Financial aid at Penn is awarded on the basis of demonstrated financial need as determined by Student Financial Services. Your need is determined from data you provide on your financial aid application and your parents' and your 2000 tax returns. Financial information from both parents, even if they are divorced or separated, is used to determine financial need. Recipients of these scholarships receive aid packages to meet their determined need without a student loan component. Copies of your parents' and your 2000 tax returns and W-2 forms will also be required.
Details are in the undergraduate admissions application.
Request an application. After Freshman Year Financial aid does continue after the freshman year. Returning students must reapply for financial aid each year by the stated deadline. The amount of your award will reflect any changes in your family's financial circumstances. Notification of Financial Aid Award Penn will notify you of your financial aid award at the same time your admission letter is mailed, as long as you have met all application deadlines.