<p>For those who have been accepted already, how much money did u get and if you don’t mind, tell me how much ur parents make on avg a year.</p>
<p>My parents make around 40k this year but since they’ve just changed jobs it’ll be around 70-80k next year.</p>
<p>I’m wondering if I’d be able to afford Penn if I get in.
I would rather not get a large student loan if possible.</p>
<p>i'm wondering the same Q too!!!......bump!</p>
<p>com'on EDers...</p>
<p>I bet at least half of the kids at PENN have parents making less than 60-70 grand.</p>
<p>well...they gave us what our EFC didnt cover (and that was a lot)....so we were happy....BUT we just did the FAFSA and ended up with around 7 thousand more for our EFC....soo, who knows what will happen</p>
<p>hows their financial aid?</p>
<p>I'd say strong.... to... very strong.</p>
<p>Strong in comparison to the need-based awards of other colleges. I know a couple of ED kids that got shafted by the finaid office, though, and they weren't too happy with it.</p>
<p>Most often, the financial aid will be decent, but I doubt it will cover everything a middle class student will want it to cover. The more and more I see, the more I feel that it's getting very hard to get good financial aid these days.</p>
<p>Joey</p>
<p>To the best of your knowledge how much would someone hget with parents making under 100K versus someone with 120K+? Would you conjecture financial aid would be around 15-20 grand, or less?</p>
<p>Depends on your circumstances. Parents are expected to contribute some crazy number like 33% of their available after tax income to your education. The number of siblings you have will raise or lower this number, as will any other special circumstances.</p>
<p>Joey</p>
<p>33%!!! What are we gonna eat? Tree bark?</p>
<p>Looks like it. Loans up the wazoo when we come out...40 years work after that. No social secuirty. lol, not bad eh?</p>