ED and merit scholarships

I don’t disagree with your point, but Penn’s numbers are consistent with prior years. The change being number of applications received.

Year ED Apps ED Accepted Rate Total Apps Total Accepted Rate Enrolled Yield
2016-2017 5,762 1,336 .23 38918 3674 .094 2491 .68
2017-2018 6,147 1,354 .22 40413 3757 .093 2456 .65
2018-2019 7,073 1,312 .19 44491 3740 .084 2518 .67
2019-2020 7,109 1,280 .18 44961 3446 .077 2400 .70
2020-2021 6,450 1,256 .19 42205 3789 .090 2321 .61
2021-2022 7,795 1,218 .16
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