P
#2 Best Public Universities in Pennsylvania

Penn State Tuition & Cost

University Park, Pennsylvania

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How much does it cost to attend?

In State Pennsylvania Resident Sticker Price
$36,962
In State Costs for Penn State Main Campus
Fee Cost
Tuition$17,416
Books and Supplies$1,840
Other Fees$1,034
Room and Board $11,884
Other Expenses Budget$4,788
Out of State Resident Sticker Price
$54,026
Out of State Costs for Penn State Main Campus
Fee Cost
Tuition$34,480
Books and Supplies$1,840
Other Fees$1,034
Room and Board $11,884
Other Expenses Budget$4,788

Residents of Pennsylvania pay an annual total price of $36,962 to attend Penn State Main Campus on a full time basis. This fee is comprised of $17,416 for tuition, $11,884 room and board, $1,840 for books and supplies and $1,034 for other fees.

Out of state residents are charged a total cost of $54,026 which is 46.2% higher than Pennsylvania residents. The tuition charge is $34,480 while room and board is $11,884, books and supplies are $1,840 and other fees come in at $1,034.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Penn State Main Campus when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$24,724
Net Price by Income Penn State Main Campus
Family Income Net Price Paid
$0 to $30,000$20,814
$30,001 to $48,000$22,051
$48,001 to $75,000$25,704
$75,001 to $110,000$29,852
$110,000+$31,896

The average reported annual net price for Penn State Main Campus for students receiving grants or scholarship aid was $24,724 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

50% of full-time undergrad Penn State Main Campus received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,678 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 51% of students received Federal Student Loans averaging $5,341 and 14% of undergrads took out private student loans averaging $18,593.

Finanical Aid Penn State Main Campus
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,678 50%
Institutional Grants and Scholarships $5,855 43%
Pell Grants $4,625 22%
Other Federal Grants $1,422 8%
State and Local Grants $3,343 21%
Federal Student Loans $5,341 51%
Other Student Loans $18,593 14%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Penn State Main Campus, we've modeled a ten year student loan with an original principal value of $85,368. The loan balance of $85,368 is a four year multiple of the $21,342 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $815 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $85,368
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $814.50
Total Interest Paid $12,372.59
Sum of All Loan Payments $97,740.59

Projected 4 Year Degree Price

4 Year Sticker Price
$147,848
Year Pennsylvania Residents Non Residents
1 $36,962 $54,026
2 $37,338 $54,576
3 $37,719 $55,132
4 $38,103 $55,694

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Penn State Main Campus to be $147,848 - assuming graduation in normal time. The estimation assumes a 1% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Penn State Main Campus
Price Per Credit 3 Credit Class 4 Credit Class
Pennsylvania Residents $726 $2,178 $2,904
Out of State Residents $1,437 $4,311 $5,748

Estimated cost for a class at Penn State Main Campus based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Penn State Main Campus versus other colleges.

Tuition Payment Plans Available

Penn State Main Campus Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=214777 IPEDS survey data for Penn State Main Campus.