The lawsuit's plaintiffs seek monetary damages, but — more significantly — seek an injunction that would allow Ivy League schools to distribute scholarship compensation moving forward.

University City will soon welcome a renovated McDonald's and a new Target store.

The lawsuit's plaintiffs alleged that Penn “breached a contract” when it transitioned to remote learning during the COVID-19 pandemic, demanding a refund for a portion of their tuition for the spring 2020 semester. 

The Department of Education suspended federal student loan payments at the start of the COVID-19 pandemic to provide borrowers with more leeway during the difficult financial period.

The statement from Penn President Liz Magill and Board of Trustees Chair Scott Bok follows a renewed campaign by Fossil Free Penn demanding that Penn completely divest from fossil fuels.

The historic donation comes as the end of GSE Dean Pam Grossman's tenure approaches. 

The Student Federal Credit Union, the Ivy League’s only student-run credit union, is planning to host an event on Oct. 20.

UA Steering, a group consisting of representatives from 41 undergraduate organizations, will assist in allocating $1.3 million back to student groups across campus. 

The position is voluntary and will allow Fry to continue his day-to-day administrative work for Drexel,

Penn’s total endowment assets increased by $200.8 million over the 2022 fiscal year. 

The U.S. Department of Education denied the center's application for grant money, which it had consistently received every four years since its founding in 1966. 

After Penn, Yale University had the second fastest endowment growth at 209.4%, followed by Brown, Princeton, Columbia, Dartmouth, Harvard, and Cornell University. 

The boost in funding is the largest one-time increase in funding since the system was founded in 1983, and is part of a long term plan to rehaul and revitalize public higher education within the state. 

The award is part of a $1.5 million grant awarded to Penn and the Robert R. Taylor School of Architecture and Construction Science at Tuskegee University.

As of June 30, the University’s endowment assets valued $20.5 billion, an increase of $5.6 billion from the previous year.

The losses are due primarily to reduced tuition and a decline in enrollment.

Next year's cost of attendance will total $79,014. The increase is notably lower than the typical 3.9% annual tuition hike, a move Penn President Amy Gutmann said is intended to benefit families amid the COVID-19 pandemic.