Private Health Residency Loan

An education loan for Health Professions Residency.[1]

0.50% rate discount with auto pay[2]

Rate Ranges for PNC Solution for Health Professions Residency[3]

  5 Year[3]
10 Year[3]
15 Year[3]
Fixed APRs
4.15 - 9.40% 8.39 - 13.64% 8.74 - 13.99%
Variable APRs
5.65 - 10.90% 9.89 - 15.14% 10.24 - 15.49%
Monthly Principal & Interest
Payment on a $10,000 loan
$185.16 - $217.90 $123.82 - $163.20 $100.24 -  $144.24

Rates include a 0.50% discount for automated payments and are for the immediate repayment option.[2][4]
Lowest rates for well-qualified applicants. View Loan Application and Solicitation disclosure

Key Features & Benefits

With a PNC Solution Loan you can use the funds for any education-related expense.

Save Money

  • No application fees or origination fees.
  • Get 0.50% off your rate with automated payments from your checking or savings account.[2]

Flexible Repayment

  • 5, 10, and 15 year repayment terms available.[3]
  • Immediate repayment, interest-only payments while in school and full deferment of principal and interest options available.[4]
  • For deferred payments, repayment begins six months after you graduate or cease to be enrolled in school at least on a half-time basis.[4]

Product Details

  • Loan amounts $1,000 - $15,000.[5]
  • Cosigner Release: Borrower can apply for a cosigner release after 48 consecutive on-time monthly payments.[6]
  • Funds are sent directly to the borrower.

How can a Cosigner help you?

Over 90% of our student borrowers have a cosigner.[7]

A cosigner may help you:

  • Obtain a lower rate
  • Lower monthly payments
  • Increase your chance of approval

Explore more benefits of using a cosigner

Option to release the cosigner in the future[6]

Ways to Apply

Apply now to receive a preliminary decision within minutes.[1]

Apply Online

Apply by Phone

Apply in Branch

Payment Calculator

You're a few steps away from finding your preferred option to fund your education.

Estimate the cost of your loan payment using our customized payment tool.

Student Lending Payment Calculator

Additional Information

  • Unpaid interest is capitalized one-time at start of repayment. This interest is added to the principal amount of your loan.
  • Interest may be tax deductible; consult your tax advisor.
  • Outstanding debt will be forgiven upon the death of the borrower.
  • Borrow up to $15,000.

Applying with a creditworthy cosigner may increase chances of approval. A cosigner is typically required for undergraduate students; a creditworthy cosigner is required for 17-year old students.

You may choose from immediate repayment, interest-only payments or full deferral while enrolled. Full principal and interest payments begin 180 days after you cease to be enrolled in a medical residency or internship. Interest will continue to accrue through any deferment and is capitalized at repayment.[4]

The SCRA provides financial relief and protections to eligible servicemembers and their dependents. PNC is grateful for your service and we would like to help you understand your benefits and protections under SCRA as well as other similar benefits that PNC may be able to provide to you.

To find out more, please contact us at:

Phone: 844-PNC-SCRA (844-762-7272)

Fax: 855-568-4532

Email: Servicemembers@pnc.com

PNC Bank
Servicemembers Operations Center, BR-YB58-01-U
PO Box 5570
Cleveland, OH 44101-0570

PNC Residency Loan Limits: $15,000

Minimum Loan Amount: $1,000

Maximum Aggregate Educational Debt (including federal and private student loans): $225,000

Related Resources

Student Lending

Student Loan Center

Learn the facts, get answers and find the right private student loan for you.

Tools and Resources

Student Loans - FAQs

Get some answers to frequently asked questions and learn how PNC can help you with your borrowing options.

Refinance

PNC Education Refinance Loan

Looking for a way to simplify your college or grad school debt repayment? Our PNC Education Refinance Loan maybe just the solution for you. Simplify your college or grad school debt repayment with one lender, one monthly payment.

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