by our College Data Analytics TeamA large number of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Pennsylvania State University-Penn State Great Valley can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Penn State Great Valley provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Pennsylvania State University-Penn State Great Valley.
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.
The median federal debt load at Penn State Great Valley comes to $19,500 of federal student 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Penn State Great Valley.
| 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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $20,000 |
| High income | $19,700 |
First-Generation Comparison
| 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 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Penn State Great Valley.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Penn State Great Valley:
| Metric | Value |
|---|---|
| Stafford loan recipients | 238368 |
| Total Stafford loan amount | $4,885,479,531 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $126,353 |
| Average GI Bill amount per recipient | $15,794 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,500 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.