Financial Aid Frequently Asked Questions (FAQ)

Financial Aid Frequently Asked Questions (FAQ)

Where can I find information about the grants/scholarships/loans I’m receiving?
You can view your Student Aid Summary in LionPath. Click here to view a tutorial on how to view your award summary and estimated financial aid budget.

What do I need to do to use the student loans I’ve been offered?
If you’re a first-time student loan borrower, you’ll need to complete: 1) Loan Entrance Counseling and a 2) Master Promissory Note at www.studentloans.gov. You’ll need your FSA ID to log in. You will also need to either accept or decline your student loans on LionPath. Penn State won’t be able to disburse your loan funds to your account until you’ve completed these steps.

When is student aid disbursed to my account?
Student aid disbursements typically occur during the first week of the semester, if you have submitted any Verification or other documentation we’ve requested. 

Why hasn’t my Pennsylvania state grant been applied to my bill?
Check your PA state grant status at www.pheaa.org. You’ll need to set up Account Access with PHEAA/AES if you haven’t already. You may need to:

  • Complete PHEAA’s state grant application/status notice and print and mail the signature page to PHEAA
  • Update your state grant record to show you’re attending Penn State
  • Submit requested documentation to PHEAA.