Undergraduate Catalog 2023-2024 | Page 59

Gwynedd Mercy University AY2023-2024 Undergraduate Academic 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 a job or total earnings as awarded because the FW-S program is limited by the amount of funds received from the federal government .
Benefits
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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