The penalty for the late filing of an AF 1562 (Application for Appointment as Reserve of the Air Force or USAF without Component) can vary depending on the specific circumstances and the policies of the Air Force Reserve or USAF. In general, late filings may result in a loss of priority for certain opportunities or could potentially affect one's eligibility for specific benefits. It is recommended to contact the appropriate Air Force Reserve or USAF authority for the most accurate and up-to-date information regarding penalties for late filing of AF 1562.