Number Received Financial Aid (All Undergraduate)
5,731
Percent Received Financial Aid(All Undergraduate)
51%
Average Aid Amount
$49,451
Number Received Financial Aid (Freshmen)
1,490
Percent Received Financial Aid (Freshmen)
62%
Financial Aid Information at UPenn
For the academic year 2023-2024, a total of 5,731 students (51% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $49,451. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,490 students (62% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at University of Pennsylvania is $68,686, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 5,731 students (51% of all students) have received grants or scholarships and the average received aid amount is $49,451. 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 | 5,731 | 51% | $49,451 |
| Pell Grants | 1,769 | 16% | $5,708 |
| Federal Student Loans | 1,131 | 10% | $7,434 |
Beginning Students Financial Aid
a total of 1,490 beginning students (62% of all freshmen) have received any financial aid and 1,213 students (50% 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 | 1,490 | 62% | - |
| Grants or Scholarship from All Sources | 1,160 | 48% | $59,721 |
| Federal Grants | 456 | 19% | $8,468 |
| Pell Grants | 456 | 19% | $5,920 |
| Other Federal Grants | 292 | 12% | $3,979 |
| State/Local Grants | 133 | 6% | $4,866 |
| Institutional Grants | 1,141 | 47% | $56,764 |
| Student Loans | 289 | 12% | $13,512 |
| Federal Student Loans | 229 | 9% | $5,054 |
| Other Student Loans | 96 | 4% | $28,622 |
Know about Pennsylvania Colleges
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