Penn State University Tuition and Fees

By Susan Guillory

(Last Updated – 08/2026)

Total Cost of Attendance

The Pennsylvania State University, known as Penn State, is highly ranked for both its undergraduate and graduate programs, particularly in the area of entrepreneurship. In-state tuition for the 2026-27 school year at Penn State is $20,878. That’s almost twice the average for public four-year universities at $11,610 per year. Many students take out student loans, both private and federal, to help with Penn State tuition.

Recommended: Pennsylvania Student Loan & Scholarship Information

Financial Aid

If you’re concerned that you might not be accepted to Penn State because you don’t have the money to attend, don’t be. Penn State is “need-blind,” meaning your ability to cover tuition isn’t considered when the school reviews your application. Anyone, regardless of income and financial situation, can apply.

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs such as tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

•  Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.

•  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  US Department of Education : Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) : A global college scholarship application used by select institutions to award financial aid

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

According to the latest data, 44% of incoming freshmen took out federal student loans, while 16% took out private loans. The average private student loan is $28,615.

Private college loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your private loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms. Additionally, understanding how to pay off private student loans effectively can help you make informed decisions about managing both federal and private loan debt.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your private loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The cost of attending Penn State for four years, including tuition, room and board, books, and other expenses, is $173,520 for in-state students. Compare that to the total average cost for a four-year public university for in-state students of $123,960.

Undergraduate Tuition and Fees

Students spent $20,878 for in-state tuition and $41,790 for Penn State out-of-state tuition for the 2026-27 school year. In addition to Penn State tuition, they also paid $14,050-$18,276 for room and meals.

Graduate Tuition and Fees

Penn State tuition for graduate school in 2026-27 is $32,352 for in-state students and $55,806 for out-of-state students. The average cost of tuition for graduate school at a public institution is $11,825. There are private graduate loans available to help with these costs.

💡 Quick Tip: Graduate student loans can help cover tuition, fees, and other education-related expenses.

Cost per Credit Hour

While you have the option to attend Penn State full-time (at the Penn State tuition rates we’ve covered), you can also opt to attend part-time. In that case, you would pay per credit hour, which is $870 per credit for in-state freshmen and sophomores in 2026.

Campus Housing Expenses

On-campus housing is provided at 12 of the 24 campuses of Penn State. First-year students at University Park are required to live on campus and are guaranteed housing.

Students may also opt for private housing near campus. Student Affairs has a website for Off-Campus Student Support where you can view apartments near your campus. Check it out to explore the available off-campus options .

Penn State Acceptance Rate

Fall 2025

When it comes to the Penn State acceptance rate, over half of all students who apply are accepted.

Admission Requirements

Now that you know the Penn State acceptance rate, it’s important to understand what’s needed for admission. To be accepted as a student at Penn State, there are a couple of requirements, and then there are additional recommendations.

Required:

•  Secondary school GPA

•  Secondary school record

Recommended:

•  Admission test scores (SAT/ACT)

•  Completion of college-preparatory program

•  Personal statement or essay

SAT and ACT Scores

Currently, Penn State is test-optional unless you are applying for the Accelerated Premedical-Medical Program. Students may submit SAT or ACT scores but are not required to. Even though submitting test scores for admissions is optional, here are the middle 50% scores for the SAT and ACT:

Popular Majors at Penn State

Penn State offers students more than 275 majors to choose from on its 24 undergraduate campuses. According to the most recent data, here are the most popular majors, as well as how many students graduated in each field.

1. Psychology

Psychology students learn psychology theories, concepts, and trends, and use critical thinking to problem-solve.

Undergraduate degrees: 523

2. Finance

Considering a degree in finance? At Penn State, finance grads are armed with important knowledge to prepare them for careers in corporate finance, investment and portfolio management, banking, public finance, and international finance.

Undergraduate degrees: 512

3. Computer Science

For students interested in the field of technology, this Penn State major provides the foundation for a successful career. Undergrads study programming, systems analysis and design, and network management.

Undergraduate degrees: 398

4. Mechanical Engineering

The mechanical engineering program uses a foundation of chemistry, math, and physics, and teaches students to analyze and problem-solve.

Undergraduate degrees: 379

5. Accounting

Those interested in becoming accountants or auditors may benefit from studying accounting at Penn State.

Undergraduate degrees: 273

6. Marketing

Many Penn State students also pursue marketing careers upon graduating. The marketing program trains students to develop products and services, create marketing plans, and understand marketing needs.

Undergraduate degrees: 349

7. Biology

For students interested in medical careers, a degree in biology is a stepping stone. Courses include ecology, evolution, behavior, genetics, developmental biology, and medical technology.

Undergraduate degrees: 254

8. Economics

Another popular major is economics. Students learn about different economic systems, governments, and business operations.

Undergraduate degrees: 299

9. Advertising/Public Relations

Students develop an understanding of the role and effect of advertising and public relations within the business, social, and political arenas.

Undergraduate degrees: 281

10. Information Science and Technology

This is a popular program at Penn State. Students are trained with skills that will prepare them for careers in information technology.

Undergraduate degrees: 306

This resource can help you learn more about the different majors at Penn State.

Graduation Rate

The graduation rate of students who began their studies in 2019 is 85%.

Post-Graduation Median Earnings

Upon graduation, students from Penn State earn, on average, $77,000, according to the U.S. Department of Education’s College Scorecard. This is above the average salary for the class of 2025 of $68,680.