FINANCIAL AID
RECIPIENTS
Student Registration
& Financial Services
WWW.SRFS.UPENN.EDU
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
INFORMATION FOR
EARLY
DECISION
GRANT-BASED
FINANCIAL AID
PROGRAM
Penn is the nation’s largest university
with a program that enables full-
time, traditional undergraduates to
receive grant-based aid packages
for eight academic semesters.
The grant-based aid program applies
to dependent undergraduate students
in the College of Arts and Sciences,
the School of Nursing, the School
of Engineering and Applied Science,
and the Wharton School who are
pursuing their first bachelor’s degree.
The grant-based program demonstrates
Penn’s commitment to increase
access for qualified students from
all economic backgrounds.
CONTACT
100 Franklin Building
3451 Walnut Street
Philadelphia, PA 19104-6270
Fax 215.573.5428
sfsmail@pobox.upenn.edu
www.srfs.upenn.edu
Congratulations
on your admission to Penn! On behalf of Student Registration and
Financial Services, welcome to the University of Pennsylvania.
Your financial aid award was determined upon careful review of your
financial aid application. I encourage you to read this material carefully
to gain a good understanding of the terms of your award. In addition to
explaining your award, this booklet outlines your next steps to finalize
and disburse your aid. Information about payment options is also
included.
To review your financial aid award online, log on to the Penn Applicant
Portal: https://key.admissions.upenn.edu/status.
Should you need additional assistance, do not hesitate to contact us.
Welcome to the Penn family!
Sincerely,
Elaine P. Varas
Senior University Director of Financial Aid
Student Registration and Financial Services
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
2
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Student Registration
& Financial Services
Benjamin Franklin
“DOORS OF WISDOM NEVER CLOSE.”
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
3
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
contents
Cost of Attendance 4
Other Expenses 4
Direct Costs 4
Indirect Costs 4
How Financial Need is Determined 5
Expected Family Contribution 5
Eligibility for Federal Funds 5
Eligibility for State Funds 5
Financial Aid Funds 6
Eligibility for Institutional Funds 6
Financial Assistance In Future Years 6
Sibling Enrollment Certification 6
Federal Verification Process 6
Satisfactory Academic Progress 6
Summer Financial Aid Program 6
Grant Aid 6
Outside Scholarships 7
Student Employment 7
Financial Aid Funds 7
A Word About Loans 8
Penn’s Grant-Based Aid Program 8
Types of Loans 8
For More Information 8
Payment Options 9
Federal Direct Loan 9
Federal Direct PLUS Loan 9
Penn Payment Plan 9
Receiving and Paying Your Bill 10
Penn.Pay 10
Receiving Your Bill 10
Billing Schedule 10
Paying Your Bill 10
Legal Statements 11
FERPA 11
Policy on Equal Opportunity and Armative Action 11
Checklist for the Next Steps 12
How to Contact Student Financial Services 13
Customer Service 13
Other Contacts 14
Penn Websites 14
Other Useful Contacts 14
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
4
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Cost of Attendance
We based your financial aid award on the current year’s cost of
attendance, which represents the cost of attending Penn for an
academic year and includes both direct costs that appear on your
student bill and indirect costs that are not billed by Penn. You
should consider your cost of attendance as your budget for each
academic year. We will notify you when a revised aid notice is
available that will be based on the 2022-2023 cost of attendance.
COST OF ATTENDANCE
FOR ACADEMIC YEAR 2021-2022
Tuition $54,652
Fees $7,058
Housing $11,358
Dining $5,946
Books and Supplies $1,358
Transportation $922
Personal Expenses $2,004
Total Cost $83,298
The cost of attendance for 2022-2023 will be posted on our website in
Spring 2022.
Direct Costs
(Costs that appear on your student bill)
Tuition and fees are fixed costs. These
mandatory fees include the general fee,
the educational technology fee, and the
student health clinical fee.
The housing allowance is based on the
first-year room rate in the University
College Houses. Students are required to
live in on-campus housing during their
first two years of enrollment.
The meal allowance represents the cost
of the first-year dining plan through
Penn Dining. Students are required to
participate in a meal plan during their
first two years of enrollment.
Indirect Costs
(Estimated costs not billed by Penn)
The books and supplies allowance
provides for the annual cost of required
textbooks and supplies.
The transportation allowance provides
for local transportation costs. The
approximate cost of two round-trips
home may be added based on your
permanent address. If relevant, this
will appear on your award notice as
“Undergraduate Travel.”
Personal expenses include allowances for
clothing, laundry, recreation, etc.
Other Expenses
Other expenses include the New Student Orientation fee and student health insurance if you are not covered under your parents’
plan. You may also wish to purchase a computer. Upon request, financial aid may be able to assist you with loan funding to cover
these additional costs. For an explanation of fees, please visit www.srfs.upenn.edu/undergraduate-fees.
Student Health Insurance
All full-time students must submit health and immunization records and maintain comprehensive health insurance as a condition of
enrollment. Students who do not have insurance, whose plans do not provide coverage in the Philadelphia area, or whose plans do
not meet Penn’s criteria for alternative insurance will automatically be enrolled in the Penn Student Insurance Plan (PSIP). For details,
visit the Student Health Service’s site at shs.wellness.upenn.edu.
How Financial Need
is Determined
Financial aid is awarded based on your evaluated financial need. To
arrive at your financial need, we subtract your family contribution, as
determined by Penn and the Department of Education, from Penn’s
cost of attendance.
Expected Family Contribution
Penn’s financial aid packaging philosophy is that a student’s education is a shared
investment between the student, their family, and the University. Therefore, Penn
awards financial aid to supplement, not replace, your family’s ability to pay. Our goal is
to assist as many families as possible in a fair and equitable manner.
Your expected family contribution includes contributions from both you and your
parents. Your parents’ contribution is determined by considering income, assets, family
size, all taxes paid, number of dependent children in college or private school and the
cost of each school, and special circumstances.
Your student contribution includes a portion of your current savings, a portion
of dividend and interest income, and expected savings from summer of 2022
employment.
Eligibility for Federal Funds
To be eligible for assistance from any of the following federal aid programs:
› Federal Pell Grant
› Federal Supplemental Educational Opportunity Grant (SEOG)
› Federal Direct Loan (Subsidized and Unsubsidized)
› Federal Direct PLUS Loan
› Federal Work-Study (FWS)
You must:
› File a FAFSA
› Make satisfactory academic progress
› Not be in default on a Federal Loan
› Not owe a refund on a Federal Pell Grant or Federal Supplemental Educational
Opportunity Grant (SEOG)
Eligibility for State Funds
You may be eligible for a state grant. Please consult with your state grant agency.
COST OF ATTENDANCE
(COA)
EXPECTED FAMILY
CONTRIBUTION
FINANCIAL NEED
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
5
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
–
=
Financial Aid Funds
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
6
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Eligibility for Institutional Funds
You will be considered for Penn funds based on your financial
need as determined by Penn.
Financial Assistance In Future Years
Penn commits to providing you with grant-based financial
aid packages for eight academic semesters. You should
plan in advance for future years. Your financial aid eligibility
for institutional funding should be similar throughout your
undergraduate years, as long as your family’s financial situation
remains similar. Remember, changes in sibling enrollment will
have an impact on your financial aid package.
Summer savings expectations are higher for returning
upperclass students than for entering first years since the
summer break is typically longer for enrolled students.
To continue to receive aid, you must submit a financial aid
application and tax returns each year. Financial aid applications,
College Board Profile, and Free Application for Federal Student
Aid (FAFSA) are available each year on October 1.
Sibling Enrollment Certification
If you indicated that you will have a sibling enrolled in college
in 2022-2023, your financial aid was awarded based on this
information. SFS may follow up with you to confirm this
information at the start of the academic year. Your award
may be adjusted in cases where sibling enrollment changes
from what was previously reported on your financial aid
application.
Federal Verification Process
The federal government randomly selects recipients of federal
funding for verification of their tax and household information.
If you are selected, you will be notified when to complete
this process by both the federal processor of your FAFSA via
your Student Aid Report and by Penn’s financial aid oce.
Your federal funding will not disburse until you complete this
process.
Satisfactory Academic Progress
Federal regulations require that all students be reviewed at
the end of each term to determine satisfactory academic
progress standing. In order to maintain eligibility in the federal
aid programs (Pell, SEOG, Federal Work-Study, Direct Loans)
you must be progressing satisfactorily toward your degree.
The assessment is based on GPA, completion rate, pace, and
maximum time frame. Visit the Policies section of the SRFS
website for more details.
Summer Financial Aid Program
Penn’s commitment is to provide financial assistance during
the fall and spring semesters. We have a very limited summer
financial aid program consisting of loans. If you are considering
enrolling in summer sessions, keep in mind that you may
need to apply for federal educational loans. To be eligible for
summer financial aid, students must be enrolled at least half
time in coursework that will be applied toward their degree.
Financial aid applications for summer sessions are available on
our website during the spring semester.
Grant Aid
Penn Grant and University Named Scholarships
These awards are made from either general University funds
or specific funds earmarked by the donor for financial aid.
Penn Grant and named scholarships are awarded based on
evaluated financial need. Some donors may have stipulated
additional criteria (e.g. school, major, etc.). All institutional
grants are awarded for a total of eight semesters to traditional
undergraduates enrolled full-time in an undergraduate program.
Federal Supplemental Educational Opportunity Grant
(SEOG)
This federally funded grant is based on financial need as
determined by your FAFSA.
(Grant Aid continued on next page)
(Grant Aid continued)
Federal Pell Grant
Eligibility for this federal grant is determined by the U.S.
Department of Education, and is based on your FAFSA. The
Federal Pell Grant on your financial aid award letter may be an
estimate. Actual credit will be applied to your student account
after your FAFSA information has been verified through the
federal verification process. Enrollment in fewer than three
credit units a semester may reduce the amount of your Pell
Grant. University Grant/Scholarship is not available to replace a
Pell Grant should you reduce credit units.
State Grant Programs
If you qualify for a state grant, we will include an estimate on
your award notice. The amount will be adjusted based on what
you actually receive from the state. The University grant will be
adjusted accordingly.
Students from Delaware, Massachusetts, Ohio,
Pennsylvania, Vermont, and West Virginia must submit
a FAFSA by their state’s deadline. Residents of Vermont
must also submit a state application. Check with your
state agency for details. University Grant/Scholarship is
not available to replace state grant funds.
Taxability of Grants
Students receiving grants should be aware that total grant aid in
excess of tuition, fees, books and supplies required for courses
of instruction is subject to federal income taxation. In some
cases, the University is required by the Internal Revenue Code
to withhold federal income tax on grant awards to non-resident
students. Consult a tax professional if you have any questions.
Outside Scholarships
Penn provides financial aid packages that cover 100% of
your demonstrated financial need. If you receive an outside
scholarship, we will consider it as part of your overall financial
aid funding.
We will apply your outside scholarship funding to your package
to reduce or replace some of the funds that you as a student
are expected to contribute or earn. We will first apply the
outside scholarship funds to reduce or eliminate the “summer
savings” component of your financial aid package. If necessary,
we will then reduce or eliminate the work study allotment
you would be expected to earn throughout the year. If your
outside scholarship is larger than the combined value of your
summer savings expectation and your work-study allotment,
the remaining amount will replace university grant funding.
You are required to report to Student Financial Services all
scholarships or grants awarded to you from any source outside
the University. Scholarship checks and correspondence should
be mailed to the address listed on page 10.
Student Employment
Federal Work-Study
Student Financial Services awards federal work-study to eligible
students for the academic year. Federal work-study job earnings
are not credited to your student bill; you will be paid directly
each week based on the actual hours you work. For details,
review the Student Employment website at www.srfs.upenn.
edu/student-employment.
While we encourage you to use your work-study award, you
may decide to replace part, or all, of this resource with a
Federal Direct Loan. Review A Word About Loans on page 5
first, then contact our oce if you need assistance.
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
7
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
›
Financial Aid Funds
NOTE TO INTERNATIONAL STUDENTS
Because you are generally not eligible for U.S. federal aid, your financial aid package will consist of institutional
grants and work-study.
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
8
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
A Word About Loans
Penn’s Grant-Based Aid Program
Penn stands out as one of the few universities that does not include loans in aid
packages for traditional, dependent undergraduate students. This means 100% of your
demonstrated financial need is met with work-study funding and grants.
Students may still choose to borrow to help defray their expected family
contribution. We recommend that you borrow only what you need, even if you are
eligible for a higher amount, and only to accomplish a specific goal, such as:
› in lieu of using your work-study job
› to replace all or part of your expected family contribution
Types of Loans
Federal Loans
Federal loans (Direct Loan for students, which may be subsidized or unsubsidized,
and the Direct PLUS Loan for parents) should be the first choice for U.S. citizens and
permanent residents. They generally oer the best terms, as well as loan consolidation
and flexible repayment options. See the next page for more information.
Private Alternative Educational Loans
A number of private lenders and other financial institutions oer education loans
to students. These loans are not subsidized and may carry higher interest rates and
fees than federal loans. A credit-worthy co-signer is usually required, especially for
international students. If you think you need an alternative loan, consult with a
financial aid counselor and visit the loans section of our website at www.srfs.upenn.
edu/loans.
For More Information
We urge you to educate
yourself about student
loans and repayment. These
websites oer additional
information that is helpful:
› www.collegeboard.org
› www.finaid.org
› www.studentloans.gov
100%
of your demonstrated
financial need is met with
work-study funding and
grants with Penn’s Grant-
Based Aid Program.
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
9
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Payment Options
Your financial aid notice explains Penn’s cost of attendance, your grant aid, and your expected family
contribution for the academic year. There are several options to assist you with planning in advance to
cover any existing balance.
Federal Direct Loan
› Available to U.S citizens and permanent residents who are
enrolled at least half-time in a degree program.
› First years can borrow up to $5,500 per year ($9,500 for
independent students). Of that total amount, up to
$3,500 may be subsidized, depending on financial need.
› Interest rate is 3.73% for loans disbursed between July 1,
2021 and June 30, 2022. Origination fee is 1.057%.*
› Repayment begins six months after graduation or
withdrawal from the University. Consolidation, deferment
(for grad school), and income-based repayment options
are available.
Federal Direct PLUS Loan
› Available to parents of U.S. citizens and permanent
residents who are enrolled at least half-time in a degree
program. Borrowers must undergo a credit check.
› Can borrow up to the student’s Cost of Attendance
minus other financial aid received.
› Interest rate is 5.28% for loans disbursed between July 1,
2021 and June 30, 2022. Origination fee is 4.228%.*
› Repayment begins 60 days after final loan disbursement.
Penn Payment Plan
› Available to any Penn family.
› Families can budget a semester’s educational expenses
over a four-month period.
› Plans are interest-free. Families must pay a $45 enrollment
fee each semester.
Payment
Options
For Students
For Parents
Federal
Direct Loan
Subsidized
Unsubsidized
Federal Direct
Plus Loan
Penn Payment
Plan
NOTE TO INTERNATIONAL STUDENTS
If you choose to borrow, please visit our website to learn more about alternative loan options, as in most cases you
will not be eligible for U.S. federal loan programs. Note that international borrowers generally need a U.S citizen or
permanent resident co-signer.
* Interest rates are scheduled to change July 2022,
fees will change October 1, 2022
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
10
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Student Account Bill Presentation and Payment System
*Note that information on this page is accurate at time of publication. Please check the SRFS website for the most up-to-date information.
Penn.Pay
Penn.Pay is the University’s
electronic billing and payment
system. Here you can view your
account activity, make payments,
and set up authorized users. Authorized users are able to
view your bill and make payments on your behalf. In order for
your parents to access Penn.Pay, you must invite them to be
authorized users.
Receiving Your Bill
Notification that your student account billing statement
is available will be sent to your University email address,
beginning with a July statement.
Billing Schedule
The billing schedule will be posted to the SRFS website in the
spring.
Paying Your Bill*
There are several ways to pay your bill:
Please note: Penn does not accept student account payments
in cash.
Online via your U.S. bank
Use Penn.Pay to schedule both the payment date and amount
to pay from your checking or savings account. Accounts must
be with a U.S. financial institution.
Online using a Credit Card
Use Penn.Pay and pay with a credit card. A convenience fee
will be assessed and will appear on your credit card billing
statement. Note that Penn does not receive any compensation
or portion of the convenience fee for providing credit card
payment options.
Check
Pay from a U.S. checking or savings account. Payment
remittance slips must accompany your payment and can be
printed from Penn.Pay.
Wire Transfer
See the SRFS website for details at www.srfs.upenn.edu/
billing-payment/wire-transfer.
A late payment penalty of 1.5% of any past-due balance
will be assessed monthly. A past-due balance may result in
your student account being placed on financial hold which
can restrict future registration, receipt of your diploma, and
transcript requests.
Receiving and
Paying Your Bill
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
11
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Legal Statements
FERPA
The federal government views your educational information, both financial and academic, as yours, regardless of who pays
your educational expenses. Therefore, federal guidelines require that students provide written permission before we can share
financial information with any third party, including parents or spouses. A summary of University policy on the privacy of student
records, which include rights under the Family Educational Rights and Privacy Act (“FERPA”), is available at Penn’s Privacy site at www.
upenn.edu/privacy.
Policy on Equal Opportunity and Armative Action
The University of Pennsylvania’s special character is reflected in the diversity of the Penn community. Diversity is prized at
Penn as a central component of its mission and helps create an educational and working environment that best supports the
University’s commitment to excellence in teaching, research, and scholarship. We seek talented faculty, students, and sta who will
constitute a vibrant community that draws on the strength that comes with a substantive institutional commitment to diversity
along dimensions of race, ethnicity, gender, sexual orientation, age, religion, disability, veteran status, interests, perspectives, and
socioeconomic status.
Grounded in equal opportunity, nondiscrimination, and armative action, Penn’s robust commitment to diversity is fundamental to
the University’s mission of advancing knowledge, educating leaders for all sectors of society, and public service. The University of
Pennsylvania prohibits unlawful discrimination based on race, color, sex, sexual orientation, gender identity, religion, creed, national
or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
Penn is committed to ensuring that its academic, social, recreational programs and services, as well as opportunities for admission
and employment are available on an equitable and nondiscriminatory basis without regard to an individual’s legally protected class
status. Penn also has written armative action programs to address any underrepresentation of women, minorities, people with
disabilities, and qualified covered veterans. The Oce of Armative Action and Equal Opportunity Programs, in collaboration with
the Division of Human Resources and the Oce of the Provost, oversees the implementation and administration of the University’s
equal opportunity, armative action, and nondiscrimination policies and programs.
The University recognizes the right of members of the community to raise questions and pursue complaints of discrimination
and adheres to a strict policy that prohibits retaliation for doing so. Questions, complaints of alleged discrimination, or concerns
regarding these policies or their implementation may be directed to the Executive Director, Oce of Armative Action and Equal
Opportunity Programs, Sansom Place East, Suite 228, 3600 Chestnut Street, Philadelphia, PA 19104-6106, (215) 898-6993 or Fax number
(215) 746-7088.
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
12
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
DEADLINES
To the Admissions Oce
Use the “Reply” link on your Penn Applicant Portal to confirm January 5, 2022
your place in the class.
Send your Enrollment Deposit per instructions on “My Checklist” January 5, 2022
in your Penn Applicant Portal.
To Student Financial Services (SFS)
Fax or electronically upload documents using the enclosed SFS Cover Sheet
Parents’ 2020 Federal Tax Return & W-2 Forms February 4, 2022
Include all pages and schedules
Student’s 2020 Federal Tax Return & W-2 Forms February 4, 2022
Include all pages and schedules
Cover Sheet and Tax I.D. Form (enclosed)
Submit with tax returns. If you or your parents did not February 4, 2022
file taxes in 2020, you must still sign and submit this form.
Outside Scholarships As soon as possible
Report all outside scholarships and grants promptly.
Mail subsequent checks to the Outside Scholarship address
To Federal Student Aid Programs
FAFSA: Apply online at www.fafsa.ed.gov April 15, 2022
SAR: Review your Student Aid Report (SAR) for accuracy May 15, 2022
To Outside Agencies
State Grants: Residents of Delaware, Massachusetts, Ohio, Consult your
Pennsylvania, Vermont, and West Virginia. state grant agency
Payment Options (if you choose to participate)
Apply for the Federal Direct Loan (for students) June 15, 2022
Apply for the Federal Direct PLUS Loan June 15, 2022
Apply for the Penn Payment Plan July 10, 2022
Note: We will notify you when a revised aid notice reflecting the
2022-2023 cost of attendance is available.
Checklist for
the Next Steps
1
2
3
4
5
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
13
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
How to Contact
Student Financial Services
Customer Service
When you first call or email the SRFS
Student Service Center, a customer
service professional will likely answer
your question or resolve your issue at
first contact. If your question is more
complicated or requires adjustments to
your package, we will put you in touch
with a financial aid counselor.
Every student at Penn is assigned a
financial aid counselor. Visit www.
srfs.upenn.edu/contact to see these
assignments based on last name.
Website
www.srfs.upenn.edu
Admissions Portal & Award Notice
key.admissions.upenn.edu/status
Email
General Questions sfsmail@pobox.upenn.edu
Penn Payment Plan budgetpl@pobox.upenn.edu
Tuition Prepayment Plan stuloans@pobox.upenn.edu
Third Party Billing thirdpartybilling@pobox.upenn.edu
Submit Documents Online
https://www.sfs.upenn.edu/forms/onlinedocsubmitform.php
Fax
215-573-5428
Telephone
215-898-1988
Mailing Address Mailing Address for Outside Scholarships
Student Financial Services Outside Scholarship Oce
Franklin Building, Room 005 Franklin Building, Room 100
3451 Walnut Street 3451 Walnut Street
Philadelphia, PA 19104-6270 Philadelphia, PA 19104-6270
Oce Hours
Monday, Wednesday, Thursday & Friday 9:00 a.m. – 5:00 p.m.
Tuesday 10:00 a.m. – 5:00 p.m.
Winter Break
SRFS will close for winter break and reopen on Wednesday, January 5, 2022
at 9:00 a.m. Please check our website for updates.
Should you have general questions during this time, please visit our website at
www.srfs.upenn.edu.
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF
2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026
CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS OF 2026 CLASS
INFORMATION FOR EARLY DECISION FINANCIAL AID RECIPIENTS
14
PENN STUDENT REGISTRATION & FINANCIAL SERVICES
Other Contacts
Penn Websites
Admissions Penn Applicant Portal
https://key.admissions.upenn.edu/status
Campus Express
www.campusexpress.upenn.edu
Overview of key services for life at Penn
Oce of the University Registrar
www.srfs.upenn.edu/registrar
Transcripts, course oerings and descriptions, academic records
Student Employment Oce
www.srfs.upenn.edu/student-employment
Posting for both work-study and non work-study jobs and work-study information
Student Registration & Financial Service
www.srfs.upenn.edu
Forms, general information, and answers to commonly asked questions
Student Health Service
shs.wellness.upenn.edu
Student health insurance and more
University of Pennsylvania
www.upenn.edu
Penn’s website
Student Registration
& Financial Services
Other Useful Contacts
College Board PROFILE
www.collegeboard.com
(305) 829-9793
Penn PROFILE Code: 2933
FAFSA
www.fafsa.ed.gov
(800) 433-3243
Penn Federal Code: 003378
Outside Scholarship Listings
www.finaid.org
www.collegeboard.org
U.S. Dept. of Education
www.ed.gov
(800) 4-FED-AID
(800) 433-3243
