<p>Penn matched my financial aid from Princeton. My parents now are saying I can't go to Penn because they might take away all the financial aid for the following 3 years. Can/do they do this?! Please help! Thanks!</p>
<p>Penn’s reputation and popularity with potential applicants wouldn’t last long if it pursued a policy of pulling the financial-aid rug out from under students after their freshman year. Here’s what Penn’s Student Financial Services office has to say about it:</p>
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<p>[Frequently</a> Asked Questions](<a href=“Submit My Documents”>Submit My Documents)</p>
<p>By the way, Princeton–just like Penn–also requires students to reapply for financial aid each year (see the fourth, fifth, and sixth paragraphs on page 7):</p>
<p><a href=“http://www.princeton.edu/pr/aid/pdf/PU-aid-appl-info.pdf[/url]”>http://www.princeton.edu/pr/aid/pdf/PU-aid-appl-info.pdf</a></p>