11/15
Amanda Mott
Director of News and Media
ammott@upenn.edu
Financial Aid
Penn expands financial aid for middle income families
Penn expands financial aid for middle income families
The initiative expands Penn’s long-standing commitment to need-based financial aid, guaranteeing no-loan financial aid packages to eligible students and families since 2008.
Kite and Key Society celebrates a century
Kite and Key Society celebrates a century
Students share the campus and their experiences at Penn with visitors in person and online, forming meaningful friendships and lasting connections.
Penn Trustees approve 2024-2025 undergraduate charges and financial aid budget
Penn Trustees approve 2024-2025 undergraduate charges and financial aid budget
The University of Pennsylvania Board of Trustees has approved a 3.9% increase in tuition and a record $311 million undergraduate financial aid budget for the coming year.
Inspiring graduate student success
Inspiring graduate student success
GAPSA leadership and Career Services collaborated to address internship funding disparities and launched The Graduate Summer Internship Program.
The FAFSA has changed—what to know
The FAFSA has changed—what to know
Significant changes to the Free Application for Federal Student Aid application will streamline the process for students and their parents.
A conversation with Mark Dingfield, VP for finance and treasurer
A conversation with Mark Dingfield, VP for finance and treasurer
Mark Dingfield, who began his role as vice president for finance and treasurer in October, discusses undergraduate financial aid, the University’s finances, and financial wellness.
Celebrating Penn’s Named Scholarship Program in New York City
Celebrating Penn’s Named Scholarship Program in New York City
President Liz Magill moderated a panel featuring three students who shared their unique paths to and extraordinary experiences at Penn, thanks to the University’s generous donor community.
Penn expands financial aid for families earning less than $75,000 a year
Penn expands financial aid for families earning less than $75,000 a year
In addition to covering tuition, fees, housing, and dining, the financial aid packages will provide additional resources including a laptop program, summer internship and research funding, and summer course funding.
Scholarships place ‘world of opportunity’ within reach
Scholarships place ‘world of opportunity’ within reach
Penn’s Named Scholarship Celebration returned to Rockwell Gymnasium on Nov. 16—the first time it’s been held in person since 2019.
Serving student veterans at Penn
Serving student veterans at Penn
A new office in Student Registration and Financial Services provides support for the growing number of veterans at Penn.
Media Contact
In the News
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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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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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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Marketplace (NPR)
Biden administration tries again to relieve student debt
Cary Coglianese of Penn Carey Law says that federal judges could still strike down President Biden’s new student loan forgiveness plan on grounds that the White House is acting outside its authority.
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Business Insider
A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden’s new repayment plan blocked, she’s considering supporting a Democratic ticket
An estimate from the Wharton School found that the SAVE plan for student loan repayment could cost $475 billion over 10 years.
FULL STORY →
Economic Times
Brands like Burger King and Coke use scholarships to capture Gen Z’s attention
Cait Lamberton of the Wharton School says that consumers increasingly expect corporations to pick up pieces of the student debt crisis where other social services are failing.
FULL STORY →