News

Applying for Summer 2013 Financial Aid

Our printable checklists provide step-by-step instructions on how to apply for and receive summer financial aid.

Common FAFSA Error with Student Name Prevents Awarding

Be sure you enter your middle initial when you fill out your FAFSA to avoid problems. To receive financial aid, your name on the FAFSA must exactly match your Social Security card, including your middle initial.

Continuing Students to Receive Award Notifications in Late-June

Current undergraduate and graduate students will receive an email this summer with instructions on how to access their 2013-14 financial aid awards.

Fee Increases on Federal Direct Loans Begin Summer 2013

Loan origination fees for Stafford and PLUS Loans to increase this summer due to recent federal sequestration.

New Counseling Tool Name Causes Confusion

Federal Direct student loan borrowers should take caution to choose the correct counseling requirement on StudentLoans.gov to avoid delay in processing of financial aid.

New financial literacy program aims to help students better manage debt

With student debt soaring nationwide, Penn State has created a new financial literacy program aimed at helping students make better decisions about budgeting, borrowing and loan repayment.

PLUS Loan Processing Delays for Summer 2013

Parent PLUS and Graduate PLUS Loans will not appear as a credit on the bill for the 2013 Summer Sessions, as a result of sequestration. Learn how to claim your approved loan on the bill.

Spring 2013 "F" Grades and Financial Aid

Federal regulations require the Office of Student Aid to review your record any time you receive one or more "F" grades.

Summer Aid to Disburse After July 1

Summer financial aid, including loans, will disburse into your student bursar account after July 1.

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