The Penn Compact 2022 affirms inclusion as a means toward the essential ends of higher education: equalizing opportunity, educating leaders for all sectors of society, and enriching the experience of all members of the University community.
The cornerstone of Penn’s initiative to increase access for students from all socioeconomic backgrounds is its grant-based financial aid program. Since 2004, the University has awarded $2 billion in undergraduate aid to more than 22,000 students. Forty-six percent of undergraduate students received grant-based financial aid in 2018-19, with an average package of $54,301.
The Power of Penn Campaign is expanding Penn’s robust undergraduate grant-based financial aid program and growing graduate and professional student aid to minimize the burden of debt. Penn is building spaces like the New College House West that unite people with common interests under one roof, and empower first-generation college students to achieve their full potential through the Penn First Plus initiative.