Financial Aid | Penn Today

International Institute of Minnesota launches guaranteed income pilot program for refugees

The Center for Guaranteed Income Research at the School of Social Policy & Practice is noted as having more than 50 pilot programs running nationwide in cities of varying size.

White House student loan forgiveness could cost about $400 billion

The Penn Wharton Budget estimates that all three components of President Biden’s forgiveness plan will cost about $600 billion over 10 years.

Biden’s student loan forgiveness will cost $400B, new estimate says, as White House pushes back

The Congressional Budget Office’s new $400 billion estimate for President Biden’s forgiveness plan is noted as slightly less than the Wharton School’s $605B assessment.

Penn Trustees approve 2022-2023 undergraduate charges and financial aid budget

The University of Pennsylvania Board of Trustees has approved a 2.9% increase in tuition and a $288 million undergraduate financial aid budget for the coming year.

A man wearing a mask and a Penn hoodie uses a desktop computer at a high top desk in a lobby

Student accounts, records, and financial aid, all in one mobile-friendly package

Te Next Generation Student Systems team has been working on a comprehensive student information system, known as Pennant. The program will complete its final phase this spring in advance of the 2022-23 academic year.

Two women wearing masks sit at a white round table in front of a red wall, with a colorful photograph of Penn's College Hall in the foreground

One stop for students’ financial questions

Newly open this fall, the Student Service Center provides a single point of access for the bursar’s office, the registrar, and student financial aid

As The Power of Penn concludes, a look into its big impact

Penn Today chatted with Development and Alumni Relations’ John Zeller, who shared highlights of the University’s most recent fundraising campaign, and much more.

Letter to the Editor: Financial aid and cost of attendance at Penn

Stephen J. MacCarthy, vice president of University Communications wrote about Penn’s efforts to make higher education affordable: “A strong commitment to student financial aid (as witnessed at Penn) can dramatically increase access while improving the lives of entire generations of students.”

Two masked students walking through Penn Commons.

Penn launches initiative to distribute federal COVID relief funds as direct student grants

100% of federal Higher Education Emergency Relief Funds will go to student emergency grants and public health initiatives.

Headshots of Silvia Hanks (left) and Jodi Wagner (right)

Counselors at Student Financial Services help find success, not stress

As grant-based aid packages—bolstered by named scholarships—have helped Penn welcome more students who come from lower-income households, Student Financial Services (SFS) has ramped up its ability to assist their academic journeys, especially during the pandemic when students needed more support than ever. That includes having two counselors—Silvia Hanks and Jodi Wagner—who specialize in serving highly aided students at Penn.

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