How Penn State Altoona's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Pennsylvania State University-Penn State Altoona since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,850, which is 80.00 % of all undergraduate students. 2,279 students which is 63.83% of undergraduate students received federal student loans and the average loan amount is $6,397.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,239 (84%)	$5,675	1,237 (32%)	$4,008	2,656 (69%)	$6,687
2014-15	3,222 (83%)	$5,805	1,253 (32%)	$4,062	2,609 (67%)	$6,732
2015-16	3,141 (82%)	$5,598	1,169 (30%)	$4,106	2,544 (66%)	$6,486
2016-17	2,804 (80%)	$5,636	1,041 (30%)	$4,380	2,227 (64%)	$6,243
2017-18	2,779 (80%)	$6,044	1,032 (30%)	$4,499	2,130 (61%)	$6,206
2018-19	-	-
2019-20	-	-
2020-21	-	-
2021-22	1,915 (71%)	$10,140	748 (28%)	$4,936	1,505 (56%)	$6,028
Average	2,850 (80.00%)	$6,483	1,080 (30.33%)	$4,332	2,279 (63.83%)	$6,397

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 800 (62.17 % of students) received grants or scholarships and its average amount is $7,926. It can cover 29.72% of tuition & fees ($26,668) based on out-of-state rate.

In addition, 850 (65.83 % of students) students get helped from the students loans (average amount : $9,297).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	989 (70%)	$7,877	957 (68%)	$8,491
2014-15	894 (60%)	$6,894	979 (66%)	$8,845
2015-16	781 (57%)	$7,426	957 (70%)	$8,809
2016-17	698 (59%)	$7,966	760 (64%)	$9,128
2017-18	752 (59%)	$7,821	822 (65%)	$9,127
2018-19	-	-
2019-20	-	-
2020-21	-	-
2021-22	685 (68%)	$9,574	622 (62%)	$11,382
Average	800 (62.17%)	$7,926	850 (65.83%)	$9,297

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 385 (30.00 % of students) received Pell (federal) grants and its average amount is $4,348.

In addition, 344 students received State/local government grants/scholarships (26.50 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	449 (32%)	$4,097	155 (11%)	$1,849	409 (29%)	$3,489	797 (56%)	$5,317
2014-15	428 (29%)	$4,178	127 (9%)	$1,743	414 (28%)	$3,258	681 (46%)	$4,118
2015-16	399 (29%)	$4,171	122 (9%)	$1,623	372 (27%)	$3,526	594 (43%)	$4,421
2016-17	368 (31%)	$4,262	95 (8%)	$1,510	320 (27%)	$3,597	581 (49%)	$4,642
2017-18	372 (29%)	$4,493	119 (9%)	$1,620	363 (29%)	$3,296	620 (49%)	$4,550
2018-19	-	-
2019-20	-	-
2020-21	-	-
2021-22	296 (30%)	$4,888	508 (51%)	$2,224	187 (19%)	$3,803	510 (51%)	$6,413
Average	385 (30.00%)	$4,348	188 (16.17%)	$1,762	344 (26.50%)	$3,495	631 (49.00%)	$4,910

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 850 (65.83 % of students) get any students loan help and its average loan amount is $850.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	957 (68%)	$8,491	939 (66%)	$5,982	203 (14%)	$12,362
2014-15	979 (66%)	$8,845	957 (65%)	$5,931	209 (14%)	$14,276
2015-16	957 (70%)	$8,809	939 (68%)	$5,623	222 (16%)	$14,190
2016-17	760 (64%)	$9,128	740 (62%)	$5,476	194 (16%)	$14,870
2017-18	822 (65%)	$9,127	803 (64%)	$5,372	213 (17%)	$14,971
2018-19	-	-
2019-20	-	-
2020-21	-	-
2021-22	622 (62%)	$11,382	598 (60%)	$5,189	199 (20%)	$19,982
Average	850 (65.83%)	$9,297	829 (64.17%)	$5,596	207 (16.17%)	$15,109

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Scholarships, Grants, and Loan Trends at Penn State Altoona

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time