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Altoona Times

Wednesday, October 16, 2024

Cost of college went up for all students at Pennsylvania State University-Penn State Altoona

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In-state tuition and fees rose 0.1 percent for 2018-19 at Pennsylvania State University-Penn State Altoona, according to recent data from the U.S. Department of Education.

Pennsylvania residents paid $15,198 to attend the four-year public institution this year – $8 more than the $15,190 charged for 2017-18.

Non-residents paid 60.9 percent more than residents this year, or $24,450. Their price tag grew 3.2 percent from $23,692 in 2017-18.

About 77 percent of the school's undergraduate population are Pennsylvania residents. About 16 percent are residents of other states and 7 percent are citizens of other countries.

Data shows 81 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 752 students received grants or scholarships totaling $5.9 million and 822 students took out student loans totaling more than $7.5 million.

Including all undergraduates (3,244), 2,779 students used grants or scholarships totaling $16.8 million, and 2,130 students took out $13.2 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~2,498$14,610$14,828$15,190$15,1984%
Out-of-state~519$22,344$22,834$23,692$24,4509.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Pennsylvania State University-Penn State Altoona in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants37630%$1,864,079$4,958
State / local grant or scholarship36329%$1,196,330$3,296
Institutional grants or scholarships62049%$2,821,023$4,550
Grant or scholarship aid total75259%$5,881,432$7,821
Federal student loans80364%$4,313,781$5,372
Other student loans21317%$3,188,811$14,971
Student loan aid82265%$7,502,592$9,127
Total student aid1,01981%--

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