FEDERAL AND STATE GRANTS
Federal PELL Grants
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 $6,195.
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.
Federal Supplemental Educational Opportunity Grant (SEOG)
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.
Pennsylvania State Grant
Grants awarded to the residents of the Commonwealth of Pennsylvania that are administered by the Pennsylvania Higher Education Assistance Agency (PHEAA). 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.
Grants other than Pennsylvania includes state grants from:
Mercyhurst University provides several opportunities for all full-time students to work on campus while going to school. These jobs are part-time positions that are available throughout the academic year and the summer, and provide a great opportunity for students to start building their resume. Positions vary by department and availability. Submitting an application does not guarantee a position as job opportunities are limited. To find work study positiobs, log in to your Handshake account and search "Mercyhurst University".
The Federal Work Study award is a type of federal funding that a student may be eligible to receive by filing the Free Application For Federal Student Aid (FAFSA). Students who are awarded the Federal Work Study award will need to follow the procedures listed above to secure a part-time job on campus. Once hired, students are paid through the Federal Work Study award for hours worked up to the awarded amount. The funds earned will be paid directly to the student on a bi-weekly basis.