University of Pennsylvania

www.upenn.edu

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2020 Undergraduate Tuition

$53,166

3.93% growth from 2019

2020 Average Net Price

$24,167

After Financial Aid

2018 Student Loan

0.983%

Default Rate

2020 Acceptance Rate

8.98%

42,205 Applicants

2020 Enrolled Students

26,552

82% Full-Time

2020 Graduation Rate

95.5%

2,247 Graduates

About

University of Pennsylvania is a higher education institution located in Philadelphia County, PA. In 2016, the most popular Bachelor's Degree concentrations at University of Pennsylvania were General Finance (390 degrees awarded), Registered Nursing (181 degrees), and General Economics (180 degrees).

In 2020, 9,958 degrees were awarded across all undergraduate and graduate programs at University of Pennsylvania. 54% of these degrees were awarded to women, and 46% awarded men. The most common race/ethnicity group of degree recipients was white (4,038 degrees), 2.43 times more than then the next closest race/ethnicity group, asian (1662 degrees).

The median undergraduate tuition at University of Pennsylvania is $53,166, which is $24,537 more than the national average for Doctoral Universities ($28,629).

Photo by InSapphoWeTrust

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

The median undergraduate tuition at University of Pennsylvania is $53,166, which is $24,537 more than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $24,167.

In 2020, 51% of undergraduate students attending University of Pennsylvania received financial aid through grants. Comparatively, 12% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$53,166

2020 Undergraduate Tuition

In 2020, the cost of tuition at University of Pennsylvania was $53,166. The cost of tuition at University of Pennsylvania is $24,537 more than than the overall (public and private) national average for Doctoral Universities ($28,629).

This chart compares the tuition costs of University of Pennsylvania (in red) with those of other similar universities.

Average Net Price

$24,167

2020 Value

2.44%

1 Year Growth

In 2020 University of Pennsylvania had an average net price — the price paid after factoring in grants and loans — of $24,167. Between 2019 and 2020, the average net price of University of Pennsylvania grew by 2.44%.

This chart compares the average net price of University of Pennsylvania (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$15,298

Room and Board

$1,358

Books and Supplies

The average yearly cost of room and board at University of Pennsylvania was of $15,298 in 2020. During the same period, the average yearly cost of books and supplies was $1,358. The cost of room and board decreased by 2.04% between 2019 and 2020. The cost of books and supplies increased by 3.03% during the same period.

This chart compares the average student costs at University of Pennsylvania (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

51%

Undergraduates Receiving Financial Aid through Grants

12%

Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at University of Pennsylvania received financial aid through grants or loans in 2020. This represents a decline of 1.92% with respect to 2019, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at University of Pennsylvania (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.983%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at University of Pennsylvania was 0.983%, which represents 25 out of the 2543 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

University of Pennsylvania received 42,205 undergraduate applications in 2020, which represents a 6.13% annual decline. Out of those 42,205 applicants, 3,789 students were accepted for enrollment, representing a 8.98% acceptance rate.

There were 26,552 students enrolled at University of Pennsylvania in 2020, and 65% of first-time enrollees submitted SAT scores with their applications.

University of Pennsylvania has an overall enrollment yield of 61.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

8.98%

Acceptance Rate in 2020

3,789

Accepted Out of 42,205

In 2020, the undergraduate acceptance rate of University of Pennsylvania was 8.98% (3,789 admissions from 42,205 applications). This is higher than the acceptance rate of 2019, which was 7.66%. Between 2019 and 2020, the number of applicants declined by −6.13%, while admissions grew by 9.95%.

This chart compares the acceptance rate of University of Pennsylvania (in red) with that of other similar universities.

SAT Scores

65%

Submission Percentage

1,501

Scores Submitted

65% of enrolled first-time students at University of Pennsylvania in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

University of Pennsylvania has a total enrollment of 26,552 students. The full-time enrollment at University of Pennsylvania is 21,785 students and the part-time enrollment is 4,767. This means that 82% of students enrolled at University of Pennsylvania are enrolled full-time.

The enrolled student population at University of Pennsylvania, both undergraduate and graduate, is 40.3% White, 18.4% Asian, 7.57% Hispanic or Latino, 6.81% Black or African American, 4.05% Two or More Races, 0.109% American Indian or Alaska Native, and 0.0339% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Pennsylvania in full-time Undergraduate programs are most commonly White Female (19.1%), followed by White Male (17.3%) and Asian Female (13.7%). Students enrolled in full-time Graduate programs are most commonly White Female (21.5%), followed by White Male (18.4%) and Asian Female (7.82%).

Full-Time vs Part-Time Enrollment

82%

Full-Time Enrollment

The total enrollment at University of Pennsylvania, both undergraduate and graduate, is 26,552 students. The full-time enrollment at University of Pennsylvania is 21,785 and the part-time enrollment is 4,767. This means that 82% of students enrolled at University of Pennsylvania are enrolled full-time compared with 76.4% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of Pennsylvania (in red) compares to similar universities.

Retention Rate over Time

95%

2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at University of Pennsylvania was 95%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), University of Pennsylvania had a retention rate higher than its peers.

This chart shows the retention rate over time at University of Pennsylvania (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
10,691
Asian
4,877
Hispanic or Latino
2,009

The enrolled student population at University of Pennsylvania is 40.3% White, 18.4% Asian, 7.57% Hispanic or Latino, 6.81% Black or African American, 4.05% Two or More Races, 0.109% American Indian or Alaska Native, and 0.0339% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 49.8% White, 15.1% Hispanic or Latino, and 9.74% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 870 students (3.28%) did not report their race.

Graduates

In 2020, 806 more women than men received degrees from University of Pennsylvania. The most common race/ethnicity group of degree recipients at University of Pennsylvania is white (4,038 degrees awarded). There were 2.43 times more white graduates than the next closest race/ethnicity group, asian (1662 degrees).

The most common Bachelor's Degree concentration at University of Pennsylvania is General Finance (390 degrees awarded), followed by Registered Nursing (181 degrees) and General Economics (180 degrees).

The most specialized majors across all degree types at University of Pennsylvania, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (224 degrees awarded), Philosophy and Religious Studies (176 degrees), and Legal (418 degrees).

Workforce

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Pennsylvania are Postsecondary teachers (93,665 people), Architects, except landscape and naval (91,975 people), Elementary & middle school teachers (85,638 people), Other managers (77,495 people), and Secondary school teachers (60,493 people).

The most specialized majors at University of Pennsylvania are Architecture and Related Services (224 degrees awarded), Philosophy and Religious Studies (176 degrees), Legal (418 degrees), Math & Statistics (212 degrees), and Language & Linguistics (140 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Pennsylvania are Surgeons, Securities, commodities, & financial services sales agents, Aerospace engineers, Physicians, and Dentists

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Pennsylvania are Elementary & secondary schools (191,936 people), Colleges, universities & professional schools, including junior colleges (155,553 people), Architectural, engineering & related services (145,108 people), Computer Systems Design (93,582 people), and Legal services (60,002 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Pennsylvania.

Most Common

General Finance
390 degree-majorss awarded
Registered Nursing
181 degree-majorss awarded
General Economics
180 degree-majorss awarded

In 2020, the most common bachelors degree concentration at University of Pennsylvania was General Finance with 390 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Pennsylvania according to their major.

Sex Breakdown for Common Majors

4,576

Degrees Awarded to Men

in 2020

5,382

Degrees Awarded to Women

in 2020

In 2020, 4,576 degrees were awarded to men at University of Pennsylvania, which is 0.85 times less than the number of degrees awarded to females (5,382).

This chart displays the sex disparity between the top 5 majors at University of Pennsylvania by degrees awarded.

Most Common Male Majors

In 2020, 522 degrees were awarded to men at University of Pennsylvania in General Finance, which is 2.1 times more than the 248 female recipients with that same degree.

Most Common Female Majors

In 2020, 268 degrees were awarded to women at University of Pennsylvania in General Business Administration & Management, which is 0.81 times less than the 331 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

95%

150% Completion Time

In 2020, 85% of students graduating from University of Pennsylvania completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 95% completed their degrees within 150% of the normal time, and 97% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at University of Pennsylvania is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.712% of graduates (16 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
4,038 degrees awarded
Asian
1,662 degrees awarded
Hispanic or Latino
721 degrees awarded

The most common race/ethnicity at University of Pennsylvania is white (4,038 degrees awarded). There were 2.43 times more white recipients than the next closest race/ethnicity group, asian (1662 degrees).

1.68% of degree recipients (167 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
2,170 degrees awarded
White Male
1,868 degrees awarded
Asian Female
925 degrees awarded

The most common race/ethnicity and sex grouping at University of Pennsylvania is white female (2,170 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, white male (1,868 degrees).

Operations

University of Pennsylvania has an endowment valued at nearly $14.9B, as of the end of the 2020 fiscal year. The return on its endowment was of $555M (3.73%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, University of Pennsylvania had a total salary expenditure of $10.9B. University of Pennsylvania employs 634 Professors, 312 Lecturers, and 255 Assistant professors. Most academics at University of Pennsylvania are Male Professors (460), Female Lecturers(188), and Female Professors (174).

The most common positions for non-instructional staff at University of Pennsylvania are: Management, with 1917 employees, Computer, Engineering, and Science, with 1149 employees, and Office and Administrative Support with 1148 employees.

Finances

Endowment

$14.9B

2020 Endowment

1.55%

growth from 2019

University of Pennsylvania has an endowment valued at about $14.9B, as of the end of the 2020 fiscal year. The endowment of University of Pennsylvania grew 1.55% from the previous year. The value of their endowment was $14.6B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Pennsylvania (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$738M - Federal
$15.1M - State
$2.17M - Local

As of 2020, University of Pennsylvania received $738M in grants and contracts from the federal government, $15.1M from state grants and contracts, and $2.17M from local grants and contracts.

Expenses

Salary Expenditure

$4.92B

2020 Salaries

5.92%

growth from 2019

In 2020, University of Pennsylvania paid a median of $4.92B in salaries, which represents 45% of their overall expenditure ($10.9B) and a 5.92% growth from the previous year. This is compared to a 9.08% growth from 2018 and a 9.88% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

Instructional Salaries

$245M

Instructional Salaries

1,457

Number of Employees

In 2020, University of Pennsylvania paid a total of $245M to 1,457 employees working as instructors, which represents 4.98% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

634 Employees

Management

Most Common Non-Instructional Employee

1917 Employees

In 2020, the most common positions for instructional staff at University of Pennsylvania were Professor with 634 employees; Lecturer with 312 employees; and Lecturer with 255 employees.

In 2020, the most common positions for non-instructional staff at University of Pennsylvania were Management with 1,917 employees; Computer, Engineering, and Science with 1,149 employees; and Office and Administrative Support with 1,148 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Lecturer
Female Professor

In 2020, the most common demographic for instructional staff at University of Pennsylvania was Male Professor with 460 employees, Female Lecturer with 188 employees, and Female Professor with 174 employees.

This chart shows the sex split between each academic rank present at University of Pennsylvania.

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