Number Received Financial Aid (All Undergraduate)
20,396
Percent Received Financial Aid(All Undergraduate)
49%
Average Aid Amount
$13,716
Number Received Financial Aid (Freshmen)
6,076
Percent Received Financial Aid (Freshmen)
66%
Financial Aid Information at Penn State
For the academic year 2023-2024, a total of 20,396 students (49% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $13,716. For freshmen (Full-time, first-time degree-seeking undergraduate students), 6,076 students (66% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Pennsylvania State University-Main Campus is $20,644 for Pennsylvania residents and $41,790 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 20,396 students (49% of all students) have received grants or scholarships and the average received aid amount is $13,716. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Pennsylvania State University-Main Campus for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 20,396 | 49% | $13,716 |
| Pell Grants | 5,539 | 13% | $5,352 |
| Federal Student Loans | 16,638 | 40% | $6,435 |
Beginning Students Financial Aid
a total of 6,076 beginning students (66% of all freshmen) have received any financial aid and 5,531 students (60% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Pennsylvania State University-Main Campus.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 6,076 | 66% | - |
| Grants or Scholarship from All Sources | 3,331 | 36% | $11,577 |
| Federal Grants | 1,179 | 13% | $5,870 |
| Pell Grants | 1,156 | 13% | $5,381 |
| Other Federal Grants | 234 | 3% | $2,994 |
| State/Local Grants | 933 | 10% | $4,133 |
| Institutional Grants | 3,182 | 35% | $8,733 |
| Student Loans | 4,173 | 45% | $13,736 |
| Federal Student Loans | 4,032 | 44% | $5,347 |
| Other Student Loans | 1,356 | 15% | $26,372 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 4,684 have paid in-state tuition rates (51% of undergraduate students) and 4,497 students (49%) have paid the tuition & fee based on out-of-state rates at Pennsylvania State University-Main Campus.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 4,684 | 51% | $20,644 |
| Out-of-State Rate | 4,497 | 49% | $41,790 |
Students Headcount by Living Status
For academic year 2023-2024, total 2,036 full-time beginning students have enrolled and attended Pennsylvania State University-Main Campus. Among them, 1,846 students have lived on campus and 18 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 1,689 | 1,712 | 1,846 |
| Living Off-Campus with Family | 77 | 79 | 68 |
| Living Off-Campus without Family | 15 | 18 | 18 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 2,622 | 1,417 | $17,204,754 | $6,562 |
| $0 - $30,000 | 251 | 251 | $4,945,186 | $19,702 |
| $30,001 - $48,000 | 193 | 193 | $3,747,427 | $19,417 |
| $48,001 - $75,000 | 262 | 262 | $3,380,666 | $12,903 |
| $75,001 - $110,000 | 384 | 278 | $2,143,024 | $5,581 |
| $110,001 or more | 1,532 | 433 | $2,988,451 | $1,951 |
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