2012-2013 COMMON DATA SET

Penn State Mont Alto

H. Financial Aid


Aid Awarded to Enrolled Undergraduates

H1. Enter total dollar amounts awarded to enrolled full-time and less than full-time degree-seeking undergraduates (using the same cohort reported in CDS Question B1, "total degree-seeking" undergraduates) in the following categories. (Note: If the data being reported are final figures for the 2011-2012 academic year (see the next item below), use the 2011-2012 academic year's CDS Question B1 cohort.) Include aid awarded to international students (i.e., those not qualifying for federal aid). Aid that is non-need-based but that was used to meet need should be reported in the need-based aid columns. (For a suggested order of precedence in assigning categories of aid to cover need, see the entry for "non-need-based gift aid" on the last page of the definitions section.)

Indicate the academic year for which data are reported for items
H1, H2, H2A, and H6 below:





Which needs-analysis methodology does your institution use in awarding
institutional aid? (Formerly H3)






 
Need-based (Include non-need-based aid used to meet need)
Non-need-based (Exclude non-need-based aid used to meet need)
$
$
Scholarships/Grants   
Federal 2,565,588184,567
State (i.e. all states, not only the state in which your institution is located) 1,404,7032,070
Institutional: Endowed scholarships, annual gifts and tuition funded grants, awarded by the college, excluding athletic aid and tuition waivers (which are reported below).1,287,831150,875
Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college 448,174152,779
Total Scholarships/Grants 5,706,296490,291
Self-Help   
Student loans from all sources (excluding parent loans) 6,822,178832,153
Federal Work-Study 84,092 
State and other (e.g., institutional) work-study/employment (Note: Excludes Federal Work-Study captured above.) 00
Total Self-Help 6,906,270832,153
Parent Loans 2,105,511287,450
Tuition waivers
Note: Reporting is optional. Report tuition waivers in this row if you choose to report them. Do not report tuition waivers elsewhere.
132,157114,353
Athletic awards 00



H2. Number of Enrolled Students Awarded Aid: List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and were awarded financial aid from any source. Aid that is non-need-based but that was used to meet need should be counted as need-based aid.Numbers should reflect the cohort awarded the dollars reported in H1. Note: In the chart below, students may be counted in more than one row, and full-time freshmen should also be counted as full-time undergraduates.

 
First-time Full-time Freshmen
Full-time Undergrad (inc. Fresh)
Less than Full-time Undergrad
a) Number of degree-seeking undergraduate students (CDS Item B1 if reporting on Fall 2011 cohort)384936194
b) Number of students in line a who applied for need-based financial aid360852138
c) Number of students in line b who were determined to have financial need309754121
d) Number of students in line c who were awarded any financial aid304744119
e) Number of students in line d who were awarded any need-based scholarship or grant aid23357899
f) Number of students in line d who were awarded any need-based self-help aid261656107
g) Number of students in line d who were awarded any non-need-based scholarship or grant aid14930015
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, and private alternative loans)18405
i) On average, the percentage of need that was met of students who were awarded any need-based aid. Exclude any aid that was awarded in excess of need as well as any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans)64%64%48%
j) The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans)10,09910,8296,612
k) Average need-based scholarship or grant award of those in line e.6,2136,4013,349
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f3,4453,9563,878
m) Average need-based loan (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f who were awarded a need-based loan3,3573,8493,855





H2A. Number of Enrolled Students Awarded Non-need based Scholarships and Grants: List the number of degree-seeking full-time and less than full-time undergraduates who had no financial need and who were awarded institutional non-need-based scholarship or grant aid. Numbers should reflect the cohort awarded the dollars reported in H1. Note: In the chart below, students may be counted in more than one row, and full-time freshmen should also be counted as full-time undergraduates.

 
First-time Full-time Freshmen
Full-time Undergrad (inc. Fresh)
Less than Full-time Undergrad
n) Number of students in line a who had no financial need who were awarded institutional non-need-based scholarship or grant aid (exclude those who were awarded athletic awards and tuition benefits)21468
o) Average dollar amount of institutional non-need-base scholarship or grant aid awarded to students in line n3,8062,9461,920
p) Number of students in line a who were awarded an institutional non-need-based athletic scholarship or grant000
q) Average dollar amount of institutional non-need-based athletic scholarships or grants awarded to students in line p000



H3: Incorporated in H1 above.

Note: These are the graduates and loan types to include and exclude in order to fill out CDS H4, H4a, H5, and H5a.

Include:

  • 2012 undergraduate class who graduated between July 1, 2011 and June 30, 2012 who started at your institution as first-time students and received a bachelor's degree between July 1, 2011 and June 30, 2012.


  • only loans made to students who borrowed while enrolled at your institution.


  • co-signed loans.


Exclude:

  • those who transferred in.


  • money borrowed at other institutions.


H4. Provide the percentage of the class (defined above) who borrowed at any time through any loan programs (institutional, state, Federal Perkins, Federal Stafford Subsidized and Unsubsidized, private loans that were certified by your institution, etc; exclude parent loans). Include both Federal Direct Student Loans and Federal Family Education Loans.  66%

H4A. Provide the percentage of the class (defined above) who borrowed at any time through federal loan programs--Federal Perkins, Federal Stafford Subsidized and Unsubsidized. Include both Federal Direct Student Loans and Federal Family Education Loans. NOTE: exclude all institutional, state, private alternative loans and parent loans.  65%

H5. Report the average per-undergraduate-borrower cumulative principal borrowed of those in line H4.  $35,100

H5A. Report the average per-undergraduate-borrower cumulative principal borrowed, of those in H4a, through federal loan programs - Federal Perkins, Federal Stafford Subsidized and Unsubsidized. Include both Federal Direct Student Loans and Federal Family Education Loans. These are listed in line H4a. NOTE: exclude all institutional, state, private alternative loans and exclude parent loans.  $26,130

Aid to Undergraduate Degree Seeking Nonresident Aliens (Note: Report numbers and dollar amounts for the same Academic Year checked in item H1.)

H6. Indicate your institution's policy regarding institutional scholarship or grant aid for undergraduate
degree-seeking nonresident aliens:





If institutional financial aid is available for undergraduate degree-seeking nonresident aliens, provide the number of undergraduate degree-seeking nonresident aliens who were awarded need-based or non-need-based aid:  0

Average dollar amount of Institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  0

Total dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  0

H7.Check off all financial aid forms nonresident alien first-year financial aid applicants must submit:






Process for First-Year/Freshman Students

H8. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:








H9. Indicate filing dates for first-year (freshman) students:

H9. Indicate filing dates for first-year (freshman) students:
Priority date for filing required financial aid forms:FEB 15 RECOMMENDED
Deadline for filing required financial aid forms:   
No deadline for filing required forms (applications processed on a rolling basis):ROLLING OFFERS



H10. Indicate notification dates for first-year (freshman) students (answer a or b):

H10. Indicate notification dates for first-year (freshman) students (answer a or b):
Students notified on or about (date):   
Students notified on a rolling basis:YES
If yes, starting date:   



H11. Indicate reply dates:

H11. Indicate reply dates:
Students must reply by (date):N/A
or within weeks of notification:N/A



Students are not required to reply.

Types of Aid Available

Please check off all types of aid available to undergraduates at your institution:

H12. Loans:
FEDERAL DIRECT STUDENT LOAN PROGRAM
(DIRECT LOAN)









       PRIVATE LOANS


H13. Scholarships and Grants
(NEED-BASED)










H14. Check off criteria used in awarding institutional aid. Check all that apply.

Non-Need












Need-Based












H15. If your institution has recently implemented any major financial aid policy, program, or initiative to make your institution more affordable to incoming students such as replacing loans with grants, or waiving costs for families below a certain income level please provide details below: