Undergraduate Financial Aid
Misericordia's participation in federal and state financial aid programs, use of institutional resources, and contributions by alumni and friends, has helped students afford a superior college education.
We understand that everyone’s financial situation is unique and there are no one-size-fits-all solutions. Each applicant’s financial aid package is dependent on multiple factors including but not limited to academic accomplishments and financial need. Misericordia does not offer aid based on special talents, interests, or athletic ability.
Download the 2024-2025 Guide for Financing Your Misericordia Education
Full-time Undergraduate Scholarships and Grants
The scholarships below reflect the institutional policies for the 2024-2025 academic year.
The maximum award for any combination of scholarships and grants is the annual full-time undergraduate tuition.
- Traditional Full-time Institutional Scholarships
- Transfer Full-time Institutional Scholarships
- Federal and State Grants
- Outside/External Scholarships
- Renewal of Aid
Traditional Full-time Institutional Scholarships
The Sister Mary Glennon '62 Full Tuition Scholarship Eligible students must have a 3.7 GPA, or be ranked in the top 5% of class, and will take part in an essay writing competition (held on several days in late January/early February), and the top scoring students will return to campus in late February for an interview with committee members. Students who receive a SMG scholarship are required to reside in on-campus housing for two academic years Click here to learn more about the Sister Mary Glennon '62 Full-Tuition Scholarship
Merit Scholarship To demonstrate its commitment to academic excellence, the University offers financial assistance to incoming freshmen who have attained outstanding academic records. The annual scholarships are renewable until graduation, provided minimum grade point averages (2.75 at the conclusion of the spring semester), satisfactory academic progress, and full-time enrollment are maintained. The minimum averages required for retention of the scholarship are outlined in the scholarship notification letter. Annual amounts range from $10,000 to $25,000 (these amounts include the University’s Residential Grant for students living on campus). Students are automatically given scholarship consideration at time of admission.
Misericordia Success Grant To demonstrate its commitment to academic success, the University offers a non-need based grant to incoming first year students who show determination and have academic promise. The annual grant is renewable until graduation, provided satisfactory academic progress and full-time enrollment is maintained. The grant is offered in the amount of $13,000. Students are automatically given consideration of this grant at time of admission.
Residential Grant (students entering 2024-2025) This non-need based grant of $3,000 is given to a student who will reside in on-campus housing. Students who receive this grant must maintain satisfactory academic progress, full-time enrollment, and maintain on-campus residency.
Non Pennsylvania Resident Grant This need-based grant is given to students who resides outside of Pennsylvania and are living on campus. This annual grant is renewable provided on-campus residency. Students who receive the Non-PA Grant must maintain satisfactory academic progress and file the FAFSA form each year.
Alumni Legacy Incoming full-time students who are the children or grandchildren of Misericordia University alumni will receive a $1,000 annual scholarship.
Alumni Referral Award Incoming students who have indicated (by name) on their application for admission that they have been encouraged to apply by a Misericordia University Alumni will receive a $500 annual scholarship.
Sibling Grant A non-need-based grant of $1,000 per year is available when two or more eligible siblings are concurrently enrolled full time (charged flat rate tuition) at the institution. Scholarship is given to the eldest sibling. If more than two siblings are enrolled, the eldest sibling(s) will receive the Sibling Grant.
Mission Grant Through its own fund-raising effort, Misericordia University provides substantial financial assistance to students who demonstrate significant financial need through need-based Mission Grants. These need-based grants help over 65 percent of Misericordia students meet their University costs. These grants are available to undergraduate full-time students with demonstrated financial need. Grants range yearly depending on need, total cost of attendance, available funds, and other aid received by the student. Students who receive the Mission Grant must maintain satisfactory academic progress, full-time enrollments, and file the FAFSA form each year. Changes in Housing status will impact a student's eligibility, which is determined each year.
Charlotte W. Newcombe Foundation
Newcombe Scholarship eligibility requirements:
- Man or Woman, age 25 or older
- Minimum Grade Point Average (GPA) of 2.5
- Demonstrated financial need
- Enrolled full time or part time in a traditional or accelerated undergraduate program
- Completed at least half of the credits towards degree program
Endowed Scholarships Individuals and businesses close to Misericordia University sponsor scholarships which are available to qualified students.
A complete listing of endowed scholarships is available In the University Catalog.
Transfer Full-time Institutional Scholarships
Merit Scholarship To demonstrate its commitment to academic excellence, the University offers financial assistance to incoming transfers who have attained outstanding academic records. The annual scholarships are renewable until graduation, provided minimum grade point averages, full-time enrollment, and satisfactory academic progress are maintained. The minimum averages required for retention of the scholarship are outlined in the scholarship notification letter. Annual scholarship amounts range from $7,000 to $13,000 (these amounts include the University’s Residential Grant for students living on campus). Students are automatically given scholarship consideration at time of admission.
Misericordia Success Grant To demonstrate its commitment to academic success, the University offers a non-need based grant to incoming transfer students who show determination and have academic promise. The annual grant is renewable until graduation, provided satisfactory academic progress and full-time enrollment is maintained. The grant is offered in the amount of $5,000. Students are automatically given consideration of this grant at time of admission.
Residential Grant (students entering 2024-2025) This non-need based grant of $3,000 is given to a student who will reside in on-campus housing. Students who receive this grant must maintain satisfactory academic progress, full-time enrollment, and maintain on-campus residency.
Non Pennsylvania Resident Grant This need-based grant is given to students who resides outside of Pennsylvania and are living on campus. This annual grant is renewable provided on-campus residency. Students who receive the Non-PA Grant must maintain satisfactory academic progress and file the FAFSA form each year.
Misericordia Transfer Award Transfer students who have earned an Associate’s Degree from Lackawanna College or Keystone College receive a $1,000 annual award. Transfer students who have earned an Associate’s Degree from Luzerne County Community College receive a $4,000 annual award.
Phi Theta Kappa Transfer students who provide proof of membership to Phi Theta Kappa receive a $1,000 annual grant.
Alumni Legacy Incoming full-time students who are the children or grandchildren of Misericordia University alumni will receive a $1,000 annual scholarship.
Sibling Scholarship A sibling scholarship of $1,000 per year is available when two or more eligible siblings are concurrently enrolled full time (charged flat rate tuition) at the institution. Scholarship is given to the eldest sibling. If more than two siblings are enrolled, the eldest sibling(s) will receive the Sibling Scholarship.
Charlotte W. Newcombe Foundation
Newcombe Scholarship eligibility requirements:
- Man or Woman, age 25 or older
- Minimum Grade Point Average (GPA) of 2.5
- Demonstrated financial need
- Enrolled full time or part time in a traditional or accelerated undergraduate program
- Completed at least half of the credits towards degree program
Endowed Scholarships Individuals and businesses close to Misericordia University sponsor scholarships which are available to qualified students.
A complete listing of endowed scholarships is available In the University Catalog.
Federal and State Grants
FEDERAL GRANTS
Federal Pell Grant - This federal program provides need-based grants depending on financial need and educational costs. Students who have not yet completed their first undergraduate degree may be eligible. Eligibility is determined by filing the "Free Application for Federal Student Aid."(FAFSA) All students who seek financial aid from Misericordia University are considered for this grant by filing the FAFSA each academic year.
Supplemental Educational Opportunity Grant - This federal program provides need-based grants to undergraduate students with the highest demonstrated financial need. Grants range from $250 to $500 yearly depending on need, available funds and other aid received by the student. Eligibility for these funds is automatically evaluated each academic year for all students who complete the FAFSA.
Teacher Education Assistance for College and Higher Education (TEACH) Grant - The TEACH Grant is a program designed for Education majors enrolled in the high need fields of Special Education, Mathematics, Biology, Chemistry and English as a second language. Incoming first year applicants must have achieved a 3.25 high school grade point average (GPA). Current students must maintain a 3.25 GPA. A TEACH Grant recipient must serve as a full-time teacher in a low-income school for at least four academic years within eight years after completing the course of study. Otherwise, the grant will convert to a Direct Unsubsidized Stafford Loan that must be repaid. The annual award is $4,000, with aggregates not to exceed $16,000 for undergraduates or $8,000 for graduate students.
As required by the Budget Control Act of 2011 (the sequester law), any TEACH Grant where the first disbursement is on or after October 1, 2021 and before October 1, 2022 requires a reduction of 5.7 percent from the award amount for which the student would otherwise have been eligible.
For more information on the TEACH Grant Eligibility and Requirements, please Click Here.
State Grants
Pennsylvania State Grant (PA State Grant) - The Pennsylvania Higher Education Assistance Agency (PHEAA) determines eligibility and awards need-based grants to Pennsylvania residents. To be considered for a Pennsylvania (PA) State Grant, you must fill out the FAFSA and complete the PA State Grant Form by May 1st of each year. Renewal students may not have to complete the PA State Grant Form. Grant status can be verified at www.pheaa.org or by calling 1-800-692-7392.
In addition to the PA State Grant, PHEAA offers educational aid to eligible students. Explore the other aid programs that provide funding for higher education.
Other State Grants - Many states provide grants to their residents which can be used at colleges in other states. Prospective students should contact their high school guidance office or their state higher education office to learn more about their state programs and to obtain applications.
Outside/External Scholarships
Outside Scholarships Many students receive scholarships and/or tuition benefits from outside private and non-profit institutions, corporations, or organizations.
In our experience, students have the most success receiving outside scholarships from organizations they already know. We recommend you start your search by finding out what scholarships may be offered by:
- Your high school
- Clubs or organizations where you are a member
- Your employer or that of your parent(s)
- Other local opportunities in your area (competitions, essays, etc.)
Scholarship checks received by our office will be divided equally to tuition between fall and spring semesters unless otherwise indicated in writing by the donor. It’s important to notify the Student Financial Services office of any outside scholarships you receive along with supporting documentation of the scholarship.
All scholarship checks should be sent directly to:
Misericordia University Attention Student Financial Services 301 Lake St. Dallas, PA 18612Scholarship Search Websites Students can expand their scholarship search to the web. These searches are free. Please use caution and never pay for a scholarship search. The list below can help you start your search for outside scholarships:
Renewal of Aid
Merit scholarships are renewed annually provided the student maintains a minimum cumulative grade point average (GPA) of 2.75. All other institutional scholarships are renewed annually pro-vided the student demonstrates satisfactory academic progress and is enrolled full-time, unless otherwise notified at time the scholarship is received. Students receiving a Resident Grant or Housing Stipend must meet the conditions above and remain in on-campus housing to renew the scholarship.
Need-based federal, state, and institutional financial aid is re-evaluated and renewed each academic year providing the student:
- Submits a FAFSA form and meet basic eligibility requirements
- (Pennsylvania Residents May 1st Deadline)
- Demonstrates financial need
- Maintains satisfactory academic progress
Part Time Undergraduate Financial Aid
Download the Part time and Non Traditional Financial Aid Booklet
Part Time Scholarships and Grants
*The maximum award for any combination of institutional scholarships and grants is the cost of tuition. Gift aid cannot be applied towards fees*
Alumni Discount
Alumni may qualify for tuition discounts based on their continued program of study. Contact the Student Financial Services Office at 570-674-6222 or email finaid@misericordia.edu for details.
Charlotte W. Newcombe Foundation
Newcombe Scholarship eligibility requirements:
- Man or Woman, age 25 or older
- Minimum Grade Point Average (GPA) of 2.5
- Demonstrated financial need
- Enrolled full time or part time in a traditional or accelerated undergraduate program
- Completed at least half of the credits towards degree program
Federal Pell Grant - This federal program provides grants depending on financial need and educational costs. Students who have not yet completed their first undergraduate degree may be eligible. Eligibility is determined by filing the "Free Application for Federal Student Aid."(FAFSA) All students who seek financial aid from Misericordia University are considered for this grant by filing the FAFSA.
Pennsylvania State Grant (PA State Grant) - The Pennsylvania Higher Education Assistance Agency (PHEAA) determines eligibility and awards grants to Pennsylvania residents. To be considered for a Pennsylvania (PA) State Grant, you must fill out the FAFSA and complete the PA State Grant Form by May 1st of each year. Grant status must be verified at www.pheaa.org or by calling 1-800-692-7392.
In addition to the PA State Grant, PHEAA offers educational aid to eligible students. Explore the other aid programs that provide funding for higher education.
Other State Grants - Many states provide grants to their residents which can be used at colleges in other states. Prospective students should contact their high school guidance office or their state higher education office to learn more about their state programs and to obtain applications.