Student Aid at Penn State

More than 73 percent of Penn State students receive some type of financial aid.

Types of Aid

Penn State’s Office of Student Aid is the main resource for questions related to paying for your education. They oversee the distribution of loans, grants, work study and scholarships, with loans being the most common financing method.

Breakdown of Available Student Aid

Undergraduate Student Aid Funding at Penn State

Penn State students received $995 million in student aid for the 2014-15 school year from the following sources:
Type of aid Percentage of the aid awarded
Loans 62%
Grants 25%
University scholarships 10%
Private scholarships 2.5%
Work-Study .5%

Applying for Aid

To be considered for any student aid, including merit-based scholarships, students must submit a Free Application for Federal Student Aid, or FAFSA. Here are the important dates to keep in mind for first-year students:

October 1

FAFSA becomes available at

February 15

Penn State's recommended FAFSA filing date.

Early March

Aid notification for students who submit the FAFSA by February 15.

More details about applying for aid are available from the Office of Student Aid. Start by selecting your enrollment period.