PNC Solution Loan® 

Loans for undergraduate students


Apply Now[1]

Receive a preliminary decision within minutes.

Have Questions?

Speak to a student lending representative

Rate Ranges for PNC Solution Undergraduate Loan [2]

  5 Year 10 Year 15 Year
Fixed APRs 4.52 - 10.79% 5.05 - 11.29%
5.55 - 11.79%
Variable APRs 4.90 - 11.21%
5.38 - 11.66%
5.85 - 12.11%
  5 Year Repayment Examples 10 Year Repayment Examples
15 Year Repayment Examples



Key Advantages
$2,000 Scholarship.12 Winners. Enter today.

Financial knowledge and help with finances can improve your college experience. Here's a chance to get both. Learn more.[7]

Save Money

No application or origination fees. Also, get 0.50% off your rate with automated payments from your checking or savings account.[3]

Co-signer Release

A co-signer release option is available after 48 consecutive on-time monthly payments.[4]

What You Need to Apply

Before you start your application

You (and your co-signer, if applicable) will need to provide personal information like:

  • Social Security number, driver's license (or State ID), date of birth.
  • Home phone number, home address and the number of years you lived there.

You'll also need specifics around the school you want to attend:

  • School's name and your intended major. 
  • Academic term(s) that the loan will cover (full year, one semester, etc.) as well as expected graduation date.

All set? Apply today

More information you'll need

You'll also need employment information for you (and the co-signer, if applicable)

  • Name of employer, address, length of employment and phone number.
  • Income (if applicable) and any additional sources of income.
  • Email for your co-signer (if applicable).

Download our step-by-step application guide 

Questions? Call 1-800-762-1001

We are dedicated to helping you advance your education.

The PNC Solution Loan for Undergraduates is a private student loan offering a convenient way to pay for college after you have exhausted your federal loan options.

Who It's For: Students who are enrolled at least half time in a degree or certificate program.

Before you start your application, you should have:

  • Completed and sent in your Free Application for Federal Student Aid (FAFSA) as soon as possible after October 1st
  • Received an award letter from the school you plan to attend
  • Researched grants, scholarships, federal loans, and work-study programs
  • Reviewed the PNC Solution Loan eligibility requirements below

If you are unfamiliar with terminology you encounter while reviewing information about our higher education private student loans, we've created a glossary of terms to assist you.
View Glossary of Terms »

The PNC Education Loan Center Achiever Scholarship
We launched the PNC Education Loan Center Achiever Scholarships  program in 2015 to further support students by giving them a chance to win $2,000 to spend on their education expenses. We award a total of $24,000 annually to eligible undergraduate students who have entered the sweepstakes through their Financial Literacy account.

Enter Today »

Features & Benefits

With a PNC Solution Loan, you can:

  • Use the funds for any education-related expense
  • Receive a preliminary decision within minutes of applying online
  • Apply up to 60 days after the end of the school term
  • Choose your interest rate option: variable or fixed rate

Product Details

View Repayment Examples 5 Years | 10 Years |15 Years

Ways to Save

  • No application or origination fees
  • Get 0.50% off your rate with automated payments from your checking or savings account[3]
  • Interest may be tax deductible; consult your tax advisor

Flexible Repayment

  • Take up to 15 years to repay[2]
  • A co-signer release option is available after 48 consecutive on-time monthly payments[4]
  • Immediate repayment, interest only payments while in school and full deferment of principal and interest options available.[6]
  • For deferred payments, repayment begins six months after you graduate or cease to be enrolled in school at least on a half-time basis.[6]
  • One-time capitalization of interest at repayment

Eligibility and Requirements


Student must:

  • Be an undergraduate student in a degree program
  • Be enrolled at least half time as determined by your school

Student and co-signer, if any, must:

  • Be U.S. citizens or permanent residents
  • Have lived in the U.S. for the previous two years



Student and co-signer, if any, must:

  • Have satisfactory credit and proof of employment and income history
  • Have been in business for at least two years if self-employed
  • Meet debt-to-income requirements

Applying With a Co-signer?

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

Important Legal Disclosures and Information

  1. 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.

  2. 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 $10,000 borrowed at a fixed rate range of 5.05% APR  to 11.29% APR for 10 years means you would make 120 payments which may range from $107.49 to $207.24. 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 2.47%, 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 $10,000 borrowed at a variable rate range of 5.38% APR to 11.66% APR for 10 years means you would make 120 payments which may range from $109.32 to $212.65. 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 7/1/2019 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 30 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:

    5 Year Repayment Term

    10 Year Repayment Term

    15 Year Repayment Term    

  3. 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.

  4. 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.

  5. View important disclosure and repayment information for the PNC Solution Loan for Undergraduates. Annual loan maximum: $50,000; maximum aggregate educational debt (including federal and private student loans): $225,000.

  6. 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.

  7. Scholarship: No purchase necessary to win. Void where prohibited or restricted by law. A purchase or transaction does not increase your chances of winning. Entries will be accepted at, between December 1, 2018 and May 31, 2019, to be eligible for the June 1 drawing, and between June 1 and November 30, 2019, to be eligible for the December 1 drawing. Sweepstakes is open to legal residents of the United States who are 18 years of age or older by the end of the standard academic year, defined as running from June of the current year through May of the following year. Undergraduate students must also be enrolled in a PNC Solution Loan®-eligible college or university located in AL, DC, DE, FL, GA, IL, IN, KY, MA, MD, MI, MO, NC, NJ, NY, OH, PA, SC, TN, VA, WV, or WI. Employees of The PNC Financial Services Group, Inc., its affiliates, subsidiaries, advertising and promotion agencies, as well as such employee's immediate family members (or persons living in the same household), are not eligible. The sweepstakes is subject to all applicable federal, state and local laws and regulations. Six (6) $2,000 college scholarships will be awarded twice in 2019. Odds of winning will depend on the number of eligible entries received. On or about June 1, 2019, and December 1, 2019, winners will be drawn at random from all entries submitted. Winners will be contacted by email and/or telephone. Taxes are responsibility of winner. Prizes are not transferable. No substitution of prizes permitted. Potential scholarship winners may be required to execute, have notarized and return an Affidavit of Eligibility and Release of Liability. See official sweepstakes rules at Sponsored by PNC Bank, National Association.


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.