PHILADELPHIA -- The University of Pennsylvania’s innovative new financial aid program, which will eliminate loans for financially eligible undergraduate students regardless of family income, is the focus of a new video, available for viewing at http://www.sfs.upenn.edu/paying/paying-pro-video-wm.htm.

The new program is the latest step in Penn’s effort to widen access for students from all economic backgrounds, expanding its no-loan program beyond low- and lower-middle-income families to include middle- and upper-middle-income families. The new initiative will substitute grants for loans for all Penn undergraduate students who are eligible for financial aid, making it possible for students from a broad range of economic backgrounds to graduate debt-free.

Additional information on financial aid at Penn is available at www.sfs.upenn.edu/paying/paying-pro.htm.

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