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Pennsylvania State University-Penn State Hazleton Paying for Your Degree

94% Freshmen Get Financial Aid
$12,166 Average Grant & Scholarship
85% Undergrads Get Grant Aid

A lot of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Pennsylvania State University-Penn State Hazleton can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financial aid options can Penn State Hazleton offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.

Importance of Penn State Hazleton Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Pennsylvania State University-Penn State Hazleton.

Freshman Financial Aid at Pennsylvania State University-Penn State Hazleton

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.

For freshmen starting at Pennsylvania State University-Penn State Hazleton, 94% of entering full-time freshmen got some type of financial assistance roughly 188 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$12,532
Institutional grants & scholarships88%$8,380
Federal Pell grants43%$5,710
State/local grants35%$4,542
Federal student loans61%$5,299

Free Money: Grants and Scholarships at Pennsylvania State University-Penn State Hazleton

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Penn State Hazleton, around 85% of undergraduates were awarded an average grant or scholarship of $12,166 (across approximately 435 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$12,166
Federal Pell grants43%$5,844
Federal student loans60%$6,136

For students living on campus and receiving title-IV aid, grants averaged $12,080.

What Families Pay by Income at Pennsylvania State University-Penn State Hazleton

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$15,652
$30,001 – $75,000$17,291
Over $75,000$25,377

Each amount is the average cost remaining once grant aid is subtracted, by income band.

The Real Cost of Attending Pennsylvania State University-Penn State Hazleton

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$17,597
Off-campus title-IV students$20,062

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

Typical Student Debt at Pennsylvania State University-Penn State Hazleton

A typical borrower at Penn State Hazleton leaves with $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

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Penn State Hazleton.

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

Student Debt by Cohort at Pennsylvania State University-Penn State Hazleton

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

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

By First-Generation Status

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

Dependency-Status Comparison

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

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Penn State Hazleton.

Federal Loan Volume at Pennsylvania State University-Penn State Hazleton

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Penn State Hazleton:

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

GI Bill and DoD Benefits at Pennsylvania State University-Penn State Hazleton

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

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients14
Total GI Bill amount$198,410
Average GI Bill amount per recipient$14,172

DoD program volume

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$1,500
Average DoD amount per recipient$1,500

Pennsylvania State University-Penn State Hazleton Financial Aid Resources

References

More about our data sources and methodologies.

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