Student Loans for University of Pennsylvania Students

About University of Pennsylvania

student loansThe University of Pennsylvania, or simply UPenn, is an excellent university. The fourth oldest college in the US, UPenn is one of the Colonial Colleges (founded in 1740) and is a member of the Ivy League. Ranked at #5 in 2011 among all national universities, UPenn is home to about 10,300 undergrads and an equal number of graduate students, who live on and around a beautiful, 18th century campus in Philadelphia. We don’t need to convince you that UPenn is worth going to, but we like talking about it: plus, if you went to UPenn, you’d join an alumni network that includes (wait for it) Donald Trump and John Legend, to name two. Rumor has it that there are secret classes that teach how to be a super successful businessperson with a terrible haircut, as well as how to develop the smoothest and most seductive singing voice ever known to man. If you can incorporate the two skills, you just might conquer the world.

Philadelphia is a pretty awesome city, and there are tons of places for students to explore. Unfortunately, exploring cities often means spending money going from place to place, or in Philly’s case, buying all the cheesesteaks you can find. This can be a drain on any student’s budget, especially if you’re receiving UPenn financial aid. Having fun and roaming around the city is a part of any student’s UPenn experience, so we don’t want to put a damper on that: we just want to make sure that you’re smart about spending. Give yourself a limit on how much you can spend per week/month, and keep a tally. You can reward yourself if you go under-budget for the month, but if you go over, well, that would be unpleasant.

UPenn Aid Packages

student-loansUPenn makes up for the absurd amount of required paperwork by having a strong, generous financial aid program. About 60% of students receive UPenn financial aid, and while that number may seem low, remember that it is an Ivy League school, and as such will attract a lot of students who can afford to pay the total COA. About 14% of students at UPenn fall into an awkward financial aid bracket where they don’t qualify for tons of aid, but can’t afford to pay the total amount asked of them: for these students, private student loans are a great way to cover costs. To apply for a private student loan, be sure you do your research first: use our student loan comparison tool to search through loans and find the one best for you. When you find the right loan, go ahead and apply to secure your needed funding for UPenn.

Pay for University of Pennsylvania*

Total Avg. Cost $53,250
Tuition $34,868
Room & Board Not Avail.
Financial Aid Information
Students Receiving Fin Aid 61%
Typical Grant Amounts
State/Local $2,916
Federal $7,188
%Receiving Loans 32%
Avg. Other Stud. Loans $6,464
%Receiving Other Loans 6%

Get into University of Pennsylvania

Admission Rate 18%
Total Enrollment 24,599
Men 47%
Women 53%
Graduation Rate 95%
Application Fee $75

Contact University of Pennsylvania

Address
1 College Hall 34th and Spruce Sts
Philadelphia, PA 19104-6303(215) 898-5000
Financial Aid Office URL
http://www.upenn.edu/admissions/
Admissions Office URL
http://www.upenn.edu/admissions/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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