University of PennsylvaniaScholarships & Financial Aid 2026
Based on Common Data Set 2023-2024 figures
Merit-Based Aid
Freshmen Receiving Merit Aid
0%
Average Merit Award
$0/yr
Need-Based Grants
Freshmen Receiving Need-Based Aid
46%
Average Need-Based Grant
$68,578/yr
Net Price by Family Income
Average annual cost after grants and scholarships, by household income bracket.
Under $30,000$1,026/yr
$30,001 to $48,000$4,759/yr
$48,001 to $75,000$17,585/yr
$75,001 to $110,000$29,302/yr
Over $110,000$57,603/yr
Frequently Asked Questions
Does University of Pennsylvania offer merit scholarships?
Yes. Based on CDS data, 0% of incoming freshmen receive merit-based awards with an average of $0 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.
How much financial aid does University of Pennsylvania give?
46% of freshmen receive need-based institutional grants averaging $68,578 per year. Award amounts depend on demonstrated financial need as determined by the FAFSA and CSS Profile.