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Saturday 11.21.2009

Plan, explore, and apply to college using these great tools.

Penn State Beaver

Penn State Beaver


Official telephone: (724) 773-3500
Fax number: (724) 773-3557
Website: www.br.psu.edu
Screen last updated on: September 2006

The financial aid information below is valid for the 2000-01 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Toni Aikens,
Financial Aid Officer
Contacting the office: 724 773-3800
FAFSA number: 003332

EXPENSES
Undergraduate tuition: $9,812 out-of-state
Tuition notes: in-state tuition based on per credit hour, no tuition for state residents
Additional required fees: $306
Book fees: $752
Combined room and board expenses: $4,910

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15yesN/A

Date award notification begins: March 5
Applied for financial aid:
79% of first-year students
78% of full-time undergraduates
31% of part-time undergraduates
Determined to have financial need:
76% of first-year students
79% of full-time undergraduates
20% of part-time undergraduates
Students determined to have financial need who received any financial aid:
98% of first-year students
99% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
74% of first-year students
72% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
88% of first-year students
89% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
16% of first-year students
18% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
2% of first-year students
4% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
65% for first-year students
67% for full-time undergraduates
39% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$6,910 for first-year students
$7,056 for full-time undergraduates
$7,500 for part-time undergraduates
Average need-based gift award:
$3,058 for first-year students
$3,166 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,545 for first-year students
$2,853 for full-time undergraduates
$3,500 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,468 for first-year students
$2,778 for full-time undergraduates
$3,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
18% of first-year students
17% of full-time undergraduates
25% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$4,163 for first-year students
$3,852 for full-time undergraduates
$1,645 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
  • Private loans.
Percent of undergraduates who have borrowed through all loan programs: 64%
Average student debt upon graduation: $17,125
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants