<h2>From the website</h2>
<p>Students' records must be free of all failure, conditional and incomplete grades. In addition, records from summer school, study-abroad programs or special college programs must be submitted in official transcript form. These records will be considered along with other credentials. If you have taken courses on a PASS/FAIL or CREDIT/NO CREDIT basis, please have grades, or written evaluations of your performance, sent by the professors of these courses. If you attend a school that records only PASS/FAIL on your transcript for your first semester or first year courses, please request that your grades be released on the transcript sent to our office. Due to the competitive nature of Penn's admissions process, it is imperative that we receive these grades or written evaluations. Students who have been denied admission to Penn are strongly advised not to reapply after only one semester.</p>
<p>The University does not admit freshmen at mid-year. Students who leave college at the end of the first term may apply to the freshman class entering in the subsequent September. The freshman application deadline is January 1. Students who are completing their senior year of high school concurrently with their first year of college should apply as freshmen.</p>
<p>Applicants are required to submit the results of the College Board SAT I test. Results of the American College Testing Program (ACT) are also acceptable. The SAT II: Subject Tests are not required. Candidates whose native language is not English should also submit results of the Test of English as a Foreign Language (TOEFL).</p>
<p>Penn maintains a two-year resident requirement. One-half of the total number of courses required for the degree must be completed here, regardless of the number of transferable credits completed elsewhere. </p>
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<p>The Wharton School</p>
<pre><code>Requirements: All applicants are required to have completed two semesters of integral calculus, or its equivalent, as well as one semester of microeconomics and one semester of macroeconomics by the end of the term in which they are enrolled at the time of the transfer appication, for entrance into the sophomore year. It is also strongly recommended that all applicants gain proficiency in a foreign language by the time they enroll at Penn. Proficiency is usually equal to four semesters of college-level language courses and must be demonstrated by passing a proficiency exam at Penn before graduation. Applicants should also have demonstrated leadership skills. In addition to one year of calculus and economimcs, potential juniors are expected to have already completed two semesters of accounting (financial and managerial) and two semesters of statistics. For the Calculus requirement, students must have 1st and 2nd semester Calculus course credit. Credit for second semester calculus is not acceptable without a score of "5" on the BC Calculus AP exam. Please check the following link for recent changes in calculus course content requirements: http://www.math.upenn.edu/ugrad/Undergrad.html.
Also, please be aware that math courses below the level of calculus, and statistics courses without a calculus prerequisite, will not transfer to Penn.
Students are encouraged to transfer after their freshman year because we have very few spaces available for entering juniors. Transfer students who wish to matriculate into the Wharton School must do so through initial admission to the University; externally admitted transfer students are not permitted to transfer again within the University. Transfer students enrolled in the other three undergraduate schools may still take Wharton courses under the one university concept, but will not be able to transfer internally once they are at Penn. Applicants already holding undergraduate degrees will not be considered for transfer admission to Wharton.
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