Scholarships, Grants, and Loan Trends at Penn State Shenango

3%

Received Percent Changed

$2,727

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 412, which is 95.00 % of all undergraduate students. 256 students which is 56.67% of undergraduate students received federal student loans and the average loan amount is $6,952.

For full-time, first-time beginning students (freshmen), 96.33% 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 Shenango since 2014.

For that period, the average number of students who received grants aid/scholarships is 412, which is 95.00 % of all undergraduate students. 256 students which is 56.67% of undergraduate students received federal student loans and the average loan amount is $6,952.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15508 (94%)$6,708263 (49%)$3,878389 (72%)$7,875
2015-16467 (92%)$6,578233 (46%)$3,794343 (68%)$7,563
2016-17434 (94%)$6,461202 (44%)$4,067283 (61%)$7,276
2017-18468 (96%)$6,545186 (38%)$4,125255 (52%)$6,896
2018-19--
2019-20--
2020-21--
2021-22319 (97%)$9,682116 (35%)$4,386142 (43%)$6,277
2022-23273 (97%)$9,435114 (41%)$4,861125 (44%)$5,825
Average412 (95.00%)$7,568186 (42.17%)$4,185256 (56.67%)$6,952
*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, 55 (96.33 % of students) received grants or scholarships and its average amount is $9,923. It can cover 42.12% of tuition & fees ($23,560) based on out-of-state rate.

In addition, 40 (69.50 % of students) students get helped from the students loans (average amount : $6,250).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (95%)$8,44257 (77%)$6,817
2015-1651 (100%)$8,71039 (76%)$5,378
2016-1754 (90%)$8,61345 (75%)$6,012
2017-1858 (95%)$9,60746 (75%)$6,658
2018-19--
2019-20--
2020-21--
2021-2248 (100%)$12,95630 (63%)$6,955
2022-2348 (98%)$11,21125 (51%)$5,678
Average55 (96.33%)$9,92340 (69.50%)$6,250
*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, 31 (54.00 % of students) received Pell (federal) grants and its average amount is $4,718.

In addition, 30 students received State/local government grants/scholarships (52.50 % 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
2014-1542 (57%)$4,23410 (14%)$1,23936 (49%)$2,91360 (81%)$4,931
2015-1630 (59%)$4,3663 (6%)$1,20030 (59%)$3,04846 (90%)$4,743
2016-1726 (43%)$5,3277 (12%)$1,31131 (52%)$2,47352 (87%)$4,631
2017-1834 (56%)$4,29415 (25%)$1,14338 (62%)$2,77754 (89%)$5,344
2018-19--
2019-20--
2020-21--
2021-2224 (50%)$5,03138 (79%)$2,24222 (46%)$3,15748 (100%)$7,219
2022-2329 (59%)$5,0537 (14%)$1,97123 (47%)$4,32448 (98%)$5,798
Average31 (54.00%)$4,71813 (25.00%)$1,51830 (52.50%)$3,11551 (90.83%)$5,444
*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, 40 (69.50 % of students) get any students loan help and its average loan amount is $40.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1557 (77%)$6,81754 (73%)$5,85012 (16%)$6,052
2015-1639 (76%)$5,37839 (76%)$5,3141 (2%)$2,500
2016-1745 (75%)$6,01245 (75%)$5,5413 (5%)$7,067
2017-1846 (75%)$6,65846 (75%)$5,4926 (10%)$8,943
2018-19--
2019-20--
2020-21--
2021-2230 (63%)$6,95527 (56%)$5,9265 (10%)$9,731
2022-2325 (51%)$5,67824 (49%)$4,7583 (6%)$9,258
Average40 (69.50%)$6,25039 (67.33%)$5,4805 (8.17%)$7,259

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