FAQs

Who can apply for a Federal Parent PLUS loan?

Direct PLUS loans are available to parents of dependent undergraduate students who meet general federal student aid eligibility requirements, including having a valid Social Security number and not being in default on other federal loans.  Applicants must also not have an adverse credit history and they will need to complete the FAFSA application to be considered.  Biological parents, adoptive parents, or stepparents (who are still married to the biological parent) can apply for a Parent [...]

2025-10-21T11:49:52-04:00October 21st, 2025|

What is a 1098-T tax form and how do I get a copy?

IRS Form 1098-T is an informational form. Per IRS regulations, this form is provided by the college to help students determine eligibility for educational tax credits, such as The American Opportunity Credit or the Lifetime Learning Credit. More information can be found regarding IRS Publication 970 at www.irs.gov. Students can opt in to receive their 1098-T form electronically. To receive the form electronically, the student must log into their MyMac Portal page, select the Student Tab, and choose Financial [...]

2024-07-10T09:03:12-04:00May 3rd, 2022||

Does the college offer a payment plan?

A College Payment Plan is available to assist students in meeting their financial obligations. Payment plans can be set up on the MyMAC Portal Page using the Cashnet link or by calling the Business office at 814-886-6368. There is a non-refundable fee of $50.00 for the payment plan. All eligible financial aid, including grants and loans, will be applied prior to calculating the amount due. First installments are due on the initial stated due dates. [...]

2022-03-29T10:20:11-04:00April 26th, 2021||

How do I calculate how much to borrow in a Parent Plus loan or alternative loan?

We encourage students to contact the Business Office at businessoffice@mtaloy.edu or 814-886-6368 to have an estimate prepared by our staff for the academic year. You can contact our office anytime for an estimate, but to receive the most accurate estimate it is best to have your financial aid award and be registered for the upcoming semester.

2021-04-26T15:32:09-04:00April 26th, 2021||

How can I use my aid and/or loans to get books?

In the event that a student’s aid and/or loans exceed the cost of tuition and fees charged to a student’s account, a student can contact the Business Office to get a Bookstore Voucher to use in the college’s Bookstore. This voucher cannot exceed the amount of the credit available on the student’s account. To be eligible, the student’s financial aid file must be complete and have no conflicting or missing information. For example, verification (if [...]

2021-04-26T15:28:51-04:00April 26th, 2021||

I am expecting a refund check, when will I get it?

In the event that a student’s aid and/or loans exceed the cost of tuition and fees charged to a student’s account, the college will issue a refund. Refunds are issued after the college officially receives the funding. Depending on the funding sources, this could take 8-10 weeks after the semester starts. Some students may receive multiple checks as the Business Office issues the refunds as the funding is received. If the college is waiting for [...]

2022-10-31T15:15:18-04:00April 26th, 2021||

When is tuition due?

Tuition is generally due the week before the semester starts. However, you will receive a postcard from the Business Office with your official due date on it.

2021-04-26T15:26:44-04:00April 26th, 2021||

How do I pay my tuition?

Mount Aloysius College accepts checks, money orders, debit/credit cards, and cash in the Business Office. The Business Office is located in the Administration Building in Room 124. There is a night depository located in the hallway beside Room 123. Checks/money orders should be made payable to “Mount Aloysius College” or “MAC”. Checks/money orders can be mailed to the Business Office at 7373 Admiral Peary Hwy; Cresson, PA 16630. Payments can also be made online using [...]

2025-11-11T13:59:57-05:00April 26th, 2021||
This website uses cookies and third party services.