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Paying for College

Paying for college is one of the biggest purchases a family will make in its lifetime. This website is your first stop as you identify potential resources to help you fund a Penn State education.

Students at Penn State are considered for all federal financial aid programs, including grants, loans and work-study programs. Information about specific fund eligibility can be found at www.studentaid.psu.edu. In addition, Penn State students may also be eligible for state grant funds from their home state. For Pennsylvania residents, specific information about the Pennsylvania State Grant Program can be found at http://www.pheaa.org/.

Students at the Worthington Scranton Campus are also considered for scholarship support. Scholarships from Penn State can originate from the Office of Student Aid, the student's academic college, and from the campus. First year students do not have to apply for Worthington Scranton Campus funds as all students are reviewed on a rolling basis, based upon their prior academic performance by our campus scholarship committee.

All students are encouraged to apply for financial aid regardless of perceived financial need.

Student 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.  Penn State students receive four types of student aid: Grants, Scholarships, Loans and Work Study.

 

 GRANTS

Grants are awarded based solely on financial need and have no requirement of repayment.  They may come from the Federal government, the state or the university.

SCHOLARSHIPS

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

LOANS

Loans are low interest awards that must be repaid after students terminate their studies at the University.

FEDERAL WORK STUDY

Work study is awarded based upon the financial need of the student. Students can earn money towards their school expenses. Work study earnings are not applied directly to your semester bill. Students receive a paycheck.

 The Office of Human Resources is pleased to announce the availability of child care subsidy funds to qualifying student parents for fall 2012. Funds are available through the Child Care Access Means Parents in School Program awarded by the U.S. Department of Education.

Student Parent Child Care Subsidy Program

The Office of Human Resources implements the Student Parent Child Care Subsidy Program at all Penn State campus locations. Our goal is to provide undergraduate and graduate (available at some locations) student parents with financial assistance for safe, quality child care thereby enabling them to achieve their academic goals.

Student parents also may receive financial assistance for sick and emergency care, summer child care, and care during finals and mid-term periods. Qualifying student parents may utilize this subsidy to assist in child care costs at licensed child care centers and family home providers in their communities. Please see qualifications in the application form.

Please assist our program by distributing this information to your student population. Updates to the Penn State student child care subsidy web site will occur regularly. Therefore , please consider including a link from your web site to: http://childcaresubsidy.psu.edu

Questions and detailed information about the Penn State Student Parent Child Care Subsidy Program can be directed to Stephanie L. Zezzo in the Office of Human Resources at (800) 746-6759 or subsidy@psu.edu .

 

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