<p>I want to get a concrete idea of how much financial assistance Upenn actually offers so if somebody who currently attends Upenn with financial aid could post how much they were offered, I would really appreciate it!</p>
<p>Um, I'm pretty sure no one is going to post something like that. But, for your info, Penn meets 100% of student's demonstrated financial need. So if you really need the money, then they'll cover it.</p>
<p>im applying early to penn and have a general financial aid quandry-</p>
<p>my dad has told me for years (and recently) that he would only pay for an instate education. and would only spot me the equivalent cost if i went out of state or to a private institution. so the question is this: my dad makes a good amount of money but will not pay 40k a year (more like 10k) do colleges take that in to consideration if im a self sustaining student? (ie, its 30k+ a year literally out of my pocket) how can they verify, do they give a ^%*&?</p>
<p>thanks for clearing this up!</p>
<p>Aye, that's the rub. Penn doesn't take it into account if you are a primarily self-sustaining student. If your parents make good money, and are unwilling to cover their Expected Contribution from Penn, and you are a legal dependent, you're going to need to take out some extra private loans such as CitiAssist. If Penn asks for the 40k from your famly, you're going to have to cover whatever your dad doesn't wish to pay. The aid isn't recalculated or anything. All private schools that offer aid work the same way.</p>
<p>Yeah, that is a tough situation. You're best bet would be to talk to your parents and try to convince them of the merits of Penn (maybe try some name dropping of famous Penn alum?).</p>
<p><em>cough</em> the founder <em>cough</em></p>
<p>in case you don't know who he is, it's Benjamin Franklin.</p>
<p>Most generous out of all of the offers.</p>
<p>What is the minimum family income for receiving financial aid from Penn?</p>
<p>like my parents know penn is super bomb. but my dad is a fairly successful attorney (in seattle) after attending state schools in mississippi. his point is that i can succeed wherever i go and that my undergrad- especially- is rather insignificant.</p>
<p>It's true that you can succeed wherever you go. However, the ivy name does tend to give you a special bump. For instance, do you think consulting firms recruit from most state schools or only the top 25? Ditto for the big I-banking firms. Similarly, if student A from Yale has the same application as student B from U of VT (random state school), do you really think that the student from U VT has an advantage?</p>
<p>dog- obviously not. i agree with you, my dad thinks that everyone can have a rags to riches story.</p>