2026-2027 Catalog | Page 71

Gwynedd Mercy University 2026-2027 University Catalog
Alternative Loans In addition to the Federal Loan Programs, a student and / or credit-worthy co-signer may borrow funds not to exceed cost of attendance. Since Private / Alternative loans have different fee and rate structures, applicants are encouraged to request information directly from the lender or on the web at https:// www. elmselect. com / v4 /.
Employment
Employment is regarded as“ self-help” and is made available to eligible students enabling them to finance their educational costs through job earnings.
Federal Work-Study( FW-S) Work Study is a federal aid program, which provides employment both on Gwynedd Mercy University’ s campus and off campus with approved public or private non-profit agencies. Federal Work-Study is best described as the opportunity to work and earn a predetermined amount of money. Eligible students may be employed for a maximum of 10 hours weekly during the school year and 40 hours weekly during the summer and vacation periods. FW-S students are paid hourly for work performed; they may use these funds to cover their educational or personal expenses while enrolled at the University.
Generally, students with FW-S jobs are paid twice monthly through the University Business Office. The University cannot guarantee jobs or total earnings as awarded because the FW-S program is limited by the amount of funds received from the federal government.
Veterans Benefits
Any student utilizing Ch. 33 Post 9 / 11 GI Bill ® or Veteran Readiness and Employment( VR & E)— formerly known as Vocational Rehabilitation and Employment— benefits will be considered by Gwynedd Mercy University as in good financial standing even if the VA is delayed in making payments to the university, provided the student can produce the VA’ s Certificate of Eligibility by the first day of class, and / or provide any additional information needed by the University’ s VA Certifying Official to ensure the enrollment certification request can be submitted to the VA by the first day of class. These students will be treated as“ paid students” and will not be prevented from enrolling in classes or denied access to any school resources or facilities available to other University students in good financial standing. These students also will not be assessed a late penalty fee or required to secure additional funding to cover the late VA payment. GI Bill ® is a registered trademark of the U. S. Department of Veterans Affairs( VA).
More information about education benefits offered by VA is available at the official U. S. government Web site at https:// va. gov / education /. The University serves only as a certifying and transmittal agency regarding Veterans Educational or War Orphans Benefits. The University’ s Veteran Affairs Department is part of the Financial Aid Office. The VA Coordinator is available to assist students with respect to their veterans’ benefits. In addition, veterans may contact: Veterans Administration Regional Office, P. O. Box 4616, Buffalo, NY 14240-4616, or you can contact the student line at( 888)-442-4551 between 8am – 7pm Eastern Time, Monday-Friday.
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