University Park employee, student parking rates announced for the next three years through 2026-2027
UNIVERSITY PARK, Pa. – Penn State Transportation Services has announced parking permit rates for the next three years starting with academic year 2024-2025 through 2026-2027 at University Park.
Faculty/staff, student, and service parking permit rates will increase for each of the next three academic years. For the 2024-2025 academic year, rates for most non-technical service employee parking permits will increase between $1 and $2 per month, while most student parking rates will rise between $5 and $18 per semester, depending on the permit type.
Parking rates for technical service employees are set through their collective bargaining process, and rates will not be announced until a new three-year collective bargaining agreement is finalized. All other permit rates are set by Transportation Services and approved by the Office of the Senior Vice President for Finance and Business. The full list of parking rates for the upcoming three years is provided below.
Parking fees are collected to cover the numerous fixed and variable costs associated with managing University parking facilities, to include parking facility construction and maintenance, staff salaries and benefits, and parking-related technology equipment and software. Parking revenue also is used to provide various campus transportation programs and services, to include campus transit, the RIDEpass reduced-fare mass transit pass program for employees and graduate students, campus bicycle facilities, and the Spin E-Bike Share Program.
Prior to parking permit rate increases enacted in 2022, permit rates for employees had not increased since 2013.
2024-2025 FACULTY/STAFF AND SERVICE/DELIVERY PARKING PERMIT RATE CHANGES
Beginning July 1, 2024, the following faculty/staff parking permit rate changes will take effect:
- Core permits (Brown, Green, Orange, Red, Silver, Yellow) will increase from $41 per month to $43 per month for all non-technical service faculty/staff employees.
- Commuter permits will increase from $14 per month to $15 per month for all non-technical service faculty/staff employees.
- ROO permits will increase from $97 per month to $112 per month.
- LOO permits will increase from $70 per month to $81 per month.
- Service permits will increase from $70 per month to $74 per month.
These rates will remain in place through June 30, 2025.
2024-2025 STUDENT PARKING PERMIT RATE CHANGES
Effective for the fall 2024 semester, the following student parking permit rate changes will take effect:
- Commuter permit rates will increase from $63 per semester to $66 per semester.
- Residential core permit (Lot 22, Lot 42, Lot 81, Lot 82, NDS-Nittany Deck) rates will increase from $353 per semester to $371 per semester.
- Resident storage permit (Lot 83, YAS-West Deck) rates will increase from $179 per semester to $247 per semester, and off-campus storage permit (Lot 43, YAS/West Deck) rates will decrease from $268 per semester to $247 per semester to align the resident and off-campus storage permit rates.
- Lot 11 permit rates for White Course Apartments residents will increase from $203 per semester to $213 per semester.
HOURLY PARKING RATE CHANGE AT CAMPUS DECKS
In addition to the above permit rate changes, the hourly visitor parking rate at the East, HUB, Nittany, and West decks will increase to $2 per hour for the first hour of parking. Additional hours of parking will remain $1 per hour with a $16 daily maximum fee.
2024-2025 RIDEPASS RATE CHANGE
The RIDEpass reduced-fare mass transit pass rate for eligible faculty, staff, and graduate students will increase from $21 per month to $22 per month.
FUTURE PARKING RATES
| Parking Permit | 2024-2025 | 2025-2026 | 2026-2027 |
| Faculty/Staff Core – non-technical service | $43/month | $45/month | $47/month |
| Faculty/Staff Commuter – non-technical service | $15/month | $16/month | $17/month |
| Faculty/Staff ROO | $112/month | $128/month | $148/month |
| Faculty/Staff LOO | $81/month | $93/month | $106/month |
| Student Commuter | $66/semester | $69/semester | $73/semester |
| Student Residential Core | $371/semester | $389/semester | $409/semester |
| Student Long-Term Storage (on and off campus) | $247/semester | $260/semester | $273/semester |
| Student White Course Apts. (Lot 11) | $213/semester | $224/semester | $235/semester |
| Service | $74/month | $77/month | $81/month |
| RIDEpass | $22/month | $23/month | $24/month |
For questions or more information on University Park parking, visit transportation.psu.edu, email parking@psu.edu or call 814-865-1436.