Like other Ivy League schools, Penn undergraduate aid is completely need-based. The University does not award scholarships based on academic or athletic merit. Penn is dedicated to meeting your full indicated need for eight academic semesters with grant-based aid. Penn’s undergraduate grant-based financial aid program meets 100% of indicated financial need with an award and work-study funds.
Eligibility Criteria/ Scholarship Guidelines
Penn Grant is the foundation for many financial aid packages and is funding that Penn has decided to invest in you to meet your financial need.
Penn Grant is a need-based institutional grant and is available to all traditional undergraduate students for up to eight academic semesters.
Instead, all aid is dedicated to helping families who are in need of financial assistance to meet Penn’s cost of attendance.
To be applicable for federal aid, you must file a FAFSA, make satisfactory academic progress, not be in default on a Federal loan, and not owe a refund on a Federal Pell Grant or Federal Supplemental Educational Opportunity Grant (FSEOG). International students are normally not eligible for federal funding.
To be eligible for institutional funds, you must complete a CSS Profile and the Penn Financial Aid Supplement (PFAS), as well as submit the required federal income tax return information.