Multiple sources demonstrate there is no shortage of data regarding American's financial situation. Average credit card debt is over $6,000. Around 40 percent of Americans have less than $300 in the bank. Around half of Americans said they were having difficulty paying their bills in 2023, and 49 percent of Americans say their finances have a negative impact on their mental health.
Get Help on Your Campus
The Financial Aid department on your campus should be an early and often stop to ensure you have completed every available application and that you have a full understanding of your financial aid decisions. Always ask questions until you are clear. Additionally, if you are having financial issue outside of your cost of education make sure to let somebody know in case you can be connected with additional resources: financial aid advisor, academic advisor, instructor, or student services member.
Resources
FAFSA® Application | Federal Student Aid is where students can apply for financial aid to attend any college or university, as well as other postsecondary opportunities within Pennsylvania and around the country. For more information on how it operates and for federal financial aid questions visit the FSA website.
PHEAA: One of the Nation's Leading Student Aid Organizations is the Pennsylvania Higher Education Assistance Agency and offers a variety of publications, resources, and personnel who help students pay for postsecondary education. The Pennsylvania State Grant is the largest grant program in the state.
Foster Ed, or the PA Fostering Independence Tuition Waiver Program, was implemented to ensure that all tuition and fees are covered for students who were in the Foster Ed system after all other financial aid, including their Chafee Grant eligibility, has been applied to their balance.
The Penn State Sokolov-Miller Family Financial and Life Skills Center offers open-access financial resources such as: Self Study Modules, Webinars, and Events.