Aid Notification

We refer to your financial aid package as your 'financial aid offer'. The awarding process is ongoing; all of your aid may not be awarded at the same time. Check the Student Portal to see your latest award info.

View Award Timeline

Accepted for Spring '27

If you’ve been accepted for the Spring '27 semester and completed your 2026-27 FAFSA, you can view estimates for the most common types of financial aid, including Federal Pell Grants and Federal Direct Subsidized/Unsubsidized Loans, on the Student Portal. After logging in, select the following to view your Financial Aid Offer:

  • My Financial Aid
  • Financial Aid Overview
  • Your primary program of study for Spring '27 (if needed)

Accepted for Summer or Fall '27

If you’ve been accepted for the Summer or Fall '27 semesters and completed your 2027-28 FAFSA, during the late autumn you should be able to view estimates for the most common types of financial aid, including Federal Pell Grants and Federal Direct Subsidized/Unsubsidized Loans, on the Student Portal. 

Once estimates are available, you will simply log in and select the following to view your Financial Aid Offer:

  • My Financial Aid
  • Financial Aid Overview
  • Your primary program of study for your first semester (if needed)

Currently Enrolled in 2026-27 and Continuing in 2027-28

If you’re enrolled during the 2026-27 academic year, plan to continue during the 2027-28 academic year and completed your 2027-28 FAFSA, after all Spring '27 grades are final (late May) you should be able to view your Financial Aid Offer on the Student Portal. 

Once available, you will simply log in and select the following to view your Financial Aid Offer:

  • My Financial Aid
  • Financial Aid Overview
  • Your primary program of study 

Learn more from this Finding Your Financial Aid Offer tutorial.

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.

Cost Estimator

Head on over to the 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.