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The Washington Post

More colleges offering free tuition to middle-class families

Starting in fall 2025 at Penn, students from families earning up to $200,000 a year will pay no tuition. The University will also no longer count home equity in its calculation to determine financial aid, with remarks from Vice President Mark Dingfield of the Division of Finance.

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The New York Times

Which colleges offer free tuition?

Starting in the next academic year, Penn will no longer consider the value of a family’s primary home among its assets.

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Inside Higher Ed

Hopping on the affordability bandwagon

Penn is expanding full-tuition scholarships and removing home equity in its calculations for institutional aid, with remarks from Elaine Varas.

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Philadelphia Inquirer

Penn to expand its full-tuition scholarship aid to families with a higher income threshold

Penn’s Quaker Commitment will expand full-tuition scholarships and will no longer consider the primary family home as an asset in its calculation for institutional aid. Interim President J. Larry Jameson and director of financial aid Elaine Papas Varas offer remarks.

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Bloomberg

Ivy League’s Penn shakes up aid formula by excluding home equity

To increase affordability, Penn will stop including a family’s equity in their primary home when determining a student’s financial aid eligibility.

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Times Higher Education

FAFSA: Short-term pain on enrollments, but hope of long-term gain

Laura Perna of the Graduate School of Education says that last year’s FAFSA delays caused confusion and challenges that have had effects on this year’s enrollment intake.

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