Awarded Loans
Penn awards some loans
based on financial need. These
awarded loans are only made by Penn as part of a student's
financial aid package. The loans are repayable by the
student after completion of his/her education or withdrawal
from school and are subsidized, meaning that no interest
accrues of needs to be repaid during your in-school
or grace periods. Examples of these loans include Perkins,
Health Professions, Nursing Student, and Institutional
Loans. For more information on awarded loans,
click here.
Convenience Loans
Convenience
Loans are
generally available to students, or to parents of
dependent students, regardless of whether they are
included in an aid package. These loans are available
through both federal and private programs. We strongly
encourage you to explore federal programs, such as
Stafford and PLUS, as your first resource. For
information on these loans, along with lender lists,
click here. |