Student Aid Loan
In limited situations, Penn can provide students with a Student Aid Loan, which consists of institutional funds that are paid back directly to the University after graduation. These loans are limited based on available funding and student financial need.
To be eligible, students must complete a standard financial aid application. This loan comes with a 6% interest rate, and repayment beings nine months after the borrower graduates or otherwise leaves Penn.
SFS will communicate directly with eligible students on the procedures for finalizing a Student Aid Loan.