Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,085, which is 52.67 % of all undergraduate students. 1,732 students which is 15.00% of undergraduate students received federal student loans and the average loan amount is $7,043.

For full-time, first-time beginning students (freshmen), 48.33% of students received grants or scholarships and 13% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at University of Pennsylvania since 2013.

For that period, the average number of students who received grants aid/scholarships is 6,085, which is 52.67 % of all undergraduate students. 1,732 students which is 15.00% of undergraduate students received federal student loans and the average loan amount is $7,043.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,200 (54%)$34,2111,664 (14%)$4,3662,566 (22%)$6,965
2014-156,222 (54%)$35,4161,607 (14%)$4,4482,304 (20%)$7,227
2015-166,251 (54%)$36,9711,551 (13%)$4,4612,155 (19%)$7,134
2016-176,184 (53%)$38,6011,477 (13%)$4,4301,760 (15%)$6,902
2017-186,150 (52%)$40,4201,532 (13%)$4,6121,610 (14%)$7,212
2018-196,128 (52%)$42,4011,512 (13%)$4,8231,503 (13%)$7,087
2019-206,009 (51%)$44,2321,494 (13%)$4,9991,440 (12%)$6,836
2020-215,902 (53%)$43,3621,539 (14%)$5,1651,117 (10%)$7,155
2021-225,720 (51%)$47,7761,718 (15%)$5,2101,131 (10%)$6,867
Average6,085 (52.67%)$40,3771,566 (13.56%)$4,7241,732 (15.00%)$7,043
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,147 (48.33 % of students) received grants or scholarships and its average amount is $47,447. It can cover 71.78% of tuition & fees ($66,104).

In addition, 315 (13.22 % of students) students get helped from the students loans (average amount : $8,842).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,176 (50%)$39,106392 (17%)$6,349
2014-151,116 (47%)$40,439353 (15%)$7,409
2015-161,167 (49%)$43,856340 (14%)$7,145
2016-171,157 (48%)$44,801339 (14%)$7,733
2017-181,135 (47%)$46,318312 (13%)$7,842
2018-191,203 (49%)$50,532320 (13%)$9,413
2019-201,106 (47%)$54,019292 (12%)$10,681
2020-211,177 (52%)$50,778246 (11%)$10,510
2021-221,084 (46%)$57,175245 (10%)$12,499
Average1,147 (48.33%)$47,447315 (13.22%)$8,842
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 341 (14.44 % of students) received Pell (federal) grants and its average amount is $4,915.

In addition, 124 students received State/local government grants/scholarships (5.22 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14331 (14%)$4,387212 (9%)$3,970142 (6%)$3,1641,171 (50%)$36,930
2014-15303 (13%)$4,523184 (8%)$3,950140 (6%)$2,7761,110 (47%)$38,418
2015-16325 (14%)$4,657229 (10%)$3,996119 (5%)$3,1011,164 (49%)$41,565
2016-17315 (13%)$4,772235 (10%)$3,934128 (5%)$3,1531,151 (47%)$42,575
2017-18317 (13%)$4,842235 (10%)$3,991120 (5%)$2,9331,127 (47%)$44,140
2018-19317 (13%)$5,101226 (9%)$3,983128 (5%)$3,0001,201 (49%)$48,201
2019-20348 (15%)$5,138283 (12%)$3,980117 (5%)$2,9061,104 (47%)$51,169
2020-21425 (19%)$5,416326 (14%)$3,953130 (6%)$3,4771,171 (51%)$47,586
2021-22385 (16%)$5,400280 (12%)$3,98488 (4%)$4,1911,077 (46%)$54,238
Average341 (14.44%)$4,915246 (10.44%)$3,971124 (5.22%)$3,1891,142 (48.11%)$44,980
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 315 (13.22 % of students) get any students loan help and its average loan amount is $315.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14392 (17%)$6,349350 (15%)$4,99873 (3%)$10,131
2014-15353 (15%)$7,409324 (14%)$5,08762 (3%)$15,601
2015-16340 (14%)$7,145312 (13%)$5,08264 (3%)$13,184
2016-17339 (14%)$7,733308 (13%)$4,98556 (2%)$19,394
2017-18312 (13%)$7,842274 (11%)$4,89459 (2%)$18,740
2018-19320 (13%)$9,413288 (12%)$5,02862 (3%)$25,229
2019-20292 (12%)$10,681267 (11%)$5,18263 (3%)$27,541
2020-21246 (11%)$10,510217 (9%)$5,03055 (2%)$27,160
2021-22245 (10%)$12,499215 (9%)$5,02766 (3%)$30,021
Average315 (13.22%)$8,842284 (11.89%)$5,03562 (2.67%)$20,778

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