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I just got my financial aid and my total package left me to have to pay around 25k which is the maximum that my parents are willing to pay.
Since I have to reapply for financial aid every year, will my financial aid increase or decrease significantly based on my parents' incomces or can I expect my aid package to stay about the same? The reason I ask is that what if my dad's salary goes up by like 50k and I lose financial aid eligibility. I don't want to have to transfer out of UPenn after my freshman year just because I can't afford it anymore.
From what i heard, if the family's financials remain relatively unchanged, your aid package will be more or less the same. If the family income changes, then you would expect to contribute a bit more. I would suggest that you speak to the financial aid office when you are there. It is fair to say that you make more, you pay more.
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