by our College Data Analytics TeamMost 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 price of attendance at Pennsylvania State University-Penn State York can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Penn State York offer you, and what will you qualify for? Read on for more information. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Pennsylvania State University-Penn State York.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Pennsylvania State University-Penn State York, 86% of first-time, full-time freshmen received some form of financial aid around 155 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $8,756 |
| Institutional grants & scholarships | 79% | $5,134 |
| Federal Pell grants | 28% | $5,688 |
| State/local grants | 28% | $4,461 |
| Federal student loans | 46% | $5,043 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Penn State York, some 76% of undergraduates were awarded an average grant or scholarship of $8,575 (across roughly 531 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $8,575 |
| Federal Pell grants | 30% | $5,402 |
| Federal student loans | 49% | $6,119 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,779.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,572 |
| $30,001 – $75,000 | $14,490 |
| Over $75,000 | $23,255 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,047 |
| Off-campus title-IV students | $18,922 |
To project your own net price, use Penn State York’s online cost calculator: tuition.psu.edu/student-tuition-calculators.
The middle student in the debt distribution at Penn State York owes $19,500 in federal 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Penn State York.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| 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 York.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Penn State York:
| Metric | Value |
|---|---|
| Stafford loan recipients | 238368 |
| Total Stafford loan amount | $4,885,479,531 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 28 |
| Total GI Bill amount | $377,630 |
| Average GI Bill amount per recipient | $13,487 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $9,000 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.