On average, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.
Penn State Shenango meets 49.7% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Penn State Shenango is around $14,498 a year.
Graduates in the class of 2023 had an average of $29,207 in student loans per borrower.
**Penn State Shenango is a public, state institution, **
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to check your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.
Explore other Pennsylvania colleges
Tuition at Penn State Shenango is the same for every student.
Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Penn State Shenango-specific grants, scholarships, and other funding opportunities.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Penn State Shenango.
Meal-plan costs may vary depending on the number of meals you intend to eat on-campus
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 books from students who have already taken the course.
Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have resources so that those with demonstrated need to get help covering these fees.
The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation 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 transportation budget.
The location of a college or university can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is often costly, but there may be more trains, busses and affordable flights to actually get to school. Penn State Shenangois located in a town in Pennsylvania.
When creating a budget for college, be sure to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Penn State Shenango.
What will the cost of attending Penn State Shenango 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.
Penn State Shenango’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Course load for part-time students •Course level for both full and part-time students
The majority of Penn State Shenango undergrads use financial aid to to cover the cost of tuition. In 2023, 161 of the 281 undergrads enrolled received financial aid. Penn State Shenango meets 49.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,498 a year. Around 82.35% of Penn State Shenango undergrads take out student loans to cover any remaining costs. Penn State Shenango graduates who have student loans graduate with an average of $29,207 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $24,019 |
Private Loans | $48,423 |
Most Common Loans for Penn State Shenango Students | |
---|---|
Federal Loans | 82.35% |
Private loans | 8.82% |
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 Shenango financial aid, keep reading, or visit their financial aid website.
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 Shenango awarded 127 need-based scholarships to students, giving away total of $2.2 million to help students with financial need cover the cost of school. An additional $180,000 in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Shenango 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 Shenango was $14,498 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 Shenango seem more manageable.
What will attending Penn State Shenango 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Penn State Shenango's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Penn State Shenango does not have guaranteed tuition.
Penn State Shenango offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Penn State Shenango has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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 Shenango's endowment, check with the school directly.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
See what others are saying about Penn State Shenango in the College Confidential forums
Tuition & Fees
Unknown
In StateUnknown
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
Want to find money for school that doesn’t need to be paid back? Access insights and advice on how to search and apply for scholarships!
Claim your page to customize your profile and connect with students!
Connect with the world's largest college forum for candid, authentic discussion.