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Penn State Altoona Financial Aid

Number Received Financial Aid (All Undergraduate) 1,915
Percent Received Financial Aid(All Undergraduate) 71%
Average Aid Amount $10,140
Number Received Financial Aid (Freshmen) 829
Percent Received Financial Aid (Freshmen) 83%

Financial Aid Information at Penn State Altoona

For the academic year 2021-2022, a total of 1,915 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,140. For freshmen (Full-time, first-time degree-seeking undergraduate students), 829 students (83% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Pennsylvania State University-Penn State Altoona is $15,944 for Pennsylvania residents and $26,668 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 1,915 students (71% of all students) have received grants or scholarships and the average received aid amount is $10,140. 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-Penn State Altoona for all undergraduate students.
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 Financial Aid

a total of 829 beginning students (83% of all freshmen) have received any financial aid and 815 students (81% 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-Penn State Altoona.
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

Students Headcount by Living Status

For academic year 2021-2022, total 342 full-time beginning students have enrolled and attended Pennsylvania State University-Penn State Altoona. Among them, 185 students have lived on campus and 37 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Pennsylvania State University-Penn State Altoona
Living Status201920202021
Living On-Campus355208185
Living Off-Campus with Family105145112
Living Off-Campus without Family566237

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 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Pennsylvania State University-Penn State Altoona
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level414288$2,913,881$7,038
$0 - $30,0006665$953,471$14,447
$30,001 - $48,0004646$580,915$12,629
$48,001 - $75,0006561$584,185$8,987
$75,001 - $110,0008161$471,398$5,820
$110,001 or more15655$323,912$2,076