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How to Accept, Decline, or Decrease Your Financial Aid Award in LionPATH

Certain types of aid need to be accepted before they are applied to your bill.

Aid that Must be Accepted to be Applied to Your Bill

After you accept your offer of admission to Penn State and pay the required fees, you can accept, decline or decrease your financial aid. The following types of aid must be accepted in order to be applied to your bill:

  • Federal Direct Subsidized Loans
  • Federal Direct Unsubsidized Loans
  • Federal Perkins Loans
  • Graduate PLUS Loans
  • Private Alternative Loans
  • University Loans
  • Federal Work-Study
Some scholarships request that you submit a thank you note before it will show as accepted. You can verify if a scholarship thank you note is required via your LionPATH Student Center.

 

View Your Aid

  1. To view your eligible awards, click the "Accept/Decline Awards" link in the Finances Section (see image below).
    acceptdeclineaid.png
    Student Center (click to enlarge)
  2. Then click the link for the aid year you want to view; for example, select "2018" to view the 2017-18 academic year.

 

Accept, Decline, and/or Decrease Your Award(s)

Do not decline your aid until you have viewed your bill and know you will not need these funds for the semester.

To accept or decline ALL of your awards, use the "accept all" or "decline all" buttons. Please note that clicking "decline all" will not decline any grants, scholarships, or Parent PLUS Loans you may have been awarded.

To accept a single award, check the "Accept" checkbox next to the award name.

To decrease an award, first check the "Accept" checkbox; then you can decrease the award under the "Accepted" column. Also, if you decrease or decline any awards, you cannot increase them after clicking "Yes."

To decline an award, check the "Decline" checkbox next to the award name. Keep in mind that if you choose to decline an award, you are declining it for the whole year.

If you later wish to reinstate aid you declined, contact us.


 

Step-by-Step Instructions

To walk through the whole process, follow the LionPATH tutorial on accepting, declining or decreasing your financial aid award.

timeline

 Timeline

fafsa

FAFSA

lionpath

LionPATH

tutorials

Tutorials

calculator

Aid Calculator