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Virtually ALL the top privates will have similar income distributions. But keep in mind that, like its peers, Penn devotes substantial resources to undergraduate financial aid–over $149 million this year, alone. And also keep in mind that about 1,000 members of Penn’s current freshman class, out of about 2,400 total, are on financial aid (meaning about 40%):</p>
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<p>With one of the most generous undergraduate financial aid budgets outside of HYPS, including one of the few no-loan policies outside of those 4 schools and participation in low-income student recruitment programs such as Questbridge and the Posse Foundation (Penn was the first Ivy to join the Posse program), the overall income distribution of Penn undergrads is quite similar to–if not more diverse than–that at the other Ivies and top privates.</p>