by our College Data Analytics TeamMost students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Pennsylvania State University-Penn State Fayette- Eberly can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does Penn State Fayette deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Pennsylvania State University-Penn State Fayette- Eberly.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Pennsylvania State University-Penn State Fayette- Eberly, 97% of first-time, full-time freshmen received some form of financial aid (about 114 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $9,644 |
| Institutional grants & scholarships | 87% | $5,108 |
| Federal Pell grants | 41% | $5,212 |
| State/local grants | 33% | $4,825 |
| Federal student loans | 54% | $4,923 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Penn State Fayette, approximately 87% of undergraduates were awarded grant or scholarship aid averaging $11,246 (covering around 364 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $11,246 |
| Federal Pell grants | 39% | $5,166 |
| Federal student loans | 58% | $6,193 |
Title-IV recipients living on campus saw average grant aid of $10,558.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,210 |
| $30,001 – $75,000 | $17,132 |
| Over $75,000 | $23,150 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,596 |
| Off-campus title-IV students | $19,450 |
For an estimate tailored to your family circumstances, see Penn State Fayette’s net price calculator: tuition.psu.edu/student-tuition-calculators.
Graduating students at Penn State Fayette carry a median federal student debt of $19,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Penn State Fayette.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $20,000 |
| High income | $19,700 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $19,486 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Penn State Fayette.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Penn State Fayette:
| Metric | Value |
|---|---|
| Stafford loan recipients | 238368 |
| Total Stafford loan amount | $4,885,479,531 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $125,481 |
| Average GI Bill amount per recipient | $11,407 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.