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Competition for a place in Penn’s class of 2015 is on the rise.

Penn saw a 14-percent increase in applications for the class of 2015 compared to last year, according to the Admissions Office, resulting in the highest number of applicants in University history.

The University received 30,800 total applications this year — a significant rise from nearly 27,000 for the class of 2014.

“We believe that one of the primary reasons for this significant increase is Penn’s no-loan financial aid policies, which enable students who quality for aid to graduate free of debt,” Dean of Admissions Eric Furda said.

The number of applications from residents of the southeastern United States and parts of the Midwest increased over 20 percent, according to Furda. He noted that California continues to be the top state for applicants, with a 15-percent increase in applicants this cycle.

This year, Penn will partner for the second time with The Posse Foundation, a nationwide college admittance and leadership training organization.

Eleven Posse Scholars from public schools in Miami Dade County, Fla. will matriculate at Penn this fall as a “posse”.

Penn has also selected its third class of QuestBridge National College Match Scholars to the University. Seventeen high-ability students from low socio-economic backgrounds will receive full, four-year scholarships to Penn.

Regular decision results will be released on Mar. 30.

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