Financial Aid at Penn State

[Last update: December 11, 2025]

20,991 students (50% of total 42,223 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Pennsylvania State University-Main Campus (Penn State). The average amount of the aid awarded is $14,013.

For the first-time, full-time beginning students (freshmen), 67% of total 9,004 enrolled students have received any kind of financial aid and its average amount of aid received is $11,336.

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All Undergraduate Financial Aid

At Pennsylvania State University-Main Campus, 20,991 undergraduate students (50% of total 42,223 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $14,013.

Financial Aid Statistics (All Undergraduate Students) - Penn State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship20,99150% $294,156,159$14,013
Pell Grants5,86214% $33,278,882$5,677
Federal Student Loan16,85240% $107,973,066$6,407

Beginning Undergraduate Students (Freshmen) Financial Aid

6,008 beginning undergraduate students (67% of total 9,004 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Pennsylvania State University-Main Campus. The average amount of aid received is $11,336.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Penn State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid6,00867% --
Grants or Scholarships3,36437%$38,134,326$11,336
Federal Grants1,23314%$7,451,995$6,044
Pell Grants1,20613%$6,699,910$5,555
Other Federal Grants2363%$752,085$3,187
State/Local Grants1,00311%$4,237,262$4,225
Institutional Grants3,05134%$26,445,069$8,668
Student Loan Aid4,12646%$60,986,790$14,781
Federal Student Loans3,95244%$20,954,634$5,302
Other Student Loans1,39916%$40,032,156$28,615

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Pennsylvania State University-Main Campus.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,6221,417$17,204,754$6,562
0-30,000251251$4,945,186$19,702
30,001-48,000193193$3,747,427$19,417
48,001-75,000262262$3,380,666$12,903
75,001-110,000384278$2,143,024$5,581
110,001 or more1,532433$2,988,451$1,951

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