Scholarships, Grants, and Loan Trends at Penn State Mont Alto

-10%

Received Percent Changed

$3,100

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 720, which is 85.83 % of all undergraduate students. 490 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,426.

For full-time, first-time beginning students (freshmen), 80.17% of students received grants or scholarships and 70% 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 Mont Alto since 2014.

For that period, the average number of students who received grants aid/scholarships is 720, which is 85.83 % of all undergraduate students. 490 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,426.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15843 (90%)$5,946336 (36%)$3,728610 (65%)$6,811
2015-16779 (87%)$5,649304 (34%)$3,689582 (65%)$6,645
2016-17804 (89%)$5,889286 (32%)$4,101548 (61%)$6,459
2017-18800 (87%)$5,799266 (29%)$4,233488 (53%)$6,505
2018-19--
2019-20--
2020-21--
2021-22554 (82%)$9,149181 (27%)$4,664363 (54%)$5,990
2022-23538 (80%)$9,046175 (26%)$5,114351 (52%)$6,146
Average720 (85.83%)$6,913258 (30.67%)$4,255490 (58.33%)$6,426
*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, 181 (80.17 % of students) received grants or scholarships and its average amount is $8,300. It can cover 34.39% of tuition & fees ($24,134) based on out-of-state rate.

In addition, 158 (69.50 % of students) students get helped from the students loans (average amount : $8,335).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15219 (82%)$7,405207 (78%)$8,410
2015-16179 (75%)$7,549186 (78%)$7,697
2016-17213 (81%)$9,119183 (70%)$8,286
2017-18168 (83%)$7,379142 (70%)$8,370
2018-19--
2019-20--
2020-21--
2021-22151 (79%)$9,124113 (59%)$8,319
2022-23154 (81%)$9,223117 (62%)$8,928
Average181 (80.17%)$8,300158 (69.50%)$8,335
*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, 82 (35.83 % of students) received Pell (federal) grants and its average amount is $4,386.

In addition, 82 students received State/local government grants/scholarships (35.17 % 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
2014-15119 (45%)$3,81226 (10%)$1,938124 (46%)$3,093180 (67%)$4,078
2015-1686 (36%)$3,88822 (9%)$1,98489 (37%)$3,252160 (67%)$4,274
2016-17101 (38%)$4,24829 (11%)$1,86497 (37%)$3,189193 (73%)$5,958
2017-1871 (35%)$4,24617 (8%)$1,26584 (41%)$3,020164 (81%)$4,043
2018-19--
2019-20--
2020-21--
2021-2255 (29%)$4,926109 (57%)$2,02951 (27%)$3,672148 (77%)$4,719
2022-2360 (32%)$5,19616 (8%)$2,27744 (23%)$4,634153 (81%)$5,675
Average82 (35.83%)$4,38637 (17.17%)$1,89382 (35.17%)$3,477166 (74.33%)$4,791
*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, 158 (69.50 % of students) get any students loan help and its average loan amount is $158.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15207 (78%)$8,410204 (76%)$6,03046 (17%)$11,103
2015-16186 (78%)$7,697183 (77%)$5,78230 (13%)$12,452
2016-17183 (70%)$8,286177 (67%)$5,50144 (17%)$12,332
2017-18142 (70%)$8,370142 (70%)$5,32837 (18%)$11,673
2018-19--
2019-20--
2020-21--
2021-22113 (59%)$8,319113 (59%)$5,42827 (14%)$12,098
2022-23117 (62%)$8,928113 (60%)$5,28733 (17%)$13,549
Average158 (69.50%)$8,335155 (68.17%)$5,55936 (16.00%)$12,201

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