Paying for a Penn Education
Grants and Scholarships
Prospective and Current Undergraduate Students

Like other Ivy League schools, Penn does not award scholarships based on academic or athletic merit. Penn is committed to meeting your full determined need for eight academic semesters with grand-based aid.

To be eligible for assistance from any of the following federal aid programs, you must file a FAFSA, make satisfactory academic progress, not be in default on a Federal loan, or owe a refund on a Federal Pell Grant or Federal Supplemental Educational Opportunity Grant (FSEOG). To be eligible for institutional funds, you must complete a CSS Profile and the Penn Financial Aid Supplement (PFAS), as well as submit the required federal income tax return information.


Federal Supplemental Educational Opportunity Grant (SEOG)
Penn selects recipients of this federally funded grant based on evaluated financial need.

Federal Pell Grants
This grant is made available by the federal government to all eligible students who qualify on the basis of financial need.

State Grant Programs
Some states limit grant assistance to students attending in-state colleges. However, grants from Delaware, Massachusetts, Ohio, Pennsylvania, Rhode Island, Vermont, and West Virginia may be used at Penn. See Information on State Grants

Penn Grant
This grant is awarded from general University funds and is based on evaluated financial need.

University Named Scholarships
These scholarships are provided through direct gifts to the University and privately endowed funds established by alumni and friends. Named scholarships enable Penn to continue its two-fold commitment to admit students solely on the basis of academic merit, and to meet 100% of a student's financial need. All scholarships are need-based, so students must complete the financial aid process. Student Financial Services selects recipients based on the scholarship's criteria; no separate application is necessary.

LPS Students should contact the College of Liberal and Professional Studies for Scholarship Information

Maguire Scholarship
The Maguire Foundation provides last dollar scholarship support to up to five students in each incoming class for four years based on financial eligibility and academic standing.

Mayor's Scholarship
These awards from Penn funds are offered annually to outstanding high school seniors who are Philadelphia residents and who attend schools in Philadelphia or contiguous Pennsylvania counties. The scholarship amount varies according to financial need as determined by Penn and is renewable for the upper class years if the recipient continues to demonstrate financial need. The Mayor's Scholarship Committee, which is appointed by the Mayor of Philadelphia, selects the recipients. Applications for the Mayor's Scholarship will be mailed in February to all financial aid recipients who meet the residency and high school requirements.

Outside Scholarships
Outside scholarships (i.e., scholarships awarded from non-governmental sources outside the University) are an important resource for all students. Many Penn students pursue outside scholarships. See our information about Outside Scholarships. (



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