When combined with grants and loans, scholarships can make a college education far more affordable and accessible. There are two main types of Penn State campus scholarships for new and returning students:
- Merit-based - Rewarding academic performance
- Need-based - Addressing financial circumstance and income
Penn State is unique in that each campus has a list of scholarships specific to that location while some scholarships are available to students throughout the University. It is common for students to receive a combination of scholarship types in their financial aid package, so understanding the timing and process of scholarship review can help students receive the best possible package.
Delays in accepting offers of admission may result in the reallocation of funds, so students are encouraged to accept their offer of admission in a timely manner to secure their scholarship award.