Executive MBA Blog
RSS Educational Loans
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 on the Student Financial Services website.
U.S. Citizen/Permanent Resident Students
Listed below are the current loan offerings for U.S. citizens and U.S. permanent residents.
Federal Direct and Direct Grad PLUS Loans
Federal Direct and Direct GRAD PLUS Loans offer fixed interest rates, low fees, favorable repayment benefits, ease of application and electronic disbursement of funds directly to your student account.
Alternative Loans
Alternative loans are available through private educational lenders. These programs have different terms and conditions associated with them, and interest rates are generally variable and are tied to a student’s credit history and score.
International Students
Wharton is pleased to announce a new partnership with Quorum Federal Credit Union that will provide a non-cosigned loan product for incoming international students. This loan program does not require a U.S. cosigner, and specific information on this program will be made available after students are admitted. Some U.S. banks will also permit international students to borrow through them provided the student has a creditworthy U.S. citizen cosigner.
Please Note (OFAC Sanctions): In accordance with mandatory federal regulatory guidelines, students from the United States Treasury Department’s Office of Foreign Assets (OFAC) sanctioned countries are not eligible for the private education line of credit through Quorum Federal Credit Union. If you are an applicant from these countries, please complete a thorough search of funding opportunities to help with the cost of attendance at Wharton.
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, so that you are aware of alternative financing solutions.
