PA Forward Student Loans

A Loan with Pennsylvania Students in Mind

Through the PA Forward Student Loan Program, Pennsylvania Higher Education Assistance Agency (PHEAA)* offers private student loan options to enable Pennsylvania students to pursue their higher education dreams.

The PA Forward Student Loan Program has the following benefits:

  • No application or origination fees
  • Low fixed interest rates
  • Multiple repayment options
  • Potential interest rate rewards
  • No prepayment penalty

For undergrad, grad, and parent loans, you can even borrow up to 100% of the certified cost of attendance (tuition, fees, room, board, books, etc.).

Eligibility for Undergrad, Grad, or Parent Loans

The PA Forward Student Loan Program is designed specifically for students or parents/guardians of students who are enrolled or who plan to be enrolled at least half-time in a degree, certificate, or diploma granting program. These loans are meant for:

  • PA residents attending an approved school in or out of PA
  • Students from an approved state (NJ, DE, NY, VA, MD, and OH) attending an approved PA school
  • U.S. citizens or eligible non-citizens of the U.S.
  • Borrowers and/or co-signers who meet the minimum credit requirements

Eligibility for Refinance Loans

The PA Forward Refinance Loan is a loan designed specifically for those who are in repayment and want assistance with managing their student debt. This loan is meant for:

  • Any PA resident or resident of an approved state (MD, NJ, DE, NY, VA, and OH) who is the borrowers for the student loans
  • Borrowers who are currently in repayment
  • U.S. citizens or eligible non-citizens of the U.S.
  • Borrowers and/or co-signers who meet the minimum credit requirements

Co-signer

The PA Forward Student Loan Program does not require you to have a co-signer unless you have not met the age of majority based on the law of your state of residence or you do not meet the minimum credit requirement. However, you may benefit from a creditworthy co-signer. Having a co-signer may increase your chances that the loan will be approved and, perhaps, may get you a better interest rate.

Loan Types

Currently there are four loan types in the PA Forward Student Loan Program.

Undergraduate Loan

A loan designed specifically for students seeking an                             undergraduate degree,           certificate, or diploma.

Learn More/Apply

Graduate Loan

A loan designed specifically for students seeking an advanced degree such as masters, doctoral, law, health profession, or others.

Learn More/Apply

Parent Loan

A loan designed specifically for parents or guardians of       dependent undergraduate       students.

Learn More/Apply

Refinance Loan

A loan designed specifically for borrowers in repayment to manage their student debt. Get payment estimates too!

Apply        Learn More


Plan Ahead & Be a Smart Borrower

The world of student aid can sometimes be difficult to navigate; however, it doesn’t have to be. We have gathered information that will make it easier for you to understand.

EducationPlanner.org

This career and college planning website provides practical and easy-to-understand        advice to help prepare students for the       important decisions they will face in
the future.

Visit EducationPlanner.org

MySmartBorrowing.org

Using this interactive tool you can create
up to 4 different scenarios to see how
your career and college choices may affect
how much you pay for college and if you
are at risk for overborrowing.

Visit MySmartBorrowing.org

YouCanDealWithIt.com

This website provides practical and
easy-to-understand advice on how
to deal with common financial situations
facing today’s college students and recent graduates.

Visit YouCanDealWithIt.com

Note: If you visit one of the above sites, please remember to come back to this site if you decide to apply for a PA Forward Student Loan.

*For college expenses not covered by scholarships and federal loans, PeoplesBank has partnered with PHEAA to bring you loans with great repayment options and competitive rates.

Contact Us

Questions? Contact Us

**Email is not a secure form of communication and personal information should not be communicated in this way.

Open an Account