aâ€ˆword from the office of financial aid & scholarships
A quality, private education at Mount Aloysius College is within your reach! You might think that a private college is out of your price range, but youâ€™ll find that Mount Aloysius College (MAC) is surprisingly affordable. The cost of tuition, room and board at MAC is reasonable, and 94% of our students receive some form of financial aid. The Office of Financial Aid and Scholarships at MAC strives to offer all students the best available aid package. However, that process begins with you. The prompt completion of the Free Application for Federal Student Aid (FAFSA) each year is the first step you must take in starting the process. We encourage you to complete your form as soon as possible after January 1 and as soon as you have your Federal Income Tax Return filed for the year. All paperwork should be submitted by April 1. May 1 is the deadline for state grant in the Commonwealth of Pennsylvania. MAC offers a comprehensive program of academic-based scholarships and grants, part-time employment, loans and state/federal assistance. Again, we encourage you to file your financial aid forms early and as accurately as possible. Feel free to contact us by phone or email, or stop by the office if you have questions or concerns, or if you need help filling out your forms.
Together, we can achieve our goal of providing you with a quality, private education. The more you get to know us, the more you will want to join us!
admissions & financial aid timeline January/September Sophomore Year to Rising Senior Status
w Visit campus/attend an open house w Collect admissions facts and publications
w w w
Submit a Mount Aloysius College admissions application (Include SAT/ACT scores, transcripts, etc.) Submit SAT/ACT scores and QPA for pre-award estimate Attend an open house
w w w w
Receive letter of admissibility Receive pre-award information Student and parent (if applicable) should apply for PIN # at www.pin.ed.gov Early deposit deadline for Nursing and Health majors
Important Dates to Remember w January 1 - Submit your FAFSA after this date. w April 1 - Priority
deadline for FAFSA completion at MAC.
w May 1 - PHEAA State Grant deadline.
w Nursing and Health Studies majors encouraged to have applications in by January 1 w Nursing majors encouraged to pay deposits and commit to attend in the fall w Submit tax information and complete FAFSA form (Call the Office of Financial Aid and Scholarships if you need
w Mercy Presidential Scholarship deadline is February 15 w Vox Nova (Choir) reception (Scholarship Funded)
w w w w
Official financial aid award released Attend Accepted Student Day in March or re-visit MAC with your family Priority FAFSA deadline is April 1 If you are selected for verification please send the following: 1. Student’s Federal tax return transcript 2. Parent’s Federal tax return transcript (both if filing separately)
3. Completed verification worksheet
(Call the Office of Financial Aid and Scholarships with questions)
4. W-2’s w Pay tuition deposit by April 1 - Refundable until May 1 for students who deposit on time (This guarantees your place in the new class) w Housing is guaranteed until April 1
w w w w w
Receive final award letters Submit final transcripts Apply for student and alternative loans Bills available online Call Controller’s Office for assistance in determining bill or payment plans
Listed by U.S. News and World Report as having one of the lowest tuitions among private, four-year, comprehensive institutions in the Northeast. Ranked by U.S. News and World Report among the best Baccalaureate Colleges in the Northeast. Recognized by U.S. News and World Report for graduating students with the least amount of average debt in the Northeast.
Mount Aloysius offers the ACT!
application process To be considered for financial aid at Mount Aloysius College, you must be sure to complete and submit your Application for Admissions and your Free Application for Federal Student Aid (FAFSA). You do not have to be officially accepted to the College in order to submit your FAFSA application. However, we will not process any financial aid until you have been officially accepted and matriculated into a degree program. In the tradition of a Mercy institution, Mount Aloysius College recognizes the expense of a college education and strives to assist students in the financial aid process so they may receive the maximum financial aid package possible. The Financial Aid Office at Mount Aloysius College abides by the regulations and procedures set forth in the Financial Aid Handbook published by the United States Department of Education, as well as all other publications specifying set regulations. Students are packaged on a first come, first serve basis pending funds availability. Students are packaged without regard to sex, race, religion or
physical challenge. Athletic leadership, ability, participation or performance is not considered when awarding financial aid.
www.pin.ed.gov. Be sure to keep this PIN # as you will be required to use it in future years to electronically sign and access your application.
It is very important that you submit your FAFSA as early as possible after January 1 of each year. The FAFSA application is FREE to submit and must be submitted annually. You will need your federal tax returns, W-2’s and all information regarding any untaxed income, assets, investments and businesses in order to accurately complete the form. The Office of Financial Aid and Scholarships can provide you with a FAFSA Worksheet to complete before you file your form online or you can download one from the FAFSA website. You will file your FAFSA at www. fafsa.gov. Please read the directions carefully. You will be asked to provide the college Title IV code. Mount Aloysius College’s code is 003302. Print a copy of the finished FAFSA for your records before you officially submit the FAFSA online. We also recommend the student and parent (if applicable) request a PIN # first before filing the FAFSA. The PIN # is used to allow the student/parent to sign the application electronically. A PIN # can be requested at
Approximately two (2) weeks after you file the FAFSA form, you and Mount Aloysius College will be notified. It is to your advantage to review the information you reported to ensure all information is correct. The Office of Financial Aid and Scholarships also will review the information and notify you if any further information is needed to complete your file. Students may be selected for a process called “verification.” If you are selected, you will be required to submit certain documents to the Office of Financial Aid and Scholarships. These documents must be submitted before we will officially apply any aid to your tuition account, so please submit documents promptly.
federal aid programs Federal aid program eligibility is determined by the information submitted on the Free Application for Federal Student Aid (FAFSA). Eligibility for some federal aid programs may also be based on funding levels and the time when a student is packaged.
Federal Pell Grant
Award amounts are determined by using the results from the Free Application for Federal Student Aid (FAFSA). The amount the student is eligible for is directly related to the Expected Family Contribution (EFC) calculated by the federal government. These monies do not have to be repaid upon graduation.
Federal Supplemental Educational Opportunity Grant (FSEOG)
Award amounts are based on financial need and government funding levels. In order to receive a FSEOG, students must also be awarded a Federal Pell Grant. At Mount Aloysius, award amounts range between $200 and $2,000 per year. This amount may vary from year to year based upon funding levels and student eligibility. These monies do not have to be repaid upon graduation.
Federal Perkins Loan
Award amounts are based on financial need and government funding levels. At Mount Aloysius, award amounts range between $200 and $4,000 per year. Students awarded a Perkins Loan are required to complete an entrance interview every year they are awarded the loan and an exit interview upon graduation or withdrawal from the College. Repayment on the loan begins nine (9) months from the date the student ceases to be enrolled on at least a half-time basis. While in repayment, the student will be charged five (5) percent interest on the principal amount of the loan. These monies must be repaid upon graduation.
Award amounts are based on grade level, financial need and funding levels to full-time, undergraduate students in the Nursing program and range between $200 and $5,200 per year. Students awarded a Nursing Student Loan are required to complete an entrance interview every semester they are awarded a nursing loan and an exit interview upon graduation, withdrawal from the College or the Nursing Program, or upon dropping below six (6) credits. Repayment on the loan begins nine (9) months from the date the student ceases to be enrolled on at least a half-time basis.
While in repayment, the student will be charged five (5) percent interest on the principal amount of the loan. These monies must be repaid.
Federal Work-Study (FWS)
Award amounts are based on financial need and government funding levels. Award amounts range between $200 and $1,400 per year. Students select an office/department on-campus where they would like to work, complete the necessary paperwork and obtain the supervisorâ€™s signature. Students are paid minimum wage and are paid bi-weekly for all hours worked.
Federal Community Service Work-Study
In addition to jobs on-campus, Mount Aloysius College also sponsors several off-campus jobs. The jobs are located in community service-based non-profit organizations. Examples of such positions include local YMCA/ YWCA, America Reads and public libraries. Award amounts are based on financial need and government funding levels. Awards range between $200 and $1,400 per year. Students select an off-campus site where they would like to work, complete necessary paperwork and obtain the supervisorâ€™s signature. Students are paid minimum wage and are paid bi-weekly for all hours worked.
other aid programs There is a $17,000 cap in institutional aid for 2014/2015 academic year.
Mount Aloysius College Merit Scholarships and Merit Grants Each incoming studentâ€™s eligibility will be evaluated for a merit scholarship or grant based on high school GPA, SAT scores or college GPA. For more information, contact the Admissions Office. These scholarships and grants have a potential value of $2,000 to $8,000 per year. Pennsylvania State Grant (PHEAA) Application deadline date is May 1. State grant amounts are determined by the state of Pennsylvania and by the information provided on the FAFSA. PHEAA notifies students by letter regarding the annual amount awarded. This notification usually begins during the month of May. Students must be enrolled in a four- or two-year degree program and must be taking at least six (6) regular course credits.
Family Tuition Grant The Family Tuition Grant is a special grant awarded to siblings and/or parents who are attending Mount Aloysius College simultaneously. To be eligible for the grant, two (2) or more family members must be enrolled full-time during a given semester. The grant is also renewable each year as long as two (2) or more immediate family members continue to be enrolled full-time. Each enrolled family member is eligible for a tuition discount of $1,000 per year. Mercy Grant This special grant was established in 2008 to assist students in meeting tuition costs. It may be awarded to full-time students. Students are awarded a maximum of $1,000 per year.
Mount Aloysius College Residential Grant New full-time students (Freshmen, Returning Adults, Transfers and Readmits) residing on campus will receive $1,500 during their first year and $750 all other years. Mount Aloysius College Commuter Grant New full-time students (Freshmen, Returning Adults, Transfers and Readmits) commuting to college will receive $1,000 during their first year and $500 all other years. Saint Aloysius Grant A special scholarship awarded to out of state (non international) full-time freshman students. Each scholarship is valued at $1,500 per year.
scholarships Mercy Presidential Scholarship
Students are invited to participate in this program as they apply to college and meet the requirements. The Mercy Presidential Scholarship at Mount Aloysius College is designed to enhance and bring student leadership to the College. Candidates must demonstrate a solid academic record and a commitment to home, school and community. They must also possess leadership abilities, participate in extra-curricular activities, volunteer and be involved in community service projects. Requirements for this program are a minimum of 1100 old scale/1530 new SAT or 23 ACT and 3.3 QPA. Students must apply to a four-year program and live on-campus. Awards are given to approximately thirty (30) new first-year students each fall. The scholarship is worth $12,000 each academic year. Mercy Presidential Scholarship recipients are not eligible to receive a Mount Aloysius College Merit Grant or Scholarship. For more information or to apply, contact the Admissions Office. This scholarship has a potential value of $48,000. The deadline is February 15.
A special scholarship opportunity for students seeking a baccalaureate degree in Biology. Each scholarship is worth $4,000 over a four-year period. $1,000 per year Scholarship criteria: s Four-year, traditional freshman seeking Biology as a major s 1100 old scale/1530 new scale SAT or 23 ACT s 3.3 QPA
Additional Sources of Funding These are places you can contact to inquire about eligibility requirements: Job Training Partnership Act (JTPA) Office of Vocational Rehabilitation (OVR) Southern Alleghenies United Mine Workers Association (UMWA) s United Way s s s s
Mount Aloysius College offers scholarships to baccalaureate students seeking a degree in English and/or students wishing to write for the College newspaper, The Belltower. Each scholarship is valued at $4,000 over a four-year period ($1,000/ year). Scholarship criteria: s Four-year, traditional freshman seeking English as a major or students writing for the College newspaper s 1100 old scale/1530 new scale SAT or 23 ACT s 3.3 QPA
A special scholarship opportunity for graduates of Catholic high schools. Each scholarship is valued at $4,000 over a four-year period ($1,000/year). Scholarship criteria: s Traditional freshman s Graduate of any Catholic high school
Other Scholarship Searches Mount Aloysius College also recommends that students check out this website for additional scholarships available from groups, organizations, and companies throughout the United States: www.fastweb.com
At A Glance Total Enrollment: 2,500 (unduplicated headcount) Average Class Size: 18 Student/Faculty Ratio: 14:1 Faculty: More than 175 full-time professors/faculty members. Many hold the highest degree in their field. All classes are taught by professors, not graduate assistants.
History/Political Science Fellowship
Mount Aloysius College offers scholarships to baccalaureate students seeking a degree in History/Political Science. Each scholarship is valued at $4,000 over a four-year period ($1,000/year). Scholarship criteria: s Four-year, traditional freshman seeking History/Political Science as a major s 1100 old scale/1530 new scale SAT or 23 ACT s 3.3 QPA
Upon entering the College, students are invited to join the Honors Program based on their high school GPA, SAT/ACT scores, and high school participation and accomplishments. Students that show outstanding attributes during their freshman year are recommended by faculty and then invited to join the program. Each fellowship is valued at $1,000/year.
Mary Cypher Madden Scholarship
This special scholarship is awarded to qualified seniors from Catholic high schools. Based on available funding, up to three (3) scholarships will be awarded annually. There is an application process and the student must apply and be accepted to the College by the beginning of March. To apply for this scholarship, the student must submit a Mary Cypher Madden Scholarship application to the Office of Financial Aid and Scholarships by May 1. The student must be a current high school senior, have a minimum GPA of 3.0 and minimum 1000 old scale/1500 new scale SAT. The student must also apply for aid using the Free Application for Federal Student Aid (FAFSA), and provide evidence of service and leadership during high school. Preference given to students enrolling in a four-year baccalaureate degree program and living on campus.
A special scholarship opportunity offered to full-time students entering Mount Aloysius as a new traditional student. This scholarship of $1,000 a year is renewable. This scholarship may be awarded to students in any major, but preference will be given to students majoring in English. Only five (5) scholarships will be awarded each academic year. Scholarship criteria includes: s Complete an application with personal essay s Three (3) letters of recommendation s Schedule and complete the interview/audition process s Be passionate about being a part of Mount Aloysius theatre
Vox Nova (choir)
As a performer in this choral ensemble you will receive a Vox Nova performing stipend, a merit scholarship based on your academic record as an incoming student and college credits for participation while you are a full-time student at Mount Aloysius. Applicants to this program must complete an admissions application and a Vox Nova application, submit high school transcripts with a GPA of 3.0 or better submit three (3) letters of recommendation and successfully complete an audition.
UUndergraduate ndergraduate EExpenses xpenses
2013-2014 Academic Year Tuition, Rates and Fees Tuition/Fee Room/Board Comprehensive Fee
$19,328 $8,830 $940
Tuition and fees are established each May by the Board of Trustees for the following academic year.
other scholarship opportunities Mount Aloysius College is pleased to be able to offer numerous scholarship opportunities to our students. To apply for any of the scholarships listed below, you must:
1. 2. 3. 4.
Apply for federal and state grants using the Free Application for Federal Student Aid (FAFSA) Have financial need according to Financial Aid guidelines Meet criteria specified for each individual scholarship Complete and return the Endowed Scholarship Application with attachments to the Office of Financial Aid and Scholarships by the deadline date each year (usually the first Monday in May).The scholarship application can be found on the College’s website at:
mtaloy.edu/endowed_scholarships Anderson Family Scholarship H. A. “Barney” Barnhart Scholarship Benzel Family Scholarship Sister Virginia Bertschi Memorial Scholarship Mary G. Bionaz Nursing Scholarship Jack M. & Genevieve M. Calandra Scholarship Catholic Daughters of America Scholarship The Clearfield County Scholarship Fund For Mount Aloysius College Katherine Stroh Coakley Scholarship Bob Commers Memorial Scholarship Cresson Area Heritage Days Scholarship Damin Printing Scholarships Sister Mary deSales Farley Memorial Scholarship Martha Dillon Memorial Scholarship Sr. Mary Ann Dillon Scholarship Sister Camille Marie d’Invilliers Scholarship John Edward and Rebecca Jane Drenning Scholarship Theresa A. Fike Memorial Scholarship Leonard S. and Mary E. Fiore Scholarship Sister M. Urban Fox Memorial Scholarship Mechthild Franke Memorial Scholarship Rev. Demetrius A. Gallitzin Scholarship D. C. Goodman Memorial Scholarship Louis and Marcia Guzzi Scholarship Julie Riley Hale Memorial Scholarship Anna Marie Hanley Memorial Scholarship Sister Mary Ursula Hauk Memorial Scholarship Donald J. and Anne Shelly Hickey Memorial Scholarship Robert L. Hite Memorial Scholarship Sister Ruth Hollen Nursing Scholarship Sister Mary Assumpta Houllion Memorial Scholarship Sister M. Charlene Kelly Scholarship Alan and Regina Kiel Scholarship Sister M. Fides Kiel Scholarship Dr. M. Jayne Kimlin Memorial Scholarship Dr. Marian L. Kirsch Memorial Scholarship Dr. Elisabeth Kübler-Ross Scholarship Michael John Kuhar Memorial Scholarship Howard and Irene (McGraw) Mack Family Scholarship Mother M. Catherine McAuley Scholarship
Sr. Mary Ann McCue Scholarship Harold and Lois M. McGee Scholarship D. Megan McLanahan Scholarship for Mobility Challenged Students Mary Hollen McManus Nursing Scholarship Carolyn Claycomb Misciagna Scholarship M. Teresa Mohler Scholarship Mount Aloysius Alumni Association Book Scholarship (This is a separate application available online) Mount Aloysius Alumni Association Endowed Scholarship Sister Mary Magdalene O’Reilly Memorial Scholarship Sister Mary deLourdes Rivers Memorial Scholarship Richard R. Rullo Memorial Scholarship Elsie D. Seymour Scholarship Sr. Mary Thaddea Seymour Scholarship Reverend Morgan M. Sheedy Memorial Scholarship Sister Silverius Shields Memorial Scholarship Sisters of Mercy Scholarship Hazel Jones Slater Scholarship Fund Marjorie Lazor Stager Scholarship Stasny Memorial Scholarship Sara and Salvatore “Sam” Valenty Scholarship Ray and Louise Walker Scholarship Sr. Benedict Joseph Watters Scholarship Adelaide G. Heverly Welge Business Scholarship Adelaide G. Heverly Welge Commuter Scholarship Adelaide G. Heverly Welge General Scholarship Dorothy Wirt Scholarship George Anderson Wolf Scholarship The Wolf-Kuhn Scholarship Fund at Mount Aloysius College Charlotte Barnhart Scholarship Dr. Louis and Barbara Garzarelli Scholarship Francis and Jean Huber Scholarship Isobel Morningred Mack Scholarship John “Jack” Foley Sr. Scholarship Linda Weaver Scholarship Mary Cypher Madden Scholarship Mercy Service Endowed Scholarship Link Computer Corporation Scholarship Sarah E. Mihalaki Scholarship Wilkinson Family Scholarship
loan programs Direct Federal Stafford Loan
In order to meet educational expenses, students may wish to borrow monies through the Federal Stafford Loan program. The Free Application for Federal Student Aid (FAFSA) must be on file in order for a Stafford Loan to be processed. Information obtained from the FAFSA determines the amount and type of loan for which the student is eligible. The Direct Federal Stafford Loan falls under two (2) distinct types: Subsidized Stafford Loan: This means the government pays the interest for the student while they are in school. Unsubsidized Stafford Loan: This means the student is responsible to pay the interest. The interest can either be paid quarterly or the student can request the interest be capitalized.
Direct Parent Loans for Undergraduate Students (PLUS)
Parents of dependent students may borrow up to the cost of education less any other financial aid through the PLUS program.
Alternative Loan Programs
Alternative loan programs are separate from the Direct Federal Stafford Loan program and are used to supplement the financing of your college education. Unlike Stafford Loans, you may borrow up to the full cost of education minus any other financial aid you receive. The loans are usually at a higher interest rate, usually require a good credit standing and may require you to have a co-signer. Like Stafford Loans, these loans do not have to be repaid until you graduate or cease to be at least half-time [six (6) credits]. For more information go to: www.mtaloy.edu/privateloans.
The maximum amounts that an undergraduate student may borrow under the Stafford Loan program are as follows:
Freshman (0-29 credits completed)
$3,500 subsidized per year for dependent &â€ˆindependent students $2,000 unsubsidized per year for dependent students $6,000 unsubsidized per year for independent students
Sophomore (30-59 credits completed)
$4,500 subsidized per year $2,000 unsubsidized per year for dependent students $6,000 unsubsidized per year for independent students
Junior (60-89 credits completed &â€ˆenrolled in a baccalaureate program)
$5,500 subsidized per year $2,000 unsubsidized per year for dependent students $7,000 unsubsidized per year for independent students
Senior (90-120 credits completed and enrolled in a baccalaureate program)
$5,500 subsidized per year for dependent & independent students $2,000 unsubsidized per year for dependent students $7,000 unsubsidized per year for independent students
financial aid for graduate school Many federal and state aid programs available to undergraduate students are not available to graduate students (Pell and FSEOG Grants as well as many State programs). Much of the aid received by graduate students is in the form of loans. To apply for a Direct Federal Stafford Loan, you must complete the Free Application for Federal Student Aid (FAFSA) on a yearly basis. In addition, a Federal Stafford Loan Master Promissory Note (MPN) must be submitted to the Department of Education. Students wishing to receive Federal Stafford Loan monies to finance their graduate education must be enrolled in a degree program and are required to comply with all federal regulations regarding the verification of their FAFSA, satisfactory academic progress and withdrawal policies/procedures.
Graduate School Loans
There are both private and government loans available to graduate students. Examples include: Federal Stafford Loan - low interest rate federal loans available to most students, even at half-time status. These loans are unsubsidized where you pay the interest while you are in school. Federal Grad Plus Loan - federally sponsored, non-need, credit-based loan for students attending graduate school. Students must be enrolled at least half-time and can borrow up to the full cost of their education, less other financial aid received. Students must first exhaust their Federal Stafford Loan eligibility before applying for a Grad Plus loan. The interest rate on the Grad Plusâ€ˆloan is fixed at 7.9 percent.
How Much Can I Borrow in Student Loans for 14/15? Maximum unsubsidized eligibility per year................................................................................................ $20,500 The total debt you can have outstanding from all Federal Stafford Loans combined is $138,500 as a graduate student. Only $65,500 of this amount may be in subsidized loans. The graduate debt limit includes any Federal Stafford Loans received for undergraduate study.
Enrollment Classification: Full-time graduate student:................................................................................ 9 or more credits per semester Half-time graduate student: ............................................................................................6-8 credits per semester Less than half-time graduate student:...........................................................less than 6 credits per semester
Mount Aloyius College Graduate School is designed for students to be employed and go to school full-time. 10
useful addresses & phone numbers
PHEAA (For questions regarding your state grant)
1200 North Seventh Street Harrisburg, PA 17102-1444 717-720-2860 1-800-692-7392 www.pheaa.org
Federal Student Aid Information Center
(For questions about your FAFSA, SAR or eligibility for Pell)
PO Box 84 Washington, DC 20044 319-337-5665 1-800-433-3243 www.studentaid.ed.gov
(For questions regarding your admissions application or programs offered by the College)
7373 Admiral Peary Highway Cresson, PA 16630 814-886-6383 1-888-823-2220 email@example.com
Controllerâ€™s Office/Student Billing
(For questions regarding your tuition account or billing statement)
(For questions regarding your scheduling)
7373 Admiral Peary Highway Cresson, PA 16630 814-886-6420
7373 Admiral Peary Highway Cresson, PA 16630 814-886-6368 814-886-6412 firstname.lastname@example.org
Direct Loan Applicant Services 1-800-557-7394 www.studentloans.gov
Office of Undergraduate & Graduate Admissions
(To register, add or drop classes or inquire about grades/transcript services)
7373 Admiral Peary Highway Cresson, PA 16630 814-886-6400 email@example.com
94% of MAC students receive scholarships and financial aid. The average aid package is based on grants and scholarships and is approximately $10,000. www.mtaloy.edu
Mount Aloysius College is a comprehensive, private, Catholic, co-educational, liberal arts and sciences based college offering undergraduate and graduate education emphasizing career preparation and Mercy values. Our campus overlooks the Allegheny Mountains in the Laurel Highlands of west central Pennsylvania. 14,500 Alumni working in leadership
positions around the world
Unduplicated head count
1,300 Approximate number of full-time students 1,200 Approximate number of part-time undergraduate, graduate and continuing education students 18 Average class size 14 to 1 Student/faculty ratio 193 Acres on MACâ€™s mountaintop campus 175 Professors/Faculty members (no graduate assistants) 70 Academic programs 20 Academic concentrations 14 NCAA D-III athletic programs 100 Student organizations, service opportunities, social events and intramural programs 94% Students receiving financial aid and scholarships 99-100% Placement rate in certain specialty fields (nursing, medical imaging, health sciences) 100%
Campus wireless access
Students who perform community service
division of enrollment management Office of financial aid and scholarships
Published on Sep 17, 2012