Master's Program Financial Aid + Fellowships

The University of Pennsylvania understands that the cost of a graduate or professional education today is a major investment for most students and their families.  We are committed to making a Penn education accessible for all talented and qualified students. Extremely limited internal funding opportunities are available for master’s degree candidates.

For up-to-date information on financing your graduate education please visit the Student Financial Services website. Here you will find information on financial aid including loans, scholarships, grants and fellowships.

Internal Resources

Internal Funding

We understand that a master’s degree is a significant financial endeavor. To review more funding information at Penn, visit our department webpages, and explore student employment opportunities. Applicants are also encouraged to consider federal funding available through submission of the FAFSA. While Penn Engineering generally does not provide financial assistance for master-level students, explore different funding opportunities offered by the School of Engineering and Applied Science.

US Military & Veteran's Programs

Penn Yellow Ribbon Program

The Yellow Ribbon Program is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. This program allows degree granting institutions of higher learning in the US to voluntarily enter into an agreement with the VA to fund tuition expenses for eligible veterans and their eligible dependents, and beginning in August 2022 their eligible spouses.

Details and eligibility guidelines for Post-9/11 benefits, including the Yellow Ribbon Program, can be found at https://www.benefits.va.gov/gibill/ under Education & Training. Prospective students with questions about Veteran Services at Penn are encouraged to contact veterans@upenn.edu and visit Get Started Using my Benefits.

Schools and programs at Penn have committed funds to the Yellow Ribbon Program, with a designated number of openings available at each school. The VA will match Penn’s commitment. The combined Penn award and VA match cannot exceed the difference between the recipient’s actual tuition charges and the recipient’s basic Post-9/11 tuition benefit. Students receiving VA education benefits are required to disclose other scholarships and grants (including any departmental, Penn, or outside organizations, such as an employer) to Student Registration & Financial Services for review. Additional funding sources may require adjustments to benefit eligibility.

Federal law states that Yellow Ribbon awards must be made on a first-come, first-served basis. SRFS maintains a queue of applicants based on the date a student submits their VA Certificate of Eligibility (COE). Phone calls and email inquiries do not hold you a place in the queue.

For more information: https://srfs.upenn.edu/financial-aid/yellow-ribbon


Penn Veterans Upward Bound Program

The TRIO Veterans Upward Bound (VUB) program hosted by the University of Pennsylvania is a FREE, college preparatory program for eligible veterans federally funded with a grant from the U.S. Department of Education. The program offers college preparatory services to include academic assessment, advising, and counseling; non-credited academic classes and tutoring; college access; and educational support services. The program is intended to encourage, empower, and acclimatize college-bound veterans for the rigors of post-secondary education and training. The primary goal of VUB is to fully prepare eligible veterans to enter the college of their choice, be successful in college, and to graduate from college.

For more information: https://vpse.upenn.edu/

Research and Teaching Assistantships

Unfortunately, the CBE Department does not offer financial aid for the Master’s Degree Program. Teaching Assistant positions in CBE are filled by Ph.D. students as part of their educational requirements.

However, other departments at the School of Engineering and Applied Science do hire Teaching Assistants. The Graduate Coordinator will send out periodic emails to students when they receive that information from the other departments regarding Research and Teaching Assistantships.

Penn Graduate Student Financial Aid Checklist

Penn’s Office of Student Financial Services (SFS) will issue a Student Aid Report (SAR) to students who fill out a FAFSA and submit the results to Penn. Visit SFS.

Faculty Support

There is no need to contact a specific professor to ask for financial aid.  However, it may help if you contact a professor and let him/her know about your background and interests. Although rare, sometimes a professor may be willing to support a student from research grants right from the first year. If you have a question specific to his/her research, he/she will be happy to answer it for you, which would create an opportunity for you to maintain a contact with the professor.

Student Employment

Students are welcome to seek out part- or full-time employment while studying. Part-time employees can use their earnings towards their tuition and/or expenses. Full-time employees receive a tuition benefit that significantly helps with tuition.

The Student Employment Office is responsible for managing the posting of work-study and non-work-study jobs on-campus and off-campus. Information regarding part-time job opportunities is available on their website. Other places to find student employment information include:

Submit a FAFSA

Many federal and institutional aid programs are need based, i.e. eligibility for them depends on a determination that the applicant has financial need. In order to be considered for federal and Penn financial aid, you must submit a FAFSA (Free Application for Federal Student Aid), which requires information from you and your spouse, if applicable.

Penn Fellowships + Grants for Current Students

Graduate and Professional Student Assembly (GAPSA) Grants and Related Funding

The Graduate and Professional Student Assembly (GAPSA) provides a host of funding opportunities from individual grants, to group and event funding. Some of the grants available for graduate students include the following:

Penn Career Services - Summer Funding Program

Penn Career Services knows that many summer internships, particularly in certain fields, provide only a small stipend or do not pay at all. Frequently the internships are located in cities with a high cost of living. This means that some students are unable to take advantage of excellent positions, which are sometimes the first step towards a career in a given field. Other students wish to participate in nonprofit, NGO, or research work away from home.

Career Services has a limited fund of money to allow some select students to pursue unfunded or under-funded summer opportunities. Funds could cover travel expenses, living expenses, or other expenses related to the summer experience.

Note: SEAS graduate students are strongly encouraged to apply, although preference will be given to undergraduates (rising sophomores, juniors, and seniors), you should still apply.

For more information: https://careerservices.upenn.edu/career-services-summer-funding-program/

Trustees’ Council of Penn Women Emergency Grant

The Trustees’ Council of Penn Women will offer grants to students who have special financial needs. Grants will be for sudden, compelling, and unanticipated need due to changed financial circumstances. Examples include the death or unemployment of a parent or illness. These students would be unable to continue their studies without special financial assistance. Students should demonstrate resourcefulness and self-reliance in their quest for a Penn education, and their qualities should identify them as role models for other University students.

For more information: https://www.alumni.upenn.edu/s/1587/gid2/16/interior.aspx?sid=1587&gid=2&pgid=1421

Penn VPUL Emergency and Opportunity Funding

Unexpected financial circumstances can cause undergraduate, graduate and professional students stress and impact their ability to achieve and thrive. Penn’s Division of the Vice Provost for University Life (VPUL), Office of Student Financial Services (SFS), Penn First Plus (P1P), Student Intervention Services (SIS), and Alumni Relations work collaboratively to address pressing needs and, when appropriate, adjust the student’s cost of attendance to fund a relevant opportunity or remedy an urgent situation.

Emergency or Opportunity Grants can range from $100 to $1,000 and can be used for demonstrated needs such as: academic technology/course materials; winter or professional clothing; medical expenses; academic advancement (such as graduate school exam fees); or personal/family emergencies.

For more information: https://pennvpul.wufoo.com/forms/emergency-and-opportunity-funding/

Leboy-Davies Graduate Student Award

The Leboy-Davies Graduate Student Award was created to honor of Phoebe Leboy and Helen Davies, two pioneering feminist faculty members in the health sciences. This award provides up to $2,000 in research or travel funding to a graduate student whose work fosters women’s health, well-being, and educational equality anywhere in the world, or enhances our understanding of gender inequality.

Priority will be given to students who have earned the Gender, Sexuality, and Women’s Studies Graduate Certificate (or who are currently enrolled in the program), and to projects leading to the completion of a doctoral dissertation.

For more information: https://gsws.sas.upenn.edu/center/funding/leboy-davies-graduate-student-award

Kleinman Center for Energy Policy Grants & Research Funding

The Kleinman Center for Energy Policy provides student and research grants as well as summer fellowships four times per year in the spring, summer, fall, and winter, and are open to individual students as well as student groups.

Grants provided by the Kleinman Center must be prospective and funding decisions are based on funding availability, student eligibility, energy policy relevance, and completeness of the application.

For more information:

Penn Museum Assistantship Program

The Penn Museum Assistantship Program offers paid semester-and year-long assistantship opportunities for Penn graduate students to work on projects within the Penn Museum. The program pairs Museum projects in need of research assistance with interested graduate students from related fields.

For more information: https://www.penn.museum/learn/penn-students/museum-assistantship-program

Center for the Study of Ethnicity, Race and Immigration (CSERI) Grants

CSERI will award a number of graduate fellowships for research expenses and travel undertaken in the academic year. Students may receive grants of up to $1,500 for research expenses. All full-time Penn graduate students enrolled in any school whose research focuses on social science approaches to race, ethnicity or immigration in the United States or in other countries are eligible to apply. CSERI research support may be combined with funding from other programs.

For more information: http://web.sas.upenn.edu/cseri/opportunities/graduate-research-grants/

External Fellowships + Financial Aid