<p>My daughter is considering applying to Penn in the fall. Should she be lucky enough to get in, we're trying to figure out how to pay for it!</p>
<p>We have run the net calculators for several of the Ivies and the amount varies greatly. Has anyone been accepted to Penn and another Ivy and seen a significant difference in the award amount? Will Penn match another Ivy's award? Thanks.</p>
<p>^ Yes, according to what many accepted applicants have posted here in the past, Penn will match another Ivy’s award.</p>
<p>They will match and occasionally do better. I had a better package from Cornell and when I sent that in, they ended up matching and since there are no loans in the academic year financial aid (summer is different) it was really awesome for me.</p>
<p>If we do not qualify for financial aid, will Penn match Cornell’s merit award?</p>
<p>Penn does not give merit aid, only need based. It is my understanding that Penn is behind only Harvard, Yale, and Princeton in amount of aid for the Ivies.</p>
<p>I originally did not qualify but that changed once I sent in my financial package from Cornell.</p>
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<p>Pretty sure that NONE of the Ivies–including Cornell–give merit aid (unless there’s something given by Cornell’s state-contract schools of which I’m not aware).</p>
<p>Cornell gave a “LWR grant” after determining that we needed no financial aid. He is a Cornell Tradition Fellow, maybe that played a role. Should we submit it to Penn?</p>
<p>^ Is that a Cornell grant? Or a grant from a third party? What does LWR stand for (please pardon my ignorance :o)?</p>
<p>Some Ivies state on their website that they will ‘reconsider’ FA if EFC is lower and you are offered more at another institution, need-based only. My D rec’d a letter from an Ivy that she was admitted to, that basically said - if you were offered more at another, call!</p>
<p>According to Cornell’s web site</p>
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<p>We got some aid, but went ED. This did not allow us to compare as well as I liked.</p>