Student aid award notification from Penn State occurs as early as March 1 st for freshmen and continues through June for returning and transfer students. Students may receive awards from a combination of student aid programs including grants, loans, and work-study. Because funds are very limited, late applicants may not be considered for all aid programs. Please remember that your student aid may not necessarily cover all your educational expenses. Families must be prepared to meet the difference between educational costs and student aid.
Most students can expect to receive student loans as part of, or as the only source of, assistance.
Students who do not qualify under the federal formula for grants, work-study, or low interest loans will be notified promptly. We can provide information about alternative financing programs to students who need additional help in meeting their costs. In addition, Penn State offers pre-payment and deferred payment options to assist families with paying costs. The Financial Aid Information Page provides free, comprehensive, objective, and independent information about financing your college education. It includes financial aid calculators, scholarship searches, and numerous other links.