Scholarships, Grants, and Loan Trends at Penn State Berks

-17%

Received Percent Changed

$4,222

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,032, which is 77.67 % of all undergraduate students. 1,615 students which is 61.50% of undergraduate students received federal student loans and the average loan amount is $6,597.

For full-time, first-time beginning students (freshmen), 61.50% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 2,032, which is 77.67 % of all undergraduate students. 1,615 students which is 61.50% of undergraduate students received federal student loans and the average loan amount is $6,597.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,340 (83%)$5,1311,008 (36%)$4,0981,908 (67%)$7,028
2015-162,402 (83%)$5,139969 (33%)$4,1251,976 (68%)$6,816
2016-172,363 (82%)$5,123958 (33%)$4,3011,889 (65%)$6,533
2017-182,173 (80%)$5,326846 (31%)$4,4911,656 (61%)$6,596
2018-19--
2019-20--
2020-21--
2021-221,543 (72%)$9,229650 (31%)$4,8421,146 (54%)$6,380
2022-231,371 (66%)$9,353595 (29%)$4,9011,113 (54%)$6,226
Average2,032 (77.67%)$6,550838 (32.17%)$4,4601,615 (61.50%)$6,597
*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, 434 (61.50 % of students) received grants or scholarships and its average amount is $7,759. It can cover 28.78% of tuition & fees ($26,958) based on out-of-state rate.

In addition, 469 (65.33 % of students) students get helped from the students loans (average amount : $8,860).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15515 (61%)$6,867608 (72%)$8,249
2015-16483 (62%)$7,144586 (75%)$7,775
2016-17436 (60%)$7,673487 (67%)$7,429
2017-18378 (56%)$7,014436 (64%)$8,204
2018-19--
2019-20--
2020-21--
2021-22394 (66%)$8,528341 (57%)$10,385
2022-23396 (64%)$9,327356 (57%)$11,115
Average434 (61.50%)$7,759469 (65.33%)$8,860
*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, 229 (32.00 % of students) received Pell (federal) grants and its average amount is $4,517.

In addition, 216 students received State/local government grants/scholarships (29.67 % 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
2014-15313 (37%)$4,08786 (10%)$1,653308 (36%)$3,270342 (40%)$3,239
2015-16261 (33%)$4,23777 (10%)$1,612277 (35%)$3,587338 (43%)$3,631
2016-17243 (34%)$4,45468 (9%)$1,273257 (36%)$3,557330 (46%)$3,826
2017-18204 (30%)$4,40166 (10%)$1,268215 (32%)$3,232271 (40%)$3,598
2018-19--
2019-20--
2020-21--
2021-22172 (29%)$5,032290 (49%)$2,244109 (18%)$4,091260 (44%)$5,375
2022-23179 (29%)$4,89342 (7%)$2,155132 (21%)$4,784383 (62%)$5,472
Average229 (32.00%)$4,517105 (15.83%)$1,701216 (29.67%)$3,754321 (45.83%)$4,190
*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, 469 (65.33 % of students) get any students loan help and its average loan amount is $469.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15608 (72%)$8,249597 (71%)$6,084101 (12%)$13,693
2015-16586 (75%)$7,775579 (74%)$5,608104 (13%)$12,589
2016-17487 (67%)$7,429475 (66%)$5,39878 (11%)$13,514
2017-18436 (64%)$8,204426 (63%)$5,21089 (13%)$15,253
2018-19--
2019-20--
2020-21--
2021-22341 (57%)$10,385323 (54%)$5,26697 (16%)$18,973
2022-23356 (57%)$11,115346 (56%)$5,354113 (18%)$18,623
Average469 (65.33%)$8,860458 (64.00%)$5,48797 (13.83%)$15,441

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