UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 2)*


                               ESSA Bancorp, Inc.
                               --------------------
                                (Name of Issuer)


                     Common Stock, par value $0.01 per share
                     ---------------------------------------
                         (Title of Class of Securities)

                                    29667D104
                                   -----------
                                 (CUSIP Number)

                                December 31, 2009
                                -----------------
             (Date of Event Which Requires Filing of This Statement)

     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:


[ ]               Rule 13d-1(b)

[x]               Rule 13d-1(c)

[ ]               Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                               Page 1 of 5 Pages





CUSIP NO. 29667D104                                            Page 2 of 5 Pages

================================================================================

1        Names of Reporting Persons

                    ESSA Bank & Trust Foundation

--------------------------------------------------------------------------------

2        Check the Appropriate Box if a Member of a Group (See Instructions)
         (a)      __________
         (b)      __________

--------------------------------------------------------------------------------

3        SEC Use Only

--------------------------------------------------------------------------------

4        Citizenship or Place of Organization
                    State of Delaware
--------------------------------------------------------------------------------

    Number of Shares      5     Sole Voting Power
 Beneficially Owned by
 Each Reporting Person                1,110,900
         With:
--------------------------------------------------------------------------------

                          6     Shared Voting Power

                                      0
--------------------------------------------------------------------------------

                          7     Sole Dispositive Power

                                      1,110,900
--------------------------------------------------------------------------------

                          8     Shared Dispositive Power

                                      0
--------------------------------------------------------------------------------

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                    1,110,900
--------------------------------------------------------------------------------

10       Check if the Aggregate Amount in Row (9) Excludes Certain Shares
         (See Instructions)

--------------------------------------------------------------------------------

11       Percent of Class Represented by Amount in Row 9

         7.6% of 14,595,320 shares of Common Stock outstanding as of
         December 31, 2009.
--------------------------------------------------------------------------------

12       Type of Reporting Person (See Instructions)

               CO
================================================================================


CUSIP NO. 29667D104                                            Page 3 of 5 Pages


Item 1
         (a)      Name of Issuer

                  ESSA Bancorp, Inc.

         (b)      Address of Issuer's Principal Executive Offices

                  200 Palmer Street
                  Stroudsburg, Pennsylvania 18360

Item 2
         (a)      Name of Person Filing

                  ESSA Bank & Trust Foundation

          (b)     Address of Principal Business Office

                  200 Palmer Street
                  Stroudsburg, Pennsylvania 18360

         (c)      Citizenship or Place of Organization

                  State of Delaware

         (d)      Title of Class of Securities

                  Common Stock, par value $.01 per share

         (e)      CUSIP Number

                  29667D104

Item 3.           If this statement is filed pursuant to ss.ss.240.13d-1(b) or
                  240.13d-2(b, or (c), check whether the person filing is a:

                           Items (a) - (j) are not applicable.

Item 4.           Ownership

                  Provide the following information regarding the aggregate
                  number and percentage of the class of securities of the issuer
                  identified in Item 1.

                  (a) Amount beneficially owned: 1,110,900.
                  (b) Percent of class: 7.6%.
                  (c) Number of shares as to which the person has:


CUSIP NO. 29667D104                                            Page 4 of 5 Pages


                    (i)  Sole  power to vote or to direct  the vote:  1,110,900.
                         However,  pursuant to the  Foundation's  Certificate of
                         Incorporation,  the  shares  must be  voted in the same
                         ratio  as all  other  shares  of  common  stock  on all
                         proposals considered by stockholders.
                    (ii) Shared power to vote or to direct the vote: 0.
                   (iii) Sole power to dispose or to direct the disposition of:
                         1,110,900.
                    (iv) Shared  power to dispose  or to direct the  disposition
                         of: 0.

Item 5.           Ownership of Five Percent or Less of a Class

                  Not applicable

Item 6.           Ownership of More Than Five Percent on Behalf of
                  Another Person

                  Not applicable

Item 7.           Identification  and  Classification  of the  Subsidiary  Which
                  Acquired the Security Being Reported on by the Parent  Holding
                  Company

                  Not applicable

Item 8.           Identification and Classification of Members of the Group

                  Not applicable

Item 9.           Notice of Dissolution of Group

                  Not applicable

Item 10. Certification

                    By signing below I certify that, to the best of my knowledge
               and belief,  the  securities  referred to above were not acquired
               and are not  held  for the  purpose  of or  with  the  effect  of
               changing  or  influencing  the  control  of  the  issuer  of  the
               securities  and were not acquired and are not held in  connection
               with or as a participant in any  transaction  having that purpose
               or effect.



CUSIP NO. 29667D104                                            Page 5 of 5 Pages


                                    SIGNATURE


     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



                                                January 26, 2010
                                                ------------------
                                                     Date

                                             /s/ Suzie T. Farley
                                             ---------------------
                                                    Signature

                                       Suzie T. Farley, Treasurer and Secretary
                                       ----------------------------------------
                                                   Name and Title