| @cawcaw - Yes, either UPenn is not very generous or their EFC caculation is messed up. Having got pretty much the same EFC from Cornell, CMU and USC, where they gave the rest ($18K-$25K) in grants, UPenn (with same FAFSA and CSS) came up with nothing but a $3K loan.
The only thing I thought was UPenn factors in the Primary Home value - which for a CA resident is a big number. What they don't realize is value of primary residence is pretty much paper money as you can't sell it for education and live in the streets.
A lot of privates have taken out the value of primary home in their EFC calculation - looks like UPenn doesn't, based on what I hear from California residents.
The only other reason may be UPenn is not generous. Even for preview visit, Upenn said "sorry, we don't have funds for visits", while Cornell gave some money for preview visit from California, wihout even asking. |