$5,009

Avg. Federal Grant

$5,097

Avg. Federal Loan

$3,514,756

Total Aid Awarded

Pennsylvania State University-Penn State Beaver Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$3.515M

Financial Aid Official Website

studentaid.psu.edu/

Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

34%

Institution Grant Aid

83%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$5,009

State Grant Aid

$3,007

Institution Grant Aid

$3,893

Pell Grant

$4,676

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,266

$30,001 - $48,000

$10,257

$48,001 - $75,000

$8,052

$75,001 - $110,000

$3,541

Over $110,000

$2,683

Student Loans for Pennsylvania State University-Penn State Beaver

Average Loan Amount Average Loan Amount received per year.

$6,334/Year

Students Taking Out Loans

60%

Loan Default Rate

N/A

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