Low Income Student Applying ED?

Wafflesx3
Sat, 07 Sep 2013 19:50:09 +0000

Hello! I am currently a junior living in Philadelphia and I have some concerns about applying to UPenn ED. I’ve read some threads on CC about applying but I haven’t really found an answer to my question :/. My family’s income is <50,000 and I reside in Philadelphia. I really want to go to UPenn for undergrad but the cost of tuition really scares me.

My parents told me to apply RD to be able to choose schools that gave me the most FinAid and go to the cheaper one.

My friends in college told me to just apply ED since UPenn gives need-based scholarships and if I do get in, I’ll definitely be given the aid that I need.

My question is: does UPenn always give scholarships to those who need it? Was there ever a case where someone needed a scholarship but didn’t get any grant/scholarship/etc and was binded by ED? I’m really scared of that happening when/if I apply ED.

What are your thoughts? All opinions welcome and appreciated. Thanks in advance!