Student Financial Assistance

Contact

Assistance with Student Financial Aid Inquiries

General

Eligibility

Determination of Eligibility
Study Abroad - Student financial aid is available to students who study abroad through Penn State Programs.

Employment

Terms and Conditions of Student Employment

Finances

Financial Aid Disbursement
Dropping Credits and Aid Adjustment - Dropping credits can impact current semester and future semester eligibility.

Financial Aid Programs

State Grant Information
Loans
- Code of Conduct for Education Loans
- Department of Education Student Loan Information
- Federal Direct Loan Deferments
- Federal Direct Loan Forgiveness
- Federal Perkins/University Loan Deferments and Cancellations
- Loan Counseling and Exit Counseling
- Log into studentaid.gov to access your federal loan history from the National Student Loan Database System (NSLDS)
- Private Loan Lenders
- Student Loan Default Rate

Default Summary Report 2019

**Default Summary Report 2019**
3 Year Rate	Penn State	All PA Schools	Public 4-Yr	Nat'l Avg All Schools
2019	1.4%	2.85%	1.80%	2.30%

National Student Loan Database System (NSLDS)

Federal Direct loan information will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guarantee agencies, lenders, and institutions determined to be authorized users of the data system.

Policy

Penn State's Financial Aid Satisfactory Academic Progress Policy

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.