Financial Aid at Penn State

Average Amount Received	% Received Financial Aid
$11,574	56%

22,591 students (56% of total 40,600 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Pennsylvania State University-Main Campus.

The average amount of the aid awarded is $11,574. For the first-time, full-time beginning students (freshmen), 68% of total 8,560 enrolled students have received any kind of financial aid and its average amount of aid received is $10,066.

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All Undergraduate Financial Aid

At Pennsylvania State University-Main Campus, 22,591 undergraduate students (56% of total 40,600 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $11,574.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	22,591	56%	$261,464,218	$11,574
Pell Grants	5,600	14%	$28,531,931	$5,095
Federal Student Loan	16,151	40%	$104,040,839	$6,442

Beginning Undergraduate Students (Freshmen) Financial Aid

5,816 beginning undergraduate students (68% of total 8,560 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Pennsylvania State University-Main Campus. The average amount of aid received is $10,066.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	5,816	68%	-	-
Grants or Scholarships	3,757	44%	$37,816,932	$10,066
Federal Grants	2,748	32%	$11,394,587	$4,147
Pell Grants	1,197	14%	$6,037,309	$5,044
Other Federal Grants	2,703	32%	$5,357,278	$1,982
State/Local Grants	810	9%	$3,448,952	$4,258
Institutional Grants	2,506	29%	$22,973,393	$9,167
Student Loan Aid	4,019	47%	$53,909,116	$13,414
Federal Student Loans	3,855	45%	$20,639,399	$5,354
Other Student Loans	1,268	15%	$33,269,717	$26,238

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Pennsylvania State University-Main Campus.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	2,612	1,352	$15,216,584	$5,826
0-30,000	268	267	$4,711,535	$17,580
30,001-48,000	208	206	$3,134,009	$15,067
48,001-75,000	293	274	$3,197,200	$10,912
75,001-110,000	381	235	$1,675,415	$4,397
110,001 or more	1,462	370	$2,498,425	$1,709

Financial Aid at Penn State

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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