by our College Data Analytics TeamA lot 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 Shenango can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Penn State Shenango provide, and just what are you going to be eligible for? Read on for answers. Keep reading to discover 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 Shenango.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Pennsylvania State University-Penn State Shenango, 97% of the incoming full-time class was awarded financial aid around 67 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $8,962 |
| Institutional grants & scholarships | 97% | $5,962 |
| Federal Pell grants | 38% | $4,918 |
| State/local grants | 33% | $3,135 |
| Federal student loans | 62% | $4,888 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 94% of undergraduates were awarded an average grant or scholarship of $9,593 (among about 313 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $9,593 |
| Federal Pell grants | 39% | $5,096 |
| Federal student loans | 44% | $5,881 |
On-campus students receiving title-IV aid were awarded grants averaging $8,726.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,910 |
| $30,001 – $75,000 | $13,657 |
| Over $75,000 | $21,072 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,095 |
| Off-campus title-IV students | $14,259 |
For a personalized estimate based on your family’s financial situation, use Penn State Shenango’s online cost calculator: tuition.psu.edu/student-tuition-calculators.
A typical borrower at Penn State Shenango leaves with $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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Penn State Shenango.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $20,000 |
| High income | $19,700 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $19,486 |
These indicators are derived from the underlying debt data and summarize the overall picture at Penn State Shenango.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Penn State Shenango:
| Metric | Value |
|---|---|
| Stafford loan recipients | 238368 |
| Total Stafford loan amount | $4,885,479,531 |
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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $64,849 |
| Average GI Bill amount per recipient | $10,808 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.