![]() For students living at home with family, this allowance can be used for Internet access. The personal expenses allowance assumes expenses for clothing, recreation, etc. How Much Plus Up Payment Should You Get In this third stimulus wave, the IRS has changed most of the rules. The transportation allowance provides for standard local commuting. The books and supplies allowance provides for the expected annual cost for textbooks and supplies. For students who live off-campus, an allowance for food purchases is included. Students are required to participate in a meal plan during their first two years of enrollment. ![]() The food allowance represents the cost of one of the first-year dining plans through Penn Dining. Students paying rent off-campus have a housing allowance to cover nine months of living expenses. Please click here for additional information and guidance on how financial aid applies to off-campus living expenses. Students are required to live in on-campus housing during their first two years of enrollment. The housing allowance is based on the standard room rate in the University College Houses. These mandatory fees include the general fee, the educational technology fee, and the student health clinical fee. All other expenses are unbilled and are used to determine financial aid eligibility and to inform your personal budgeting. The first applies to students living in on-campus housing with a meal plan, the second applies to students living off-campus in a building unaffiliated with the university, and the third applies to students living at home with their families, learning remotely or commuting to campus.Īn asterisk (*) indicates a billed expense in each scenario. Penn lists three costs of attendance for the undergraduate schools. Penn also uses the cost of attendance to help determine a student’s eligibility for financial aid. ![]() Students should consider their cost of attendance as their budget for each academic year. ![]() The cost of attendance represents the cost of attending Penn for an academic year, and includes both direct costs that appear on your student bill such as tuition, fees, housing, and dining, and indirect costs that are not billed by Penn, such as books and supplies, transportation, and an allowance for personal expenses. ![]()
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