University of Pennsylvania – The Complete Guide

University of Pennsylvania - The Complete Guide

About the University of Pennsylvania

The University of Pennsylvania was established in the year 1740 when a blueprint was created for developing a charity school in Philadelphia which would also be a worship destination. However, the costs overshot initial estimates, and the project remained stuck for a long duration. In the year 1749, Benjamin Franklin, the legendary inventor, printer and future founding father of the United States of America (USA), published his famous essay Proposals Relating to the Education of Youth. Benjamin Franklin circulated the essay among the citizens of Philadelphia and organized 24 trustees for setting up a higher education institution. This group bought the building, and in 1751, they opened its doors to children of the gentry and working-class called it the Academy and Charitable School in the Province of Pennsylvania. Franklin remained president of the school till 1755 and a trustee till 1790. 

Ultimately, Penn got its own collegiate charter in 1755, a first-class graduate in 1757 and set up the first medical school in the American colonies back in 1765. It was the first American higher education institution to become a university in 1779. It expanded to another campus in 1802 and outgrew the same, leading to the establishment of another new campus in 1872 at West Philadelphia.

The University of Pennsylvania has students representing every state in the USA along with 100 other countries. It is ranked amongst the top-10 national universities while admitting 10,000 UG students and 10,000 PG and professional students annually. Financial aid is offered to several students, with the institution having disbursed $2billion in UG funding since 2004 to 22,000+ pupils. 46% of UG pupils also got financial aid via grants in 2018-19. One of the world’s biggest research institutions with an annual research budget of $1 billion and 4,000+ active members of faculty. The University of Pennsylvania acceptance rate is 9% as of 2020. 

Some famous alumni include Gloria Allred (American civil rights lawyer), Donald Trump (former US President and businessman), Anil Ambani (Indian businessman and chairman of Reliance Group), Elon Musk (founder of SpaceX and Tesla), Elizabeth Banks (actor), Warren Buffet (CEO of Berkshire Hathaway), Tory Burch (fashion designer), Bruce Dern (two-time winner of the Academy Award and noted actor), Jennifer Eagan (author and Pulitzer Prize winner), Dave Gilboa and Neil Blumenthal (co-CEOs at Warby Parker), and others. Some of them include Laurene Powell Jobs, widow of Apple giant Steve Jobs and a successful entrepreneur, Leonard Lauder, chairman emeritus at Estee Lauder; singer-songwriter John Legend, Dr. Mehmet Oz, host of the popular Dr. Oz Show and Ivanka Trump, daughter of former US President Donald Trump.

Address of University of Pennsylvania

The address of the University of Pennsylvania is Philadelphia, PA 19104. The 299-acre campus is in West Philadelphia and is called University City, across the River Schuylkill from the Center City in Philadelphia. 

Public/Private Status of University of Pennsylvania

The University of Pennsylvania is a private Ivy League educational institution. 

QS World University Rankings and Other Rankings

The University of Pennsylvania ranking is 13 in the QS World University rankings. 

Top Offered Courses by University of Pennsylvania

The popular programs at the university include management, business, social sciences, marketing, philosophy and religious studies, biological and biomedical sciences, engineering, computer and information sciences, law, medicine and more. The average University of Pennsylvania fees are $54,652 per year in tuition costs for undergraduate courses. PG costs vary on the basis of several factors. 

Required Examinations for University of Pennsylvania

For University of Pennsylvania admissions, you will require the following examinations: 

  • GRE for PhD and other graduate programs. 
  • MCAT, LSAT or GMAT depending on the chosen program. 
  • English language proficiency tests like IELTS, TOEFL, PTE and others. 
  • ACT/SAT for UG students. 

University of Pennsylvania Requirements for Admissions

  • UG applicants will require 35 in ACT and 1560 in SAT. 
  • The GPA should be at least 3.9 or more. Lower GPAs are fine if you have higher ACT/SAT scores. 
  • Common Application and essay for Penn. 
  • Official transcripts of high school or bachelor’s degree (UG or PG applicants). 
  • LORs (Letters of Recommendation). 
  • School Report. 
  • IELTS/TOEFL scores (Minimum 7 for IELTS and 100 for TOEFL iBT). The minimum scores are 600 for TOEFL PBT and 250 for TOEFL CBT. 
  • The minimum SAT thresholds are 710-770 in Reading and Writing along with 750-800 in Math, while the minimum ACT scores are 33-35 (2019-20). 

Available Scholarships for University of Pennsylvania

Penn offers various financial scholarship and aid programs to students, having successfully granted $2 billion in grants from 2004 onwards. 46% of UG students have already received aid for 2018-19 as per the university’s website. The Power of Penn initiative has already scaled up the grant-based financial support program at the institution. 

Here are some of the available options: 

  • Penn Grant- Penn Grant is the base for several financial support packages and is an institutional grant that is sanctioned on a need basis. It is available for up to 8 semesters for all UG students. 
  • Named Scholarships- They arise from gifts disbursed by alumni at Penn and their loved ones. A donor may offer direct financial support through these scholarships, many of which have specific criteria to follow. Students get invitations to an exclusive New Student Orientation event which explains the program neatly. You will be writing a small thank you note annually to the donor while being invited to the annual reception either in NYC or on campus for meeting your donor. 
  • State Grant- You may be eligible to get a State Grant, depending on the FAFSA information that you provide. Every state has its own criteria; for example, Pennsylvania residents may get grants from the PHEAA (Pennsylvania Higher Education Assistance Agency). Those residing in Ohio, Delaware, Massachusetts, Pennsylvania, West Virginia or Vermont may apply for these grants by submitting FAFSA details prior to the official deadline. 
  • Federal Supplemental Educational Opportunity Grant. 
  • Mayor’s Scholarship. 
  • Federal Pell Grant. 
  • Outside Scholarships. 
  • Maguire Scholarship. 
  • Graduate Grants and Scholarships- There are 12 professional and graduate schools at the university which offer their own scholarships and institutional grants. 
  • School Program Grants- These are offered by all these professional and graduate schools at the institution. 

Placements at the University of Pennsylvania

62% of all University of Pennsylvania graduates take up full-time work, while 12% choose to continue their education as per the university’s reports. The median salaries stand at $82,750. 2% of graduates are already working internationally (full-time), while 53% of working graduates took their job offers prior to November, majorly in industries like consulting, finance and technology. Other industries such as government, education, marketing, healthcare, and non-profits hire in the spring semester, as per reports. 

Some of the top recruiters at the University of Pennsylvania is the university itself, Teach for America, Boston Consulting Group, McKinsey & Company, Bain & Company, Penn Medicine, Massachusetts General Hospital, Children’s Hospital of Philadelphia, Goldman Sachs, Morgan Stanley, JP Morgan Chase & Co, The Walt Disney Company, NBC Universal, United Talent Agency, Facebook, Amazon, Microsoft, McMaster-Carr, Anheuser-Busch, Tesla, The US House of Representatives, National Institutes of Health and the Fulbright Program- US Department of State. 

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