Financial Aid
Penn State University is very aware that paying for college is one of the most important factors that families consider when choosing which college to attend. Penn State Fayette, The Eberly Campus provides many financial aid opportunities to both incoming (new) students and continuing (current) Penn State students.
Financial Aid can be defined as any resource that supplements what parents and students are expected to contribute to meet the costs of a college education.
Last year, our students received over $3.8 million in grants and scholarships to attend Penn State Fayette, an average of over $5,400/student in grants and scholarships alone.
For the most recent year for which we have complete information (2014-15), Penn State Fayette students from different levels of family income (as reported on the FAFSA), received the following average per student financial aid award:
- Family Income Level* of $0 - $35,999
Number of Aid Receipients** was 120
Per Students Awards*** was $14,725 - Family Income Level* of $36,000 - $44,999
Number of Aid Receipients** was 38
Per Students Awards*** was $15,372 - Family Income Level* of $45,000 - $74,999
Number of Aid Receipients** was 127
Per Students Awards*** was $12,851 - Family Income Level* of $75,000 +
Number of Aid Receipients** was 209
Per Students Awards*** was $10,620
* Based on family income as reported on the FAFSA form
** Number of students in each income bracket who submitted the FAFSA to Penn State and received some sort of financial aid award.
*** Awards are made up of a combination of Scholarships/Awards, Grants, Loans, and Work-Study. Per student average is based on dividing total aid dollars received in each income bracket by number of aid recipients in each income bracket. Figures may not be typical for all students.
