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How many students are received any financial aid at Pennsylvania State University Penn State Altoona?

For the academic year 2022-2023, total 829 full-time, first-time students (83% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,915 students (71% of all students) received grants or scholarships and the average grant amount is $10,140. In addition, 1,505 students received student loans and the average loan amount is $6,028.

Below tables show the number and amount by source of financial aid at Pennsylvania State University-Penn State Altoona.
All Undergraduate Student Financial Aid at Pennsylvania State University-Penn State Altoona
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,91571%$10,140
Pell Grants74828%$4,936
Federal Student Loans1,50556%$6,028
Beginning Students (Freshmen) Financial Aid at Pennsylvania State University-Penn State Altoona
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid82983%-
Grants or Scholarship from All Sources68568%$9,574
Federal Grants51752%$4,984
Pell Grants29630%$4,888
Other Federal Grants50851%$2,224
State/Local Grants18719%$3,803
Institutional Grants51051%$6,413
Student Loans62262%$11,382
Federal Student Loans59860%$5,189
Other Student Loans19920%$19,982

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

Know more about Penn State Altoona

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