UPenn early decision financial aid.

thumper1
Mon, 08 May 2017 12:58:07 +0000

Has your family run a net price calculator on the Penn website?

Are they self employed, divorced, or own real estate other than your primary residence?

Is their annual income above $150,000 a year?

How much CAN they pay each year?

Penn uses the CSS Profile to determine the awarding of its institutional aid. Really, that’s what you are looking for. The FAFSA EFC will not be what is used to determine financial aid awards at Penn.

Retirement account balances IN IRA, TSA or other authorized retirement accounts are not included as assets. If younare applying for admission for 2018, you will be doing the 2018-2019 financial,aid forms…and the contributions to tax deferred retirement accounts in 2016 WILL be added back in as income.

If money intended for retirement is NOT in authorized retirement accounts…it IS counted as an asset.

If finances are a huge consideration…then you might want to reconsider applying ED to Penn.