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Resource Guilde Class 38_rev.indd - The Wharton School of the ...

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20Expenses, Payment Procedures andCancellation Policies2012-2014 WHARTON MBA WEST STUDENTBUDGETTuition and expenses are indicated below. Costs may varydepending on individual travel circumstances. <strong>The</strong> costsinclude tuition, fees, books, supplies, and room and boardon class weekends. <strong>The</strong>y also include <strong>the</strong> ground expenses(hotel and food) for <strong>the</strong> Philadelphia trip (during Term 2)and <strong>the</strong> international trip (during Term 5) that each classtakes. Airfare for <strong>the</strong>se trips is not included in this total.<strong>The</strong> educational budget for <strong>the</strong> program from May 2012 -April 2014 is:Tuition, Fees, Books, Supplies, Room & Board2-year budget: $175,698Per year: $ 87,849Per term: $ 29,283One-year Educational BudgetTuition: $ 39,942Fees including:Room and board, books andmaterials and o<strong>the</strong>r program costs $ 47,907Total: $ 87,849*<strong>The</strong> educational budget for Year Two will be determined inApril 2013. <strong>The</strong> two-year budget will remain <strong>the</strong> same, but<strong>the</strong> tuition and fees breakdown will be altered in Year Two.BILLING CYCLES FOR PAYMENTS ANDFINANCIAL AID:Academic Year 2012-2013 Payment Due*Term 1 = Summer Session I 2012 May 20, 2012Term 2 = Fall 2012 September 6, 2012Term 3 = Spring 2013 January 4, 2013Late Payment PenaltiesIf full payment is not received by <strong>the</strong> due date, alate payment penalty <strong>of</strong> 1.5% <strong>of</strong> <strong>the</strong> amount past duewill be assessed, and future registration and continuingenrollment will be jeopardized.Please Remember• If paying online, make payment at least three daysprior to <strong>the</strong> bill due date• If paying by mail, make payment at least 5 days priorto <strong>the</strong> bill due date.• Make your check payable to: “Trustees <strong>of</strong> <strong>the</strong>University <strong>of</strong> Pennsylvania”• Do not send cashElectronically, Using Penn.PayPenn.Pay is an electronic billing service that enablesyou to pay electronically, go to www.sfs.upenn.edu/pennpay.- Penn.Pay from your checking or savings account- Penn.Pay using <strong>the</strong> AmericanExpress CardNote <strong>the</strong>re is a 2% convenience fee with this option.Important - If you elect to pay your tuitionelectronically, please let Amy Weinstein know when <strong>the</strong>payment has been sent.In Person/By MailChecks can be given directly to Amy Weinstein.Checks should be made payable to <strong>the</strong> Trustees <strong>of</strong> <strong>the</strong>University <strong>of</strong> Pennsylvania and should indicate <strong>the</strong> name<strong>of</strong> <strong>the</strong> student.<strong>The</strong> <strong>Wharton</strong> <strong>School</strong>Attn: Amy Weinstein2 Harrison St., 6th floorSan Francisco, CA 94105Academic Year 2013-2014 Payment Due*Term 4 = Summer Session I 2013 April 26, 2013Term 5 = Fall 2013 August 30, 2013Term 6 = Spring 2014 January 10, 2014* Late fees will be assessed to your student account if payment isnot received by <strong>the</strong> payment due date and if a loan application issubmitted after <strong>the</strong> deadline.Payment Procedures<strong>The</strong> University must receive <strong>the</strong> FULL amount dueon or before <strong>the</strong> due date indicated on <strong>the</strong> bill.

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