Financial Account Management

All students attending Penn State University are directly responsible for their financial accounts. Our sponsoring partners finance sponsored students; however, sponsors may differ on which charges they are willing to cover or even when they will cover specific academic fees. Not all sponsors pay all fees, so please check your LionPATH account regularly. Ultimately, sponsored students remain entirely responsible for their accounts. Examples of fees your sponsor may not pay include late drop/add fees, field trip expenses, housing, and dining charges, or library fees if you forget to return your books on time.

To avoid late fees and other penalties, Sponsored Relations must have a copy of your most up-to-date financial guarantee (not just "admissions-only" or "prospective" guarantees) as soon as possible, but certainly no later than the semester's add/drop deadline. Once we receive your valid, up-to-date financial guarantee, our finance team will remove your tuition and related fees from your student account and transfer them directly to your sponsor for payment. Our finance team will bill sponsors after the drop/add period has ended.

Penn State offers an Installment Payment Plan every semester, which allows you to pay your tuition in installments over four months throughout the fall and spring and three months in summer. For Fall and Spring semesters, payments are divided into four equal installments over four months, while Summer has three equal payments over three months. There is a $45 non-refundable enrollment fee per semester, and a 2.25% convenience fee applies when using a credit card. Due dates vary by semester, and payments can be made via eCheck or credit card. For more details, visit the Penn State Office of the Bursar website.

Any questions about student accounts must be emailed to sponsor@psu.edu. Please include your full name, the name of the sponsoring organization, and your PSU ID. During normal business days, we strive to respond to financial concerns within 24 - 48 hours.