Penn State New Kensington

Usually, colleges raise tuition about 3% each year.

If this makes attending the college of your dreams sound impossible, remember, the displayed price of tuition does not mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay for college feel more doable until after graduation.

Penn State New Kensington meets 56.4% of the demonstrated financial need for undergraduates. First-year students that attend Penn State New Kensington full-time are awarded $10,756 a year in financial aid, on average.

In 2020, students graduated with an average of $35,145 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Penn State New Kensington

**Penn State New Kensington is a public, state institution, **

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.

Explore other Pennsylvania colleges

Penn State New Kensington International Student Tuition

Penn State New Kensington has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Penn State New Kensington-specific grants, scholarships, and other funding opportunities.

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Penn State New Kensington Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Penn State New Kensington.

House and Food Costs at Penn State New Kensington

Board costs vary based on on the number of meals you intend to eat on-campus

How Much Do Books Cost at Penn State New Kensington?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways for students with financial need to get help covering these costs.

The Cost of Transportation at Penn State New Kensington

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation.

A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city may be costly, but there may be more trains, busses or low-cost flight options to actually get to school. Penn State New Kensingtonis in a town in Pennsylvania.

Other Costs

When estimating your budget for college, be sure to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Penn State New Kensington

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Penn State New Kensington.

Total Cost of Penn State New Kensington

What will the cost of attending Penn State New Kensington be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Penn State New Kensington

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The majority of Penn State New Kensington undergrads use financial aid to finance their education. In 2023, 272 of the 480 undergrads enrolled received financial aid. Penn State New Kensington meets 56.4% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $10,756 a year. Around 69.01% of Penn State New Kensington undergrads take out student loans to cover any remaining costs. Penn State New Kensington graduates who have student loans graduate with an average of $35,145 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,029
Penn State New Kensington-Specific Loans	$4,000
Private Loans	$41,297

Most Common Loans for Penn State New Kensington Students
Federal Loans	67.61%
Institutional Loans	1.41%
Private loans	22.54%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Penn State New Kensington financial aid, keep reading, or visit their financial aid website.

Scholarships at Penn State New Kensington

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Penn State New Kensington awarded 179 need-based scholarships to students, giving away total of $2.4 million to help students with financial need cover the cost of school. An additional $300,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Penn State New Kensington Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Penn State New Kensington students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Penn State New Kensington was $10,756 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Penn State New Kensington seem more manageable.

What will attending Penn State New Kensington really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Penn State New Kensington's net cost calculator on their website.

Penn State New Kensington Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Penn State New Kensington Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Penn State New Kensington's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Penn State New Kensington's endowment, check with the school directly.

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Learn More About Penn State New Kensington

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