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6.5%Acceptance
$66,104Tuition
10,768Students
97%Grad Rate (6-yr)
$111,371Earnings
#1 in PennsylvaniaPrivate nonprofit4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$66,104
Out-of-State Tuition
$66,104
Average Net Price
$31,229
Students Receiving Financial Aid
15.7%
Room & Board (On Campus)
$18,496
Room & Board (Off Campus)
$18,360
Books & Supplies
$1,358
Total Cost of Attendance
$85,958
Median Debt at Graduation
$15,715
Estimated Monthly Loan Payment
$167/mo
Loan Repayment Rate
84.4%
Students Taking Federal Loans
10.1%
Pell Grant Recipients
15.7%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $1,026
$30,001 – $48,000 $4,759
$48,001 – $75,000 $17,585
$75,001 – $110,000 $29,302
$110,001+ $57,603

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most families pay far less than Penn's $86,000 sticker price. The average net cost is $31,229 after aid. Families earning under $30,000 pay just $1,026 annually, while those making over $110,000 pay $57,603. Over four years, that ranges from roughly $4,000 to $230,000 depending on family income.

Penn graduates typically earn $86,069 in their first year out of college. The median debt of $15,715 translates to monthly payments of $167. That's manageable when graduates earn a median of $111,371 ten years after graduation. The Wharton brand opens doors on Wall Street and in consulting. Only 15.72% of students receive need-based aid, reflecting Penn's wealthy student body.

Low-income families get the best deal here. Penn's endowment covers nearly everything for families earning under $30,000, making an Ivy League education surprisingly affordable for those who need it most.

Official Net Price Calculator

Get a personalized cost estimate from University of Pennsylvania:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.