Misericordia University has helped students and parents afford a superior college education. Through its participation in federal and state financial aid programs, use of institutional resources and contributions by alumni and friends, the Student Financial Services Office tries to meet, as fully as possible, each student's financial need.
The University is eligible to participate in a full range of financial aid programs through the U. S. Department of Education. University scholarship and grant programs can make a difference in your "bottom line" cost depending on family income and other factors, Federal, State, and University grant programs can have a significant impact on the amount you actually pay for a quality Misericordia education.
Scholarships and Grants
Presidential Scholarship/Trustee Scholarships - To demonstrate its commitment to academic excellence, the University awards financial assistance to incoming freshmen who have attained outstanding academic records. The annual scholarships are renewable until graduation, provided minimum grade point averages are maintained. The minimum averages required for retention of the award are outlined in the scholarship notification letter. Annual award amounts range from $3,000 to $18,000. Students are automatically given scholarship consideration at time of admission.
McAuley Award - Students with records of leadership, volunteerism and participation in extracurricular activities may qualify for annual awards ranging from $1,000 to $5,000. McAuley applications can be found at www.misericordia.edu/mcauley. Applications for this award must be received no later than one month from the date of your acceptance letter.
Mission Grant - Through its own fund raising effort, Misericordia University provides substantial financial assistance to needy students through Mission Awards. These awards help over 65 percent of Misericordia students meet their University costs. These awards are available to undergraduate full-time students with demonstrated financial need. Awards range from $900 - $6,000 yearly depending on need, available funds and other aid received by the student. Students who receive the Mission Award must maintain satisfactory academic progress and file the FAFSA form each year. Eligibility for this award must be determined each year.
Legacy Award - Incoming full-time freshmen who are the children or grandchildren of Misericordia University alumni will receive a $1,000 annual award.
Sibling Grant - A sibling discount of $1,000 per year is available when 2 or more eligible siblings are concurrently enrolled at the institution. Award is given to the eldest sibling.
Non Pennsylvania Resident grant - Out of state students who reside on campus are eligible for the non-Pennsylvania resident grant. This annual $1,000 award is renewable provided on campus residency and satisfactory academic progress are maintained.
Federal Pell Grant - This federal program provides grants depending on financial need and educational costs. Students who have not yet completed their first undergraduate degree may apply. Application is made by completing the "Free Application for Federal Student Aid."(FAFSA) All students who seek financial aid from Misericordia University are considered for this grant by filing the FAFSA. (www.fafsa.ed.gov)
Supplemental Educational Opportunity Grant - This federal program is available to undergraduate students with demonstrated financial need. Awards range from $400 to $500 yearly depending on need, available funds and other aid received by the student. Eligibility for these funds is automatically evaluated for all students who complete the FAFSA.
Teacher Education Assistance for College and Higher Education (TEACH) Grant - The TEACH Grant is a program designed for education majors enrolled in the high need fields of special education, mathematics, biology, chemistry and English as a second language. Incoming freshman applicants must have achieved a 3.25 high school grade point average. Current students must maintain a 3.25 grade point average. A TEACH Grant recipient must serve as a full-time teacher in a low-income school for at least four academic years within eight years after completing the course of study. Otherwise, the grant will convert to a Direct Unsubsidized Stafford Loan that must be repaid. The annual award is $4,000, with aggregates not to exceed $16,000 for undergraduates or $8,000 for graduate students.
Pennsylvania Higher Education Assistance Agency Grant (PHEAA) - This program allows PA residents to obtain financial assistance for undergraduate study. Eligibility and grant amounts are determined by PHEAA. Students apply directly for this grant by completing a FAFSA. The deadline for application is May 1 prior to the start of the academic year for which the aid is requested. PHEAA notifies students of their grant eligibility by email after which the student must go to www.pheaa.org and respond to the PHEAA state grant inquiry. For assistance call 1-800-692-7392.
Other State Grants - Some states provide grants to their residents which can be used at colleges in other states including PA. These include Ohio, Rhode Island, Connecticut, Massachusetts, West Virginia, Delaware, Washington D.C., and Vermont. Prospective students should contact their high school guidance office or their state higher education office to learn more about their state programs and to obtain applications.
Federal Workstudy - This federal financial aid program is for eligible undergraduate students with high financial need. Work-study allows student to earn money to cover a portion of educational expenses by working on campus, earning minimum wage. EARNINGS ARE PAID DIRECTLY TO STUDENTS, NOT CREDITED TOWARD PAYING THE SEMESTER BILL.
Part-time Jobs - Some part-time employment is available in the community for students. Students who are interested in part-time employment opportunities should inquire at the Insalaco Center for Career Development.
Transfer Agreements - Misericordia University has a formal transfer agreement with Luzerne County Community College, Lackawanna College and Keystone College and offers a special grant to full-time students transferring from these institutions. The grant is $1,000 per academic year.
Outside Scholarships - High school seniors should contact their school guidance counselors for local scholarship information.
Students can use web-based scholarship search services to apply for outside scholarships. These searches are free. Please use caution and never pay for a scholarship search. Two free scholarship search engines are:
Please contact the Misericordia University Admissions Office at 1-866-262-6363 for additional information and criteria. In addition to University scholarships, monies may be available from sources outside the University such as corporations, foundations, and civic organizations.
Please note that the maximum award for any combination of scholarships is $29,010 per year.
FULL TIME UNDERGRADUATE TUITION AND FEES
The following represents per year charges for the 2014-2015 academic year. Classes can be taken during the summer months at additional costs of $535.00 per credit.
All tuition and fees, with the exception of financial aid award amounts, are to be paid in full 10 days prior to the start of each semester/term. Interest is charged on unpaid balances.
|Regular Tuition (full-time, 12-17 credits) || $27,470.00 |
|General Fee ||$1,540.00 |
|Room Charges |
|Alumnae Hall ||$7,000.00 |
|McHale Hall ||$7,000.00 |
|McGowan Hall || |
|MacDowell Hall || |
|Gildea Hall ||$7.160.00 |
|111 Lake Street ||$7,280.00 |
|120 Lake Street ||$7,160.00 |
|179 Lake Street ||$8,080.00 |
|62 & 181 Lake Street ||$6,950.00 |
|Machell Avenue ||$7,170.00 |
|Townhouses ||$8,070.00 |
|Board Charges |
|265 plus 250 Cougar Points ||$5,350.00 |
|265 plus 200 Cougar Points ||$5,250.00 |
|265 plus 150 Cougar Points ||$5,150.00 |
|265 plus 100 Cougar Points* ||$5,050.00 |
220 plus 250 Cougar Points
220 plus 200 Cougar Points
220 plus 150 Cougar Points
220 plus 100 Cougar Points
|190 plus 250 Cougar Points ||$4,840.00 |
|190 plus 200 Cougar Points ||$4,740.00 |
|190 plus 150 Cougar Points ||$4,460.00 |
|190 plus 100 Cougar Points ||$4,540.00 |
|150 plus 250 Cougar Points ||$4,570.00 |
|150 plus 200 Cougar Points ||$4,470.00 |
|150 plus 150 Cougar Points ||$4,370.00 |
|150 plus 100 Cougar Points ||$4,270.00 |
|125 plus 250 Cougar Points ||$4,320.00 |
|125 plus 200 Cougar Points ||$4,220.00 |
|125 plus 150 Cougar Points ||$4,120.00 |
|125 plus 100 Cougar Points ||$4,020.00 |
| 75 plus 250 Cougar Points ||$3,100.00 |
| 75 plus 200 Cougar Points ||$3,000.00 |
| 75 plus 150 Cougar Points ||$2,900.00 |
75 plus 100 Cougar Points
|Regular Tuition (part-time, per credit) ||$535.00 |
Explanation of charges:
Full-time Undergraduate tuition listed is for 12 to 17 credits per semester. Students registered for 18 or more credits will be charged $535.00 per additional credit. All resident students must participate in a meal plan. Residents may choose from meal plans of meals per semester of 265, 220, 190, 150 or 125 meals. MacDowell Hall, Machell Hall, Lake Street Houses and Townhouse residents also have the option of a 75 meals per semester plan. The General fee and its related services help to promote and enhance the educational, recreational, social and cultural life of the student body.
Other payment options:
Misericordia University accepts VISA, MasterCard, and Discover credit cards for payment of tuition and fees. (a credit/debit card convenience fee of 2.5% will apply)
Pay online at www.misericordia.edu/payonline .
Fulltime students may arrange to pay all or part of their University costs in monthly installments. An annual fee is charged to cover the processing of payments. Students must be enrolled in the installment plan prior to the start of the academic year. The plan is managed by HigherOne. For additional information log on to tuitionpaymentplan.com/enroll or call 1-800-635-0120.