Receive a preliminary decision within minutes.
Choose your interest rate option:
variable or fixed rate
No application or origination fees. Also, get 0.50% off your rate with automated payments from your checking or savings account.
You (and your co-signer, if applicable) will need to provide personal information like:
You'll also need specifics around the school you want to attend:
You'll also need employment information for you (and the co-signer, if applicable)
The PNC Solution Loan for Bar Study is a private loan offering a convenient way to pay for bar exams and prep.
Who It's For: Students enrolled at least half time at an approved ABA-accredited law school with less than six months remaining until graduation, or who have graduated from one within the last six months
Before you apply for loans, you should have:
If you are unfamiliar with terminology you encounter while reviewing information about our higher education private loans, we've created a glossary of terms to assist you.
View Glossary of Terms »
Student and co-signer, if any, must:
Student and co-signer, if any, must:
Applying with a creditworthy co-signer may increase chances of approval.
*Contact us to find out if your school is approved.
$0 while in school
$67 after graduation
The SCRA provides eligible service-members with financial relief and protections that apply to private and federal student loans. They may enable you to:
PNC will also apply benefits and protections on eligible accounts, including:
We want you to receive all the benefits which you’re eligible for as a service member. If you have orders or other documentation reflecting a service commitment (including service in an IRS designated combat zone) or state affiliation that may impact our review, please contact us.
We'll review this information and follow up with you.
Please also be aware that certain states may extend SCRA-like benefits under state law. The following states may extend SCRA-like benefits regardless of your military status when the debt was originated. If you were denied SCRA benefits based on post-service debt, and had/have an affiliation with one of these states, please notify our Servicemembers Operations Center.
Additionally, the following states may extend SCRA-like benefits to spouses or dependents of service members. If you were denied spousal or dependent SCRA benefits and had/have an affiliation with one of these states, please notify our Servicemembers Operations Center.
For service member eligibility questions, call our Servicemembers Operations Center at 1-844-PNC-SCRA (1-844-762-7272) Monday - Friday 8:30 AM - 4:30 PM ET.
Application Process: When you are applying for a PNC Solution Loan® or PNC Education Refinance Loan, you will be transferred to the website of one of our service providers. A list of information required to successfully complete your application will be provided during the application process. Borrowers and co-signers will need personal information including a driver’s license. state ID, employment and income information. All PNC Solution Loan borrowers will need their financial aid award letter.
Fixed Annual Percentage Rates (APRs): Fixed rates are based on the creditworthiness of the borrower and co-signer, if any. Loan Payment Example: Estimated monthly payment per $15,000 borrowed at a fixed rate range of 5.19% APR to 11.29% APR for 10 years means you would make 120 payments which may range from $161.23 to $263.43. For the fixed rate loan, the monthly payment will remain fixed for the term of the loan.
Variable Annual Percentage Rates (APRs): Variable rates are based on the London Interbank Offered Rate (LIBOR) index plus a margin depending on the creditworthiness of the borrower and co-signer, if any. The LIBOR index is currently 2.23%, adjusted quarterly, is equal to the average of the one-month LIBOR rates as published in the “Money Rates” section of the Wall Street Journal on the first business day of each of the three (3) calendar months immediately preceding each quarterly adjustment date. If the index increases or decreases, your rate will increase or decrease accordingly. Loan Payment Example: Estimated monthly payment per $15,000 borrowed at variable rate range of 5.32% APR to 11.42% APR for 10 years means you would make 120 payments which may range from $162.20 to $265.42. For the variable rate loan, the monthly payment may increase or decrease if the interest rate increases or decreases.
APRs displayed are effective as of 10/1/2019 and include the 0.50% interest rate discount for automatic payments. The range of rates displayed for each repayment term starts with the lowest APR for the option to defer repayment and goes up to the highest APR for the option to start immediate repayment. The lowest APR is available to well qualified applicants. Your actual APR will be based on your credit qualifications, selection of fixed or variable rate option, loan program, repayment term, repayment option and whether you elect the automatic payment feature. Loan payment examples above assume 45 days to first payment after the deferment period (4 years in school and 6 month grace period). Payments vary for other rates, repayment terms and repayment options. Rates subject to change at any time.
Additional Loan Payment Examples: View loan payment examples for all three repayment terms:
Automatic Payment Discount: During repayment, an interest rate discount of 0.50% is available for automatic payments. Borrower must be making scheduled payments that include both principal and interest. Interest only payments do not qualify for the 0.50% interest rate discount. Automatic payment can be established through the loan servicer American Education Services (AES). Advertised rates include the 0.50% automatic payment interest rate discount. The rate discount will be applied at the time automatic payment is established. If automatic payment is not established, the available rates will be 0.50% higher than the advertised rates. If automatic payment is established and discontinued at any time during repayment, the borrower will no longer receive an automatic payment discount and the rate will increase by 0.50%. Discount may also be suspended during periods of forbearance or deferment. Payments may be made from a checking or savings account. A federal regulation limits the number of transfers that may be made from a savings or money market account. Please contact your financial institution for more information on transfer limitations on savings accounts.
Co-Signer Release: A request to release a co-signer requires that, as of the date of the request, you have made at least forty-eight (48) consecutive timely payments of principal and interest with no periods of forbearance or deferment within the forty-eight (48) month timeframe. “Timely payment” means each payment is made no later than the 15th day after the scheduled due date of the payment. “Consecutive payment” means the minimum monthly payment must be made for the most recent forty-eight (48) months straight without any interruption. To qualify for a co-signer release, the borrower must submit a request, meet the consecutive, timely payment requirements, provide proof of income and pass a credit check.
View important disclosure and repayment information for Bar Study. Maximum loan: $15,000. Maximum aggregate educational debt (including both federal and private student loans): $225,000.
Repayment Options: Three repayment options are available - Immediate repayment, interest only payments and full deferment of principal & interest. Interest will continue to accrue during periods of deferment. You will receive quarterly interest statements during the deferment period. Paying the interest as it accrues each quarter will save you money over the repayment term of the loan because any accrued interest that you do not pay will be added to the principal balance at the end of the deferment.
PNC reserves the right to discontinue any or all terms of this program at any time without notice. Loans may be sold to other financial organizations; however, the interest rate and term of the loan will not change if a loan is sold. PNC Solution Loans are subject to credit approval.
You are encouraged to explore all scholarship, grant and federal borrowing options before applying for a private loan.
PNC Solution Loan is a registered mark of The PNC Financial Services Group, Inc.
PNC does not provide accounting, tax or legal advice. Any calculators provided are intended for educational and estimation purposes only, and their accuracy is not guaranteed. The calculators, and any results displayed, do not constitute the advice of, or reflect actual products, services, rates and/or terms available from PNC Bank or its affiliates, and nothing contained in the calculators shall constitute an offer or solicitation of a product or service by PNC Bank or its affiliates.