$4,798

Avg. Federal Grant

$5,492

Avg. Federal Loan

$3,063,123

Total Aid Awarded

Pennsylvania State University-Penn State Shenango Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$3.063M

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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

62%

Institution Grant Aid

89%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,798

State Grant Aid

$2,777

Institution Grant Aid

$5,344

Pell Grant

$4,294

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,429

$30,001 - $48,000

$14,455

$48,001 - $75,000

$9,754

$75,001 - $110,000

$4,060

Over $110,000

$2,000

Student Loans for Pennsylvania State University-Penn State Shenango

Average Loan Amount Average Loan Amount received per year.

$6,658/Year

Students Taking Out Loans

75%

Loan Default Rate

N/A

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