Pennsylvania State University-Penn State Berks Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022 | The College Monk

$4,811

Avg. Federal Grant

$5,210

Avg. Federal Loan

$11,573,723

Total Aid Awarded

Pennsylvania State University-Penn State Berks Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$11.574M

Financial Aid Official Website

studentaid.psu.edu/

The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

32%

Institution Grant Aid

40%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,811

State Grant Aid

$3,232

Institution Grant Aid

$3,598

Pell Grant

$4,401

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,131

$30,001 - $48,000

$10,374

$48,001 - $75,000

$5,357

$75,001 - $110,000

$2,016

Over $110,000

$905

Student Loans for Pennsylvania State University-Penn State Berks

Average Loan Amount Average Loan Amount received per year.

$8,204/Year

Students Taking Out Loans

64%

Loan Default Rate

N/A

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