<p>Recently, the regional director told me that UPenn does not give scholarships and only provides need based aid. What income level would be considered for substantial (10000+ a year) aid?</p>
<p>hey,</p>
<p>its hard to predict aid. there are a lot of other factors other than income, such as savings, property, other assets, family size, etc., that can affect your financial aid package. penn does pledge to meet all financial need, which is the same policy for all other ivies.</p>
<p>hxgbert is correct - financial aid is extremely difficult to predict (more complicated than admissions, even). Penn publicizes that your contribution will be zero if your family makes below 50k, I believe, but beyond that there are no obvious answers. To get 10k a year in aid, your EFC must be less than ~35k. Realistically, income only plays a small role in determining aid qualifications. Your assets (houses and other family assets) and money saved specifically for college play major roles in determining EFC that many people don't realize.</p>