University of Pennsylvania is a private institution located in Philadelphia, Pennsylvania. It is an Ivy League research university. Established in 1740, the university is ranked as among the top universities in the US and the world by numerous major education publications. Above all, the university is ranked in 19th position in QS World University Rankings 2019. It has affiliations with  35 Nobel laureates, 169 Guggenheim Fellows, 80 members of the American Academy of Arts and Sciences, and many Fortune 500 CEOs. All of Penn’s schools exhibit very high research activity. At the undergraduate level, Wharton (Penn’s business school) and Penn’s nursing school have maintained their No. 1, 2 or 3 rankings since U.S. News began reviewing such programs.

UPenn offers generous amounts of need-based scholarships to its students. Penn is a need-blind institution for students that are citizens or permanent residents of the United States, Canada, and Mexico. Penn provides need-based assistance to admitted international students whose families require financial support to afford Penn. For admitted students, Penn meets demonstrated need for eight semesters or four years through a grant-based aid package as long as they continue to demonstrate financial need, making it possible to graduate without debt. The average amount of financial aid is $ 49401 and it meets 100% of the demonstrated needs of its students.

Eligibility for Aid

• Penn’s financial aid packages are awarded on the basis of financial need, not merit. Penn is committed to ensuring that all students, regardless of their financial background, are able to attend Penn.
• The aid received depends upon the family circumstances of the students.

Applying for Aid

To be eligible for need-based scholarships from the university, you have to first apply to the university by submitting

• Application (Common Application or Coalition Application or the QuestBridge Application)
• Testing
• Extracurricular Activities
• Teacher Evaluations
• Essays
• Interviews
• Supplementary Materials
• Incoming Class Profile

To qualify for financial aid, you need to submit

• CSS Profile by February 4