$4,888

Avg. Federal Grant

$5,055

Avg. Federal Loan

$3,908,972

Total Aid Awarded

Pennsylvania State University-Penn State Lehigh Valley Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$3.909M

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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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

44%

State Grant Aid

41%

Institution Grant Aid

58%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,888

State Grant Aid

$3,322

Institution Grant Aid

$3,491

Pell Grant

$4,551

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,743

$30,001 - $48,000

$9,249

$48,001 - $75,000

$6,455

$75,001 - $110,000

$3,725

Over $110,000

$683

Student Loans for Pennsylvania State University-Penn State Lehigh Valley

Average Loan Amount Average Loan Amount received per year.

$6,471/Year

Students Taking Out Loans

56%

Loan Default Rate

N/A

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