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The University of Pennsylvania joins Harvard and other colleges in announcing loan-free financial aid packages

December 17, 2007View for printing

The University of Pennsylvania http://www.upenn.edu/ on Monday joined Harvard http://www.harvard.edu/ and other elite private colleges in announcing loan-free financial aid packages aimed at middle- and upper-middle-class students.

All financially eligible undergraduates will receive grants instead of loans beginning in fall 2009, Penn officials said.

By KATHY MATHESON, Associated Press Writer

Full Story: http://www.sfgate.com/cgi-bin/articl ... 1237S19.DTL
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