Aid Notification

Aid Notification Availability

Find out when you will receive your financial aid notification from Penn State.

How to View Your Award Summary and Estimated Financial Aid Budget

Learn about the student financial aid (loans, grants, work-study, and scholarships) for which you qualify.

How to Accept, Decline, or Decrease Your Financial Aid

After you accept your offer of admission to Penn State and pay the required fees, you will need to accept, decline, or decrease your financial aid. We will activate this option in LionPATH after the May 1 acceptance deadline for new students. For returning students, you can accept your financial aid once you have been awarded.

Special or Unusual Circumstances

When you submit the Free Application for Federal Student Aid (FAFSA), you are required to enter income information from two years prior to the current year. If your family’s financial situation has changed in a subsequent completed tax year, you may be eligible for additional financial aid through a special circumstance evaluation.

Review the additional steps you need to take in order for your aid to disburse, to pay the balance, and to receive your refund for additional expenses.

Student Debt Relief

Avoid SCAMS

FRESH Start Initiative

Payment Pause Ends*

*Congress recently passed a law preventing further extensions of the payment pause. Student loan interest will resume starting on Sept. 1, 2023, and payments will be due starting in October.

Loan Debt Relief*

*The Supreme Court issued a decision blocking FSA from moving forward with the one-time student debt relief plan. Learn more about the actions President Biden announced following the decision and find out how this decision impacts you. Subscribe for updates.