Office of Student Aid : Parents of Students : Parent Newsletter

Volume 5, Issue 5--September 2007

Welcome to the online Office of Student Aid Parent Newsletter! If you would like to subscribe, we can send the newsletter directly to your e-mail account.

Welcome
Learn about current issues in student financial aid at Penn State.

A Parent's Guide to Satisfactory Academic Progress
In general terms, satisfactory academic progress standards dictate that students must successfully complete a specific number of credits within a given period of time in order to maintain eligibility for student financial aid.

Money Watch--Student Budgeting Basics
As students settle into a routine for the new academic year stocked with supplies from home, they may not be considering a budget for the semester. But, as the semester wears on, and they are dipping deeper and deeper into their available funds, budgeting will become a lot more important.

Campus Jobs--Federal Work-Study and Wage Payroll Opportunities
Part-time wage payroll and Work-Study positions are available on-campus for eligible students who want to cover part of their educational expenses with income from work.

Searching for Private Scholarships
Many individual donors and private organizations offer scholarships to students who demonstrate scholastic merit or meet specific eligibility criteria.

Keeping Track of Student Loans
Many parents want to be able to contribute financially to their children's post-secondary education. Unfortunately, as increasing numbers of parents are discovering, college costs are rising faster than many family incomes. Fortunately, educational loans are available to help students meet their college expenses.