Mercy High School Case Study
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What is financial aid? What are the different types of aid I can receive? Loans help you pay for tuition and other expenses, but must be repaid. Loans are backed by the Department of Education. The application can be completed entirely online — you and your parents will "sign" the application electronically by getting a PIN Personal Identification Number at fsaid. In addition to providing documentation for financial need FAFSA and other verification forms upon request , you must also:. Use the Net Price Calculator to estimate federal, state and institutional aid eligibility and better determine possible out-of-pocket costs for your college education.
Learn more about the latest costs of individual programs and see additional fees for different types of students. The Student Worker Program runs through the academic year. The majority of available positions are for students receiving Federal Work Study Funds through their financial aid package. The Office of Student Accounts is responsible for student billing and revenue collection. Student Accounts oversees monthly payment plans, discounts, deferred tuition payments, special programs, refunds, collection of past due student accounts and all departmental transactions.
All incoming students are automatically reviewed for scholarship eligibility, all you have to do is have a completed FAFSA on file. Click here to learn more. There are several options when it comes to loans, but the main ones are: Federal loans or Private loans. Click here to learn about loans. Mercy College makes applying for financial aid easy. It contains the information we need to prepare your individual financial aid package. Student Financial Services works with you to manage the financial aid process from application to enrollment. If additional information is required, the office will contact you. You can always come in to the Student Financial Services office and meet with your personal Student Financial Services counselor to ask questions and review your aid eligibility.
Mercy Connect makes applying for financial aid easy. You can access your personal data and update it. Be sure to check it monthly. Mercy Connect is accessible from home computers, school computer labs and kiosks located around the four campuses. For purposes of determining financial aid eligibility under Title IV of the Higher Education Act HEA of , all institutions, including Mercy College, must establish reasonable standards for measuring whether a student is maintaining satisfactory academic progress SAP. Effective July 1, , institutions must comply with the published regulations that impact SAP. Student Financial Services has implemented its satisfactory academic progress policy to comply with said regulations. Mercy College students who do not make satisfactory academic progress towards their degree will not be eligible for the following federal Title IV aid programs:.
In addition, students who do not meet satisfactory academic progress will not be eligible to receive institutional Mercy College-based grants and scholarships. NOTE: Students receiving academic scholarships must also meet the criteria outlined in the initial scholarship notification letter. Student Financial Services will review academic records annually after each spring term to monitor that students are making progress towards degree completion. Students are required to maintain qualitative and quantitative standards, and may not exceed the maximum time frame for their program. To maintain the qualitative standards of satisfactory academic progress, students must meet the cumulative GPA at the end of each academic year, as outlined in the charts below.
To quantify academic progress, students must successfully earn credits toward their degree greater than or equal to 67 percent of the credits attempted. The number of credit hours for which a student may receive federal financial aid may not exceed percent of the credit hours required to complete the academic program's published length. Students who are not making satisfactory academic progress towards their degree will immediately lose eligibility for future Title IV aid. Students will be notified of their ineligible status via electronic or postal mail from Student Financial Services.
Click here for a more detailed policy. Students who have unforeseen extenuating circumstances that prevented them from making SAP may submit an appeal in writing to the SAP Appeals Committee. Students are able to submit their appeal through MercyConnect. Click here for additional information on the appeals process. APTS Application.
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