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University of Pennsylvania
For all students, after the family covers any EFC, work-study and grant aid cover the remaining student budget.| For all students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers EFC, the college assures enough work-study and grant aid to cover these expenses |
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Total Expenses: $53,250
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional Methodology. The standard summer savings expectation is $2,300 for freshmen. The summer savings expectation is capped at a lower amount for low-income students.
Institutional Methodology. The standard summer savings expectation is $2,300 for freshmen. The summer savings expectation is capped at a lower amount for low-income students.
How much academic year work and/or need-based loans are included?
No loans and $2,500 - $3,850 in work-study.
No loans and $2,500 - $3,850 in work-study.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce loans, then the student contribution, then work-study before grant aid.
Outside scholarships reduce loans, then the student contribution, then work-study before grant aid.
About the Institution (2007-08):
Location: Philadelphia, PAType: Private 4-year
Undergraduate enrollment: 12,932
Pell Grant recipients (a measure of low-income enrollment): 8%
Proportion of graduating seniors with student debt: 41%
Average debt: $19,085
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