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Sunday 11.22.2009

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

Penn State University Park

Penn State University Park
University Park Campus
University Park, PA 16802

Official telephone: (814) 865-4700
Website: www.psu.edu
Screen last updated on: September 2006

The financial aid information below is valid for the 2006 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Anna Griswold,
Director of Financial Aid
Contacting the office: 814 865-6301
FAFSA number: 003329

EXPENSES
Undergraduate tuition: $11,646; $22,194 out-of-state
Tuition notes: Students who have earned 59.1 credits pay a slightly higher tuition rate compared to those below 59.1 credits. Also, certain programs have laboratory and clinical surcharges; they apply to undergraduate students with a minimum of 59.1 credits.
Additional required fees: $518
Other expenses: transportation and other expenses
Combined room and board expenses: $6,850 - $6,850

APPLYING FOR AID

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

Date award notification begins: February 15
Applied for financial aid:
77% of first-year students
67% of full-time undergraduates
50% of part-time undergraduates
Determined to have financial need:
64% of first-year students
75% of full-time undergraduates
72% of part-time undergraduates
Students determined to have financial need who received any financial aid:
97% of first-year students
98% of full-time undergraduates
98% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
54% of first-year students
58% of full-time undergraduates
69% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
86% of first-year students
87% of full-time undergraduates
75% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
56% of first-year students
48% of full-time undergraduates
45% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
7% of first-year students
9% of full-time undergraduates
12% 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):
58% for first-year students
62% for full-time undergraduates
56% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$5,591 for first-year students
$7,062 for full-time undergraduates
$5,124 for part-time undergraduates
Average need-based gift award:
$4,841 for first-year students
$4,509 for full-time undergraduates
$2,383 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,907 for first-year students
$4,453 for full-time undergraduates
$3,993 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,769 for first-year students
$4,247 for full-time undergraduates
$3,932 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
10% of first-year students
11% of full-time undergraduates
16% 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):
$2,347 for first-year students
$2,506 for full-time undergraduates
$924 for part-time undergraduates
Students who received a non-need-based athletic award:
2% of first-year students
1% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$17,944 for first-year students
$17,339 for full-time undergraduates
$12,881 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 6%

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 alternative loans
First-year loan package range: $2,747 - $2,837
Undergraduate loan package range: $4,240 - $4,260
Percent of undergraduates who have borrowed through all loan programs: 0%
Types of payment plans:
  • deferred payment plan
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)
  • academic merit scholarships/grants
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $4,814 - $5,010
Undergraduate scholarship/grant award range: $4,161 - $4,548
Percent of scholarship aid awarded to out-of-state students: 14%