Penn acceptance rate
Philadelphia, PA · Last updated 2026-05-21
At a glance
Penn's acceptance rate is 5.4% for the Class of 2029 — the most recent officially reported figure.
Penn went stealth on the number for years, then came back to public reporting just as the rate hit fresh lows.
What is Penn's acceptance rate?
The University of Pennsylvania's most recently reported acceptance rate is 5.4% for the Class of 2029. Penn stopped publishing a detailed press release with sub-pool breakdowns in 2024, so the figure is now reported in a single statement.
Five-year history
| Class | Acceptance rate |
|---|---|
| 2025 | 5.66% |
| 2026 | 5.44% |
| 2027 | 6.60% |
| 2028 | 5.70% |
| 2029 | 5.40% |
What's driving the trend
Penn's number stabilized in the mid-5% range after the application surge of 2021–22. Reduced transparency on admissions reporting since 2024 — a pattern across several Ivies — makes the next number harder to forecast, which is precisely what creates an interesting prediction market.
Prediction markets on Penn
Watchlist: a market on whether Penn's Class of 2031 admit rate is reported with full sub-pool breakdowns at all, and a separate market on whether the headline rate drops below 5%.
Related
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