Cost of attending University of Pennsylvania

Hello everyone! My dream school would be the University of Pennsylvania and I was wondering how much it actually costs to attend? I know tuition and fees can add up pretty quickly, so I want to be aware of all costs involved. Financial aid is also something I'll be looking into. Any advice or insights? Thanks in advance!

Hello! The cost of attending the University of Pennsylvania can be broken down into several components, which include tuition, fees, housing, meals, and other associated expenses. For the 2024-2025 academic year, the cost breakdown is as follows:

1. Tuition: $60,920

2. Fees: $7,766

3. Room and board: $19,174 (this includes housing and meal plans, but can vary depending on your specific choices)

4. Books and supplies: Estimated at $1,358

5. Transportation: Estimated at $1,062

6. Personal expenses: Estimated at $2,008

These figures give you an estimated total cost of attendance of around $92,288 per year. Keep in mind that these are just estimates and actual costs may vary depending on personal expenses and choices made for housing and meal plans.

The good news is that the University of Pennsylvania practices need-blind admissions and is committed to meeting 100% of a student's demonstrated financial need. This means that if you are admitted and demonstrate financial need, Penn will create a financial aid package to cover your costs with a combination of grants, work-study opportunities, and loans. You should use Penn's Net Price Calculator to determine your expected family contribution and get an idea of the type of financial aid package you could receive: https://npc.collegeboard.org/app/upenn

When applying for financial aid, make sure to complete the FAFSA (Free Application for Federal Student Aid) and the CSS Profile (if required) to be considered for federal and institutional aid, respectively. Deadlines for these documents will vary based on your admission cycle (Early Decision or Regular Decision), so be sure to keep track of those dates.

In addition to need-based financial aid, you can also look into scholarships (both internal and external) as well as work-study opportunities to help cover costs. Good luck with your application, and I hope this information helps you in planning for the financial aspect of attending the University of Pennsylvania!