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Pennsylvania State University-Penn State Lehigh Valley Financial Aid & Debt Outcomes

87% Freshmen Get Financial Aid
$8,725 Average Grant & Scholarship
72% Undergrads Get Grant Aid

The majority of students are not billed 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 total cost of going to Pennsylvania State University-Penn State Lehigh Valley can seem overwhelming, but bear in mind that many students are given some form of financial aid.

What financial assistance options will Penn State Lehigh Valley offer you, and what will you qualify for? Read on for more information. Keep going to see how much school funding could be available to you.

Understanding Penn State Lehigh Valley Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Pennsylvania State University-Penn State Lehigh Valley.

Typical First Year Financial Aid at Pennsylvania State University-Penn State Lehigh Valley

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Among first-time, full-time freshmen at Pennsylvania State University-Penn State Lehigh Valley, 87% of entering full-time freshmen got some type of financial assistance some 245 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)80%$9,065
Institutional grants & scholarships73%$4,048
Federal Pell grants38%$6,210
State/local grants36%$4,994
Federal student loans42%$4,683

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

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 72% of undergraduate students received gift aid averaging $8,725 (for some 691 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$8,725
Federal Pell grants35%$5,828
Federal student loans43%$5,852

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,889.

Income-Adjusted Net Price at Pennsylvania State University-Penn State Lehigh Valley

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

Family IncomeAverage Net Price
$0 – $48,000$12,549
$30,001 – $75,000$16,192
Over $75,000$24,138

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What a Degree Really Costs at Pennsylvania State University-Penn State Lehigh Valley

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.

CohortAverage Net Price
On-campus title-IV students$18,220
Off-campus title-IV students$19,324

For a personalized estimate based on your family’s financial situation, use Penn State Lehigh Valley’s official net price calculator: tuition.psu.edu/student-tuition-calculators.

Typical Student Debt at Pennsylvania State University-Penn State Lehigh Valley

The median student at Penn State Lehigh Valley graduates 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

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Penn State Lehigh Valley.

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 Lehigh Valley

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

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

First-Gen vs Continuing-Gen Median Debt

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

By Dependency Status

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

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Penn State Lehigh Valley.

Stafford Loan Activity at Pennsylvania State University-Penn State Lehigh Valley

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Penn State Lehigh Valley:

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

Military and Veterans Aid at Pennsylvania State University-Penn State Lehigh Valley

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients25
Total GI Bill amount$317,059
Average GI Bill amount per recipient$12,682

DoD program volume

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$9,000
Average DoD amount per recipient$4,500

References

More about our data sources and methodologies.

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