Skip to content. | Skip to navigation

Personal tools
Log in

Navigation

You are here: Home / Aid Notification / Action Steps to Financial Aid

Action Steps to Financial Aid

Apply for financial aid

Submit a Free Application for Federal Student Aid (FAFSA)

https://studentaid.ed.gov/sa/fafsa

Hands typing on computer with coffee cup

Respond to requests for information

Verification is a federal process that requires colleges and universities to verify the information provided by students and parents on the Free Application for Federal Student Aid (FAFSA). If you are selected, you will receive a notification from our office.

https://studentaid.psu.edu/aid-the-bill/verification

Paperwork, pen, pencil, and magnifing glass

Review your Aid Award

Students will receive a financial aid notification sent to the email submitted on the FAFSA when the Penn State awarding process begins.

https://lionpathsupport.psu.edu/

Paperwork, money, and person using a calculator

Accept, Decrease, or Decline your loans in LionPATH

You need to accept your subsidized, unsubsidized, and graduate PLUS loans if you intend to use them as an aid source. You can also choose to decrease these loans if you do not need the entire loan amount, or you can decline them if you do not need to use them. If you change your mind later in the year, contact us to increase the amount or reinstate them.

https://studentaid.psu.edu/aid-notification/how-to-accept-decline-decrease-federal-direct-loans

Accept or decline buttons

Complete Loans Entrance Counseling and your Master Promissory Note

In most cases, you will only need to complete these items once during your college career. You can complete these requirements at any time once you have been accepted to Penn State.

https://studentloans.gov/myDirectLoan

Checklist

 

Find additional financial options

Financial aid typically covers only a portion of your educational costs, which include tuition and fees, living allowance (housing and meals), and books and supplies. Find out what else in available.

https://studentaid.psu.edu/understand-financial-debt/strategies

Graphic of coins and cash

Search for Scholarships

Each year, Penn State enrolls many outstanding and academically talented students. Therefore we cannot assist all deserving students with scholarships. Scholarship funds are very competitive and limited, and Penn State cannot guarantee an award to every student who may rank at or near the top of their class

Academic College Scholarships:

https://studentaid.psu.edu/types-of-aid/scholarships/academic-colleges

Administrative Unit Scholarships:

https://studentaid.psu.edu/types-of-aid/scholarships/athletics-ROTC-fellowship-libraries-and-more

Office of Student Aid Scholarships:

https://studentaid.psu.edu/types-of-aid/scholarships/university-wide

Outside scholarships:

https://studentaid.psu.edu/types-of-aid/scholarships/outside-of-penn-state/resources

Laptop with hand and magnifying glas

Follow us on Social Media

Stay up-to-date on current topics, resources available to students, and outside scholarship postings.

Graphic with social media icons

Facebook:

Link to our Facebook Page @PennStateOfficeofStudentAid

Twitter:

Twitter icon. White bird with blue background. @PSU_OSA

calculator

Action Steps to Aid

fafsa

FAFSA

timeline

 Timeline

lionpath

LionPATH

tutorials

Tutorials

calculator

Aid Calculator

calculator

Money Manager

calculator

Loan Repayment