Student Loans
A Loan with Pennsylvania Students in Mind
Through the PA Forward Student Loan Program, the Pennsylvania Higher Education Assistance Agency (PHEAA) offers private student loan options to enable Pennsylvania students to pursue their higher education dreams and to make managing their loans easier and more convenient.
The PA Forward Student Loan Program has the following benefits:
- No application or origination fees
- Low fixed interest rates
- Multiple repayment options
- Potential interest rate rewards
- No prepayment penalty
For undergrad, grad, and parent loans, you can even borrow up to 100% of the certified cost of attendance (tuition, fees, room, board, books, etc.).
Eligibility for Undergrad, Grad, or Parent Loans
The PA Forward Student Loan Program is designed specifically for students or parents/guardians of students who are enrolled or who plan to be enrolled in a degree, certificate, or diploma granting program. For Parental loans, the student must be enrolled in school at least half-time. These loans are meant for:
PA residents attending an approved school in or out of PA
U.S. citizens or eligible non-citizens of the U.S.
Students from an approved state (DE, MD, NJ, NY, OH, VA, and WV) attending an approved PA school
Borrowers and/or co-signers who meet the minimum credit requirements
Eligibility for Refinance Loans
The PA Forward Refinance Loan is a loan designed specifically for those who are in repayment and want assistance with managing their student debt. This loan is meant for:
Any PA resident or resident of an approved state (DE, MD, NJ, NY, OH, VA, and WV) who is the borrower for the student loans
U.S. citizens or eligible non-citizens of the U.S.
Borrowers who are currently in repayment
Borrowers and/or co-signers who meet the minimum credit requirements
Co-signer
The PA Forward Student Loan Program does not require you to have a co-signer unless you have not met the age of majority based on the law of your state of residence or you do not meet the minimum credit requirements. However, you may benefit from 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.
Loan Types
Currently there are four loan types in the PA Forward Student Loan Program. Use the buttons below to learn more and apply today.
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.
Refinance Loan
A loan designed specifically for borrowers in repayment to manage their student debt. Get payment estimates too!
QNB Bank is not an affiliate of PHEAA. PHEAA is responsible for the products or services it offers.
For specific loan program questions please call 1-844-PAFORWD (1-844-723-6793).
The creditor and issuer of student loans is PHEAA.
