STUDENT AID INFORMATION
Exhibit H-1:
2000-01 Total Student Aid
All Locations
(Includes Grants, Scholarships, and Loans)
      Dollars   Number of
Students
 
    Federal Grant Aid $40,961,803   17,476  
    Federal Scholarship Aid 9,710,191   2,167  
    Federal Loan Aid 257,979,681   43,674  
    Federal Work Aid 4,589,003   4,016  
     
 
 
    TOTAL FEDERAL AID 313,240,678   42,418 *
             
    State Grant Aid - (PHEAA) 51,989,381   23,483  
    State Grant Aid - (Other) 2,406,309   443  
    State Scholarship Aid 2,214,618   776  
    State Loan Aid 0   0  
    State Work Aid 11,264   11  
     
 
 
    TOTAL STATE AID 56,621,572   24,297 *
             
    Institutional Grant Aid 45,523,213   12,738  
    Institutional Scholarship Aid 31,727,611   11,236  
    Institutional Loan Aid 987,581   424  
    Institutional Work Aid 1,846,884   419  
     
 
 
    TOTAL INSTITUTIONAL AID 80,085,289   21,868 *
             
    Private Grant Aid 7,769,227   474  
    Private Scholarship Aid 15,002,777   7,098  
    Private Loan Aid 9,321,091   1,529  
    Private Work Aid 0   0  
     
 
 
    TOTAL PRIVATE AID 32,093,095   8,011 *
    TOTAL OF ALL AID $482,040,634   60,086 **
             
*Unduplicated count within an aid category. Many students receive more than one type of aid.
**Unduplicated total count of students receiving grants, scholarships, and/or loans.            
 


Exhibit H-2:
FINANCIAL SUPPORT PROFILE FOR PENN STATE STUDENTS


The majority of all full-time Penn State students (55%) receive partial or full tuition and fees reduction. Half of Penn State students with reduced tuition receive a reduction of at least 60% of their tuition and fees.

32,654 Penn State undergraduate and graduate students (exclusive of Penn College, the College of Medicine, and the Dickinson School of Law) receive grant and/or scholarship assistance that covers at least some of their tuition. This is out of a total of 59,724 full-time students enrolled at 21 of Penn State's campuses.

29,369 undergraduates receive some kind of grant or scholarship assistance. This figure does not include loans, only outright grants and scholarships. This is out of a total of 55,077 full-time undergraduate students enrolled at 21 of Penn State's campuses.

6,752 students, or 23% of those receiving aid receive amounts at least equal to their full tuition charges. 6,217 of these students are in-state students; 535 are from out-of-state; 3,707 are at University Park; 3,045 are at locations other than University Park.  
  4,762 students, or 16% of those receiving aid receive up to 20% of tuition in grant funds. 5,685 students, or 19% of those receiving aid receive between 20% and 40%.
4,167 students, or 14% of those receiving aid receive between 40% and 60%
5,287 students, or 18% of those receiving aid receive between 60% and 80%
2,716 students, or 9% of those receiving aid receive between 80% and 99.9%

3,285 graduate students receive some kind of grant, scholarship, or fellowship assistance, including the tuition portion of a graduate assistantship (exclusive of the College of Medicine and the Dickinson School of Law). This is out of a total of 4,647 full-time students enrolled in graduate programs.

3,151 students, or 96% of these students receive full tuition.
 


Exhibit H-3:
PENNSYLVANIA STATE UNIVERSITY
TASK FORCE on TUITION
STUDENT AID / INCOME ANALYSIS 2000-01
                         
Residency
and
Housing
Dep Status Income
Range
Number
of Students
Ave Income Ave EFC Ave Grants/
SCH
Ave
Loan
Ave Aid
Package
Ave Full Unmet
Need
Ave
Uunmet
Need -
Direct Costs
Sum Unmet Need Direct Costs
                         
PA RES/ D $0-25,000   1,434 $14,089 $683 $5,621 $2,677 $8,297 $2997 $303 $434,621
COMMUTER D $25,001-40,000   1,336 32,488 2,776 3,687 3,090 6,777 2679 206 275,833
  D $40,001-65,000   2,645 52,340 6,311 1,884 3,133 5,016 1734 79 207,814
  D $65,001-85,000   1,495 74,079 12,245 661 3,118 3,779 503 22 32,738
  D $85,001-100,000   554 91,651 16,944 504 2,946 3,447 252 12 6,604
  D $100,001 +   615 129,166 27,783 429 3,092 3,521 29 0 0
                         
  I INDEPENDENT   27 0 1,423 4,595 4,874 9,468 4,148 384 10,380
                         
PA RES/ D $0-25,000   2,931 14,154 785 6,522 4,233 10,755 3,291 1,335 3,911,885
LIVING D $25,001-40,000   2,774 32,616 2,633 4,887 4,227 9,111 3,373 1,496 4,149,275
ON/OFF D $40,001-65,000   5,669 52,636 6,401 3,136 4,046 7,180 2,438 981 5,560,682
CAMPUS D $65,001-85,000   4,197 74,783 12,022 1,649 3,794 5,443 922 290 1,215,820
  D $85,001-100,000   2,243 91,908 16,438 933 3,865 4,798 570 155 346,907
  D $100,001 +   3,747 135,525 28,836 774 3,624 4,398 137 30 110,716
                         
  I INDEPENDENT   3,963 0 2,573 5,407 5,898 11,304 1,844 716 2,838,811
                         
  NO FASFSA FILED 12,134 0 0 856 0 856 0 0 0
                         
                         
                         
NON-PA RES D $0-25,000   530 13,374 532 6,250 5,297 11,547 8,556 6,255 3,315,304
  D $25,001-40,000   464 32,502 2,696 4,080 4,870 8,950 9,590 7,293 3,384,030
  D $40,001-65,000   811 52,512 6,792 2,602 4,205 6,808 8,311 6,100 4,946,893
  D $65,001-85,000   643 74,829 13,629 2,007 3,922 5,929 4,519 2,905 1,8679,91
  D $85,001-100,000   477 92,201 17,688 1,531 3,699 5,229 2,506 1,520 725,053
  D $100,001 +   1,848 145,558 32,292 1,159 3,537 4,696 910 453 837,749
                         
  I INDEPENDENT   143 0 1,372 5,517 7,148 12,664 5,742 3,912 559,401
                         
  NO FASFSA FILED 3,565 0 0 1,716 0 1,716 0 0 0
                         
                         
 


Exhibit H-4:
DEFINITIONS FOR STUDENT AID/INCOME ANALYSIS
Residency and Housing –

PA RES/Commuter -- student is PA resident and lives at home with parents.

PA RES/Living on/off campus -- student is PA resident and has housing costs, either to the University or to a third party.

NON-PA RES -- student is a non-PA resident for tuition purposes and the assumption is that the student incurs housing costs.

DEP Status (Dependency Status) – D - Dependent for federal aid purposes, generally traditional students; I - Independent for federal student aid purposes, independent criteria is similar to University's definition of adult/non-traditional student.

Income Range – Income is defined as Adjusted Gross Income plus untaxed income as reported on the Free Application for Federal Student Aid. For dependent students, only parents income is being calculated, for Independent students, student and spouse income is being used.

Number of Students – The number of students enrolled full-time Fall 2000 who fit into the specific cell.

AVG Income (Average Income) – The average income for the students who fell into the specific cell.

AVG EFC (Average Expected Family Contribution) – The expected family contribution is calculated using a formula approved by congress that is primarily based on a family's income, household size and number in college as well as a percentage of net assets.

AVG Grants/SCH (Average Grants and Scholarships) – All federal, state, institutional and private grants and scholarships are totaled.

AVG Loan (Average Loan) – Traditional loan programs that are available to the student are included such as Federal Stafford (both subsidized and unsubsidized), Federal Perkins Loan and university Loans. Private loans and Parent loans were not included.

AVG Aid Package (Average Aid Package) – The average amount of students loans as defined above, grants and scholarships.
 
AVG Full Unmet Need – The average unmet need based on the full cost of attendance as defined by student aid policy which includes tuition, fees, room, board, books, transportation costs and miscellaneous costs. Unmet need is defined as the portion of the cost of attendance that is not covered by the expected family contribution or student aid resources.

AVG Unmet Need - Direct Costs – The unmet need, based on direct costs, is similar to the above but only looks at tuition, fees, room, board (commuters do not use room or board in direct cost computation) and books to determine the cost.

Sum Unmet Need Direct Costs – This column takes the number of students multiplied by the direct unmet need to determine an aggregate unmet need for the particular cell.
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