Paying for a Penn Education
Financial Aid Policies

The cost of an undergraduate education today is a major investment for most families.  Our 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:

  • Need-Blind Admission
    Admissions decisions are not affected by a student's ability to pay, or by applying for financial aid.

  • Penn Meets Full Need
    Like other 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 need.

  • 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.

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