Does the NPC from UPenn really do not count the primary family home?

[beefeater]

@cloudymind

“Penn will no longer consider the value of the primary family home among assets in determining the amount of financial aid eligibility and will raise the income threshold for families eligible to receive full tuition scholarships from $140,000 to $200,000 with typical assets”

My D26 asked this question to their financial aid office recently because we were also confused. They noted that the home equity consideration was ONLY for those with incomes below $200k. So home equity is considered at higher incomes. We haven’t gone back to run the NPC yet as we’ve been waiting until they all get updated for the new academic year.