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Saturday 11.21.2009

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

Penn State Lehigh Valley

Penn State Lehigh Valley




Website: www.lv.psu.edu/
Screen last updated on: July 2004

The financial aid information below is valid for the 2001-02 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Joan Willertz,
Financial Aid Representative
Contacting the office: (610) 285-5033
(610) 285-5220 (fax)
pheaamentor@psu.edu
FAFSA number: 003329
Financial aid homepage: www.psu.edu/studentaid/

EXPENSES
Undergraduate tuition: $7,756; $12,006 out-of-state
Tuition notes: in-state tuition based on $313 per credit hour for 24 hrs/yr, out-of-state tuition based on $502 per credit hour for 24 hrs/yr, PLEASE NOTE: These tuition figures are for the current 2002-03 academic year. Final tuition and fees for the 2003-04 academic year will be determined by the Board of Trustees in July 2003. However, the following is the projected ESTIMATED costs for the 2003-04 academic year. Please use these cost estimates for planning purposes only. They are based on the budget Penn State anticipates submitting to the Commonwealth of Pennsylvania for 2003-04.
Estimated Tuition and Fees 2003-04:
PA Resident $8,766, Non-PA $13,268
Additional required fees: $374
Book fees: $1,080
Miscellaneous expenses: $2,394
Other expenses: The additional expense figures listed above and described in more detail below are for the current 2002-03 academic year. Updated figures for the 2003-04 academic year will be available in July.

$374 is a Technology and Activity Fee - you may access this website for more information on these fees:
http://www.bar.psu.edu/tuition.html

$1080 is an estimated allowance for books.

$2394 includes allowances for:
Transportation, Utilities, Clothing, Laundry, Medical/Dental, Personal and Recreation.


APPLYING FOR AID

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

Date award notification begins: Freshman - March, Upperclass - June
Applied for financial aid:
81% of first-year students
76% of full-time undergraduates
37% of part-time undergraduates
Determined to have financial need:
76% of first-year students
77% of full-time undergraduates
70% of part-time undergraduates
Students determined to have financial need who received any financial aid:
98% of first-year students
98% of full-time undergraduates
96% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
77% of first-year students
81% of full-time undergraduates
64% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
85% of first-year students
85% of full-time undergraduates
82% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
31% of first-year students
29% of full-time undergraduates
18% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
6% of first-year students
7% of full-time undergraduates
14% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
62% for first-year students
64% for full-time undergraduates
61% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$6,454 for first-year students
$7,052 for full-time undergraduates
$6,593 for part-time undergraduates
Average need-based gift award:
$3,449 for first-year students
$3,175 for full-time undergraduates
$1,825 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,554 for first-year students
$2,991 for full-time undergraduates
$2,856 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,448 for first-year students
$2,916 for full-time undergraduates
$2,856 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
20% of first-year students
18% of full-time undergraduates
19% 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):
$3,652 for first-year students
$4,133 for full-time undergraduates
$3,155 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 2%

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
Parent loans packaged to meet need: yes
First-year loan package range: $100 - $19,625
Undergraduate loan package range: $100 - $19,625
Percent of undergraduates who have borrowed through all loan programs: 67%
Average student debt upon graduation: $17,453
Types of payment plans:
  • deferred payment plan
  • school's own payment plan(s)
  • For more detailed payment plan information, please visit this website:
    www.bar.psu.edu
Need-based scholarships/grants available:
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • For more detailed financial aid information, please visit this website:
    www.psu.edu/studentaid

Non-need-based scholarships/grants available:
  • academic merit scholarships/grants
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
  • For more detailed financial aid information, please visit this website:
    www.psu.edu/studentaid

First-year scholarship/grant award range: $25 - $19,708
Undergraduate scholarship/grant award range: $10 - $20,294
Percent of scholarship aid awarded to out-of-state students: 4%