We refer to your financial aid package as your 'financial aid offer'. See below for details.

Accepted Students

If you’ve been accepted for the fall semester and completed your 2024-25 FAFSA, head over to the Student Portal once Penn College has processed your FAFSA to view your financial aid offer. Once your fall semester schedule exists, you can also view your eBill from the Student Portal.

Cost Estimator

Head on over to the First-Year Cost Estimator to find the expected annual costs for your intended program of study, residency status, and housing and food options using our helpful tool.

Award Notification

All of your aid may not be awarded at the same time. The process is ongoing. Timing depends on how promptly you complete your applications. Check the Student Portal to see your latest award info.

Your eligibility notice for a state grant will come to you directly from your state's higher education agency. For Pennsylvania residents, PHEAA will email you starting in September to advise you on how you can learn if you are eligible for a PA State Grant.

View Award Timeline

Financial Aid & Your Tuition Bill

Penn College bills students one semester at a time. Tuition bills become available in July for the Fall semester and mid-November for the Spring. In addition to the amounts you have been charged for the upcoming semester, you will also see on your bill any aid that has been applied to your account.

Penn College will only bill for direct costs to the institution. These include tuition, fees, on-campus housing, and dining plans. You may have other indirect costs that are not billed, including off-campus housing and food expenses, transportation, books, and supplies. All of your direct and indirect costs are factored into your total Cost of Attendance (COA). Your COA is the total amount you may be awarded in all types of financial aid.

If additional assistance is needed to help pay a balance on your bill or to cover your indirect costs in excess of your bill (up to your total COA), you may consider opting in to a Penn College payment plan, or applying for a Federal Direct Parent PLUS loan or a private alternative student loan.

Learn more about the billing process from the Bursar's Office webpage.