100% of first-time, full-time students received financial aid in 2012-21

Starting the Financial Aid Process

Wondering how you’re going to pay for your education? You’re not alone.  At Gwynedd Mercy University, we’re committed to making the financial aid process as easy to navigate as possible. That way, you can feel confident that a Gwynedd Mercy University education is within your reach.

Qualifying for Financial Aid

Did you know that 100 percent of our first-time, full-time students received some form of financial aid in 2019-2020? It's true! While part-time students taking at least six credit hours per semester may be considered for state and federal aid funds, institutional aid is reserved for full-time undergraduate students seeking their first bachelor's degree. Institutional scholarships are offered to both qualifying incoming freshmen and transfer students.  

Applying for Aid

STEP 1: Complete the Free Application for Federal Student Aid (FAFSA). Great news! You can now have the option of completing your FAFSA on your smartphone by downloading the myStudentAid app in the Apple App Store (iOS) or Google Play (Android). 

The Prior Prior Year FAFSA, which is available beginning October 1st, will be used to determine your eligibility for federal and institutional need-based aid for the 2021-2022 academic year. Have questions? Check out GMercyU's FAFSA Quick Tips (PDF) or check out this video below: 

FAFSA Filing Deadlines for the 2021-2022 Academic Year : 

  • December 1    Priority Deadline for new students seeking a Presidential, Cristo Rey or E-Stem scholarship
  • March 1    Priority Deadline for all other new students (extended from February 15).  First-time students who submit their FAFSA by this date will be eligible to receive a $1,000 FAFSA submission grant.
  • March 15     Priority Deadline for returning students 
  • May 15       Final deadline for filing the FAFSA if you're interested in receiving a PHEAA grant.

    In order for GMercyU to provide you with a financial aid package, you will need to include our FAFSA code on your FAFSA submission.  

    GMercyU's School code is: 003270

    NOTE:  If you are not planning to file the FAFSA, please let your admissions counselor or the Office of Financial Aid know right away.  That way we can issue a financial aid offer letter that includes any institutional merit or other scholarship aid offered to you, along with your cost of attendance.

    STEP 2: Complete the appropriate Gwynedd Mercy University financial aid application. 

    STEP 3: Submit requested documentation (for example, federal tax returns or W-2 forms).  

    IMPORTANT TIP:  Most communication will be sent to the email address provided on your FAFSA.  Please check that email regularly so you can respond to questions and/or requests for additional documentation. Once students are formally enrolled at the university, all communication will be through your GMercyU email account.

    STEP 4: Submit FERPA consent form (PDF), which gives us permission to speak with specific people regarding your financial aid.

    STEP 5: Review financial aid offer letter and financial aid terms and conditions (PDF), submit a signed copy of the offer letter to us, and keep a copy for your records. 

    While our financial aid staff is available to answer any questions you may have along the way, we can’t evaluate and issue a package based on an incomplete application. Please be sure to provide all the documentation requested.

    FAFSA Verification

    If you have been selected to undergo the federal verification process, you must promptly submit additional tax documentation:

    If you have any questions regarding the verification requirements, please contact the Financial Aid Office by emailing financialaid@gmercyu.edu.

    Your Aid Offer

    You will receive a letter detailing any aid for which you are eligible. Our aid packages account for tuition, fees, room, board, books, supplies, transportation, and miscellaneous expenses.

    A typical aid package includes grants or scholarships, a low-interest student loan, and campus employment (up to 15 hours per week). Undergraduates will likely receive the same amount all four years as long as you reapply annually, you continue to meet all conditions of the offer, and your need remains essentially unchanged. 

    Any outside aid you receive (like a scholarship from a local organization) may impact your offer.

    Federal Direct Loan Recipients

    If you are receiving Federal Direct Loans for the first time, you must complete the entrance counseling and master promissory note before you can receive loan funds.

    Please reference this Closing the Gap brochure for more alternative financing information.

    Family Circumstances

    Some important information for families:

    Even if you do not qualify for aid as an entering student, you may become eligible if there is a change in family circumstance (for example, a sibling starting college).

    In the case of a dependent child in your family going to college at least half-time for at least one semester, the calculated parental contribution is divided equally between each child.

    If your parents are divorced, the FAFSA only requires financial information for your custodial parent (and step-parent, if applicable).

    As an undergraduate, you can only be considered a self-supporting dependent student if you are 24, married, a veteran, have a dependent other than a spouse, or are an orphan or ward of the court.

    Contact Us

    Main Campus undergraduate and graduate students

    Email: financialAid@gmercyu.edu
    Phone: 215-646-7300 ext. 21216
    Fax: 215-641-5556
    Monday – Thursday: 8 a.m. - 5 p.m.
    Friday: 8 a.m. - 4 p.m.

    Mailing address:
    Gwynedd Mercy University
    ATTN: Student Financial Aid Office
    1325 Sumneytown Pike
    P.O. Box 901
    Gwynedd Valley, PA 19437

    Online/Accelerated Undergraduate and Graduate Students

    Email: accelerate@gmercyu.edu
    Phone: 877-499-6333 (toll-free)
    Fax: 215-643-9104
    Monday – Friday: 8 a.m. – 7 p.m.

    Mailing address:
    Gwynedd Mercy University
    ATTN: Non-Term Programs
    1325 Sumneytown Pike
    P.O. Box 901
    Gwynedd Valley, PA 19437