$4,991

Avg. Federal Grant

$5,357

Avg. Federal Loan

$5,441,783

Total Aid Awarded

Pennsylvania State University-Penn State Worthington Scranton Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$5.442M

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. However, student loans attract a certain rate of interest at which the funds are borrowed. 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

43%

State Grant Aid

45%

Institution Grant Aid

43%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,991

State Grant Aid

$3,349

Institution Grant Aid

$4,234

Pell Grant

$4,720

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,581

$30,001 - $48,000

$9,022

$48,001 - $75,000

$7,071

$75,001 - $110,000

$1,998

Over $110,000

$1,341

Student Loans for Pennsylvania State University-Penn State Worthington Scranton

Average Loan Amount Average Loan Amount received per year.

$6,119/Year

Students Taking Out Loans

71%

Loan Default Rate

N/A

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