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Higher Learning Commission Site Visit: Third Party Comments

Mercy College of Ohio is seeking comments from the public about the college in preparation for its periodic evaluation by its regional accrediting agency. The College will host a Higher Learning Commission site visit team November 2 and 3, 2015. Mercy College of Ohio has been accredited by the Commission since 1995 and has a campus in Toledo, Ohio and a location in Youngstown, Ohio. The team will review the institution’s ongoing ability to meet the Commission’s Criteria for Accreditation. 

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Financial Aid announcement

We are pleased to announce that Sarah Robarge has been promoted to the new role of Financial Aid Officer.  Sarah has been the part-time Financial Aid Secretary for over four years and recently completed her BA degree in May 2014.  Please congratulate Sarah on her new role.

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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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Student Loans “Pay as You Earn” repayment plan information:

Student Loans “Pay as You Earn” repayment plan information:

Your maximum monthly payments will be 10% of discretionary income, the difference between your adjusted gross income and 150% of the poverty guideline for your family size and state of residence (other conditions apply).  Your payment changes as your income changes.  Repayment is up to 20 years. 
For more information, click here to find out who qualifies and how to apply. 
 

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