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

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 borrower 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


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.

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.

Visit EducationPlanner

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 over borrowing.

Visit MySmartBorrowing

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

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.

Questions About Refinancing?

Refinancing allows you to combine one or more existing student loans into a single, new loan with one monthly payment.

Learn More

Get the Latest News

Sign up to get news & updates from PeoplesBank!

We're sorry, you are not located within our service area.

Click here to view a full list of the zip codes that we currently serve.

If you need account assistance, please Contact Us here.