<p>I know that UPenn meets 100% of financial need. Does that mean they don’t gap, or only pay a portion of your need, expecting the rest in loans. And what is the typical distrubution of financial aid (grants & scolarships Vs. Loans and Work).</p>
<p>In my financial aid package there were loans and work-study. The largest piece was the grant but there's still stuff I have to pay. Hopefully I can get some other scholarships.</p>
<p>if you don't mind me asking, re en kam, what percent of your package was loans and work-study. I am most interested in that number. Thanks!</p>
<p>I actually have no idea. I think each was around $2,000+ though. I'm hoping something changes because I really don't see myself making that much in a work-study my first year of college.</p>
<p>If you have been already accepted, can you still negotiate or plead for a better package?</p>
<p>Yeah, that's what I've been told. For ED at least. I'm not sure about what they say for RD acceptances.</p>
<p>thanks a lot re en kam. anyone else care to share the wealth that is knowledge? : ) If you were accepted ED and needed financial aid, what kind of package did you get? I hear the majority of ED applicants come from affluent families, because they don't need to worry about negotiating financial aid. I want to hear from the other spectrum. Is the financial aid package of UPenn pretty good? UPenn would definately be my first choice, ED, but not if costs me anything close to what its sticker price is! thanks!</p>
<p>I really want to go to Penn, but I got a 35000 annual scholarship to Vandy (and would feel like an a-hole if I make my parents pay 30000+ a year for Penn). If I get into Penn, is there anyway I could negotiate financial aid with the Penn finaid office?</p>
<p>People have done it in the past and I know people are going through the process now. I think Penn can be pretty good with it's finacial aide. And I've never heard of people having major problems negotiating the amount.</p>
<p>this is an important issue that must be discussed in greater detail</p>
<p>Financial aid is good</p>
<p>How was that?</p>
<p>As far as I know you caaann try to negotiate with them and maybe explain some circumstances if you have them...but really its all a formula...even if you get them to give you more money it probably wont be very much more...when they say they meet 100% need that means they meet the need demonstrated...unfortunately THEY are the ones who calcuate your "demonstrated need"...if your parents have savings, even retirement i believe...they take that all into account...but im not sure of all the inner workings. I basically got nothing. Just a couple thousand dollars in loans. Now they ask you if your parents are employed by Penn or its affiliates. Well my mom works at Pennsylvania Hospital...a Penn affiliate. Im sure they know that she gets some pretty hefty work benefits regarding my tuition...and thats why I didn't get aid. I'm not rich by any means. And the interesting thing is...Penn still gets the money, its just that my moms work gives it to them, but they still take that into account when deciding what we have to pay. Moral...they take everything into account. Opinion...I don't see someone swaying their aid decision a very substantial amount..especially for ED.</p>
<p>I believe Penn has a program that varies the amount of loans vs. grants you get based on your need and your merit.</p>