<p>Since I plan on applying to Penn State someday, I was wondering how much money they give to stuents who are out of state? Also, how much would it cost annually to attend Penn State out of state? How many scholarships do they give out, and how hard is it to find and get these scholarships? My parents say that I may not be able to get much fiancial aid, so is there anything else to lower the amount of money needed other than loans? I know I may have to go into loans anyway if I go to Penn State, but if I were to go to Penn State with 10,000 dollars from a job, how hard would it be to go to Penn State with little to no loans?</p>
<p>EDIT: I also plan to apply to either or both University Park and Eberly college.</p>
<p>Very very very little. They rarely give scholarships regardless of whether or not your OOS. It might cost you about 38 thousand a year without books and various other miscellaneous costs. With the entire FinAid package and any scholarships or grants, It hardly ever covers the full cost. I’ve yet to hear of someone who’s scholarships are covering all of tuition unless their getting a free ride.</p>
<p>I’d suggest looking for scholarships outside penn state.</p>
<p>I got $5,500 in loans from FAFSA and $11,150 in grants/scholarships from Penn State.</p>
<p>Edit: the other responses are on-track. Penn State is really bad with FA, but you should still apply for them. Also, what you can do (what I did) is to live off campus in an apartment (which basically cuts about $10,000 rooming and boarding from tuition, making it WAY cheaper). If you do this, you can get your in-state residency after only a year, and after the first year, you get in-state tuition. And with the grants and scholarship I got from Penn State and other things, it actually makes it quite affordable. Illegal? Not sure. Possible? Yes! I’d definitely talk to the people who work at the office at Penn State because they helped me work out my money problems! My family is poor by the way ($10,000-20,000)</p>
<p>^^^grigg02 is correct in that it is sometimes less to live off-campus than on, even if you have to sign a 12-month lease. However, you are not necessarily considered a resident after one year, and in fact it is difficult to establish residency. You have to prove that you are not living in PA primarily for education purposes. If your parents reside in another state and you are a dependent for tax purposes, it is pretty tough to prove. My D is at PSU University Park, and after leasing an apartment for one year, is definitely NOT considered a resident for tuition purposes. You can go to the PSU Office of the Bursar, Residency guidelines to get further info.</p>
<p>Takeitallin is absolutely right - simply living off-campus for a year isn’t enough to establish PA residency (otherwise, virtually all upperclassmen would be considered in-state). This is specified on PSU’s website. </p>
<p>As the other posters have said, it’s very difficult for OOS students who need financial help, because Penn State gives very little.</p>
<p>Does that mean I have to give up my life dream of going to Penn State for undergraduate school and eventually move out into a community college instead where I may never achieve any of my dreams? Or is there some hope for me yet?</p>
<p>You could consider going to a community college for two years, saving all you can and applying as a transfer student. Also, the amount of money you would be able to borrow is not going to be enough to make up the difference; your parents would have to co-sign larger loans.</p>
<p>zier - not to my knowledge. Unfortunately, I think pretty much all undergrad aid is limited to strict dollar amounts, and doesn’t scale based on your tuition rate. On the bright side that means they can offer aid to more people, but it also means that you need more scholarship money to make a real dent than in-state students.</p>
<p>One last note - there is a threshold beyond which they will not award additional funds, and that IS scaled to your actual tuition. An in-state student who qualifies for 10 scholarships totalling $20k might only see half that, while you would see the full amount.</p>
<p>Do you think that maybe Itll be the full tuition price freshman year and within a year or so the price will drop due to scholarships from the program and what not?</p>
<p>^^
Not enough to make a significant difference. I think it’s prudent to plan for annual tuition increases and be sure you have the finances to pay for PSU. To enroll with the “hope” of future FA is very risky IMHO.
Good Luck!</p>