Private Student Loans

Loans are subject to credit approval. Certain restrictions and conditions apply. You are encouraged to explore all scholarship, grant and federal borrowing options before applying for a private loan.

Automated Payment Discount: During repayment, an interest rate discount of 0.50% is available for automated payments. Borrower must be making scheduled payments that include both principal and interest. Interest-only payments do not qualify. Advertised rates include the 0.50% automated payment interest rate discount. The rate discount will be applied at the time automated payment is established. If automated payment is discontinued at any time, the discount will be removed and the rate will increase by 0.50%.

Cosigner Release: Requires that the borrower has made at least forty-eight (48) consecutive timely payments of principal and interest with no periods of interruption within that 48-month timeframe. To qualify, the borrower must submit a request, meet the consecutive, timely payment requirements, provide proof of income and pass a credit check.

Application: When applying, you will be transferred to the website of our service provider. A list of information required to complete your application will be provided during the application process. Solution Loan Limits: Annual maximum: $50,000. Maximum aggregate educational debt (including federal and private student loans): $225,000. Education Refinance Loan maximum: up to $200,000 based on level of degree attained.

For important information, view  the Application and Solicitation Disclosure: Solution Loans, Education Refinance Loan

Scholarship: Restrictions and conditions apply. For detailed information, view scholarship disclosure and the official sweepstakes rules.

Refinancing: Refinancing at a longer repayment term may lower the borrower’s monthly student loan payments, but may also increase the total interest paid over the life of the loan. Refinancing at a shorter repayment term may increase the borrower’s monthly student loan payments, but may lower the total interest paid over the life of the loan.

Certain Federal Benefits Will Be Lost or Not Available: If you refinance your federal loans through this PNC Education Refinance Loan, you will lose or not be able to select other payment plans available to federal student loan borrowers, such as income-contingent repayment or income-based repayment. In addition, federal student loans offer deferment, forbearance and loan forgiveness options that may not be available under a PNC Education Refinance Loan. Please compare your current benefits with this program to ensure any loss of existing benefits is fully understood.