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  • Pennsylvania State University - University Park/
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Pennsylvania State University - University Park
University Park, Pennsylvania
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Can You Afford Pennsylvania State University - University Park?

Concerned about paying for college? Take a look at Penn State University Park's financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2019 - 2020 Varied Between $24,196 & $54,026

Worried about paying the full cost of $54,026 to attend Pennsylvania State University - University Park? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Pennsylvania, the university offers a discount of 48.0% off tuition and fees. Also, 50.4% of freshmen receive some form of financial aid, with the average amount totaling $8,678. Students from low-income families receive an average of $12,766 in aid during their first year.

  • Pennsylvania Residents
  • Out-Of-State Residents

Cost for Residents of Pennsylvania (no aid)

Tuition and fees$18,450
+ Room and board$11,884
+ Other expenses$6,628
Total cost$36,962
Affordability Score (28 out of 100)
more expensive
less expensive

Net Price for Residents of Pennsylvania (with average aid)

Total cost$36,962
- Grants and scholarships$8,678
Net price$28,284
Affordability Score (16 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Pennsylvania

Total cost$36,962
- Grants and scholarships$12,766
Net price$24,196
Affordability Score (17 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$35,514
+ Room and board$11,884
+ Other expenses$6,628
Total cost$54,026
Affordability Score (12 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$54,026
- Grants and scholarships$8,678
Net price$45,348
Affordability Score (1 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$54,026
- Grants and scholarships$12,766
Net price$41,260
Affordability Score (1 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Penn State University Park.

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Projected Costs Between $103,469 and $328,195 For a Four Year Degree. Between $50,751 and $159,663 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Pennsylvania State University - University Park in 2019 - 2020 was $36,962. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.6% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $38,184 during their first year. By their senior year, that cost will be approximately $40,094, for a bachelor degree candidate ($38,811 for an associate degree candidate) for a total of $156,536 over the course of four years ($76,995 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $237,656 based on a yearly growth rate of 2.7%. The expected two-year cost is $115,617.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Pennsylvania State University - University Park
  • Pennsylvania Residents
  • Out-Of-State Residents

Cost With Interest for Residents of Pennsylvania

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*1.8%1.6%
Freshman year$25,134$29,329$38,184
Senior year$25,617$29,865$38,811
Total 2-year net price$50,751$59,194$76,995
10-year loan interest @ 6.8%$19,334$22,551$29,332
Total monthly payment$584$681$886
Total amount paid$70,085$81,745$106,327
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*1.8%1.6%
Freshman year$25,134$29,329$38,184
Senior year$26,610$30,968$40,094
Total 4-year net price$103,469$120,574$156,536
10-year loan interest @ 6.8%$39,418$45,934$59,634
Total monthly payment$1,191$1,388$1,801
Total amount paid$142,887$166,509$216,170

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.8%2.7%
Freshman year$43,773$47,960$57,027
Senior year$45,086$49,322$58,590
Total 2-year net price$88,859$97,283$115,617
10-year loan interest @ 6.8%$33,852$37,061$44,046
Total monthly payment$1,023$1,120$1,331
Total amount paid$122,711$134,344$159,663
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.8%2.7%
Freshman year$43,773$47,960$57,027
Senior year$47,832$52,164$61,844
Total 4-year net price$183,129$200,170$237,656
10-year loan interest @ 6.8%$69,765$76,257$90,538
Total monthly payment$2,107$2,304$2,735
Total amount paid$252,894$276,427$328,195

Visit net price and financial aid to learn more about the total cost of attending Pennsylvania State University - University Park.

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?
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