Skip to Account Sign In Skip to Site Menu Skip to Footer Menu COVID-19 Impact on PHEAA-Owned Loans Learn more about the coronavirus (COVID-19) impact on PHEAA-owned loans (including PA Forward Loans). PA’s Low Cost Way to Pay for College APPLY NOW! Check Application Status Our earnings help support PHEAA’s public service mission to give back to PA students and families. Great Benefits! Low Interest Rates (3.10-6.69%) APR1 No Application or Origination Fees Multiple Repayment Options Loan Options In School 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. In Repayment Refinance Loan A loan designed specifically for borrowers in repayment to manage their student debt. Application Process Made Easy 1 Check your eligibility 2 Create an account 3 Tell us about yourself/co-signer 4 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. APPLY NOW 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. LEARN MORE 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. LEARN MORE ABOUT THE LENDER REFERRAL PROGRAM 1 Annual Percentage Rate (APR) Calculations - The lowest APR is based on the following assumptions: a PA Forward Refinance loan of $20,000 made in a single disbursement, an Immediate Repayment Plan and a repayment term of 60 months, monthly on time payments of $360.26, a fixed periodic interest rate of 3.35%, and total payments of $21,615.80. The borrower in this sample qualified for a 0.25% Direct Debit benefit for the entirety of the repayment period. The highest APR is based on the following assumptions: a loan of $10,000 made in a single disbursement, a borrower who selected a Fully Deferred Repayment Plan and a repayment term of 180 months, monthly payments of $117.93, a fixed periodic interest rate of 7.07%, and a total amount financed of $21,227.72. The borrower received an in-school deferment of 46 months and a grace period of 6 months. 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 applicant(s) FICO score(s) 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 Grants PA State Grant Program Loans PA Forward Funding Opportunities PA Student Loan Relief for Nurses Program Other Educational Aid PA State Work-Study Program PA Targeted Industry Program Aid for Military & PA National Guard Loan Forgiveness PA Ready to Succeed Scholarship Program College Planning EducationPlanner College Fairs 5 Steps to Financial Aid PA Student Aid Guide FAFSA Parents & Students Resources Tools Account Access (AES) Online Ordering MySmartBorrowing Student Loan Notification Tool Financial Aid Resources PA Forward Student Loan Program Toolkit Partner Access K-12 Counselors Schools Resources & Training PA State Work-Study Program PHEAA Federal Work-Study Programs PA Institutional Assistance Grants Program PA Targeted Industry Program Program Review Process PA Ready to Succeed Scholarship Program Community Partners Company Information About Us Doing Business with PHEAA PennWATCH Act Board Members Executive Team Careers Investor Information Reports & Statistical Studies Press Releases Contact Us Site Map Online Services Terms of Use Privacy Policy Right to Know Office of Consumer Advocacy © Pennsylvania Higher Education Assistance Agency, 2018-2021. (NMLS# 1619466 NMLS Consumer Access). PHEAA conducts its student loan servicing operations commercially as American Education Services and for federally-owned loans as FedLoan Servicing.