Tuition and Financial Aid

2009-2010 Tuition*:

Tuition per credit:

 

Undergraduate on-campus or on-line	$450
Entry-Level Master's: OT, PT, SLP	$450
Graduate : EDU**, OM, OT, NSG	$525

 

Specialized Certificate Programs

 

Undergraduate: DMS	$320
Graduate: Peds for OT & PT	$525
ESL	$340

 

Alumni Discount

1/3 off undergraduate tuition up to 11 credits per semester

1/3 off graduate tuition up to 6 credits per semester

 

**Teacher Scholarship Program:

Teachers in public and parochial schools, and those with active certifications are eligible for scholarship assistance in the Graduate Education Program. With this assistance, tuition is $340 per credit.

Charlotte W. Newcombe Foundation

Misericordia has received some grant funding for scholarships for mature women through the Charlotte W. Newcombe Foundation. Ask your Adult Education advisor if you may be eligible.
 

Applying for Financial Aid

To apply for all types of financial aid, students must complete the Free Application For Federal Student Aid (FAFSA). The application is available on line at  www.fafsa.ed.gov . To receive financial aid, including student loans, the following general requirements must be met.

Student must be:
A U.S. citizen or eligible noncitizen.
Be formally admitted to Misericordia University. (For information on admission to the college, please reference the Adult Education Resource Guide).
Be registered for at least 6 credits per semester for student loans.

After completing the FAFSA, your information will be transmitted electronically to our Financial Aid Office. This will happen approximately 3 to 4 weeks after you submitted the information. At that time, you will receive an outcome document called the Student Aid Report (SAR). You will be instructed to read through the information and make any necessary corrections. If no corrections are required, you do not need to return the SAR.

The SAR will also serve to inform you of Federal Pell grant eligibility and notify you if you are selected for Federal Verification. If selected for verification, you will need to provide our financial aid office with photocopies of federal tax returns, W-2 forms and a verification worksheet. The Financial Aid Director will request this information prior to processing your student loans or crediting grants to your account. Federal regulations prohibit the crediting of financial aid to your account until this process has been completed.

If you are transferring into Misericordia University and have already filed a FAFSA for the current year, you may call 1-800-4-FEDAID and add Misericordia University to your record. Our title IV school code is 003247. We can access your financial aid application in about 3 to 5 days.

By completing the FAFSA, you have also applied to your state of residence for grant assistance. Please note the State Grant Deadlines on the FAFSA. Applications submitted after the deadlines may not be considered. Pennsylvania's State Grant Program is administered by AES/PHEAA ( American Education Services/Pennsylvania Higher Education Assistance Agency). The deadline for consideration of Pennsylvania State Grant Assistance is May 1 preceding the academic year in question, i.e. May 1, 2009 for the 2009-10 academic year. After completing the FAFSA, you will receive a document from PHEAA called a status notice. You will be instructed to complete certain items and return it to the address listed.

If you are interested in Stafford Student Loans, you need to sign a Master Promissory Note and Loan Request Form. The Master Promissory Note can be completed online at www.aessuccess.org .  The loan request form is available in our Financial Aid Office by calling 570-674-6280 and requesting that it be mailed, faxed or emailed to you.

Once you have submitted all necessary information, your loan can be processed. You will be notified by mail when the college has certified your loan. The disclosure statement will include the amount certified and the disbursement dates. Student loan money can be used to cover tuition, fees, housing costs, books and supplies, in general any legitimate educational expense. If the amount of loan money received by the college is more than your tuition and fees the credit balance will be refunded to you. You may use student loan money to purchase a computer. However, Federal Regulations prohibit the use of student loan money to purchase a car or luxury items.

The FAFSA is renewable annually. You will need to file after January 1 of each year. Since the information reported on the FAFSA is always based on prior year income, you should notify the Financial Aid Office in writing of any special conditions such as recent separation/divorce, income reduction, medical/dental expenses not covered by insurance. Upon review, you will be notified in writing of any adjustments to your financial aid.

Please be aware that your financial aid may need to be adjusted after your initial award is determined based on certain changes. Changes in your course registration (i.e.: dropping./adding classes),  withdrawing from class, housing status and changes resulting from federal  verification most commonly result in grant increases/reductions and shifts from subsidized to unsubsidized Stafford loans. It is recommended you contact the financial aid office directly before you alter your course registration.