New Loan Program for Wharton MBA Students
Under a new arrangement with Pittsburgh-based PNC Bank, a new Wharton Loan Program now guarantees loan approval for all domestic and international students--allowing all admitted MBA students to borrow up to the cost of attendance, less any other financial aid they receive. (Current tuition and fees are $26,290 annually.) Eligible students must borrow the maximum Stafford Loan before applying for the Wharton Loan.
Robert Alig, director of MBA Admissions and Financial Aid, called the program a dramatic step forward in creating a truly international MBA program. "For the first time in the School's history, every student of every nationality will have equal access in the financing of a Wharton MBA." Some features of the new program:
Almanac, Vol. 45, No. 30, April 27, 1999