These grants make up the basic federal grant program. Eligibility is determined by the university and is subject to federal regulations. The value of the grant is based on school's cost of attendance, the calculated federal family contribution and whether you are attending full-time or part time. Current award levels vary up to $5,730.00.
All PELL Grant eligible students who have a credit balance on their student account may charge the cost of their books up to the amount of their credit balance at the Mercyhurst University Book Store. These books can be charged starting from ten days before classes begin up to the last day of Drop/Add for the current semester.
SEOG is provided by the federal government for distribution by Mercyhurst University and does not require repayment. The demand for SEOG exceeds the resources available. The Office of Student Financial Services automatically considers every Pell eligible student for SEOG and will award the grant to those with the greatest demonstrated financial need.
Am I eligible for the Federal TEACH Grant?
The Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant program was created to fill the teacher shortages in high-need fields. The TEACH Grant is the first federal grant program that requires a service agreement and has the potential of converting to a loan. To review the basic eligibility criteria, please read the following information below.
Potential Funds available through the Federal TEACH Grant
The Federal TEACH Grant allows up to $4,000 per year available for full-time students on both the undergraduate and graduate levels. Amounts are prorated according to enrollment levels per term.
Due to sequestration:
Each year that you receive a TEACH Grant, you must sign a TEACH Grant Agreement to Serve and complete a new TEACH Grant Entrance Counseling. Specifically, the TEACH Grant Agreement to Serve will require the following:
IMPORTANT: If you fail to complete this service obligation, the U.S. Department of Education will convert all Federal TEACH Grants funds that you received to a Federal Direct Unsubsidized Stafford Loan. You must then repay this loan to the U.S. Department of Education. You will be charged interest from the date the grant(s) disbursed.
Student Eligibility Requirements for Federal TEACH Grant
High Needs Fields
Schools Serving Low-Income Students
Schools serving low-income students include any elementary or secondary school that is listed in the Department of Education's Annual Directory of Designated Low-Income Schools for Teacher Cancellation Benefits.
2015-16 TEACH Grant Eligible Majors
Bachelor's Degree Programs
Master's Degree Programs
*Note: All undergraduate programs must lead to licensure in order to qualify.
What to do if you believe you qualify and are interested in the Federal TEACH Grant
Students in eligible majors complete the Mercyhurst TEACH application . If you meet all eligibility requirements to receive TEACH, your award will be packaged upon completion of the application review. You will then be required to sign an "Agreement to Serve" contract with the federal government and complete the TEACH Grant federal entrance counseling before the funds are disbursed to your account.
Grants awarded to the residents of the Commonwealth of Pennsylvania. If an estimated state grant appears on the award letter, the estimated amount is based on current information available to the college. The actual amount of your state grant is determined when you and the college receive official notification from the state agency. Please note that if you are a recipient of the Pennsylvania State Grant and have been selected for validation (an income review process where you will be asked to submit your tax information to PHEAA to establish state grant eligibility), the funds will not be released to the university until you have completed the necessary paperwork with PHEAA.
The Student Employment Program provides jobs for full-time students to help pay for their education-related expenses. Eligibility to participate in this program is dependent on the student’s need as determined by both the FAFSA application and Student Financial Services as the Student Employment award is a part of the students financial aid award/package. Only student's who are awarded federal work-study or institutional employment and have received correspondence should view the 2015-16 Student Employment Booklet by clicking here. 2015-16_online_booklet.pdf