Penn will pay tuition/board for families earning less than $50,000

<p>Stolen from saintofme on parents board:</p>

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<p>University of Pennsylvania Will Pay Tuition and Room and Board for Families Earning Less Than $50,000
March 23, 2006</p>

<p>PHILADELPHIA – Expanding its effort to alleviate the financial burden on low- and middle-income students and to continue attract top students with diverse economic backgrounds, the University of Pennsylvania will provide grants for undergraduate students from economically disadvantaged families with incomes of $50,000 or less, Penn President Amy Gutmann announced today.</p>

<p><a href=“http://www.upenn.edu/pennnews/article.php?id=925[/url]”>http://www.upenn.edu/pennnews/article.php?id=925</a></p>

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<p>To future applicants: is anyone else ****ed off about all these “changes”? First the common app, now this? Penn has gone too far…</p>

<p>Chillax DUDE.</p>

<p>errr i hope tis is a joke</p>

<p>maybe they're trying to diversify the student body? i think it's a generous offer and its all for their benefit so why not.</p>

<p>do I smell some rich-kid elitism here?</p>

<p>What's the problem?</p>

<p>Rich kid elitism? My family qualify for this</p>

<p>So? Everytime something gets improved, you can't look back and have the attitude that "I wish those bastards had done that back when it would've helped me."</p>

<p>mine does too, but it sounds strange that you should be p i s s e d that Penn is trying to help out the lower income students</p>

<p>It is trying to up the number of low income students at a time when interest rates on loans is escalating............kids who are almost done benefitted from very low interest loans...........remember that. People factoring the loans costs today would perhaps say NO WAY.</p>

<p>ok ok i apologize.. just posted on impulse</p>

<p>anyways still trying to verify this...</p>

<p>Maybe they can afford to because they use temps to teach 60% of UG classes. From the COHE:
"Tenure-track faculty members teach only 40 percent of classes in the University of Pennsylvania's School of Arts and Sciences, according to a report by a graduate-student union at Penn that has been fighting for university recognition. Lecturers on short-term contracts teach almost the same amount, the report says. </p>

<p>As a result, the group argues, students at Penn are not getting the education they are paying for."
.."</p>

<p>callthecops2, I don't know what you mean by "trying to help lower income students" as penn's financial aid is already pretty generous.</p>

<p>I must say, Penn is starting to sound even more appealing.</p>

<p>It's official.</p>

<p><a href="http://www.upenn.edu/pennnews/article.php?id=925%5B/url%5D"&gt;http://www.upenn.edu/pennnews/article.php?id=925&lt;/a&gt;&lt;/p>

<p>So, </p>

<p>Princeton
Stanford
Penn</p>

<p>are all part of the no-tuition for low-income families group now.</p>

<p>Harvard too I believe</p>

<p>But this is amazing! Penn rocks!</p>

<p>if this is for real, im happy as clams! I've been waiting for this for a long time! </p>

<p>P.S. Wasn't Harvard the first one to do this? Then all these other schools are suddenly joining in this year? I read some articles on that.</p>

<p>God I hate being part of middle class America during the college application process.</p>

<p>Middle Class gets so SCREWED in all of this.</p>