Student in library

Applying for Financial Aid

Applying for Financial Aid

Any student interested in being considered for loans, grants, scholarships, and work-study may apply for financial aid.

Pennsylvania residents should also complete the PHEAA state grant application at http://www.pheaa.org/.

 

How do you apply?

Begin by completing the Free Application for Federal Student Aid (FAFSA) for federal and state aid consideration.

You must complete a FAFSA for each academic year that you are enrolled at Penn State.

If you are unsure if you want or need financial aid, complete the FAFSA just in case.

Use Penn State's FAFSA school code: 003329.

More information specifically for Transfer Students is available.

 

When should you apply?

First-year and Transfer students (applying for fall semester) should submit the FAFSA by March 1 for maximum consideration of student aid programs. Submitting the FAFSA by the recommended date ensures that Pennsylvania residents meet the PHEAA state grant deadline of May 1.

Current students should submit a FAFSA renewal by April 15.

Mid-year transfer students (applying for spring or summer semester) should add Penn State to their FAFSA at the time they submit their application for admission.

 

Satisfactory Academic Progress (SAP)

The SAP policy states that a student who is enrolled full-time must complete 24 credits per academic year (fall through summer) to remain eligible to receive future year’s financial aid

Completing the courses you start is a great policy to have as a student.

For more information on aid eligibility and next steps, visit http://studentaid.psu.edu/future-students.