Financial Aid at Penn State
Financial Aid Amount Received
$11,574 (28.80% of tuition)
Percent of Financial Aid Received
56% of 41,745 students
22,591 undergraduate students (56% of all students) have received grants, scholarships, and/or federal student loans at Pennsylvania State University-Main Campus. The percentage of students who received financial aid lower compared to Public, 4-Years Colleges in Pennsylvania.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $11,574 and the average loan amount is $6,442. The average financial aid amount is 28.80% of tuition & fees based on out-of-state rate (tuition & fees: $40,188).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 22,591 | 56% | $261,464,218 | $11,574 |
| Pell Grants | 5,600 | 14% | $28,531,931 | $5,095 |
| Federal Students Loans | 16,151 | 40% | $104,040,839 | $6,442 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 3,757 students have received one or more types of financial aid at Pennsylvania State University-Main Campus.
The average amount of federal, state, local or institutional grant aid is $10,066 and the average amount of student loans awarded to full-time first-time undergraduate students is $13,414.
The following table shows the financial data by type of aid at Pennsylvania State University-Main Campus.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 5,415 | 63% | - | - |
| Grant or scholarship aid | 3,757 | 44% | $37,816,932 | $10,066 |
| Federal Grants | 2,748 | 32% | $11,394,587 | $4,147 |
| Pell Grants | 1,197 | 14% | $6,037,309 | $5,044 |
| Other Federal Grants | 2,703 | 32% | $5,357,278 | $1,982 |
| State/Local Grants | 810 | 9% | $3,448,952 | $4,258 |
| Institutional Grants | 2,506 | 29% | $22,973,393 | $9,167 |
| Student Loans | 4,019 | 47% | $53,909,116 | $13,414 |
| Federal Student Loans | 3,855 | 45% | $20,639,399 | $5,354 |
| Other Student Loans | 1,268 | 15% | $33,269,717 | $26,238 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Pennsylvania State University-Main Campus.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $15,216,584 | $5,826 |
| 0 - $30,000 | 268 | 267 | $4,711,535 | $17,580 |
| $30,001 - $48,000 | 208 | 206 | $3,134,009 | $15,067 |
| $48,001 - $75,000 | 293 | 274 | $3,197,200 | $10,912 |
| $75,001 - $110,000 | 381 | 235 | $1,675,415 | $4,397 |
| $110,001 - more | 1,462 | 370 | $2,498,425 | $1,709 |
Paid Tuition Rates by Residency
At Pennsylvania State University-Main Campus, for the first-time/full-time students, 4,660 students have paid in-state rate of tuition and 3,900 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 4,660 |
| Out-of-State Rate | 3,900 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At Pennsylvania State University-Main Campus, 1,712 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 18 students live off-campus. In addition, 79 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 1,712 |
| Living Off-Campus | 18 |
| Living with Family | 79 |
| Un-known | 87 |