In addition, beginning with Fall 2013, a student must equally balance the number of in classroom credits with on-line credits on a term by term basis.
STATE GRANTS (NON-PA RESIDENTS) - If you are a resident of the following states, you may be eligible for a grant from your state:
You must submit your FAFSA by the deadline listed for your state on the FAFSA application.
NURSING LOAN: - Award amounts are based on financial need and funding levels to full-time, undergraduate students in the Nursing program and range between $200 and $5200 per year. Students must be enrolled in nursing classes in the semester during which nursing loan money is received. 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 6 credits. Repayment on the loan begins nine (9) months from the date the student ceases to be enrolled in the Nursing Program on at least a half time basis. While in repayment, the student will be charged five percent interest on the principal amount of the loan. These monies must be repaid. (Disclosure)
MOUNT ALOYSIUS COLLEGE RESIDENTIAL GRANT: - New fulltime students (Freshmen, Returning Adults, Transfers and Re-Admits) residing on campus will receive $1,500 a year during their freshman year and $750 all other years.
MOUNT ALOYSIUS COLLEGE COMMUTER GRANT: - New fulltime students (Freshmen, Returning Adults, Transfers and Re-Admits) commuting to college will receive $1,000 a year during thier freshman year and $500 all other years.
ST. ALOYSIUS GRANT: - A special scholarship awarded to out of state (not international) full-time freshman students. Each scholarship is valued at $1,500 a year beginning Fall 2013.
MERCY GRANT: - This grant may be awarded to full-time students who are Pennsylvania residents. Students are awarded a maximum of $1,000 a year. The Mercy Grant will be given to Pennsylvania State Grant eligible students who do not meet the income requirements for Federal Pell Grant.
FAMILY TUITION GRANT: - The Family Tuition Grant is a special grant awarded to siblings (brothers and sisters) and/or parents who are attending
PRIVATE ALTERNATIVE LOAN PROGRAMS: The alternative loan programs are separate from the Federal Direct Stafford Loan and are used to supplement any federal loans you may receive to finance your college education. Unlike the Direct Stafford Loan program, you may borrow up to the full cost of education minus any other financial aid you receive. These loans usually have much higher interest rates than Direct Stafford Loans and may require a co-signer. They are not guaranteed. Students should exhaust their maximum Federal Loan eligibility before borrowing an alternative loan. The terms and conditions of the Federal Loans are more favorable than alternative loans. As a borrower, it is you and your co-signer's (if applicable) responsibility to compare rates and determine what alternative loan is best for you. Information on private alternative loan programs can be obtained by contacting the Financial Aid Office at 814-886-6357 or 1-888-823-2220.
Additional Sources of Funding: