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Types of Aid Your Student Can Apply For

Posted over 6 years ago in Student Aid & Scholarships .

Penn State students receive four types of student aid:  grants, scholarships, loans, and federal work-study.

Grants

Grants are awarded based solely on financial need, have no requirement of repayment, and can come from the federal government, the state, or Penn State. Read more.

Penn State's Office of Human Resources offers a child care subsidy program for qualifying low-income undergraduate student parents enrolled in a degree program.

Scholarships

Scholarships are awarded based on academic achievement. For many University scholarships, financial need is an additional criterion of eligibility.  There is no requirement of repayment.

Loans

Loans are a form of financial aid that must be repaid after a student leaves Penn State or drops below half-time attendance.

  • Federal Direct Stafford Loan - To accept a federal student loan, a student must complete both Loan Entrance Counseling and a Master Promissory Note.  Both may be completed at www.studentloans.gov.
  • Federal Direct Parent PLUS Loan
  • Alternative educational loans, see Penn State's student aid website.

Federal Work-Study

Federal Work-Study awards are based on financial need and allow students to earn money toward their school expenses. Work-study earnings are not applied directly to students' semester bills. Students are paid $9.50/hour bi-weekly.

For a list of Work-Study positions available: https://workstudy.psu.jobs/abington/jobs . For other student employment opportunities on campus: https://psu.jobs/abington/jobs .

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Swapan Majumdar over 6 years ago said

Is there any scholarship program for International UG students, please if anyone can advise. Thanks

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Cynthia Hill over 6 years ago said

Please reach out to our Student Aid office and the academic college.

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Susan Phillips over 6 years ago said

Our oldest daughter just graduated from PSU UP in May. Our youngest daughter finished her NSO at UP last week. My husband and I committed ourselves to paying for their education, but after the oldest graduated, we just...see more

 

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