Financial Aid

The University of Pennsylvania is committed to helping students meet the costs of receiving an education at the University of Pennsylvania. The PennCLO Program does not offer fellowships at this time but instead encourages students to pay for the program through a combination of federal student loan programs, private scholarship programs, employer support, and personal finances.  


Federal Loan Programs

 Direct Loans are federal student loans available to graduate/professional school students who are U.S. citizens or permanent residents. You apply for them directly through the U.S. Department of Education by filing a FAFSA. You must also sign a Master Promissory Note and complete Entrance Counseling before the loan is disbursed to your student account at Penn. A student may borrow up to $20,500 total, subsidized (maximum of $8,500) and unsubsidized per academic year.

For additional information such as interest rates, fees and the maximum amount you can borrow, please Direct Loan for Graduate/Professional Students

Perkins Loans (formerly National Direct Student Loans) are offered to financially eligible students through the University. This loan is guaranteed by the Federal Government, which pays interest while the student is enrolled, during the grace period following enrollment, and during any authorized deferment. Students must be enrolled at least half-time. Need is determined by information supplied on the FAFSA application. A maximum amount of $6,000 may be borrowed each year.


Additional Loan Programs

For more information about finanial aid at the University of Pennsylvania and to download the financial aid form, please visit the Graduate School of Education's financial aid website at


Request More Information on Financial Aid

Please contact:

PennCLO Program Office
Telephone: +1.215.573.0591