The Office of the Bursar is responsible for the maintenance of student accounts pertaining to acceptance fees, tuition billing, charges, payments, financial aid postings*, and refunds.
*Please note: the awarding and disbursement of financial aid is managed by the Office of Student Aid.
Your student’s first contact with the Office of the Bursar is when he or she accepts an offer to attend Penn State. In addition to the $130 enrollment fee, all degree-seeking students must have a $100 general deposit on their account. The deposit is similar to a security deposit and does not offset student account balances or tuition charges. The general deposit is transferred to your student’s account when he or she graduates or leaves Penn State and will be used to cover any last-minute charges, and the unused balance will be returned to your student.
When will my student receive a tuition bill?
Approximately one month prior to the start of classes, bills will be prepared for students who are enrolled. Students will receive notification via their Penn State e-mail account when their tuition bill is available to view/pay through the Student Center on LionPATH. Paper bills are not mailed.
The Office of the Bursar, as well as other Penn State departments, will communicate important information to students through their Penn State e-mail account.
Bills are prepared on a monthly basis. Billing begins in early August for fall semester and early December for spring semester. Billing will vary based on when enrollment occurs, which typically follows your student’s New Student Orientation.
□ Obtain PSU ID card
□ Sign up for direct deposit refunds
□ Grant online access for parents/other individuals (optional)
Financial Responsibility Agreement
Students must sign a Financial Responsibility Agreement (FRA) prior to enrolling in classes each semester. The FRA is a student’s promise to take financial responsibility for payment of his or her account.
How can students pay the tuition bill?
The eCheck option is a fast and convenient method to pay the tuition bill directly from a personal checking account drawn on a U.S. Bank. There is no charge to pay by eCheck. Credit card payments (Visa, MasterCard, Discover, or American Express) are also accepted. A Convenience Fee will be charged for credit card payments.
If students want to mail a check, a payment stub may be printed and mailed with the payment to Penn State. The payment must be postmarked by the due date on the student’s bill to avoid a late fee. Please allow five to seven business days for processing after the payment is received.
Are payment plans available?
Penn State offers a deferred payment plan, which allows students to pay over a period of three months with payments of one-third of the semester charges. Fall semester payment due dates are in August, September, and October. Spring semester due dates are in December, January, and February. A $45 non-refundable fee covers all administrative costs.
Enrolling in the deferred payment plan is easy. When your student views the tuition bill, he or she will be given the option to use the deferment plan. The tuition bill will list billable costs (tuition, fees, and meals, if applicable) and the most current known available financial aid. The first one-third of billable costs is payable by the due date of the tuition bill. The payment may be made by eCheck or credit card (Visa, MasterCard, Discover, or American Express) or by mailing a check with the payment stub to the Bursar’s office. The $45 deferred payment fee must be included each semester with the initial payment, as well as payment for any unpaid prior balance.
What if a student has additional student aid?
The Anticipated Financial Aid section on a student’s tuition bill reflects the most current known available financial aid. Students with additional scholarships, grants, or loans that are not reflected on the bill should contact the Office of Student Aid.
Outside Scholarship Information
Many students will receive scholarships from various organizations, agencies, and foundations as they graduate from high school. In order for your student’s tuition bill to reflect these outside awards, it is important to send the scholarship checks as early as possible to the address below:
Student Financial Services
Attn: Outside Scholarships
109 Shields Building
University Park, PA 16802
For additional information, please visit the Student Financial Services website.
For the quickest delivery of a refund, students are encouraged to have their refund electronically deposited into a bank account.
Penn State assesses tuition based on the student’s campus, college, major, residency classification, credit load, and semester classification. Once an undergraduate student completes 59.1 or more total credits (which include credits earned through advanced placement or transferred from another institution), the student is considered to have obtained Junior/Senior status at Penn State. Current academic year tuition rates can be found at tuition.psu.edu.