Scholarships, Grants, and Loan Trends at Penn State World Campus

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 5,241, which is 67.33 % of all undergraduate students. 3,751 students which is 48.33% of undergraduate students received federal student loans and the average loan amount is $8,719.

For full-time, first-time beginning students (freshmen), 60.67% of students received grants or scholarships and 58% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Pennsylvania State University-World Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 5,241, which is 67.33 % of all undergraduate students. 3,751 students which is 48.33% of undergraduate students received federal student loans and the average loan amount is $8,719.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-154,743 (76%)$3,4292,121 (34%)$3,0713,488 (56%)$9,129
2015-165,467 (75%)$3,4402,457 (34%)$3,0513,965 (55%)$8,938
2016-175,274 (67%)$3,4022,616 (33%)$3,3124,032 (51%)$8,826
2017-185,592 (66%)$3,6482,801 (33%)$3,5444,078 (48%)$8,865
2018-19--
2019-20--
2020-21--
2021-225,397 (59%)$6,8012,553 (28%)$4,0563,562 (39%)$8,387
2022-234,975 (61%)$5,9552,436 (30%)$4,2703,381 (41%)$8,170
Average5,241 (67.33%)$4,4462,497 (32.00%)$3,5513,751 (48.33%)$8,719
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 91 (60.67 % of students) received grants or scholarships and its average amount is $6,270. It can cover 40.83% of tuition & fees ($15,356) based on out-of-state rate.

In addition, 86 (57.67 % of students) students get helped from the students loans (average amount : $7,844).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1565 (76%)$5,00459 (69%)$8,208
2015-1697 (73%)$4,94584 (64%)$7,968
2016-1766 (58%)$5,65674 (65%)$8,076
2017-1860 (53%)$6,29467 (59%)$8,197
2018-19--
2019-20--
2020-21--
2021-22139 (44%)$8,487137 (43%)$7,181
2022-23118 (60%)$7,23292 (46%)$7,433
Average91 (60.67%)$6,27086 (57.67%)$7,844
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 67 (45.17 % of students) received Pell (federal) grants and its average amount is $4,454.

In addition, 25 students received State/local government grants/scholarships (16.17 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1548 (56%)$3,6969 (10%)$2,53216 (19%)$4,17226 (30%)$2,242
2015-1674 (56%)$3,57617 (13%)$2,44120 (15%)$3,91849 (37%)$1,942
2016-1753 (47%)$4,2424 (4%)$1,05021 (19%)$2,97024 (21%)$3,413
2017-1848 (42%)$4,72517 (15%)$1,33618 (16%)$2,21021 (19%)$4,206
2018-19--
2019-20--
2020-21--
2021-22100 (31%)$5,173112 (35%)$2,42647 (15%)$3,85569 (22%)$3,038
2022-2378 (39%)$5,31025 (13%)$2,24026 (13%)$4,943116 (59%)$2,195
Average67 (45.17%)$4,45431 (15.00%)$2,00425 (16.17%)$3,67851 (31.33%)$2,839
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 86 (57.67 % of students) get any students loan help and its average loan amount is $86.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1559 (69%)$8,20858 (67%)$6,9577 (8%)$11,539
2015-1684 (64%)$7,96884 (64%)$7,2127 (5%)$9,066
2016-1774 (65%)$8,07672 (64%)$7,23010 (9%)$7,714
2017-1867 (59%)$8,19767 (59%)$6,7559 (8%)$10,739
2018-19--
2019-20--
2020-21--
2021-22137 (43%)$7,181133 (42%)$5,58221 (7%)$11,493
2022-2392 (46%)$7,43391 (46%)$5,43717 (9%)$11,118
Average86 (57.67%)$7,84484 (57.00%)$6,52912 (7.67%)$10,278

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