Cool Stars 14 - Submitted Abstract # 205 This version created on 05 October 2006 Serpens: Spitzer and Chandra Observations of a Nearby Region of Star Formation. Elaine Winston, Harvard-Smithsonian CfA S. Thomas Megeath, University of Toledo Scott Wolk, Harvard-Smithsonian CfA James Muzerolle, University of Arizona Rob Gutermuth, Harvard-Smithsonian CfA J Hora, Harvard-Smithsonian CfA Lori Allen, Harvard-Smithsonian CfA Brad Spitzbart, Harvard-Smithsonian CfA G.G. Fazio, Harvard-Smithsonian CfA We present combined Spitzer and Chandra observations of the nearby (~ 260 pc) low mass star-forming region in the Serpens Cloud Core. We include observations from the IRAC and MIPS instruments onboard Spitzer to view the region at infrared wavelengths from 3 to 70 microns. These data allow us to detect thermal emission from circumstellar disks and protostellar envelopes, and to classify stars with disks and protostars using both colour-colour diagrams and spectral energy distributions (SEDs). These data are combined with Chandra data to examine the effects of circumstellar disks on the X-ray properties of the star. The increased X-ray emission from pre-Main Sequence stars also provides a method of identifying young diskless stars in the cluster. We have identified 138 young stellar objects in Serpens, 62 of which are found to have X-ray emission (45%); 20 Class I and 18 Flat Spectrum protostars, 62 Class II and 17 Transition disk young stellar objects, and 21 Class III Weak-Line T Tauri stars. ----------------------------------