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July 2014

Mercy College of Ohio announces new president

Carl Barnard, Chairperson, Board of Trustees for Mercy College of Ohio, and Brian Smith, Executive Vice President, Networks, Catholic Health Partners (CHP), announced today the appointment of Susan C. Wajert, PhD, MSN, MBA, RN, as the next President and CEO of Mercy College. James Harter, Vice President of Administrative Services, will remain as interim president until Dr. Wajert begins her position on August 4.

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Interest Rate Change for New Direct Loans effective July 1, 2014

New loans made on or after July 1, 2014 through June 30, 2015, will have interest rates that are based on the 10-year Treasury note rate of 2.610, as follows.
• 4.66% for Stafford loans to undergraduate students, based on the 10 year Treasury note rate plus 2.05%
• 6.21% for Stafford loans to graduate students, based on the 10 year Treasury note rate plus 3.6%
• 7.21% for Parent PLUS and Graduate PLUS loans, based on the 10 year Treasury note plus 4.6%
For more information, please visit http://www2.ed.gov/offices/OSFAP/DirectLoan/calc.html
 

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