Benefits for Military and Veteran Students

We support our military students in several different ways:

Application Fee Waiver and Financial Aid

As a small token of our appreciation, we waive the application fee for all U.S. Military applicants. To request a waiver, contact the Admissions team of the program to which you’re applying before submitting your application.

Also, if you qualify for all military financial aid programs, it is possible to substantially reduce your total out-of-pocket expenses for the program. We’ve included some resources for additional information about financial aid below.


Both active duty service members and veterans are eligible for the Post-9/11 GI BILL®. The 2020-2021 GI BILL® annual payment for someone who is 100% eligible is $25,162. This amount generally increases by a small percentage every year so check the U.S. Department of Veterans Affairs website for the most up-to-date information.


In addition to the Post-9/11 GI BILL®, veterans who are eligible for 100% of the GI BILL® and no longer on active duty at the start of the summer term can qualify for the Yellow Ribbon Program. Wharton has an unlimited number of Yellow Ribbon spots for the full-time and executive MBA Program. The Yellow Ribbon Program awards $20,000 per fall and spring semesters, for a total of $80,000 over the two year program. Applying for the Yellow Ribbon Program is not difficult — once accepted, students simply submit their certificate of eligibility to the Registrar’s Office.


Benefits include $2,142/month for Philadelphia students and $4,368/month for San Francisco students. There is also a $1,000/year book stipend. To calculate your estimated benefits, enter your own personal information using the GI Bill Comparison Tool on the VA website. 


Military students may qualify for additional scholarships, including the FRA Education FoundationLunaCap Foundation, and AT&T Veterans. Wharton’s EMBA program also awards a few merit-based scholarships each year. These scholarships are based on the individual applicant and the applicant pool. Consideration is automatic, and awards are granted as part of the admissions offer.


We recognize that our military applicants are faced with unique circumstances and we welcome the opportunity to assist you in any way possible. We have a very tight network of military students, and we would be happy to connect you up with any of them so that they can share their personal perspectives and experiences. You also can read more stories about veterans in the EMBA program on our site.


The Wharton Veterans Club is committed to assisting transitioning service members and veterans who are interested in pursuing an MBA. There are more than 80 veterans and active military members in the club, and they take great pride in their military service and are extremely proud to be a part of the Wharton community.

They host Wharton MBA military visit days throughout the year, provide support and mentorship through the application process, and connect applicants with military alumni.

“GI Bill®” is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at