Alvin J. Preis Scholarship
University of Pennsylvania
Key Statistics
Grant Amount
Varies by year
Location
Deadline
Varies by year
About this Scholarship
The Alvin J. Preis Scholarship is a need-based financial award established to support undergraduate students at the University of Pennsylvania who demonstrate significant financial need and academic promise. Named in honor of Alvin J. Preis, a distinguished alumnus and benefactor of the university, the scholarship seeks to alleviate financial barriers for students pursuing studies primarily in business, economics, finance, and related disciplines. The scholarship reflects the university’s commitment to fostering diversity and inclusion by providing equitable access to higher education opportunities. Recipients of the Alvin J. Preis Scholarship are selected based on a comprehensive review of their financial circumstances, academic records, and potential contributions to the university community. The award amount varies annually and is designed to complement other forms of financial aid, including grants, loans, and work-study programs. This scholarship is part of the broader financial aid offerings at the University of Pennsylvania, which aims to ensure that admitted students can attend regardless of their financial background. Applicants are encouraged to submit all required financial documentation by the specified deadlines to be considered for this scholarship. The Alvin J. Preis Scholarship is one of several targeted awards that support students committed to academic excellence and leadership in their chosen fields.
Eligibility & Overview
Financial Grant
Varies by year
Scholarship Type
Need based
What's Covered
Description
The Alvin J. Preis Scholarship is a financial aid award offered by the University of Pennsylvania to undergraduate students who demonstrate substantial financial need. This scholarship is named after Alvin J. Preis, an alumnus whose contributions have supported the university’s mission to provide access to high-quality education regardless of financial background. The scholarship primarily targets students enrolled in disciplines such as business, economics, finance, and public policy, reflecting the academic interests and professional legacy of its namesake. Selection criteria focus on financial need as assessed through the university’s financial aid application process, academic achievement, and the potential for leadership and community engagement. The award amount varies each year depending on the availability of funds and the individual financial circumstances of recipients. Typically, the scholarship is combined with other forms of aid to create a comprehensive financial aid package that covers tuition, housing, books, and other necessary expenses. Recipients are expected to maintain satisfactory academic progress and comply with the university’s financial aid policies throughout their studies. The Alvin J. Preis Scholarship contributes to the university’s broader efforts to promote diversity and inclusion by supporting students from underrepresented and economically disadvantaged backgrounds. Interested applicants should consult the University of Pennsylvania’s financial aid office and official website for the most current information regarding application procedures, deadlines, and eligibility requirements. Since the scholarship amount and availability may change annually, prospective students are advised to verify details directly with the university.
Key Benefits
Provides financial support to cover tuition and related educational expenses
Reduces the financial burden for students from economically disadvantaged backgrounds
Supports academic pursuits in business, economics, finance, and public policy
Encourages diversity and inclusion within the university community
Offers recipients access to additional university resources and support services
Financing Information
Funding and Financial Aid Structure of the Alvin J. Preis Scholarship
The Alvin J. Preis Scholarship is funded through endowments and donations managed by the University of Pennsylvania’s financial aid office. The exact amount awarded to each student varies annually based on the total funds available and the financial need demonstrated by applicants. The scholarship is designed to supplement other forms of financial aid, including federal and state grants, loans, and work-study programs. Students applying for this scholarship must complete the university’s financial aid application process, which typically involves submitting the Free Application for Federal Student Aid (FAFSA) and the CSS Profile or other institutional forms. The financial aid office reviews these documents to determine eligibility and award amounts. Funds from the Alvin J. Preis Scholarship are applied directly to the student’s tuition account and may also cover room, board, books, and other educational expenses as necessary. Recipients are required to maintain satisfactory academic progress to continue receiving the scholarship in subsequent years. The university periodically reviews the scholarship’s funding levels and award criteria to align with institutional priorities and available resources. Students are encouraged to explore additional financial aid options offered by the university and external organizations to complement this scholarship. Since the scholarship is need-based, the amount awarded can fluctuate significantly depending on the applicant pool and institutional funding each year.
Apply for Alvin J. Preis Scholarship
Don't miss the deadline! Our experts can help you with the application process and documentation.
* Disclaimer: The information provided about the Alvin J. Preis Scholarship is subject to change. Prospective applicants should verify all details, including eligibility criteria, deadlines, and award amounts, directly with the University of Pennsylvania’s financial aid office or official website before applying.