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:

  • Zero fees
  • Low fixed interest rates
  • Multiple repayment plans
  • Potential interest rate rewards
  • Low minimum loan amount: $1500
  • No prepayment penalty

You can even borrow up to 100% of the certified cost of attendance (tuition, fees, room, board, books, etc.).


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 and permanent residents


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 three 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

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.

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.


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.


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.


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.

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