<p>i just wanted to ask those who were accepted into upenn ED: how was the finaid package that you received? were u satisfied? too little? more than enough? i really want to apply ED but im really worried about finaid. thanks!</p>
<p>same question here, anyone?</p>
<p>Penn said everyone's need is met 100%.... I received absolutely no grants from Penn ED. I desperately need money and I'm still fighting it now.</p>
<p>are you serious?
maybe you have high income..?</p>
<p>anyone else from ED get screwed over...? it would be great if we could hear from other ED Penn-ers.</p>
<p>100% of need means 100% of need, regardless of when you are admitted. That is not to say I haven't heard of the finaid office screwing people over, regardless of when they were admitted or what year they're in at Penn, but generally if you pitch a fit with the office they will correct any problems. Nor does it mean that your need will be met through grants, loans also count towards meeting need.</p>
<p>but upenn has eliminated loans from finaid packages, right?</p>
<p>calicollie, that's what i heard too...
i guess that's a good thing...but if there are no loans and upenn doesn't give students enough finaid, how are students supposed to come up w/ the money??</p>
<p>I know this is going to sound impossible... but I have to pay about $25,000 a year when my family only makes $40,000 a year (both parents combined), if that in a REALLY good year.... today's economy is horrendous plus taxes.... I mean my family owns a small store (when I say store it's not even a store it's a kiosk at a mall) but it is barely profitable. My parents in the past have made several expensive and failed investments... Also we own a decent $300,000 house and two cars.... but other than that nothing. To add insult to injury, I missed 1/3 of the senior school year due to expensive medical leave... about $3000 (we don't have health insurance). My family has no idea what to do... and we're really hoping that Penn gives all their students full scholarships sooner than later... If you don't believe that I got into Penn ED just check my posts... and if you still don't believe me... whatever.</p>
<p>I'm pretty much screwed... and as result very depressed.</p>
<p>P.S. now that I think more and more about this situation... I'm going to make my own post... sorry for derailing your post.</p>
<p>Omg, I'm so sorry for you!</p>
<p>Actually, this question is important to me.
When you apply for ED and you fill out the financial aid part, will they mark you down if you ask for a full ride or something, because my parents earn <30k, so basically if one asked for like 100% to be met, would they most likely reject you, or no?</p>
<p>no, they are absolutely need-blind (if you're a citizen or a permanent resident of the United States, Canada or Mexico)</p>
<p>i was accepted ED this past december and the financial aid penn has provided me with is amazing. they have really lived up to their promise of meeting 100% of my need.</p>
<p>My daughter's financial aid has been incredible. She is on track to graduate with less than $10,000 of debt for her $200,000+ education. I didn't have to take out another home loan, eat mac & cheese for four years, or sell my soul to the devil. They are generous and reasonable. They really, truly, met her need.</p>
<p>My daughter did not apply ED anywhere because I was nervous about aid. My understanding now though, is that admissions are need blind, and operate independently of financial aid.</p>
<p>Someone told me that the Ivy's are becoming more generous because the schools are under pressure (from whom, I do not know), to direct more of their enormous endowments toward financial aid. Penn's endowment is 6.6 billion. Earmarking even one half of 1% more of that toward aid is a LOT of money.</p>