Other Aid Programs

PENNSYLVANIA STATE GRANT (PHEAA) - Application deadline date of May 1.  PHEAA uses information supplied on the Free Application for Federal Student Aid (FAFSA) to determine your state grant eligibility. PHEAA will notify you directly of your annual award amount. This notification usually begins during the month of May.

STATE GRANTS (NON-PA RESIDENTS) - If you are a resident of the following states, you maybe eligible for a grant from your state:

• Connecticut
• Delaware
• Maine
• Massachusetts
• Ohio
• Rhode Island
• Vermont
• Washington D.C.
• West Virginia

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 $2500 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 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 percent interest on the principal amount of the loan. These monies must be repaid.  (Disclosure)

MOUNT ALOYSIUS COLLEGE RESIDENTIAL GRANT: - This special grant is awarded to new, full-time freshman students who reside on campus. Students are awarded $1,500 a year during their freshman year and $750 a year during their sophomore year. This grant ends at the conclusion of sophomore year.

MOUNT ALOYSIUS COLLEGE COMMUTER GRANT: - This special grant is awarded to new, full-time freshman students who commute to the college. Students are awarded $1,000 a year during their freshman year and $500 a year during their sophomore year. This grant ends at the conclusion of sophomore 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 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 Mount Aloysius College simultaneously. To be eligible, two or more immediate family members must be enrolled full-time during a given semester. The grant is renewable each year as long as two or more immediate family members continue to be enrolled full-time. Each enrolled family member is eligible for a tuition discount of $500 per year.

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:

• Job Training Partnership Act (JTPA)
• Office of Vocational Rehabilitation (OVR)
• Southern Alleghenies
• United Mine Workers Association (UMWA)
• United Way