Financial Aid News
Continuing Education Students Awarded a 2008–09 Fischer Family Scholarship
Great news! Nine Continuing Education students were selected as recipients of a 2008–09 Fischer Family Scholarship, the awards totaling $18,900. Two of the students are enrolled
at the Learning Center in Lewistown, seven at University Park.
The Fischer Family generously supports this scholarship fund that recognizes adult learners in Continuing Education and World Campus degree programs. To learn more about the eligibility criteria for this scholarship, visit http://www.outreach.psu.edu/programs/psu4you/student-services-other-aid-types.htm. We encourage you to apply for the 2009–10 scholarship next spring.
Financial Aid Program to Assist New Continuing Education Students
Continuing Education will accept applications for First Start Awards for new students enrolled in Continuing Education degree programs, effective fall 2008. This program is aimed at
helping new part-time adult learners with meeting their tuition costs for the first 12 credits in their degree program. Eligibility criteria include part-time enrollment,
degree-seeking status, a completed Free Application for Federal Student Aid (FAFSA) on file, a personal essay, and the potential to succeed in the respective program. Interested
students can obtain an application form at the Learning Center in Lewistown or at the University Park Continuing Education office, or by calling 800-228-1627. Funds are available for
a limited number of students; a completed application is necessary for consideration.
Student Loan Borrowers Need to Sign the New Master Promissory Note (MPN)
ALL PENN STATE STAFFORD LOAN BORROWERS MUST SIGN A NEW DIRECT STAFFORD LOAN MASTER PROMISSORY NOTE (MPN) FOR DIRECT LENDING.
If you receive Stafford Loans, follow these directions to sign your new MPN for direct lending:
- Go to the Federal Student Aid Direct Loan Web site at http://www.dlenote.ed.gov/.
- Select “Complete New MPN for Student Loans.”
- Sign the MPN using your Federal Student Aid PIN (the PIN you use to sign your FAFSA on the Web).
By signing the MPN now and confirming your registration on the tuition bill by the due date, you will ensure the timely distribution of loan funds for your next semester at Penn
State. You will need to sign the MPN this one time to borrow for future semesters, because your signature will be valid for up to ten years.
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