All Undergraduate Financial Aid

At Pennsylvania State University-Main Campus, 22,591 undergraduate students (56% of total 40,600 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,574.
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 Scholarship22,59156% $261,464,218$11,574
Pell Grants5,60014% $28,531,931$5,095
Federal Student Loan16,15140% $104,040,839$6,442

Beginning Undergraduate Students (Freshmen) Financial Aid

5,816 beginning undergraduate students (68% of total 8,560 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 $10,066.
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 Aid5,81668% --
Grants or Scholarships3,75744%$37,816,932$10,066
Federal Grants2,74832%$11,394,587$4,147
Pell Grants1,19714%$6,037,309$5,044
Other Federal Grants2,70332%$5,357,278$1,982
State/Local Grants8109%$3,448,952$4,258
Institutional Grants2,50629%$22,973,393$9,167
Student Loan Aid4,01947%$53,909,116$13,414
Federal Student Loans3,85545%$20,639,399$5,354
Other Student Loans1,26815%$33,269,717$26,238

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

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 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 level2,6121,352$15,216,584$5,826
0-30,000268267$4,711,535$17,580
30,001-48,000208206$3,134,009$15,067
48,001-75,000293274$3,197,200$10,912
75,001-110,000381235$1,675,415$4,397
110,001 or more1,462370$2,498,425$1,709
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