As an MBA is a long-term investment, most students rely on loans to cover some or all of their education or living costs. At Wharton, approximately 87 percent of students borrow from one or several loan programs, and students have the right to select the educational loan provider of their choice.
Wharton does not endorse any specific lender nor receive compensation from any lender, and we encourage students to compare the fees and terms of all student loan products to determine which ones are best suited to their individual needs. Information on loan programs available can be found at www.sfs.upenn.edu/loans.
U.S. Citizen/Permanent Resident Students
Listed below are the current loan offerings for U.S. citizens and U.S. permanent residents. These financing options are subject to change.
Federal Stafford Loan/GradFederal Stafford Loans are available from many lenders. The goal is to offer competitive fees, favorable repayment benefits, ease of application and electronic disbursement of funds directly to your student account.
Alternative Loans
Alternative loans are available either through the Federal Graduate PLUS Loan program (Grad PLUS) or private educational lenders. These programs have different terms and conditions associated with them. Lenders may offer borrower benefits to potentially reduce the overall cost of the loan to you.
International Students
If you are an international student who is neither a dual U.S. citizen nor a U.S. permanent resident, we encourage you to investigate all sources of funding within your home country, including government and private scholarships and loans.