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Pennsylvania State University-Penn State Harrisburg Financial Aid Details

72% Freshmen Get Financial Aid
$10,737 Average Grant & Scholarship
63% Undergrads Get Grant Aid

The majority of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Pennsylvania State University-Penn State Harrisburg can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does Penn State Harrisburg deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will be open to you.

Understanding Penn State Harrisburg Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Pennsylvania State University-Penn State Harrisburg.

Typical First Year Financial Aid at Pennsylvania State University-Penn State Harrisburg

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Looking at the entering class at Pennsylvania State University-Penn State Harrisburg, 72% of the incoming full-time class was awarded financial aid approximately 869 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)63%$9,245
Institutional grants & scholarships58%$5,906
Federal Pell grants26%$5,769
State/local grants16%$4,883
Federal student loans40%$5,080

Scholarship and Grant Awards at Pennsylvania State University-Penn State Harrisburg

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Penn State Harrisburg, around 63% of undergrads got grants or scholarships worth on average $10,737 (across approximately 2634 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)63%$10,737
Federal Pell grants26%$5,716
Federal student loans41%$6,214

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,191.

Aid by Income Level at Pennsylvania State University-Penn State Harrisburg

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$16,532
$30,001 – $75,000$19,471
Over $75,000$28,840

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at Pennsylvania State University-Penn State Harrisburg

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$23,330
Off-campus title-IV students$23,478

For a customized cost estimate, visit Penn State Harrisburg’s NPC: tuition.psu.edu/student-tuition-calculators.

Median Student Debt for Graduates of Pennsylvania State University-Penn State Harrisburg

The middle student in the debt distribution at Penn State Harrisburg owes $19,500 of federal student loans.

MetricAmount
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

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Where Student Debt Falls

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Penn State Harrisburg.

PercentileCumulative 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 by Student Group at Pennsylvania State University-Penn State Harrisburg

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$19,000
Middle income$20,000
High income$19,700

First-Generation Comparison

CohortMedian federal debt
First-generation students$19,500
Continuing-generation students$19,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$19,500
Independent students$19,486

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Penn State Harrisburg.

Federal Stafford Lending at Pennsylvania State University-Penn State Harrisburg

The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Penn State Harrisburg:

MetricValue
Stafford loan recipients238368
Total Stafford loan amount$4,885,479,531

Aid for Military-Affiliated Students at Pennsylvania State University-Penn State Harrisburg

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients133
Total GI Bill amount$1,830,678
Average GI Bill amount per recipient$13,764

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients18
Total DoD amount$59,569
Average DoD amount per recipient$3,309

External Resources for Pennsylvania State University-Penn State Harrisburg

References

More about our data sources and methodologies.

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