University of Pennsylvania

In 2022, UPenn's tuition was $58,620 a year.

In 2023, tuition increased 4.28%–from $56,212 the prior year. Usually, colleges raise tuition about 3% each year.

Remember, the advertized cost of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college more manageable until after graduation.

University of Pennsylvania meets 100% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at University of Pennsylvania is around $62,265 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $27,705 of debt.

Does University of Pennsylvania Offer In-State and Out-of-State Tuition?

University of Pennsylvania is a private, nonprofit institution, so it has the same tuition for residents of Pennsylvania as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Pennsylvania residents.

Attending an insitution where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Take the time to check your state's criteria for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on the state you and your parents currently live in.

Explore other Pennsylvania colleges

Do International Students Pay More to Go to University of Pennsylvania?

University of Pennsylvania has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but should research private or University of Pennsylvania-specific aid and scholarships. International students with need may be eligible for the following types of financial support at University of Pennsylvania:

•University of Pennsylvania-specific scholarships

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University of Pennsylvania Room, Board, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at University of Pennsylvania.

House and Food Costs at University of Pennsylvania

Room and board at University of Pennsylvania is $18,496 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the school dining facilities. Students who do not live on-campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $12,564.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at University of Pennsylvania

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways so that those with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at University of Pennsylvania

The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area can be costly, but there may be more trains, busses and low-cost flight options to actually get to school. The University of Pennsylvania campus is located in a city in Pennsylvania.

Other Costs

When estimating your budget for college, don’t forget to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending University of Pennsylvania

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending University of Pennsylvania.

Total Cost of University of Pennsylvania

What will the cost of attending University of Pennsylvania be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$58,620
Room and Board	$18,496
Board Only	$5,796
Other expenses	$2,008

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$86,608
Off-Campus	$73,908

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

University of Pennsylvania’s tuition and fees change based on: •Course load for part-time students

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University of Pennsylvania Financial Aid

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In 2023, 4,275 of the 9,760 undergrads enrolled received financial aid. University of Pennsylvania meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $62,265 a year. Around 18% of University of Pennsylvania undergrads take out student loans to cover any remaining costs. University of Pennsylvania graduates who have student loans graduate with an average of $27,705 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$15,096
University of Pennsylvania-Specific Loans	$11,484
Private Loans	$57,067

Most Common Loans for University of Pennsylvania Students
Federal Loans	16%
Institutional Loans	1%
Private loans	4%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on University of Pennsylvania financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Pennsylvania

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, University of Pennsylvania awarded 4,228 need-based scholarships to students, giving away total of $249 million to help students with financial need cover the cost of school. An additional $3.63 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of Pennsylvania

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for University of Pennsylvania students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at University of Pennsylvania was $62,265 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Pennsylvania seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$24,343
Off-Campus	$11,643

What will attending University of Pennsylvania really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the University of Pennsylvania's net cost calculator on their website.

University of Pennsylvania Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

University of Pennsylvania does not have guaranteed tuition.

University of Pennsylvania offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

UPenn Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

UPenn has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

University of Pennsylvania's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about University of Pennsylvania's endowment, check with the school directly. For each full-time student, University of Pennsylvania spends about $68,281 a year.

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Learn More About University of Pennsylvania

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

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