Penn State Beaver

Usually, colleges raise tuition about 3% each year.

Remember, the displayed price of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay for college feel more doable until you're done with college.

Penn State Beaver meets 59.7% of the demonstrated financial need for undergraduates. First-year students that attend Penn State Beaver full-time are awarded $13,466 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $33,023 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Penn State Beaver

**Penn State Beaver is a public, state institution, **

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Pennsylvania residents.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to verify your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria as well, depending on the state you and your parents currently reside in.

Explore other Pennsylvania colleges

Is Penn State Beaver's Tuition Different for International Students?

Tuition at Penn State Beaver is the same for each student.

International students usually do not qualify for for federal financial aid, but may be eligible for private or Penn State Beaver-specific aid and scholarships.

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Penn State Beaver Room, Board, Fees, and More

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In addition to tuition, 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 Beaver.

House and Food Costs at Penn State Beaver

Meal-plan costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Penn State Beaver?

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges 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 Greek Life, or playing on an intramural sports team. Many schools offer ways for students with financial need to find ways to lower or eliminate these fees.

Transportation costs

The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation.

The location of a college or university 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 other hand getting around in an urban area is usually expensive, but there may be more trains, busses or low-cost flight options to actually get to school. Penn State Beaveris in a town in Pennsylvania.

Other Costs

When budgeting for college, don’t forget to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Penn State Beaver

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Penn State Beaver.

How Much Does Penn State Beaver Cost?

What will the cost of attending Penn State Beaver 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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Penn State Beaver Financial Aid

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The majority of Penn State Beaver undergrads use financial aid to to cover the cost of tuition. In 2023, 321 of the 533 undergrads enrolled received financial aid. Penn State Beaver meets 59.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,466 a year. Around 78.57% of Penn State Beaver undergrads take out student loans to cover any remaining costs. Penn State Beaver graduates who have student loans graduate with an average of $33,023 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,937
Penn State Beaver-Specific Loans	$4,625
Private Loans	$34,716

Most Common Loans for Penn State Beaver Students
Federal Loans	76.53%
Institutional Loans	4.08%
Private loans	21.43%

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 Beaver financial aid, keep reading, or visit their financial aid website.

Scholarships at Penn State Beaver

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 Beaver awarded 212 need-based scholarships to students, giving away total of $3.2 million to help students with financial need cover the cost of school. An additional $370,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Penn State Beaver 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 Beaver 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 Beaver was $13,466 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 Beaver seem more manageable.

What will attending Penn State Beaver 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 Beaver's net cost calculator on their website.

Penn State Beaver 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 Beaver Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a 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 Beaver'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 Beaver's endowment, check with the school directly.

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Learn More About Penn State Beaver

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To learn more about Penn State Beaver, choose from the options below:

Overview

Student Life

Academics

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