What is in an Average Financial Aid Plan at Penn State University Park
Pennsylvania State University - University Park's normal financial aid deal for newly arriving freshmen is $20,563. Approximately 47.0% of first year students get some form of financial aid, the majority of which is in the form of loans.
Financial aid helps lower the cost, or the "sticker" price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
Uneasy about the debt that may be part of your financing deal? View the average amount of debt per student at Penn State University Park.
How Much Aid Is Available That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
The stats below refer to aid that is supplied by Pennsylvania State University - University Park.
31.0% of incoming freshmen (2,641 total) were awarded scholarships at Pennsylvania State University - University Park, averaging $7,736 a piece. This puts it in the middle 20th percentile of all schools in the country.
As well as scholarships, 13.0% of freshmen (1,125 total) received a federal grant, averaging $4,713 per person.
View the usual amount of scholarships and grants first years receive by checking out the chart below.
Scholarships are awarded due to special ability or merit, while grants are need based.
Amount of Financial Assistance Per Family Income
The chart below displays scholarship and grant allocations by family income for first year students getting any form of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||15.2%||$1,341|
Financial aid from the government in the form of loans, grants, and work-study is referred to as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Students Average $6,357
26,157 Penn State University Park undergrads receive grants (this is about 63.0% of the complete student body). The usual amount these students receive is $6,357
Financial Aid Links from Pennsylvania State University - University Park
|Financial Aid Department Website||studentaid.psu.edu/|
|Net Price Calculator||tuition.psu.edu/CostEstimate.aspx|