Active Report Report ID: EDU-166850-2026

Merrimack College

North Andover, MA 01845

Acceptance rate70.02%Broad access
Tuition$53,962Published sticker
Avg. net price$37,927After aid
Graduation rate70.05%150% time
Median salary$75,58410yr post-entry

About Merrimack College

Merrimack College is a private research university in North Andover, Massachusetts, serving roughly 3,916 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 70.02% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $75,584 among students who received federal aid.

Key findings

  • Merrimack College charges about 1.8× the national private non-profit median tuition ($53,962).
  • Versus the Massachusetts median, sticker tuition is 58% above.
  • Completion within 150% of normal time is 70.05%.
  • Median earnings 10 years after entry are $75,584.

Research findings

01

Finding

Modeled return on investment at Merrimack College is strong.

Estimated ROI reaches about 398% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

02

Finding

Merrimack College awards credentials across a wide program mix.

IPEDS completions cover more than 87 distinct degree programs at this campus.

— Evidence from EDsmart Data analysis

Interpretation: Institutional averages blend very different fields; program-level completions and earnings matter more than the campus mean alone.

Limitation: Completions counts are not enrollment demand and do not measure program quality.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Merrimack College$53,962$37,9271
Private Non-profit (national median)$29,3251,444
Massachusetts (state median)$34,256$12,24493
Rural (locale median)$14,160$18,7001,649
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

Average net price is 30% below published tuition at Merrimack College

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • Merrimack College's average net price ($37,927) is 30% below published tuition ($53,962).
  • Merrimack College charges about 1.8× the national private non-profit median tuition ($53,962).
  • Versus the Massachusetts median, sticker tuition is 58% above.
Published sticker

Merrimack College tuition

Published undergraduate tuition $53,962

Finding Merrimack College charges about 1.8× the national private non-profit median tuition.

Evidence Published tuition is $53,962. That is about 1.8× the national private non-profit median ($29,325). Versus the Massachusetts median ($34,256), sticker tuition is 58% above. Versus the U.S. median ($11,900), sticker is about 4.5×.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at Merrimack College versus school-type, state, locale, and U.S. medians.

Evidence: average net price at Merrimack College versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Merrimack College is $37,927.

Evidence College Scorecard average net price is $37,927 (cost of attendance minus average grant aid for aided undergraduates). That is about $25,683 above the Massachusetts median net price. Versus rural campuses, net price runs $19,227 above the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway Merrimack College’s published tuition substantially overstates typical undergraduate cost: average net price is about 30% lower after grants and scholarships.

School guide

Merrimack College: research record

Canonical EDsmart Data findings for Merrimack College—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$53,962

Avg. net price

$37,927

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$31,710
$30,001–$48,000$29,417
$48,001–$75,000$31,962
$75,001–$110,000$36,045
$110,001+$41,050

Sticker tuition × four years (estimate, no room/board): $215,848. See cost investigation.

Student outcomes

First-year retention79.3%

Share of first-year students returning the following fall.

$54,316Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Admissions landscape

  • Broad access — most applicants are admitted.
  • Yield: 11% of admitted students enrolled.

See Admissions for the full funnel.

Is Merrimack College a good school?

Data-framed fit—not a prestige rating.

Merrimack College is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Strong completionEarnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Merrimack College.

Campus

Location

North Andover, MA

City / state

ZIP
01845
NCES locale
Rural fringe

Compared with Rural campuses nationally, net price is about 2.0× the median for Rural campuses ($18,700 median).

Control

Institution type

Private Non-profit

Control

Region
New England
Carnegie
Master's Colleges and Universities: Medium Programs

Size

Enrollment

3,916

Total enrollment

Undergraduate
4,390
Graduate
1,760
Full-time share
97%

Student aid

Debt & aid

$27,000

Median federal loan debt

Pell grant share
15.58%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$151,708Estimated 4-year total cost
$37,927Average annual net price (after aid)
$215,8484-year tuition
$21,525Room & board (annual, on-campus estimate)
$1,000Books & supplies (annual estimate)
$76,487Estimated annual sticker (tuition + room/board + books)
$305,948Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for Merrimack College.

Financial Aid by Income Level

15.58% Undergraduates receiving aid through grants
59.99% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Merrimack College was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Merrimack College in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$35,085$35,085$29,063
2014$36,215$36,215$28,773
2015$37,670$37,670$30,731
2016$38,825$38,825$32,742
2017$40,190$40,190$32,442
2018$41,760$41,760$33,230
2019$43,340$43,340$33,650
2020$45,074$45,074$34,367
2021$46,916$46,916$35,246
2022$49,196$49,196$36,195
2023$51,786$51,786$37,899

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

70.02%Acceptance rate
13,693Total applicants
10,079Students admitted
1,071First-time students enrolled
10.63%Yield (enrolled ÷ admitted)

This institution has a moderate acceptance rate, accepting most qualified applicants.

Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.

Test Scores

Test score data is not available for this institution.

Score distribution is not available for this institution.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA range is not available for this institution.

Student body

Enrollment & Student Demographics

Merrimack College reported total enrollment of about 3,916 students in the latest College Scorecard extract. The student body is about 46% male and 54% female. Enrollment by race and ethnicity includes White (74.5%), Hispanic or Latino (11.8%), and Black or African American (4.0%). About 15.58% of undergraduates receive Pell Grants. Roughly 20.7% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

97.4% Full-Time Enrollment

The total enrollment at Merrimack College in 2024 is 3,916 students.

Undergraduate enrollment is about 4,390 students. Graduate enrollment is about 1,760 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

79.3%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

74.5%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian74.5%
  • Hispanic or Latino11.8%
  • Black or African American4.0%
  • Two or More Races2.7%
  • Race/ethnicity unknown2.7%
  • Non-Resident Alien2.0%
  • Asian1.9%
  • American Indian or Alaska Native0.2%
  • Native Hawaiian or Other Pacific Islander0.1%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

63.01% 100% Completion Time

70.05% 150% Completion Time

In 2024, 63.01% of students graduating from Merrimack College completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Accounting: 57% male / 43% female
  • Business Administration and Management, General: 66% male / 34% female
  • Criminal Justice/Law Enforcement Administration: 44% male / 56% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

1,455White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian1,455
  • Hispanic or Latino142
  • Black or African American68
  • Asian43
  • Two or More Races43
  • American Indian or Alaska Native2
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Merrimack College graduates earn a median of $75,584 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Merrimack College.

Evidence Median earnings 10 years after entry: $75,584. Median federal loan debt: $27,000. Average net price used in cost models: $37,927.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Merrimack College graduates report median earnings of $75,584 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

398%Modeled return on investment
$27,000Median student debt
$75,584Median annual earnings (10 years)
35.72%Debt-to-earnings ratio
3.6 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Merrimack College.

Top Programs by Completions

Largest 10 programs by IPEDS completions (87 reported codes; aggregate/unknown CIP buckets excluded).

  1. Accounting 107
  2. Communication and Media Studies 72
  3. Information Science/Studies 65

IPEDS award counts for the largest programs at Merrimack College.

Employment Outcomes

$75,584Median earnings (10 years after entry)
$54,316Median earnings (6 years after entry)
$55,201Median earnings (8 years after entry)
7.90%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Merrimack College graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for Merrimack College—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$76.3M

End-of-year assets · Fiscal year 2023

Start of year: $65.7M

Year change: $10.5M

  • Massachusetts median 1.2× the median ($62.1M)
  • New England median 1.8× the median ($42.9M)
  • U.S. median 2.9× the median ($26.4M)

Per FTE: $13,513

  • Massachusetts median 0.45× the median ($30,011)
  • New England median 0.58× the median ($23,268)
  • U.S. median 1.1× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 43.6%
    • Massachusetts median 7.5 pp below median (51.1%)
    • New England median 9.6 pp below median (53.3%)
    • U.S. median 14.3 pp below median (58.0%)
  • Average faculty salary (monthly): $12,316
    • Massachusetts median 1.3× the median ($9,649)
    • New England median 1.3× the median ($9,262)
    • U.S. median 1.6× the median ($7,615)
  • Instructional expenditure per FTE: $8,809
    • Massachusetts median 0.79× the median ($11,192)
    • New England median 0.87× the median ($10,182)
    • U.S. median 1.2× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Merrimack College at a glance

Institution snapshot

Merrimack College

North Andover, MA 01845 · Private Non-profit · New England

Merrimack College is a private non-profit institution in North Andover, MA, classified as Master's Colleges and Universities: Medium Programs.

Tuition$53,962
Avg. net price$37,927
Enrollment3,916
Acceptance rate70.02%
Completion (150%)70.05%
Pell Grant share15.58%
Largest programs (IPEDS awards)
AccountingBusiness Administration and Management, GeneralCriminal Justice/Law Enforcement Administration
Largest enrollment groups
White or Caucasian74.5%
Hispanic or Latino11.8%
Black or African American4.0%
Nearby

Schools near Merrimack College

Other campuses in North Andover, MA when available, plus nearby institutions in Massachusetts.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade B) within Massachusetts, then by similar ownership and admissions.

Frequently Asked Questions

Where is Merrimack College located?

Merrimack College is located in North Andover, MA.

What is Merrimack College's acceptance rate?

The acceptance rate at Merrimack College is 70.0% among first-time degree-seeking students reporting admissions data. IPEDS reports 13,693 applicants and 10,079 admits in the latest admissions cycle in our extract.

What is Merrimack College's tuition?

Merrimack College tuition (published undergraduate sticker price) is $53,962 in the latest College Scorecard data. Average net price after grant aid is $37,927 for undergraduates receiving Title IV aid.

How much does Merrimack College cost?

Reported tuition is $53,962 and average net price is $37,927 in the latest College Scorecard data. On-campus room and board is estimated at $21,525 annually.

Why is Merrimack College's net price so much lower than tuition?

At Merrimack College, published tuition is $53,962 while average net price is $37,927—about 30% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.

What explains Merrimack College's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($37,927), completion (70.0% within 150% of normal time where reported), and median earnings ten years after entry ($75,584). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Merrimack College?

Merrimack College reports undergraduate enrollment of about 4,390 students, White (74.5%), Hispanic or Latino (11.8%) in federal College Scorecard data.

How many first-generation students attend Merrimack College?

About 20.7% of students at Merrimack College are first-generation college students.

What do graduates of Merrimack College earn?

Median earnings are $54,316 six years after entry and $75,584 ten years after entry.

What is the graduation rate at Merrimack College?

The 150%-time completion rate is 70.0% for the cohort reported to the College Scorecard.

How much debt do Merrimack College students have?

Median federal loan debt among completers is $27,000.

Is Merrimack College public or private?

Merrimack College is a private nonprofit institution located in North Andover, MA.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.