univstats
Number Received Financial Aid (All Undergraduate) 6,150
Percent Received Financial Aid(All Undergraduate) 52%
Average Aid Amount $40,420
Number Received Financial Aid (Freshmen) 1,387
Percent Received Financial Aid (Freshmen) 58%

Financial Aid Information at UPenn

For academic year 2017-2018, Total 6,150 students (52% of undergraduate students) received one or more financial aid including grants, scholarship, and/or student loans. The average financial aid amount is $40,420. For freshmen*, 1,387 students (58% of enrolled students received financial aid.

* Full-time, first-time degree seeking undergraduate students

All Undergraduate Students Financial Aid

For academic year 2017-2018, total 6,150 students (52% of all students) have received grants or scholarships and the average received amount is $40,420. It includes federal, state, local, institutional or other sources of grant aid. Next table describes the financial aid statistics by aid types at University of Pennsylvania for all undergraduate students.

Undergraduate Student Financial Aid at University of Pennsylvania
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid6,15052%$40,420
Pell Grants1,53213%$4,612
Federal Student Loans1,61014%$7,212

Beginning Students Financial Aid

For academic year 2017-2018, total 1,387 students (58% of all freshmen) have received any financial aid and 1,164 students (48% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. Below table shows the number and amount by source of financial aid at University of Pennsylvania.

Beginning Students (Freshmen) Financial Aid at University of Pennsylvania
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,38758%-
Grants or Scholarship from All Sources1,13547%$46,318
Federal Grants31813%$7,776
Pell Grants31713%$4,842
Other Federal Grants23510%$3,991
State/Local Grants1205%$2,933
Institutional Grants1,12747%$44,140
Student Loans31213%$7,842
Federal Student Loans27411%$4,894
Other Student Loans592%$18,740