Financial Aid

The lawn of Old Main on Penn State's University Park Campus

Financial Aid

World Campus makes many options available to help you pay for your education. Full- and half-time degree-seeking students are eligible for federal student aid. To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). For complete eligibility guidelines and information on financial aid, please visit the World Campus page of the Office of Student Aid.

Using Financial Aid to Pay for Books and Other Expenses
Students who have an excess of financial aid after it has been applied may use those funds for other educational expenses, including books and special equipment. Please note that funds may not be available until after the semester has begun, and you may be responsible for purchasing materials before classes start. (World Campus does not offer book vouchers.) For more information on estimating your costs and financial planning, review the Student Aid Summary Guide

Deferred Payment Plan

Penn State offers a deferred payment plan, which allows you to pay your tuition bill in installments over three months. Deferred payment, as well as eCheck and credit card payments, are explained on the payment options page of the Penn State Office of the Bursar.

Third-Party Payments

World Campus accepts payments made by a third party — your company, for example. If your company is paying for your tuition and fees, our World Campus and Continuing Education Bursar Office must receive an authorization to bill. An authorization to bill is a form from your company on letterhead and must include your name, semester of enrollment, company address, and payment amount. Once Penn State receives an authorization to bill, your employer has 30 days to make the payment.

Tuition Assistance for Unemployed Members of the Workforce

If you are unemployed or recently laid off from your job, you may be eligible for educational benefits through the Trade Adjustment Assistance (TAA) or Workforce Investment Act (WIA). Contact us to learn more about these benefits and to get details about your options.

Military Payment Options

Penn State offers extensive tuition assistance to military students and veterans, including GI Bill and grant-in-aid, as well as ROTC and Yellow Ribbon programs. Please visit the military education benefits page for details.

Transfer Students

If you've transferred to Penn State from another institution and are applying for financial aid, there is an additional step you must take to ensure that your aid is processed quickly and accurately. After you have filed the FAFSA and submitted your transcripts, you must inform your previous institution you will not be returning and confirm that your previous institution has cancelled any pending aid disbursements. You cannot receive federal aid at two different institutions at the same time. Depending on the point in the academic year in which you decide to transfer, your aid eligibility may be limited if you already accessed a significant portion of aid elsewhere. View the annual loan limits for Federal Direct Stafford Loans

Additional Transfer Student Aid Resources:

  • The National Student Loan Data System allows you to review your borrowing history and learn how to manage your student loan debt. You will need to have your Federal Student Aid PIN ready.
  • If you have loans in deferment, you will want to ensure that they remain in deferment. Penn State participates in the National Student Clearinghouse, an enrollment verification system, and updates your enrollment records periodically throughout the semester after the drop/add period. If you need to have the "in-school deferment" request sent to your loan provider, after you have registered for classes, please visit eLion and select "Academic Verification" and follow the instructions to complete your request.

Important: Certificate programs are not eligible for federal aid, including Federal Direct Student loans. You may want to consider other payment options or consider an alternative/private loan