University of Pennsylvania

www.upenn.edu/

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2021 Undergraduate Tuition

$54,652

2.8% growth from 2020

2021 Average Net Price

$14,578

After Financial Aid

2019 Student Loan

0.388%

Default Rate

2021 Acceptance Rate

5.87%

56,332 Applicants

2021 Enrolled Students

28,038

82.1% Full-Time

2021 Graduation Rate

96.2%

2,291 Graduates

About

University of Pennsylvania is a higher education institution located in Philadelphia County, PA. In 2021, the most popular Masters Degree concentrations at University of Pennsylvania were General Business Administration & Management (375 degrees awarded), General Finance (303 degrees), and General Computer & Information Sciences (278 degrees).

In 2021, 9,822 degrees were awarded across all undergraduate and graduate programs at University of Pennsylvania. 55.4% of these degrees were awarded to women, and 44.6% awarded men. The most common race/ethnicity group of degree recipients was white (3,985 degrees), 2.56 times more than then the next closest race/ethnicity group, asian (1,556 degrees).

The median undergraduate tuition at University of Pennsylvania is $54,652, which is $25,660 more than the national average for Doctoral Universities ($28,992).

Photo by InSapphoWeTrust

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at University of Pennsylvania is $54,652, which is $25,660 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $14,578.

In 2021, 53% of undergraduate students attending University of Pennsylvania received financial aid through grants. Comparatively, 10% of undergraduate students received financial aid through loans.

Tuition Costs

$54,652

2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Pennsylvania was $54,652. The cost of tuition at University of Pennsylvania is $25,660 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$14,578

2021 Value

39.7%

1 Year Growth

In 2021 University of Pennsylvania had an average net price — the price paid after factoring in grants and loans — of $14,578. Between 2020 and 2021, the average net price of University of Pennsylvania grew by 39.7%.

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

$15,643

Room and Board

$1,358

Books and Supplies

The average yearly cost of room and board at University of Pennsylvania was of $15,643 in 2021. The cost of room and board increased by 2.26% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,358. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

53%

Undergraduates Receiving Financial Aid through Grants

10%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at University of Pennsylvania received financial aid through grants or loans in 2021. This represents a growth of 3.92% with respect to 2020, when 51% 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.

0.388%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at University of Pennsylvania was 0.388%, which represents 10 out of the 2579 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 56,332 undergraduate applications in 2021, which represents a 33.5% annual growth. Out of those 56,332 applicants, 3,304 students were accepted for enrollment, representing a 5.87% acceptance rate.

There were 28,038 students enrolled at University of Pennsylvania in 2021. 49% of first-time enrollees submitted SAT scores with their applications.

University of Pennsylvania has an overall enrollment yield of 73.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

5.87%

Acceptance Rate in 2021

3,304

Accepted Out of 56,332

In 2021, the undergraduate acceptance rate of University of Pennsylvania was 5.87% (3,304 admissions from 56,332 applications). This is lower than the acceptance rate of 2020, which was 8.98%. Between 2020 and 2021, the number of applicants grew by 33.5%, while admissions declined by −12.8%..

This chart compares the acceptance rate of University of Pennsylvania (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

49%

Submission Percentage (2021)

1,183

Scores Submitted (2021)

49% of enrolled first-time students at University of Pennsylvania in 2021 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 had a total enrollment of 28,038 students in 2021. The full-time enrollment at University of Pennsylvania is 23,030 students and the part-time enrollment is 5,008. This means that 82.1% of students enrolled at University of Pennsylvania are enrolled full-time.

The enrolled student population at University of Pennsylvania, both undergraduate and graduate, is 36.2% White, 19.2% Asian, 7.9% Hispanic or Latino, 6.7% Black or African American, 3.18% Two or More Races, 0.0785% American Indian or Alaska Native, and 0.0214% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Pennsylvania in full-time Undergraduate programs are most commonly White Female (17.6%), followed by White Male (15.8%) and Asian Female (14.3%). Students enrolled in full-time Graduate programs are most commonly White Female (19.3%), followed by White Male (15.8%) and Asian Female (7.75%).

Full-Time vs Part-Time Enrollment

82.1%

Full-Time Enrollment

The total enrollment at University of Pennsylvania in 2021, both undergraduate and graduate, is 28,038 students. The full-time enrollment at University of Pennsylvania is 23,030 and the part-time enrollment is 5,008. This means that 82.1% of students enrolled at University of Pennsylvania are enrolled full-time compared with 76.6% 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

98%

2021 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 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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 (2021)

White
10,140 enrolled students
Asian
5,383 enrolled students
Hispanic or Latino
2,214 enrolled students

The enrolled student population at University of Pennsylvania is 36.2% White, 19.2% Asian, 7.9% Hispanic or Latino, 6.7% Black or African American, 3.18% Two or More Races, 0.0785% American Indian or Alaska Native, and 0.0214% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 1,112 students (3.97%) did not report their race.

Graduates

In 2021, 1,054 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 (3,985 degrees awarded). There were 2.56 times more white recipients than the next closest race/ethnicity group, asian (1556 degrees).

The most common Masters Degree concentration at University of Pennsylvania is General Business Administration & Management (375 degrees awarded), followed by General Finance (303 degrees) and General Computer & Information Sciences (278 degrees).

In 2021, 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 (207 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (214 degrees), and Legal (328 degrees).

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 (123,214 people), Other managers (106,060 people), Architects, except landscape and naval (98,205 people), Physicians (75,553 people), and Lawyers, & judges, magistrates, & other judicial workers (67,186 people).

The most specialized majors at University of Pennsylvania in 2021 are Architecture and Related Services (207 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (214 degrees), Legal (328 degrees), Physical Sciences (204 degrees), and Language & Linguistics (128 degrees) (as of 2021).

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, Cardiovascular technologists and technicians, Physicians, Aerospace engineers, and Computer and information research scientists

The most specialized majors at University of Pennsylvania are Architecture and Related Services (207 degrees awarded), PHILOSOPHY AND RELIGIOUS STUDIES. (214 degrees), Legal (328 degrees), Physical Sciences (204 degrees), and Language & Linguistics (128 degrees) (as of 2021).

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

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 Colleges, universities & professional schools, including junior colleges (218,942 people), Architectural, engineering & related services (172,821 people), Elementary & secondary schools (160,354 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (98,111 people), and Computer Systems Design (86,458 people).

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 (2021)

General Business Administration & Management
375 degree-majors awarded
General Finance
303 degree-majors awarded
General Computer & Information Sciences
278 degree-majors awarded

In 2021, the most common masters degree concentration at University of Pennsylvania was General Business Administration & Management with 375 degrees awarded.

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

Sex Breakdown for Common Majors

4,384

Degrees Awarded to Men

in 2021

5,438

Degrees Awarded to Women

in 2021

In 2021, 4,384 degrees were awarded to men at University of Pennsylvania, which is 0.806 times less than the number of degrees awarded to females (5,438).

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

Most Common Male Majors

In 2021, 434 degrees were awarded to men at University of Pennsylvania in General Finance, which is 1.94 times more than the 224 female recipients with that same degree.

Most Common Female Majors

In 2021, 241 degrees were awarded to men at University of Pennsylvania in General Business Administration & Management, which is 0.843 times less than the 286 male recipients with that same degree.

Time to Complete

86%

100% Completion Time

96%

150% Completion Time

In 2021, 86% of students graduating from University of Pennsylvania completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 96% 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.

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 in 2021 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 (72.9%).

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, 4.5% of graduates (103 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
3,985 degrees awarded
Asian
1,556 degrees awarded
Hispanic or Latino
707 degrees awarded

The most common race/ethnicity at University of Pennsylvania is white (3,985 degrees awarded). There were 2.56 times more white recipients than the next closest race/ethnicity group, asian (1556 degrees).

2.06% of degree recipients (202 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
2,248 degrees awarded
White Male
1,737 degrees awarded
Asian Female
867 degrees awarded

The most common race/ethnicity and sex grouping at University of Pennsylvania is white female (2,248 degrees awarded). There were 1.29 times more white female recipients than the next closest race/ethnicity group, white male (1737 degrees).

Operations

University of Pennsylvania has an endowment valued at nearly $20.5B, as of the end of the 2021 fiscal year. The return on its endowment was of 6.1B (29.7%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, University of Pennsylvania had a total salary expenditure of 11.6B. University of Pennsylvania employs 593 Professors, 347 Lecturers and 247 Assistant professors. Most academics at University of Pennsylvania are Male Professor (419), Female Lecturer (211), and Female Professor (174).

The most common positions for non-instructional staff at University of Pennsylvania are: Management, with 1,963 employees, Computer, Engineering, and Science, with 1,133 employees, and Office and Administrative Support with 1,085 employees.

Endowment

$20.5B

2021 Endowment

38%

growth from 2020

University of Pennsylvania has an endowment valued at about $20.5B, as of the end of the 2021 fiscal year. The endowment of University of Pennsylvania grew 38% from the previous year. The value of their endowment was $20.1B 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

$797M - Federal
$22.3M - State
$1.25M - Local

As of 2021, University of Pennsylvania received $797M in grants and contracts from the federal government, $22.3M from state grants and contracts, and $1.25M from local grants and contracts.

Salary Expenditure

$5.12B

2021 Salaries

3.96%

growth from 2020

In 2021, University of Pennsylvania paid a median of $5.12B in salaries, which represents 44.1% of their overall expenditure ($11.6B) and a 3.96% growth from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$246M

Instructional Salaries

1,428

Number of Employees

In 2021, University of Pennsylvania paid a total of $246M to 1,428 employees working as instructors, which represents 4.81% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

593 Employees

Management

Most Common Non-Instructional Employee

1,963 Employees

In 2021, the most common positions for instructional staff at University of Pennsylvania were Professor with 593 employees, Lecturer with 347 employees, and Assistant professor with 247 employees.

In 2021, the most common positions for non-instructional staff at University of Pennsylvania were Management with 1,963 employees, Computer, Engineering, and Science with 1,133 employees, and Office and Administrative Support with 1,085 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Lecturer
Female Professor

In 2021, the most common demographic for instructional staff at University of Pennsylvania was Male Professor with 419 employees, Female Lecturer with 211 employees, and Female Professor with 174 employees.

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