Penn Joins Peers in Offering Grants to Low-Income Students
Filed in archive Financial Aid by Mark on March 24, 2006

(Source: University of Pennsylvania)
Following the lead of Stanford, MIT, Harvard, Princeton and others, the University of Pennsylvania announced its new policy of replacing loans with grants for low-income families
. Students from households making less than $50,000 will thus graduate debt-free.You can read Penn's announcement here.
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