Gwynedd Mercy University AY2024-2025 Graduate Academic Catalog
FINANCIAL AID Financial Aid Application Procedures ( FAFSA )
A . New Entering Students
Students who wish to receive consideration for financial aid must : 1 . Submit the Free Application for Federal Student Aid ( FAFSA ) at studentaid . gov . 2 . Gwynedd Mercy University ’ s federal code is 003270 . You must enter our school code for us to receive the results of your FAFSA . 3 . Complete the Federal Verification process , if selected for verification . 4 . Regularly check the email you used on your FAFSA . If we have questions or need additional paperwork , we will notify you at the email you provided on your FAFSA . 5 . The FAFSA is available on October 1 of each year . Please submit the FAFSA as close to October 1 as possible , and no later than our priority filing date - January15 . 6 . Once your financial aid package is complete , you will be notified to log into your GMercyU Self
Service account to view and accept your aid package .
B . Returning Students 1 . Students who wish to request renewal of financial aid for an upcoming academic year , as well as those already enrolled who wish to apply for financial aid the first time , must :
2 . Submit the Free Application for Federal Student Aid ( FAFSA ). Gwynedd Mercy University ’ s federal code is 003270 .
3 . You must enter our school code for us to receive the results of your FAFSA . a . You must submit the FAFSA for each year in which you want to be considered for financial aid .
4 . Complete the Federal Verification process , if selected for verification .
Note : Please submit your FAFSA no later than April 1 each year . Students will receive notification that their aid package is available for review via email . Students must log into their GMercyU Self Service account to view and accept their financial aid package .
Satisfactory Academic
Progress ( SAP ) Standards of Satisfactory Academic Progress Federal regulations require that all students who receive any financial aid meet federal academic progress standards while taking courses toward a degree or certificate program . This policy applies to all terms of enrollment , even if not receiving federal aid , and all enrollment types ( full-time / part-time ). Academic progress is measured by cumulative grade point average , percentage of credits successfully completed , and the time it takes to complete the degree program . The financial aid office checks student academic progress after both the fall and spring semesters .
Measurement of Academic Progress Requirements
• Completion Rate ( 67 % Rule ): Students must receive a satisfactory grade in courses attempted by completing at least 67 % of the credits for which they are enrolled . This percentage is calculated
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