UPenn has reduced the number of FinAid grants for...

Colleges and Universities A-Z University of Pennsylvania
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<p>I'm an international student who is also applying for FinAid at Penn. And this is what I read from the "What Wharton wants" article:</p>

<p>"I'm 17 years old, and I attend the International School in Munich, Germany. Is there a smaller chance of getting accepted at your school as an international student?</p>

<p>Stetson: Only if you're applying for financial aid. We have a REDUCED number of aid grants for international students."</p>

<p>I'm well aware that Penn has a very limited number of FinAid grants available for international students, and applying for Aid lowers a candidate's chance of acceptance. Yet Stetson used the term "a reduced number of aid grants". I'm not sure what he actually meant by that. "Limited" as usual or that Penn has recently decided to REDUCED the number of aid grants available for international students. The huge number of international students already at Penn really worries me. It's great for diversity, but it may imply that Penn will not be interested in recruiting more international students as it used to.</p>

<p>I've googled for the news to see if Penn has recently decided to cut down on the budget for international students but have found nothing. Sb pls clarify this point for me. </p>

<p>Thank you!</p>

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<p>Reduced, meaning there are fewer aid grants for international students than for non-international students.</p>

<p>That article is also quite old by the way, and Stetson is no longer the dean of admissions.</p>

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<p>i would assume the amount of aid for internationals is still less than that for US students</p>

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<p>well look on the bright side--the plummeting USD makes a Penn tuition cheaper every day for internationals</p>

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<p>I know that Stetson is no longer the Dean of Admissions. Yet the new one is only an interim Dean, so I doubt he would have any dramatic change on financial stuff.</p>

<p>@ilovebagels: we're looking at a four-year period. Nobody can tell where the USD is getting to next year. Besides, that isn't quite a bright "side". It's much more like a bright "dot".</p>

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<p>Apparently the amount of aid for int'l students is always less than for US students. But did he mean that the amount of aid for int'l students is now less than it used to be?</p>

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<p>thats what i got out of it</p>

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<p>What did you get out of it?</p>

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<p>By "reduced" he meant "lower", in other words, that there is a lower number of aid grants available for international students than for American students. He was NOT indicating that the numer of grants for international students had been reduced from what it was before. If anything, over time Penn has been INCREASING financial aid available to all students--including international students--and the $3.5 billion capital campaign currently underway seeks to raise hundreds of millions of dollars for additional financial aid.</p>

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<p>Thank you so much, 45 Percenter!</p>