Student Aid
Apply for Aid
Learn how to apply for and receive aid at Penn State.
Penn State School Code: 003329
US Dept of Ed announces phased rollout for 2025-26 FAFSA; full launch by Dec. 1
The Department of Education recently announced that the 2025-26 Free Application for Federal Student Aid (FAFSA) will be available to students and families on or before December 1, 2024. The Office of Student Aid recommends that new students complete the 2025-26 FAFSA as soon as possible after the full application rollout and currently enrolled students complete the FAFSA by April 15, 2025, to be considered for federal, state, and University funding.
Aid at Penn State
Submission of the Free Application for Federal Student Aid (FAFSA) is the only action required to apply for most financial aid at Penn State. However, some private scholarships and Penn State scholarships require separate applications. You will need to complete the FAFSA each year for financial aid consideration.
First-time Student Recommended FAFSA Filing Deadline | Current Students Recommended FAFSA Filing Deadline | PA State Grant FAFSA Filing Deadline |
---|---|---|
For 2025-26, as soon as possible after full application rollout. | April 15 | May 1 |
For 2025-26, as soon as possible after full application rollout. | April 15 | May 1 |
Choose your enrollment period.
Choose your enrollment period:
Get help, if needed, from appropriate resources.
There are many resources out there to assist you in applying for Federal Aid:
Call the Federal Student Aid Information Center at 1-800-433-3243
Visit the Federal Student Aid (FSA) site at FAFSA: Applying for Aid
Follow Federal Student Aid on YouTube
Ensure receipt of email.
Check the settings on your email to be sure messages from the following Penn State and Department of Education addresses are not blocked:
Review your Student Aid Report.
After you submit the FAFSA, a Student Aid Report (SAR) will be generated and sent to you via email.
Verify that all of your information is correct.
If necessary, corrections can be made through the FAFSA website.
If you have questions about your report, contact the Federal Student Aid Information Center at 1-800-433-3243. Be prepared to provide your DRN number (located in the upper right corner of your Student Aid Report).
The Office of Student Aid and the PA State Grant agency (for PA residents) will receive a copy of your report and review your information. We will contact you if additional information is required.
Frequently Asked Questions
View your loan history through the National Student Loan Data System, the U.S. Department of Education's central database for student aid information. National Student Loan Data System (NSLDS) is the U.S. Department of Education's central database for student aid and provides aid information, including Title IV loans and Pell Grants.
NSLDS tracks this information from the financial aid approval stage through the closure stage. Data is transmitted to NSLDS from schools, agencies that guaranty loans, the Direct Loan program, the Pell Grant program, and other U.S. Department of Education programs.
You can view your NSLDS information by logging into studentaid.gov. Your profile will provide personalized information like your federal student loan balance, disbursement dates and contact information. You can also view information on your federal loan servicer(s). Log into studentaid.gov.
Responsibilities
Reading all materials provided by the Office of Student Aid and other awarding agencies. Read, understand, and keep copies of all forms you sign. Completing and correcting application materials to the appropriate agencies within required or recommended time frames. Knowing and complying with the rules governing the aid you receive. These rules include but are not limited to: one, you must not be in default on any prior educational loan and two, you must not owe a refund on a Federal Pell Grant or a Federal Supplemental Educational Opportunity Grant (FSEOG) due to repayment or adjustment. Providing documentation, federal tax returns, W-2s, and any additional information requested by our office. Complying with the provisions of any promissory note and all other agreements you sign. Finalizing your semester schedule each semester by the Financial Aid Census Date, which is typically the end of the drop/add period, to ensure availability of all financial aid funds that you have been offered. Aid may be adjusted based on the number of credits for which you are enrolled as of the Census Date. Using student financial aid solely for direct educational costs and related living expenses. Knowing the financial aid implications of dropping a course or withdrawing from Penn State. Maintaining satisfactory academic progress. Keeping your local and permanent addresses current with the Office of the University Registrar. Reporting any change in your status, including informing the University and your loan servicer of changes to your name, address, social security number, and graduation date or if you transfer to another school. If you have educational loans, contacting your loan servicer(s) with any changes in enrollment including cancelling your courses, withdrawing, or taking a leave of absence from the University to determine any repayment obligations during your time away from the University. If you re-enroll at Penn State, you will need work with your loan servicer(s) to process a deferment of your loan payments. Providing complete and correct information on applications and in response to requests from our office or other awarding agencies. Begin attendance in all of the classes for which you receive financial aid. If you withdraw from or fail a class you did not begin attending, your federal financial aid may be reduced or canceled. Academic attendance includes physically attending class, submitting academic assignments, taking exams, or participating in online discussions that are part of the course delivery. Repay all loans according to your repayment schedule and to contact your loan servicer immediately if you can't make a requirement payment. Should you default on a federal loan you will not be eligible for financial aid. Activate your Penn State email account and regularly check your financial aid status in LionPATH. Complete exit counseling if you leave school or drop below half-time enrollment if you have borrowed Federal Direct Loans or University Loans. Reporting private sources of student financial aid to the Office of the Bursar at the address below. Please submit a copy of your outside scholarship award letter to: Office of the Bursar Attn: External Awards 109 Shields Building University Park, PA 16802 Fax: 814-865-6535
Rights
Privacy (FERPA). All records and information submitted with your application for financial aid are confidential and subject to legal requirements concerning disclosure of such information. Read more about FERPA and the privacy and release of student information. Know the correct procedures for applying for student financial aid, your cost of attendance, and the types of aid available. Know how financial need is determined, what the criteria are for financial aid sources, how satisfactory academic progress is determined, and what you have to do to continue receiving aid and how to reestablish your eligibility for financial assistance if you fail to maintain satisfactory progress. Understand the type and amount of assistance you will receive, how much of your need has been met, and how and when you will receive your aid funds. Read more about when you will receive your aid funds. View the contents of your student financial aid file, in accordance with the Family Educational Rights and Privacy Act. Know the conditions of any loan you accept. Know the terms, conditions, and pay rate for any student job you accept. Appeal any decision with our office in regard to your application. Expect notification of your financial aid offer and any adjustments to it. Know where to find information on loans you borrowed, repayment options, and debt management strategies. Review Direct Subsidized/Unsubsidized Loan Repayment for more information about federal loan repayment options and to see a sample loan repayment schedule. Certain consumer information. Federal regulations require that institutions provide specific consumer information about the school and about financial aid to enrolled and prospective students. Cancel all or part of your federal loan and/or disbursement.
Federal student loans, such as the Federal Direct Loan and the Parent PLUS Loan, generally have more favorable terms and conditions than private loans. We recommend using all federal loan eligibility before turning to private loans.
The Direct Parent PLUS loan is a federal loan available to the parents of dependent undergraduate students. The Direct Parent PLUS Loan offers flexible loan limits and a fixed 9.08% interest rate for the 2024-25 school year. Eligibility is determined by the applicants credit history.
Private education loans are managed through private lenders, issued in the student’s name, and require a co-signer. Eligibility, rates, terms, and conditions vary.
Completing the Free Application for Federal Student Aid (FAFSA) is the first step in determining the types of aid for which you are eligible. Once you have completed your FAFSA, your Expected Family Contribution (EFC) 2023-24 or Student Aid Index (SAI) 2024-25 is calculated through a formula established by federal law.
The formula takes into account many variables including your (and your parents' if you are a dependent student):
Income and assets
Number of people living in your household
State of residence
Your cost of attendance minus your EFC/SAI equals your financial need.
Your EFC/SAI does not vary from school to school regardless of the actual cost of the institution you are attending. However, your financial need will vary according to each school's cost of attendance. For most students, financial aid only meets part of their financial need.