Joel and Davie Epstein Scholarship
University of Pennsylvania
Key Statistics
Grant Amount
Varies by year
Location
Deadline
Varies by year
About this Scholarship
The Joel and Davie Epstein Scholarship is a need-based financial aid award established to support undergraduate students at the University of Pennsylvania. This scholarship is designed to assist students who demonstrate significant financial need, enabling them to pursue their academic goals without the burden of excessive financial constraints. Named in honor of Joel and Davie Epstein, the scholarship reflects their commitment to education and community support. The award is typically applied as part of the University of Pennsylvania's broader financial aid package, which combines grants, scholarships, and work-study opportunities to create an affordable education for admitted students. The Epstein Scholarship is available to students across all disciplines, reflecting the university’s dedication to supporting a diverse range of academic interests. While the exact amount and number of awards vary annually, the scholarship contributes to reducing the overall cost of attendance, including tuition, fees, and other educational expenses. Applicants are generally required to demonstrate financial need through the university’s standard financial aid application process. The scholarship is part of the University of Pennsylvania’s commitment to need-blind admissions and meeting full demonstrated financial need for all admitted undergraduate students. Students interested in this scholarship should consult the university’s financial aid office for specific eligibility criteria, application procedures, and deadlines, as these details may change from year to year.
Eligibility & Overview
Financial Grant
Varies by year
Scholarship Type
Need based
What's Covered
Description
The Joel and Davie Epstein Scholarship is a financial aid award offered by the University of Pennsylvania to assist undergraduate students who demonstrate significant financial need. This scholarship is part of the university’s comprehensive financial aid program, which aims to make education accessible regardless of a student’s economic background. Established through the generosity of Joel and Davie Epstein, the scholarship honors their legacy by providing support to students who might otherwise face financial barriers to attending an Ivy League institution. The scholarship amount varies each year depending on available funds and the individual financial circumstances of recipients. It is typically awarded as a grant, which does not require repayment, and is integrated into the overall financial aid package that may include other grants, scholarships, loans, and work-study opportunities. The Epstein Scholarship is available to students enrolled in any undergraduate discipline, reflecting the university’s commitment to supporting a broad spectrum of academic pursuits. To be considered, students must complete the University of Pennsylvania’s financial aid application process, which includes submitting the Free Application for Federal Student Aid (FAFSA) and the CSS Profile, among other documents. The scholarship helps cover tuition, fees, and in some cases, room and board or other educational expenses, thereby reducing the financial burden on students and their families. The University of Pennsylvania maintains a need-blind admissions policy for domestic applicants and pledges to meet 100% of demonstrated financial need, with the Epstein Scholarship playing a role in fulfilling this commitment. Due to the variability in funding and the number of awards, prospective applicants are encouraged to contact the university’s financial aid office for the most current information. This scholarship is one component of the university’s broader efforts to promote diversity, equity, and inclusion by ensuring that financial constraints do not hinder access to a Penn education.
Key Benefits
Provides financial assistance to undergraduate students with demonstrated financial need.
Helps reduce the overall cost of attendance, including tuition and fees.
Supports students across all academic disciplines.
Does not require repayment, as it is awarded as a grant.
Contributes to the university’s commitment to meeting full demonstrated financial need.
Financing Information
Funding and Financial Aid Integration
The Joel and Davie Epstein Scholarship is funded through an endowment established by the donors and managed by the University of Pennsylvania’s financial aid office. The amount available for distribution each year depends on the endowment’s performance and the university’s allocation policies. This scholarship is awarded as part of a comprehensive financial aid package that may include federal and state grants, institutional scholarships, loans, and work-study opportunities. Students must complete the university’s financial aid application process, including submission of the FAFSA and CSS Profile, to be considered for the Epstein Scholarship and other aid. The scholarship amount varies based on the student’s demonstrated financial need, family financial circumstances, and other aid received. It is important to note that the Epstein Scholarship is a need-based award and is not merit-based; therefore, academic performance alone does not guarantee eligibility. The scholarship funds are applied directly to the student’s university account to offset tuition, fees, and sometimes room and board costs. Recipients are typically required to maintain satisfactory academic progress to continue receiving aid. Because the scholarship is part of a larger financial aid framework, the total aid package may adjust annually based on changes in the student’s financial situation or university policies. Prospective and current students should consult the University of Pennsylvania’s financial aid office for detailed guidance on application procedures, eligibility criteria, and award amounts.
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* Disclaimer: Information provided here 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 scholarship sources.