Wharton School Checklist-EMBA

2026-27 Application Checklist

Summer 2026
Deadline

The deadline to submit your 2025-2026 FAFSA  for Summer 2026 federal loans is May 1, 2026. The recommended deadline to submit your 2026-27 FAFSA  for the 2026-27 academic year is May 1, 2026. We will accept FAFSAs after this date, however there may be a delay in your financial aid award. Note: The Final day to file a 2025-26 FAFSA is June 15, 2026. The FAFSA is no longer available to complete after this date. 

1
FAFSA

File the 2025-26 FAFSA no later than May 1, 2026. Contributors must provide consent for financial aid eligibility. 

Penn's Federal School Code is 003378

 

Note: The Final day to file a 2025-26 FAFSA is June 15, 2026. The FAFSA is no longer available to complete after this date. 

2
Summer 2025 Federal Loan Notification

You will be notified of any Summer 2026 federal loan eligibility in early May via your Penn E-mail address. To view and accept Summer 2026 federal loan please view our instructions here

 

3
Complete Disbursement Requirements
Federal LoanDisbursement Requirements
Direct Unsubsidized Loan
Direct Graduate PLUS Loan

Additional requirements may be required. Please visit Path @ Penn, My Financial Aid, for any additional requirements. 

Fall 2026-Spring 2027
Deadlines

The recommended deadline to submit your 2026-27 FAFSA  for the 2026-27 academic year is May 1, 2026. We will accept FAFSAs after this date, however there may be a delay in your financial aid award.

1
FAFSA

Submit your 2026-27 FAFSA. Contributors must provide consent for financial aid eligibility. 

Penn's Federal School Code is 003378

2
Notification of Federal Loan Eligibility

Federal Loan Eligibility  for 2026-27 will be available in Mid-June 2026. You will be notified of any  2026-27 federal loan eligibility in mid-May via your Penn E-mail Address. After notification, you may then log into Path @ Penn to take action. 

Alternative Student Loans 

Summer 2026

Students may begin to apply for Summer 2026 Alternative loans as early as March 15, 2026. The University Loan office will begin to certify Summer 2026 loans in mid-April 2026 in order of receipt. Loan requests for Summer must be separate from Fall-Spring requests. Failure to comply with this loan schedule may affect loan eligibility. For students who submit a FAFSA but choose to borrow alternative loans, you must decline your federal loans in Path @ Penn, when notified of award, before an alternative loan will be certified. 

Fall 2026-Spring 2027

Students may begin to apply for alternative student loans as early as April 15, 2026, for the 2026-27 academic year. The University Loan Office will begin to certify loans in late June 2026 in order of receipt. Applying for loans before the April 15th may result in your loan being denied by the lender.  To weigh your alternative loan options please visit Elm Select.  For students who submit a FAFSA but choose to borrow alternative loans, you must decline your federal loans in Path @ Penn, when notified of award, before an alternative loan will be certified.