Penn tuition, fees, and room and board will exceed $94,000 for 2026-27
Overall, tuition, fees and room and board costs at the University of Pennsylvania will rise from $91,112 to $94,582 for the 2026-27 school year.
The full cost to attend the University of Pennsylvania next school year will exceed $94,000 under a resolution approved by the school’s budget and finance committee Thursday.
The 3.8% increase in overall costs for the 2026-27 academic year is slightly more than last year, when costs rose 3.7% but slightly less than the year before that, which was a 3.9% increase. Overall, the tab will rise from $91,112 to $94,582 for 2026-27.
The costs include tuition of $65,670, fees of $8,308, room charge of $13,644 and $6,960 for meals.
» READ MORE: Penn approves 3.7% hike in tuition, fees, and room and board, bringing cost to $91k
“People ask me when are we going to break through the $100,000 barrier,” Trevor Lewis, vice president of budget and management analysis, told board members. “Probably in FY28 or 29.”
Lewis said Penn also will increase its undergraduate financial-aid budget 3.8% to $347 million. Penn guarantees full tuition scholarships for students from families with incomes of $200,000 or less with typical assets and covers full attendance costs for students from families earning $75,000 or less. Of the university’s approximate 10,000 students, 46% receive need-based aid.
Tuition for graduate and professional students will be set by the individual schools, the university said.