Number Received Financial Aid (All Undergraduate)
5,720
Percent Received Financial Aid(All Undergraduate)
51%
Average Aid Amount
$47,776
Number Received Financial Aid (Freshmen)
1,336
Percent Received Financial Aid (Freshmen)
57%
Financial Aid Information at UPenn
For the academic year 2021-2022, a total of 5,720 students (51% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $47,776. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,336 students (57% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at University of Pennsylvania is $66,104, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 5,720 students (51% of all students) have received grants or scholarships and the average received aid amount is $47,776. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at University of Pennsylvania for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 5,720 | 51% | $47,776 |
| Pell Grants | 1,718 | 15% | $5,210 |
| Federal Student Loans | 1,131 | 10% | $6,867 |
Beginning Students Financial Aid
a total of 1,336 beginning students (57% of all freshmen) have received any financial aid and 1,128 students (48% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at University of Pennsylvania.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,336 | 57% | - |
| Grants or Scholarship from All Sources | 1,084 | 46% | $57,175 |
| Federal Grants | 386 | 17% | $8,276 |
| Pell Grants | 385 | 16% | $5,400 |
| Other Federal Grants | 280 | 12% | $3,984 |
| State/Local Grants | 88 | 4% | $4,191 |
| Institutional Grants | 1,077 | 46% | $54,238 |
| Student Loans | 245 | 10% | $12,499 |
| Federal Student Loans | 215 | 9% | $5,027 |
| Other Student Loans | 66 | 3% | $30,021 |
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