I am confused by an award letter from Penn State, there was no mention of a Scholarship or Aid other than the $5,500 that everyone gets in Stafford loans, yet the tuition estimate is much lower than the in-state tuition. Is this the way Penn State awards Financial Aid? I live out of State and expected the tuition alone to be in excess of 32K annually and the estimate below that came right from the award letter indicates a tuition of $6742 per semester, which I don’t understand.
If someone can provide some clarity it would be greatly appreciated.
Estimate of Costs:
Tuition - Undergraduate Spring 2019- $6742.00
Fall 2018- $6742.00
Information Technology Fee Spring 2019- $252.00
Fall 2018- $252.00
Student Fee Spring 2019- $258.00
Fall 2018- $258.00
Room Spring 2019- $3090.00
Fall 2018- $3090.00
Meals Spring 2019- $2550.00
Fall 2018- $2550.00
Books & Supplies Spring 2019- $920.00
Fall 2018- $920.00
Transportation Spring 2019- $783.00
Fall 2018- $783.00
Miscellaneous Spring 2019- $1611.00
Fall 2018- $1611.00
Direct Loan Fee Spring 2019- $41.00
Fall 2018- $41.00
Total - $32,494.00
Financial