Does Penn Foster Accept FAFSA?
Yes — Penn Foster College accepts FAFSA for its degree-granting programs. Students enrolled in eligible associate and bachelor’s programs can apply for federal financial aid using Penn Foster’s Federal School Code.
Penn Foster Federal School Code
Penn Foster College’s Federal School Code (FAFSA code) is 008885. Use this code when filing your FAFSA at studentaid.gov to send your information directly to Penn Foster.
PENN FOSTER COLLEGE FINANCIAL AID AND SCHOLARSHIPS
Penn Foster intends to make the process of attainment of education easier for its students through the agency of financial assistance.
As per the official website, Penn Foster does not accept federal financial aid. Unlike other major Universities, Penn Foster doesn't accept any student loans or other aids available through FAFSA.
However, students can still be at the receiving end of financial aid as affordable monthly payment option with 0% interest has been made available to them by the college. Thus, these interest free options can benefit the students.
Students enrolled at Penn Foster can either chose to pay their fees in full and save 30% as a result or make low monthly payments with 0% interest. For more information, students can visit the official website.