Loans & Billing

Perelman Center for Advanced Medicine
State-of-the-art, 500,000 square foot outpatient facility to the Hospital of the University of Pennsylvania.
Penn Bookstore
At the heart of University Square, you’ll find the 55,000 square foot superstore. Penn Bookstore is your one stop shopping center.
Blanche P. Levy Park
Located in the heart of Penn's undergraduate campus, the "Love Statue" is part of the iconic LOVE: series by pop artist Robert Indiana.
Peek inside Perelman Center for Advanced Medicine
Home to Abramson Cancer Center, radiation oncology, cardiovascular medicine and an outpatient surgical pavilion with patient-focused care and collaboration among health professionals.
Penn Park
The new urban park on Penn's campus features a fabric of tightly interwoven recreation and athletic components.
Hospital of the University of Pennsylvania
World-renowned for its clinical and research excellence attracting the highest quality medical specialists from around the world.
Learning Team
Groups of students, established early in the first year of medical school, who work collectively to achieve common educational objectives.
Benjamin Franklin
In 1751, Franklin founded Pennsylvania Hospital, the nation's first hospital, to care for the "sick-poor and insane of Philadelphia." In 1751, Franklin founded Pennsylvania Hospital, the nation's first hospital, to care for the "sick-poor and…
Teamwork in Action
Integrated, interdisciplinary learning team of physicians, residents, nurses and medical students working collaboratively and as a unit to provide effective strategy for enhancing patient safety.
Locust Walk
Main thoroughfare of activity providing an idyllic and tranquil setting in the middle of Penn's urban campus.

The tuition and fees for 25-26: $77,491. The M1 curriculum is 10-months so please make sure to budget for the summer months too.

Direct Loan

File FAFSA: Penn's school code is 003378.
You should be able to access Path@Penn to approve your loans (soon... I'm hoping for the week of June 16). It's under My Financial Aid - Award Offer. You can accept, cancel, and/or lower your Direct loan for the academic year.
- Sign up for direct deposit (select student billing account then direct deposit for refunds) so that any refunds and disbursements can go directly into your bank account once your balance due is paid.
  - Local address MUST be entered in Path@Penn
Penn.Pay – Penn’s electronic billing system – view your university bill here. The first e-bill is scheduled for July 8, 2025.
- Fall 2025 bill - $38,773 (without health insurance)
Interest rate- 7.94%

Grad PLUS Loan

Remember that you are not eligible to borrow any funds in excess of the M1 cost of attendance: $112,198.
Disbursements from both the Direct and Grad PLUS Loans will be credited to your student account in 2 equal installments at the beginning of each semester (August and January).
Interest rate- 8.94%

Make sure to review any unsatisfied requirements like: loan entrance counseling on signing the Master Promissory Note for Direct and Grad PLUS (if needed). You can complete on www.studentaid.gov

Penn Payment Plan

Enrollment will open for the Fall 2025 Penn Payment Plan within Penn.Pay

The 5-month open enrollment for Fall 2025 will begin on May 15th, 2025 and close on July 14th, 2025
The 4-month open enrollment for Fall 2025 will begin on May 15th, 2024 and close on August 14th, 2025
We are unable to accept payment plan enrollments after these deadlines

SRFS encourages students to sign up early with an estimated budget of what they will owe so they do not miss the deadline for their preferred plan. As long as the student registers for a plan by the posted deadlines, they are able to adjust their budget during the semester if charges are added or removed on the student's account.

The financial aid office (JMEC 6) is here for you and eager to help! Please contact our office if you have any questions.

Mike Sabara - 215-573-3423 or msabara@pennmedicine.upenn.edu

Updated: 5/30/2025