Financial Aid

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.

A virtual celebration showcased the Undergraduate Named Scholarship Program and its importance, especially in strengthening the vibrant, diverse community that exists on the University’s campus.

The University of Pennsylvania has announced admission decisions for Regular Decision applicants for the Class of 2025.

A new team of student financial ambassadors offer peer one-on-one counseling and workshops on personal finance basics as part of the program launched this spring.

The University of Pennsylvania Board of Trustees approved a 2.8% increase in tuition for the coming year, while also approving a $259 million undergraduate financial aid budget.

Student Registration & Financial Services (SRFS), in partnership with Career Services, will expand their Summer Funding Program this year with an additional $500,000 to support 125-150 middle-income students pursuing summer research and internship opportunities. 

Penn and President Gutmann hosted a celebration of the University’s scholarship program online this year, recognizing the significant impact generous donors have had on undergraduate students.

Matthew Sessa talks about what students receiving financial aid can expect during this unprecedented time.

Financial Wellness at Penn has developed personal finance tips for students to help them stay on top of financial matters and asked Penn staff members what they wish they had known about finances.