Gwynedd Mercy University

What it reported doing in 2024

Financial aid - to students - gwynedd mercy university provides access to higher education for a diverse group of students, including those with high financial need. In fiscal 2024-2025, 100% of full-time, first-time traditional degree-seeking undergraduate students received some form of financial aid. To further provide students access to a great education at an affordable cost, gwynedd mercy university offers many scholarships and grants. Known as "gift assistance," these scholarships and grants do not need to be repaid, and generally are renewable for an additional three years for first-year undergraduate students and two years for transfer undergraduate students. Undergraduate tuition is set for the academic year based on academic programs. Students also are charged a comprehensive fee, which contributes toward the costs of providing computer/technology access, activities, use of facilities, and other resources and services generally available to all students. Graduate and accelerated program tuition is billed per credit hour and the administrative costs of a student's education are covered through program fees. Full-time traditional undergraduate students receive award letters detailing any aid for which they are eligible. Gmercyu's aid packages account for tuition, fees, room, board, books, supplies, transportation, and miscellaneous expenses. A typical aid package includes grants or scholarships, a low-interest student loan, and campus employment (up to 15 hours per week). Undergraduates will likely receive the same amount all four years as long as they submit the fafsa annually, continue to meet all conditions of the award, and their need remains essentially unchanged.

Financial Efficiency

• Mission deployment rate: 77%; rating input score 77
• Program expense ratio: 81.4%; rating input score 81
• Fundraising efficiency: $9.76 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 50th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 95%; rating input score 95; 47th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.5%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 2.24; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 59; 59th percentile among comparable filings
• Officer compensation ratio: 4.2%; rating input score 24; 24th percentile among comparable filings

Growth

• Program expense growth: 1.3% per year; rating input score 100; 12th percentile among comparable filings
• Revenue growth: 2.5% per year; rating input score 100; 17th percentile among comparable filings
• Asset growth: 3.4% per year; rating input score 100; 23rd percentile among comparable filings