Great Benefits!

Interest Rates as Low as 5.01% APR1

No Application or Origination Fees

Multiple Repayment Plans

Undergraduate Loan

A loan designed specifically for students seeking an undergraduate degree, certificate, or diploma.

Graduate Loan

A loan designed specifically for students seeking an advanced degree such as masters, doctoral, law, health profession, or others.

Parent Loan

A loan designed specifically for parents or guardians of dependent undergraduate students.

Application Process Made Easy


Check your eligibility


Create an account


Tell us about yourself/co-signer


Submit your application

Tips!Here is what you need to consider when filling out your application:

For undergraduate and graduate 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.

Here is what you need to have ready when filling out your application:

  • Name, address, and telephone number
  • Date of birth and Social Security Number
  • Email address
  • Name and location of school you or your student are or plan on attending
  • Annual income of applicants (income will be verified)
  • Grade level and anticipated graduation date
  • Academic period for which you would like to receive the loan
  • Co-signer's name and email address (if applicable)

Smart Borrowing

The world of student aid can sometimes be difficult to navigate. However, it doesn't have to be. We have gathered information that will make it easier for you to understand.

PHEAA is Invested in You!

We have been in the business of helping students for OVER 56 YEARS! Since 1963, our mission has been to create affordable access to higher education for students and families. PHEAA devotes energy and resources to develop innovative ways to ease the financial burden of higher education.

1 Annual Percentage Rate (APR) Calculations - The lowest APR is based on the following assumptions: a loan of $10,000 made in a single disbursement, a borrower who selected an Immediate Repayment Plan and a repayment term of 120 months, monthly payments of $107.05 and a final payment $79.67, a fixed periodic interest rate of 5.45%, and a total amount financed of $12,711.07. 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.

This APR is an estimate and may differ from the actual rates received.

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 reserves the right to discontinue all programs or benefits without prior notice