Catalog - Table of Index

Financial Information

Tuition and Fees

The following charges are for one semester, unless otherwise noted, during the 2007–2008 academic year.

Generally, all tuition and fees, with the exception of financial aid award amounts, are to be paid in full at the beginning of each semester/term unless special arrangements are made with the student accounts office. Interest is charged on unpaid balances.

Expenses per Semester 2007-2008

Regular Tuition	$10,415	Full-time students (12-17 credits)
Regular Tuition	$425	Part-time students per credit Full-time students who wish to take more than 17 credits will be charged for additional credits at $425/credit. Medical technology majors will be charged $225 per semester in lieu of tuition during the semesters spent in hospital practicum. Those students are also assessed the general fee.
Expressway Tuition	$292	Expressway students per credit
General Fee	$560	The general fee and its related services help to promote and (fulltime students) enhance the educational, recreational, social, and cultural life of the student body. The fee helps to supplement the cost of class dues, student publications, student services, and student government as well as the costs associated with operating facilities available for student use such as the Anderson Sports-Health Center, the Bevevino Library, and the Banks Student Center.
Room	$2,310	Regular Campus Housing: Alumnae Hall
	$2,625	Regular Campus Housing: McHale Hall
	$2,680	Regular Campus Housing: Gildea Hall
Theme Housing	$2,680	Based on seniority at the time of housing lottery
Single Room	$500	Based on seniority at the time of housing lottery
Townhouse Room	$3,050	Provisions for single/private rooms are under the discretion of the Director of Residence Life Should vacancies occur in a student room, the remaining student is required to accept another roommate or be reassigned to another room. Students in suites or townhouses must maintain the stated minimum occupancy or be removed from the area. If availability permits, the Director of Residence Life may provide an option to maintain the room, suite, or townhouse below the minimum stated occupancy.When this situation occurs, all remaining occupants of the room, suite, or townhouse will be subject to an additional room charge of $300 beyond the rates stated above.
Board	$1,925	This plan provides 265 meals per semester with the added convenience of $55 in cougar points that can be used in the dining room or the Cougar’s Den.
	$1,760	This plan provides 190 meals per semester with the added convenience of $80 in cougar points that can be used in the dining room or the Cougar’s Den.
	$1,560	This plan provides 125 meals per semester with the added convenience of $75 cougar points that can be used in the dining room or the Cougar’s Den.
	$1,060	This plan provides 75 meals per semester with the added convenience of $50 cougar points that can be used in the dining room or the Cougar’s Den.
First-year residents may not choose the 125 or 75 meal plans. The 75 meal plan is only available for students living in a townhouse, Leadership or S.E.R.V.E. House.
Special Fees, Deposits and Expenses, 2007-2008
Graduation Fee	$150	A graduation fee is charged to students who have completed degree requirements. The fee helps to supplement costs of commencement including preparation of the facility, graduation announcements, cap and gown, diploma, pre-commencement luncheon and the postcommencement reception.
Liability Insurance	$45	For students enrolled in majors that require clinical experience or field experience
Orientation Fee	$200	First year
	$70	Transfer student
Parking Fines	$10	Per infraction for vehicles registered with the Misericordia University’s Campus Safety Department. Unregistered vehicles will be charged $20 per infraction. Fines for illegally parking in handicapped areas are $50 per infraction. Failure to move a vehicle as instructed during times of snow removal will result in a fine of $100.
Parking Permit	$25	Annual fee
Returned Check Fee	$15	A fee will be assessed for each check not accepted and returned by the bank. Two returned checks will cause check-writing privileges to be permanently revoked
Room Reservation	$100	Room reservation deposit is for upperclassmen only; room deposit is payable by April 15 and is applied to room charges
Student I.D.	$20	Replacement of lost, stolen or unusable I.D.
Student Teaching Fee	$200	For Education major in teaching placements
Summer Housing	$50	Per week for students who take five or fewer credits. Summer housing is available at no cost to students who are registered for six or more credits in a non-weekend program, have signed a campus housing agreement for the 2007–2008 academic year, and who live outside of the greater Wilkes-Barre/Scranton metropolitan area. There is also no cost for students who are employed at the university for the summer and who live outside of the greater Wilkes-Barre/Scranton metropolitan area.
Transcript Fee	$7	Per transcript
Weekend College	$200	Room rental per semester
Additional Class Specific Fees:
Applied Music	$100	Students enrolled in all sections of Fine Arts 117
Medical Imaging Fee (Annual)
Sophomore	$115	The medical imaging fee covers the cost of annual film badges as well as ID marker, name tags, program handbook, clinical log book in the sophomore year and professional liability insurance in the sophomore, junior and senior years.
Junior	$85
Senior (Dec grads)	$65
Senior (May grads)	$85
Nuring Fee (Annual)
First-Year	$60	The nursing fee covers the cost of annual Education Resource Inc. (ERI) testing and Student Nurse Association of Pennsylvania (SNAP) membership as well as lab fees and professional liability insurance in the junior and senior year, as well as clinical name badges
Sophomore	$100
Junior	$260
Senior	$250
Post Professional Nursing	$45	Cost of annual professional liability insurance.
Occupational Therapy (OT) Fee (Annual)
First-Year	$55	The OT fee covers the cost of annual American Occupational Therapy Association (AOTA) membership as well as lab fees, clinical name badge and professional liability insurance in the junior and senior years, in addition to an online exam for certification preparation in the graduate year.
Sophomore	$55
Junior	$370
Senior	$360
Fifth-year	$135
Physical Therapy (PT) Fee (Annual)
Junior	$475	The PT fee covers the cost of annual American Physical Therapy Association (APTA) membership as well as junior and senior lab fees and professional liability insurance, junior lab kit, manual and clinical name badges
Senior	$400
Fifth-year	$130
Sonography Fee (Annual)
First-Year	$80	The Sonography fee covers the costs of name tag, handbook, clinical forms and professional liability insurance.
Sophomore	$70
Speech-language Pathology (SLP) Fee (Annual)
First-Year	$85	The SLP fee covers the cost of annual American Speech-Language- Hearing Association (ASHA) and Pennsylvania Speech-Language- Hearing Association (PSHA) memberships as well as clinical name badges and professional liability insurance.
Sophomore	$100
Junior	$130
Senior	$130
Fifth-year	$130

Release of Transcripts or Diplomas

A diploma or transcript (official or unofficial) will not be released until the student's account is paid in full. The cost for each transcript is $7 and must be requested in writing to the registrar's Office.

Undergraduate Auditing

Students may audit courses at one-half cost based on full or part-time credit charges. No credit is awarded for audited courses. Auditors are admitted to courses as space is available. Matriculating students who wish to audit a course must seek permission from the Registrar.

Financial Assistance Program

For over 80 years, Misericordia University has helped students and parents afford a superior college education. Through its participation in federal and state financial aid programs, use of institutional resources and contributions by alumni and friends, the financial aid office tries to meet, as fully as possible, each student’s financial need.

The university is eligible to participate in a full range of financial aid programs through the U.S. Department of Education. Eligible students may qualify for aid through the Federal Pell Grant Program, and the Federal Family Education Loan Program, as well as federal campus-based programs including Supplemental Educational Opportunity Grants, Perkins Loans, and the Federal Work-study Program.

The university participates in the nursing loan program under the auspices of the Department of Health and Human Services.

Misericordia University is also designated as an eligible institution by the Pennsylvania Higher Education Assistance Agency (PHEAA), allowing qualified students access to the Pennsylvania State Grant Program.

In general, the university offers three types of financial assistance:

1. Scholarships/Grants:Scholarships/Grants: Gift aid given directly to full-time students based on financial need or some area of achievement, such as an outstanding academic record, evidence of leadership, etc. Students do not need to repay this type of award.
2. Loans: Monies borrowed by students to meet educational expenses. Students and/or their families repay these loans after withdrawal or graduation. Interest is charged on loans. Interest charges vary with different loan programs.
3. Work-study: Employment which allows full-time students to earn a portion of the money needed to meet educational expenses.

Application Procedures
All students who wish to be considered for financial assistance must file a Free Application for Federal Student Aid (FAFSA) by May 1 of each award year. (Although the official deadline date is May 1, incoming freshmen are encouraged to submit the application as soon as possible after January 1 in order to expedite processing of financial aid notifications). No assurances can be made that funds will be available to students who apply after May 1.

The university uses the information collected on the FAFSA form to determine eligibility for university administered need-based programs, including University Mission Awards, Supplemental Educational Opportunity Grants, Nursing and Perkins Loans, and Work-study. Out-of-state students should check with their high school guidance office or state agency to determine eligibility for grant assistance from their home state.

Misericordia University no longer requires students to submit a institution specific application for financial aid to be considered for a University Mission Award (a university grant based upon financial need) Likewise, eligibility for academic scholarships are automatically evaluated by a scholarship committee with no special applications required. However, incoming freshmen must submit a McAuley Application in order to be considered for a McAuley Award (described later in this section). Outside of the FAFSA form, the McAuley Application is the only formal aid application required by the university for a student applying for grant assistance.

Veterans: Misericordia University welcomes the opportunity to provide education to veterans of the armed services. The university is approved by the Veterans Administration for the education and training of veterans.

Veterans enrolling at the institution for the first time should notify their local veterans administration office to apply for educational benefits. This application should be filed six weeks prior to the beginning of the semester. Students must contact the registrar’s office to initiate the process.

Definition of an Academic Year
Financial aid is awarded for one academic year. Misericordia University defines its academic year as the period of at least 30 weeks of instructional time that begins on the first day of classes in the fall semester and ends on the last day of examinations in the spring semester. During this period, a full-time undergraduate student would be expected to complete a minimum of 24 credits.

Renewal of Aid
Academic scholarships are renewed annually provided the student maintains a minimum cumulative grade point average of 3.0. McAuley Awards are renewed annually provided the student demonstrates satisfactory academic progress.

Need based financial aid is re-evaluated and renewed each year providing the student:

• Submits a FAFSA form by May 1
• Demonstrates financial need
• Demonstrates satisfactory academic progress

Satisfactory Academic Progress Policy
To receive or continue to receive federal, state, or university financial aid, all students must meet the following progress requirements:

1. Minimum grade point average required at the end of the academic year:

   First-year undergraduates 1.75

   All other undergraduates 2.00

Academic scholarship requirements are more stringent. Recipients of these awards must refer to the scholarship notification letter for grade point requirements.

2. Successful completion of minimum number of credits per academic year:

   Full-time Undergraduate 24 credits

   Three-quarter time Undergraduate 18 credits

   Half-time Undergraduate 12 credits

   Less than half-time Undergraduate 6 credits

The minimum number of required credits is based on the assumption that the student is in attendance at the same enrollment status for the full academic year. If the student changes enrollment status, i.e. fulltime fall, half-time spring, the required number of credits will differ. If you have questions, please contact the Student Financial Services Office at (570) 674-6222.

3. Maximum time frame:

An undergraduate student may receive aid under most programs for 12 semesters if full-time and 24 semesters if half-time.

Any deficiencies in academic progress must be made up at the student’s expense by successfully completing courses at Misericordia University or another accredited institution. Permission to take credits at another institution requires the permission of the registrar. Once the deficiency has been remedied, students must request that aid be reinstated for subsequent periods of enrollment. In the case of enrollment at another institution, the financial aid office will take into consideration the number of credits completed and the grades obtained. This financial aid policy differs from the institutional policy that accepts credits in transfer only, not grades obtained.

For purposes of financial aid, satisfactory progress is defined using the following classifications:

First Year	Those who have earned between 0–29.9 credits
Sophomores	Those who have earned between 30–59.9 credits
Juniors	Those who have earned between 60–89.9 credits
Seniors	Those who have earned between 90–119.9 credits
Fifth Year	Those who have earned 120 credits or above
Second Degree	Students who have earned a baccalaureate degree and are pursuing a second baccalaureate degree
Full-time	Students carrying a minimum of twelve credits in a regular semester format
Part-time	Students carrying less than twelve credits in a regular semester format. Students enrolled in accelerated or weekend classes may carry twelve credits, but are still considered part-time
Three-quarter-time	Students carrying 9–11.9 credits
Half-time	Students carrying 6–8.9 credits
Less than half-time	Students carrying .5–5.9 credits
Non-matriculated	Students who have not been formally accepted to a degree or certificate program
Matriculated	Students who have been formally accepted into a degree or certificate program
Certificate	Students following a sequence of courses leading to an educational certificate

Right to Appeal
If a student feels that satisfactory progress was impossible to attain because of mitigating circumstances, i.e. death in the family, extended illness, etc., the student may request, in writing, a review of financial aid eligibility. This letter of appeal must be sent to the student financial services office and describe in detail the reason for failure to make satisfactory academic progress.

Additional Requirements and Rights
A student applying for aid must supply all required information as described above. The student’s enrollment status is then verified, and the student financial services office will determine the student’s financial aid in accordance with school policy. The student will then receive an award letter.

Aid from outside sources must be reported to the student financial services office. Such outside aid may result in a change in eligibility status.

Aid will vary according to enrollment status (full- or part-time) and housing status (resident, off-campus, or commuter). Students must inform the student financial services office of any status changes after their aid is packaged. Students may request an appointment with the student financial services office to review the information that determines their aid for the year, and the amount of their financial aid package.

Students have the right to request that their aid be re-evaluated if conditions arise which change their ability to meet the expenses of their education.

Sources of financial aid are described below. More information may be obtained from the Student Financial Services Office at (570) 674-6222.

Pell Grant
This federal program provides grants that currently range from $400–$4,310 depending on financial need and educational costs. Students who have not yet completed their first undergraduate degree may apply. Application is made by completing the Free Application for Federal Student Aid.

Supplemental Educational Opportunity Grant
This federal program is available to undergraduate students with demonstrated financial need. Awards range from $200–$500 yearly depending on need, available funds, and other aid received by the student. Application is made by completing the Free Application for Federal Student Aid.

Pennsylvania Higher Education Assistance Agency (PHEAA) Grant
The PHEAA Grant is a Pennsylvania State Grant. All Pennsylvania residents are expected to apply for the PHEAA Grant. Application is made by completing the Free Application for Federal Student Aid. Eligibility and grant amounts are determined by the Pennsylvania Higher Education Assistance Agency (PHEAA). The deadline for application is usually May 1 prior to the start of the academic year for which aid is requested.

Other State Grants
Many states provide grants to their residents that may be used at colleges or universities in other states. These states include Ohio, Rhode Island, Connecticut, Massachusetts,West Virginia, Delaware, Washington D.C., and Vermont. Prospective students should contact their high school guidance office or their state higher education office to learn more about their state programs and obtain applications.

Presidential Scholarships
To demonstrate its commitment to academic excellence, the university awards financial assistance to incoming full-time first-year and transfer students who have attained outstanding academic records. All applicants are screened for scholarship eligibility upon formal admission to the university. Awards range from $1,000–$15,000 annually. Scholarships are renewable until graduation, provided minimum grade point averages are maintained. The minimum averages required for retention of the award are outlined in the scholarship notification letter.

McAuley Awards
The nature and type of activities in which a student participates in high school, including involvement in extra-curricular activities, are indicative of a student’s potential success at Misericordia University. Fulltime students who have served as volunteers in the community, demonstrated leadership, and have been active in extracurricular activities in high school may be eligible for a McAuley Award. These awards range from $1,000 to $5,000 and are renewable provided the student maintains satisfactory academic progress.

Partnership Scholarships
Misericordia University offers Partnership Scholarships to incoming full-time freshmen who have maintained a high school average of "B" or better, a minimum SAT score of 1,000, and who have demonstrated a desire to enter particular majors. The admissions office screens all applicants. Awards of $2,500 annually are renewable provided the student maintains satisfactory academic progress, and does not change his or her major.

The following majors may be eligible for these awards: accounting, business, computer science, education (including secondary education), information technology, management, marketing, management information systems, medical imaging, nursing, occupational therapy, psychology, social work, and speech-language pathology.

Legacy Grant
Children and grandchildren of Misericordia University’s alumni are eligible for an annual $1,000 legacy grants: Stepchildren of Misericordia University‘s alumni are eligible provided they reside with the parent who is the alumnus and they are full-time students. The admissions office will screen applicants. Awards are renewable provided the student maintains satisfactory academic progress.

Mission Awards
Through its own fund raising effort, Misericordia University provides substantial financial assistance to needy students through mission awards. These awards help over 65 percent of Misericordia students meet their university costs. These awards are available to undergraduate full-time students with demonstrated financial need. Awards range from $600–$5,000 yearly depending on need, available funds and other aid received by the student. Students who receive the mission awards must maintain satisfactory academic progress and file the FAFSA form each year.

Non-Pennsylvania Resident Grants
Out-of-state students who reside on campus are eligible for non-Pennsylvania resident grants. These $1,000 awards are renewable provided on-campus residency is maintained and satisfactory academic progress is maintained.

Sibling Grants
Full-time upperclassmen whose sibling is also enrolled full-time at Misericordia University are eligible for a $1,000 sibling grant. The award is renewable provided the student maintains sufficient academic progress, and both siblings are enrolled full-time.

Federal Stafford Loan (Subsidized)
This loan program allows financially eligible full and half-time students to borrow money to help meet educational expenses. The borrowing limits are as follows:

Year 1	0-29.9 credits earned	$3,500
Year 2	30-59.9 credits earned	$4,500
Year 3	60-89.9 credits earned	$5,500
Year 4	90-119.9 credits earned	$5,500
Year 5	120 + credits earned	$5,500
Graduate		$8,500

The interest rate, which is set annually by the federal government, varies but will not exceed 8.25%. Repayment begins six months after the student graduates, withdraws, or enrolls in fewer than six credits. Repayment may extend for up to 10 years. The exact amount of loan eligibility is determined by the following formula: educational costs minus financial aid, minus expected family contribution as calculated from the Free Application for Federal Student Aid.

Federal Stafford Loan (Unsubsidized)
This loan program provides assistance to dependent students who do not qualify for a fully subsidized Stafford Loan, up to the loan limits described above. Credit worthy independent and graduate students, and dependent undergraduates who meet federal criteria may also be eligible to borrow the following amounts in addition to the borrowing limits specified for the subsidized Stafford Loan:

Year 1 and 2	$4,000
Year 3,4 and 5	$5,000
Graduate	$10,000

Like the Stafford subsidized loan, repayment of principal may be deferred until after the student graduates, withdraws, or enrolls for fewer than six credits. However, interest must be paid on the loan while the student is enrolled, or capitalized upon repayment.

Aggregate Maximum Loan Limits
Dependent undergraduate students may borrow up to $23,000 in Stafford Loan funds. Independent undergraduate students may borrow up to $46,000 in both subsidized and unsubsidized loans.

Federal PLUS Loan
This program allows credit-worthy parents of full- or half-time dependent undergraduates to borrow up to the total of university costs minus other financial aid. The interest on the PLUS loan varies but will not exceed 9%. Although limited deferment provisions may be applicable to some borrowers, repayment normally begins within 60 days of disbursement with up to 10 years to repay.

Perkins Loan
This program provides low-interest loan assistance to students who demonstrate financial need. Students who properly complete the aid application process as previously described will be automatically evaluated for eligibility for Perkins Loan assistance. If eligible, the student will receive notification from the student financial services office. The current interest rate on a Perkins Loan is 5% with repayment deferred until nine months after the student graduates, withdraws, or drops below six credits. Additional provisions for deferment of repayment are available from the Student Financial Services Office.

Nursing Loan
This program makes low interest funds available to nursing majors who demonstrate financial need. The application and awarding process, as well as the interest rate and repayment terms are the same as for the Perkins Loan.

Federal Work-study
Funded by the federal government, this program provides part-time jobs for eligible students during the academic year and the summer. Jobs are available on campus and in the local community. Students must demonstrate financial need to be eligible.Whenever possible, students will be assigned jobs related to their educational interests.

College Work-study
The university maintains this work-study program through its own funding. It assists students who are not eligible to participate in the federal program, but who need to earn part of their university expenses through employment.

Part-time Jobs
Some part-time employment is available in the community for students. Students who are interested in part-time employment opportunities should inquire at the Insalaco Center for Career Development.

Refunds of Overpayments
Refunds of credit balances on student accounts caused by overpayment (either from financial aid or personal transaction) will be processed in the student financial services office within 10 days from the date on which the credit balance occurs. The 10 days gives the university time to verify the amount of refund, to check on any other charges, and to confer with the financial aid director.

Student refund requests must be approved by the Director of Student Financial Services. Students are advised to begin the academic year with sufficient funds to pay for books and living expenses until refund checks are issued.

Tuition Payment Options

Payment Policy for Part-Time Students
At the time of registration, a part-time student must make arrangements for paying tuition and fees. The student may either pay for the course in full, have financial aid to cover the amount due, or participate in either the deferred payment plan or the tuition reimbursement payment plan. The details of the two payment plans are discussed below.

Tuition Reimbursement Payment Plan for Part-Time Students
Students who receive tuition benefits from their employer may be eligible to participate in Misericordia University’s Tuition Reimbursement Payment Plan. Generally, this payment plan permits tuition and fees to be paid up to 30 days after the issuance of grades instead of at the time of registration for the course.
The requirements of the plan are as follows:

• Only part-time students are eligible.
• A tuition reimbursement letter from the employer must be on file prior to registration and must be updated annually. The letter must state the terms of the benefit.
• Students must keep the original invoice and final grades for employer verification. Duplicate invoices and grade sheets will not be issued.
• It is the responsibility of the student, not the employer, to ensure that payment is made within the 30 day period.

Students who fail to make payment within the 30 day grace period may be removed from the tuition reimbursement payment plan.

• The 30 day grace period does not apply to graduating students. Tuition and fees must be paid prior to graduation.
• Students who are receiving only partial tuition benefits must make arrangements to pay the costs that are not covered by the employer at the time of registration.

Deferred Payment Plan for Part-Time Students
Misericordia University provides an option for students or parents to pay tuition, fees and other charges on a deferred payment plan. The plan permits educational costs to be spread over a period of time. The requirements of the plan are as follows:

• Only part-time students are eligible.
• A down payment of 20 percent of the total term/semester charges is required before the start of classes.
• Deferments are limited to one term/semester; the unpaid balance must be paid before final examinations for that term/semester. Failure to pay charges in full before final exams may result in loss of credit for the term/semester.
• At the close of each month, the unpaid balance will be charged a one percent finance charge.
• Students who fail to meet their deferred payment obligations will be dropped from the plan.
• Participants in the plan must sign and receive a copy of the deferred payment plan.

Tuition Payment Plan for Full-Time Students
Full-time students may arrange to pay all or part of their college costs in monthly installments. A $50 annual fee is charged to cover the processing of payments. Students must be enrolled in the installment plan prior to the start of the academic year. The plan is managed by Academic Management Service, Inc., Swansea, Massachusetts. Contact the Student Financial Service’s Office at (570) 674-6222 for additional information.

Credit Card Payments
Misericordia University accepts VISA, MasterCard and Discover credit cards for payment of tuition and fees.

Finance Charge
It is a university policy that any outstanding balances will be charged a one percent finance charge at the close of the second month of the semester and each month thereafter. Finance charges are waived for the following students:

• Students enrolled in the Academic Management Services program (see Tuition Payment Plan for Full-Time Students).
• Students who receive rehabilitation benefits or Veterans' Education benefits.
• Part-time students who participate in the Tuition Reimbursement Payment Plan.

Refund Policies

Full-time Traditional Day
When a full-time traditional student enrolled in day classes for the full 15-week semester withdraws from the university, she or he must file an official notice of withdrawal with the Vice President of Student Affairs.

Full-time Non-traditional Day
When a full-time non-traditional student enrolled in day classes for the full 15-week semester withdraws from the university, she or he must file an official notice of withdrawal with the Center for Adult and Continuing Education.

Part-time Day and Once-per-week
If a part-time student enrolled in traditional day (15-week semester) or once-per-week evening classes (15-week semester) withdraws from the university, he or she must file an official notice of withdrawal with the Center for Adult and Continuing Education.

The percentage of charges for full-time traditional day students, full-time non-traditional day students, part-time day, and once-per week evening students is determined by the date that the Vice President of Student Affairs or the Dean of the Center for Adult and Continuing Education receives an official notice of withdrawal.

Tuition, fees, room, and board charges will be cancelled at the following percentage rates:

Time of Withdrawal	Amount
First Week	100 %
Second Week	90 %
Third Week	80 %
Fourth Week	70 %
Fifth Week	60 %
Sixth Week	60 %
Seventh Week	50 %
Eighth Week	40 %
Ninth Week	40 %

No refunds of charges are allowed after the ninth week. There are no refunds on room deposits.

The student financial services office is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed, or take a leave of absence prior to completing 60% of a payment period or term. The Federal Title IV financial aid programs must be recalculated in these situations.

If a student leaves the institution prior to completing 60% of a payment period or term, the student financial services office recalculates eligibility for Title IV funds. Recalculation is based on the percentage of earned aid using the following federal return of Title IV funds formula: Percentage of payment period or term completed=the number of days completed up to the withdrawal date divided by the total days in the payment period or term. (any break of five days or more is not counted as part of the days in the term.) This percentage is also the percentage of earned aid.

Funds are returned to the appropriate federal program based on the percentage of unearned aid using the following formula: Aid to be returned = (100% of the aid that could be disbursed minus the percentage of earned aid) multiplied by the total amount of aid that could have been disbursed during the payment period or term.

If a student earned less aid than was disbursed, the institution would be required to return a portion of the funds and the student would be required to return a portion of the funds. When Title IV funds are returned, the student borrower may owe a debit balance to the university.

If a student earned more aid than was disbursed to him/her, the university would owe the student a postwithdrawal disbursement which must be paid within 120 days of the student’s withdrawal.

The university must return the amount of Title IV funds for which it is responsible no later than 30 days after the date of the determination of the date of the student’s withdrawal.

Refunds are allocated in the following order:

1. Unsubsidized Federal Stafford Loans
2. Subsidized Federal Stafford Loans
3. Unsubsidized Direct Stafford Loans (other than PLUS loans)
4. Subsidized Direct Stafford Loans
5. Federal Perkins Loans
6. Federal Parent (PLUS) Loans
7. Direct PLUS Loans
8. Federal Pell Grants for which a return of funds is required
9. Federal Supplemental Opportunity Grants for which a return of funds is required
10. Other assistance under this Title for which a return of funds is required (e.g., LEAP)

Students who do not officially withdraw, but stop attending all classes will be considered to have withdrawn at the 50 percent point of the semester unless attendance is documented after that time. There will be no adjustment to federal or institutional aid after the completion of at least 60 percent of the semester. The calculation of Title IV refunds will be computed by the Student Financial Services Office.

Students who receive a refund of financial aid prior to withdrawing may owe a repayment of federal financial aid received. Students who fail to return federal funds as required will be ineligible for aid until repayment is made.

Change of Academic Status
If a student drops from full- to part-time during the first two weeks of classes, adjustment to tuition charges will be made as follows:

1. The full-time tuition charges originally assessed will be reduced according to the official drop/add date defined by the Vice President of Academic Affairs Office, and by applying a percentage adjustment based on the following:

   First Week	100% tuition
   Second Week	75% tuition

   No adjustment will be made to tuition charges or financial aid after the second week.
2. Part-time tuition charges will then be computed by multiplying the actual number of credits being taken after the drop, by the appropriate credit charge.

Part-time Accelerated Evening
When a part-time accelerated student drops a course or withdraws from the university, official notice must be filed with the Center for Adult and Continuing Education.

Tuition and other charges will be cancelled at the following percentage rates:

Prior to the 2nd week	100 %
Prior to the 3rd week	70 %
Prior to the 4th week	60 %
During 4th week	40 %

No refund will be given after the 4th week

Weekend College
When a weekend college student drops a course or withdraws from the university, official notice must be filed with the Center for Adult and Continuing Education. Tuition and other charges will be cancelled at the following percentage rates:

Prior to the 2nd weekend	100 %
Prior to the 3rd weekend	70 %
Prior to the 4th weekend	50 %
On the 4th weekend	40 %

No refund will be given after the 4th weekend

Expressway Program
When an Expressway student drops a course or withdraws from the university, official notice must be filed with the Center for Adult and Continuing Education. Tuition and other charges will be cancelled at the following percentage rates:

Five Week Classes
Prior to the 2nd weekend	100%
Prior to the 3rd weekend	70%

No refund will be given after the third class.

Seven Week Classes
Prior to the 2nd weekend	100%
Prior to the 3rd weekend	70%
Prior to the 4th weekend	60%
On the 4th weekend	40%

No refund after the fourth week.

Summer Session I through IV
Students enrolled in summer session I and II who drop courses or withdraw from the university must file official notice with the Center for Adult and Continuing Education. Tuition and other charges will be cancelled at the following percentage rates:

Prior to the 2nd week	100%
Prior to the 3rd week	70%
Prior to the 4th week	50%
During 4th week	30%

No refund after the 4th week. Financial aid will be adjusted according to the same policy used for full time students.

Administrative Regulation and Payment of Tuition and Fees
Misericordia University students are expected to pay their bills in a timely manner. The student accounts office and the financial aid office personnel assist students in meeting their financial obligations and will discuss reasonable payment schedules in extraordinary cases. In order to assure the collection of money due the university, students with unpaid balances for tuition, fees, bookstore charges, library fines, parking fines, or any other Misericordia University approved fee or fine will be denied the following privileges or services:

1. Class registration.
2. Participation in graduation ceremonies and the awarding of diplomas. Also, seniors may be denied final exams.
3. Transcript issue.
4. Residence hall reservation privileges.

Endowed Scholarships

Individuals and businesses close to Misericordia University sponsor scholarships which are available to qualified students each year.

Eligibility criteria and award information are available in the student financial aid services office.

Academic Endowment
Louis and Barbara T. Alesi Scholarship
Geraldine Ruth Daley Anderson Scholarship
Robert S. Anderson M.D., Pre-Medical Scholarship
Art Gallery Endowment
Dr. Thomas Baker Scholarship
Francis H.Wilcheck Beisel Scholarship
Monsignor John Bendik Scholarship
Benedetti Family Scholarship
Brassington Family Scholarship Fund
Carol Flanagan Zoeller Brown Scholarship
Marita Delaney Burke ’35 Scholarship
Bishop J. Carroll McCormick Scholarship
Victoria Cadwalader Nursing Scholarship
Bridget Carney Scholarship
Robert J. Clark Scholarship
The Anthony and Elizabeth Colonna and Family Scholarship
James J. Connery Scholarship
Rose and George Cook, Sr. Scholarship
Dr. Joseph and Mrs. Marion Cooper Endowed Scholarship
ose Marie Miano Coughlin ’60 Scholarship
Cronin Family Scholarship
Dallas Junior Women‘s Club Scholarship
Theresa Decker Scholarship
Joseph Robert and Ann Marie Conforti Doggett Scholarship
John L. Dorris, M.D. FACS Scholarship
Sharon Drasnin Scholarship
DuPont Academic Chemistry Scholarship
Dupont Academic Biochemistry Scholarship at Misericordia University
Edith Elliot Scholarship
Leslie Fay Scholarship
Fine Arts Scholarship
Jean Chorazy Fink Scholarship
Charles D. Flack, Sr. Scholarship
Catherine and Daniel J. Flood Endowment for Humanities Scholarship
Helen Barbara Fogel Scholarship
Fortinsky Scholarship
Sidney and Pauline Friedman Scholarship
Mary Elizabeth “Mollie” Gallagher Scholarship
Sr.Wilfred Gallagher, RSM Memorial Scholarship
Darlene Bender Garland ’91 Memorial OT Scholarship
Gates/Milnamow Scholarship
Maria Grilli Gatta ’68 Memorial Scholarship
Anna and Frank Gerold Scholarship
Frederick and Sarah Joyce Gerrity Endowed Scholarship
Catherine “Kitty” Rooney Gould ’50 Memorial Award
Henry and Sylvia Greenwald Scholarship
William Randolph Hearst Scholarship
Heather Huntzinger Memorial Scholarship
The Rosenn Scholarship Honoring Father William B. Hill and Sister M.William Joseph Lydon
InterMetro Scholarship
Walter and Catherine Janasie Scholarship
Mrs. John F. Kenny Scholarship
Marie Wittman Kilgallon ’41 Scholarship
Genevieve Mullin Kimbro Scholarship
Helen McCarthy Kirk Scholarship
The Mary McDermott Klatt ’54 Memorial Scholarship
The Joan Krause ’58 Student Emergency Fund
Stanley T. Lysiak Scholarship
Dr. Louis Maganzin Scholarship
Joan W. Martin Women with Children Scholarship
Maslow Family Foundation Scholarship for Women with Children
John A. McCole Scholarship
Claire Rinkin McDonnell ’49 Scholarship
Sister Celestine McHale Scholarship
Elizabeth Grady McNamara ’41 Scholarship
Mercy Health System—Northeast Region Scholarship
Misericordia University Alumni Board Scholarship
Marian F. Jones Mitchell ’44 Scholarship
Marguerite K. Moran and Margaret C. Morrissey Scholarship
Margaret C. Morrissey Scholarship
Sister Theresa Mary Moyles Scholarship
John Mullany Scholarship
Dean and Mary Elizabeth Noll ’47 Scholarship
Jean Olash Murphy ’50 Scholarship
Charlotte Newcombe Scholarship
Helen McAndrew O‘Connor Scholarship
Sr. Miriam Theresa O‘Donnell and Family Scholarship
Madlyn Sholtis Parrish Scholarship
The Margaret C. Paye ’49 Scholarship
Penn State Geisinger Scholarship Honoring Dr. David W. Kistler, MD
Perrella Family Scholarship
Reverend John Petrasko Scholarship
John and Sharon Randolph Scholarship
Bertie Fowler Rasmussen Scholarship
Sisters of Mercy of Dallas Scholarship
Nelson F. Rodda and Rose M. Rodda Scholarship
Rosenn Family Scholarship
Rosemary A. Sigmond Scholarship
Theresa Husic Silliman ’54 Alumni Scholarship
Karen Smulowitz Scholarship
Grace Jones Spain Scholarship
Margaret Husic Spengler ’36 Scholarship
James M. Stack Family Scholarship
Catherine Stefanchik Scholarship
Dr. Joseph Tomasovic Scholarship
Leona M. Ulichney Scholarship
Elizabeth Richards Umphred Scholarship
Anne Louise Wittman ’56 Scholarship

Annual Scholarships

Georgia Slocum Cornell Scholarship
Coughlin Family Scholarship
DuPont Academic Chemistry Scholarship
DuPont Academic Biochemistry Scholarship
Mary Louise Faber Annual Scholarship
Jean Tyrell Weinberg ’52 Nursing Scholarship