enrolled full-time. The enrolled student population at Gwynedd Mercy University, both undergraduate and graduate, is 55.3% White, 14.7% Black or African American, 6.84% Hispanic or Latino, 3.93% Asian, 1.94% Two or More Races, 0.185% American Indian or Alaska Native, and 0.139% Native Hawaiian or Other Pacific Islanders.

Acceptance Rate

In 2023, the undergraduate acceptance rate of Gwynedd Mercy University was 93.6% (1,040 admissions from 1,111 applications). This is higher than the acceptance rate of 2022, which was 58.4%. Between 2022 and 2023, the number of applicants grew by 4.52%, while admissions grew by 67.5%.

Graduation Rate

In 2023, 51% of students graduating from Gwynedd Mercy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% within 200%. The student demographic with the highest graduation rate in 2023 at Gwynedd Mercy University is Female and Hispanic or Latino (100% graduation rate).

Degrees Awarded

In 2023, 656 degrees were awarded across all undergraduate and graduate programs at Gwynedd Mercy University. 80.3% of these degrees were awarded to women, and 19.7% awarded men. The most common race/ethnicity group of degree recipients was white (432 degrees), 4.11 times more than then the next closest race/ethnicity group, black or african american (105 degrees). In 2023, the most common bachelors degree concentration at Gwynedd Mercy University was Registered Nursing with 214 degrees awarded.

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