Our earnings help support PHEAA’s public service mission to give back to PA students and families.
Low Interest Rates (4.84-10.18%) APR1
No Application or Origination Fees
Multiple Repayment Options
Are you a Pennsylvania Commonwealth or PHEAA employee? See if you qualify for an additional 0.25% interest rate reward.
A loan designed specifically for students seeking an undergraduate degree, certificate, or diploma.
A loan designed specifically for students seeking an advanced degree such as masters, doctoral, law, health profession, or others.
A loan designed specifically for parents or guardians of dependent undergraduate students.
A loan designed specifically for borrowers in repayment to manage their student debt.
Application Process Made Easy
Check your eligibility
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Tell us about yourself or co-signer
Submit your application
Tip!You may benefit by applying with a co-signer.
For undergraduate, graduate, and refinance loans, most students may benefit from obtaining 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.
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Lender Referral Program(For Financial Institutions Only)
The PA Forward Student Loan Program was designed to assist Pennsylvania students and families achieve their goals of financing higher education. Most Pennsylvanians would welcome a very competitive student loan product provided by their trusted financial institution. Consider joining our team by becoming a referral partner.
1 Annual Percentage Rate (APR) Calculations-The lowest APR is based on the following assumptions: a PA Forward Student undergraduate or graduate loan of $10,000 made in a single disbursement, a borrower who selected an Immediate Repayment Plan and a repayment term of 60 months, monthly on time payments of $188.16 and a final payment of $179.85, a fixed periodic interest rate of 5.13%, and total payments of $11,281.47. The borrower in this sample qualified for a 0.25% Direct Debit benefit for the entirety of the repayment period and a 0.50% graduation benefit was applied 47 months into repayment.
The highest APR is based on the following assumptions: a PA Forward Refinance loan of $20,000 made in a single disbursement, a borrower who selected an Immediate Repayment Plan and a repayment term of 240 months, monthly payments of $195.93, a fixed periodic interest rate of 10.22%, and a total amount financed of $47,022.85. The borrower in this sample did not qualify for any interest rate discounts.
This APR is an estimate and may differ from the actual rates received. More information about interest rates, including Annual Percentage Rates, is available for each loan program.
NOTE: Subject to aggregate loan limits.
Applicants, including co-signers, are subject to credit qualifications, completion of an application and credit agreement, and verification of application information. PHEAA uses applicants FICO scores to determine eligibility and interest rates. Higher credit scores may mean an applicant is offered a lower interest rate.
PHEAA reserves the right to discontinue all programs or benefits without prior notice.