Explore Options; Plan Your MBA Academic Program

ing criterion . If the total tuition you have paid in the summer
plus the fall of your second year is less than full tuition for
the second year, then the surcharge is the difference as per rule
(b) above . Conversely, if by taking summer courses you need to
carry only a partial load in your second year, then the tuition
in your last semester is appropriately reduced so that (as long
as your total credit load in the MBA program does not exceed
21 cu), your total tuition equals the normal four semesters’
tuition . Please see the following paragraphs for surcharge and
rebate policies for dual-degree programs .
Dual-Degree Students (except Lauder, the Law School,
JD/MBA, and the School of Design)
Students in approved dual degree programs are required to be
in residence at Wharton for three semesters, minus the above
noted exceptions . Wharton is the primary school of residence
during these three semesters and the alternate program is the
secondary school of residence . Tuition is paid to the primary
school of residence .
During the three semesters of primary residence with
Wharton, students are limited to 16 .5 credit units, regardless
of whether those credits are from courses at Wharton or another
School at Penn . Tuition paid for courses completed during
the summer sessions will be deducted from the tuition in the
last semester of residence at Wharton if the cumulative credits
during the three semesters of primary residence do not exceed
the 16 .5 credit unit maximum . Credit units earned beyond the
16 .5 limit will be charged at the rate of $7,322 per credit for
the academic year 2012-2013 .
mBA/mA lauder Students
For the Wharton component of their tuition, Lauder MBA/
MA students are governed by tuition policies that apply to
regular MBA students . Because four credit units from the
Lauder students’ MA degree are counted toward the MBA,
Lauder students may only take 17 Wharton credit units (therefore
meeting the 21 credit limit) above which tuition surcharges
apply at the per credit unit rate .
The law School/The School of Design
For the Wharton component of their tuition, JD/MBA students
and all MBA/School of Design dual degree students
(MBA/March, MBA/MLA, MBA/MCP, MBA/MLA and
MBA/MHP) will spend two semesters at Wharton and will
pay tuition at the Wharton rate . For the remainder of their
dual degree program, they will reside at the Law School or the
Design School, paying tuition to the Law or Design Schools .
MBA/JD and MBA/Design students are limited to a total
of 11 credit units during their two semesters in residence at
Wharton . Any course work done after the second semester is
billed at the rate appropriate to the Law or Design School . If
one chooses to enroll in courses during the summer following
the two semesters at Wharton, these courses cannot be counted
toward the Law or Design portion of their dual degree program
. They will instead count toward the MBA portion, and if
fINANcIAl INfORmATION
they exceed the 11 credit maximum for the first year, they will
be surcharged accordingly .
PAyINg yOUR BIll
The Office of Student Financial Services (SFS) will send the
first fall semester bill in early July . The bill is sent to the permanent
address that you gave the Registrar on your Student Data
Form, and it is also available online at . All subsequent bills are electronic and sent directly
to your Wharton email account .
The fall semester bill is due at the end of July . It is your
responsibility to contact SFS at 215 .898 .1988 or go to their
website if a bill is not received . If your bill is correct, pay online
using Penn .Pay, or mail your check or money order in the envelope
provided by the date indicated on the bill . Credit card
payments are permitted only when paying your bill online with
American Express . Late payment will result in interest charges .
Payment may also be made in person at the Cashier’s Office,
a division of the Office of Student Financial Services located
at 100 Franklin Building . Finally, students may make tuition
payments by way of wire transfer, a method which may be
especially convenient to students from outside the U .S . Details
are available on the Penn .Pay website, or through the SFS
Information Center at 215 .898 .1988 .
Remember to keep the top portion of your tuition bill as a
receipt after it has been sent back to you . This is known as your
matric card . If credit for an expected scholarship or loan has
not been applied to your bill, contact the Wharton Financial
Aid Office at 215 .898 .8728 .
If the tuition charge on your bill is incorrect, contact
the MBA Program Office, 300 Jon M . Huntsman Hall,
215 .898 .7604 . If you have questions about dining services,
residence charges, or health insurance, call the appropriate
office . The telephone numbers are listed on the back of your
student bill .
fEllOwShIPS
Wharton offers merit-based fellowships to qualified students .
All admitted students are considered for these funds . If you
are selected, you will receive a fellowship letter and an Award
Notification Letter . Selections for Wharton fellowships are
made by a Fellowship Committee .
fINANcINg yOUR EDUcATION
Financing your education can be done through several sources .
These sources consist of family assets, sponsorships, scholarships
and/or federal and institutional loans . The majority of
graduate students finance their education through loan programs
. U .S . citizens and permanent residents are eligible to apply
for federal loans, such as the Direct Loan, formerly Stafford
Loan . If you need to borrow more than the federal student
loans, you can borrow through one of the alternative loan
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