The cost of an undergraduate
education today is a major investment for most
goal is to make a Penn education affordable to
students from all family income levels. To this
end, Penn employs these policies for U.S. citizens
and permanent residents:
Admissions decisions are not affected by a student's ability to pay, or by applying for financial aid.
- Penn Meets Full Need
Ivy League universities, Penn does not offer aid
based on academic or athletic merit. Aid is based
solely on financial need, and Penn is committed
to meeting 100% of a student’s determined
- Grant-Based Aid
Penn is the nation’s largest university with a program that enables dependent undergraduates eligible for aid to
receive grant-based financial aid packages for eight academic semesters. Click here to read more about Penn’s eight-semester aid policy.
The grant-based financial aid program applies to dependent undergraduate students in the College of Arts and
Sciences, the School of Nursing, the School of Engineering and Applied Sciences, and the Wharton School, who
are pursuing their first baccalaureate degree.