Tuition & Fee Payment Policy at Gwynedd Mercy University
Due Dates and Statement Information
Spring 2014- tuition due 1/7/2014
Statements for Spring 2014 will be available beginning November 22, 2013. The University will send one paper statement to your home. All other statements will be updated to your self-service account. If someone other than yourself, for example, your parents are paying your tuition then it is your responsibility to provide a copy of your invoice or give them parent access to your self service account.
Statements are updated on the 2nd and 4th Friday of each month to reflect payments, financial aid disbursements and adjustments. You can access your billing statements through self-service under the finances tab. You may view a statement which is a snap shot of that day or view your live balance under balances.
Payments are accepted by mail, in person (at Campbell Hall), or online . Gwynedd Mercy University accepts cash, checks, money orders, and credit cards. Make all checks/money orders payable to Gwynedd Mercy University. The Bursar’s office will honor Master Card and VISA with a minimum payment of $20.00. Gwynedd Mercy University reserves the right to apply late fees to any student account that is not paid in full by the due date.
Please send payments to:
Gwynedd Mercy University
1325 Sumneytown Pike
PO Box 901
Gwynedd Valley, PA 19437-0901
As a service to our students and their families, a tuition payment plan is available for the Fall and Spring semesters. The plan is administered by Sallie Mae and allows you to stretch each semester's balance over 4 payments. You must enroll each semester. For information on the payment plan, please contact Sallie Mae at 1-800-635-0120 or visit www.tuitionpayenroll.com . the University does not offer any payment plan other than Tuition Pay through Sallie Mae. Students must be regitered for a minimum of 6 credits per semester to participate in the Sallie Mae Tuition Payment Plan.
A student who is financially delinquent shall forfeit the privilege of attending classes, and the University will withhold grades, transcripts, and diploma/certificate until such indebtness is paid. Students are not permitted to register for the next semester unless all outstanding debts, e.g., tuition, library fines, etc., are resolved. All debts must be resolved prior to registration and before graduation regardless of pending financial aid . Diplomas and transcripts will not be issued to any student with an outstanding debt.
Pending Financial Aid is not considered payment. Student accounts that are not resolved by the end of a semester will be placed with a collection agency. The student will be responsible for the full amount due to the University plus all associated collection and legal costs.
Resident Students-Please Note:Room lottery deposits and room reservation deposits will not be accepted or processed for any student that has an outstanding balance on his/her student account.
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 must be furnished to the Bursar's Office. Ten percent (10%) of the tuition is then required at the registration, and the balance is due prior to the end of class/classes. For summer classes, tuition is payable in full at time of registration.
Right to adjust costs for New and Current Students
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.