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Financial Aid Requirements

Penn State Beaver To be eligible for federal and state financial aid, students must: 
  • Complete the Free Application for Federal Student Aid (FAFSA) each year. Penn State's FAFSA School Code is 003329
  • Be enrolled/accepted in an eligible program of study.  
  • Be enrolled at least half-time (6 credits for undergraduate students, 5 credits at the 400 level or above for graduate students).
  • Have a high school diploma, a GED, or a passing "ability to benefit" test.  
  • Be a U.S. citizen or eligible non-citizen with a valid Social Security Number.
  • Be registered with the Selective Service (if male between the ages of 18-25).  
  • Not have your eligibility suspended or terminated due to drug-related conviction.
  • Not be in default on a Federal student loan.  
  • Not owe repayment of a Federal grant.
  • Maintain satisfactory academic progress  as defined by the higher education institution.


TIP: While it is not required, it is highly recommended that students/parents submit the FAFSA using a federal Personal Identification Number (PIN). Using a PIN, rather than "paper signatures," can cut the federal processing time to just a couple of weeks.  

 

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