Undergraduate Catalog 2022-2023 | Page 72

Gwynedd Mercy University
AY2022-2023 Undergraduate Academic Catalog
business day waiting period , a student can email the Bursar Office a screen shot of their payment with the date it posted to their account .
Payment by Credit Card : The University accepts VISA , Master Card , American Express and Discover . You may use your credit card online through the student ’ s Self- Service account . You will be assessed a 2.85 % processing fee for any payment made with a credit card .
Payment by Cash The maximum cash payment accepted is $ 1500 . This form of payment can only be made at the main campus location .
Payment through Installment Plan : The Gwynedd Mercy University Installment Plan administered by TouchNet is a convenient way for parents and students to finance education expenses . The installment plan applies to students enrolled in Term Programs only . Students enrolled in Non-Term Programs are not eligible due to the dynamic nature of their programs . The installment plan allows you to spread university expenses over 5 , 4 or 3 months , depending on when they sign up for the plan for each semester . Fall semester ’ s payment plan installments start in July : Spring semester ’ s installment payments start in December and Summer semester ’ s installments start in April . Additional information can be found on the Bursar ’ s web page . Students can sign up for the payment plan through their Self- Service account .
Employer Reimbursement : Students who are reimbursed by an employer may be eligible to receive an extension for payment of a portion of the amount due . Prior to registration a copy of the employer ’ s policy and a statement from the employer stating the student ’ s eligibility is required . Documentation is required at the beginning of each academic semester . Ten percent ( 10 %) of the tuition is then required at registration and the balance is due prior to the end of classes .
In view of rising costs , Gwynedd Mercy University reserves the right to increase charges at any time and to make such changes applicable to students presently enrolled as well as to new students .
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Withdrawal / Refund Policy
To be eligible for a tuition refund a student must officially withdraw by completing a withdrawal form available online on the Registrar ’ s web page . Refunds are processed for tuition only , no fees . The amount of the refund is based on the date the withdrawal form is recorded in the Registrar ’ s Office . Please see chart below for refund percentages . Not attending class does not automate an official withdrawal .
To be eligible for a refund of room and board a student must officially notify the Office of Residence Life . The amount of the refund is based on the date of the withdrawal . Refunds are established by Residence Life and are included in your housing contract .
No refunds for overpayment will be issued until at least ten days after the drop / add period . . For refunds coming from excess financial aid , the Bursar and Financial Aid departments have up to 14 days from the day the student ’ s aid is disbursed to their account to process the refund .
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