For the ACHIEVER in you.
Home Home Home

Private Loans for Undergraduates

The PNC Solution Loan™ for Undergraduates can help you get the money you need to pay for school.

The PNC Solution Loan for Undergraduates is a private 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

  • Choose your interest rate option: variable or fixed rate
  • No application or origination fees
  • Get 0.50% off your rate with automated payments from your checking or savings account1
  • A co-signer release option is available after 48 consecutive on-time monthly payments2
  • Variable rate loan interest rates range from 3.73% to 10.68%
    (APRs from 3.65% to 10.68%)3
  • Fixed rate loan interest rates range from 6.49% to 12.99%
    (APRs from 6.26% to 12.99%)3
  • Use the funds for any education-related expense
  • Apply up to 60 days after the end of the school term
  • Receive a preliminary decision within minutes of applying online
  • Take up to 15 years to repay3
  • Payments can be deferred while you are in school, or you can choose to begin repayment immediately to save on interest expense4
  • If you choose to defer payments, repayment begins six months after you graduate4
  • One-time capitalization of interest at repayment
  • Funds are sent directly to the school
  • Outstanding debt will be forgiven upon the death of the borrower
  • Interest may be tax deductible; consult your tax advisor
  • View loan application and solicitation disclosure


You must:

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

You and your co-signer, if any, must:

  • be U.S. citizens or permanent residents
  • have lived in the U.S. for the previous two years
  • meet the credit guidelines listed below
  • meet debt-to-income requirements

Please note: A co-signer is typically required for undergraduate students; a creditworthy co-signer is required for 17-year-old students

Credit Guidelines

You or your co-signer, if any, must:

  • have two years of satisfactory credit history, and two years of continuous income and/or employment history
  • have proof of current income
  • if self-employed, have been in business for at least two years

Considering Applying With a Co-signer?

  • Applying with a creditworthy co-signer may increase your chances of approval.


If you have any questions, please contact our customer service center to speak with a student loan specialist at 1-800-762-1001, Monday through Friday from 8am to 5pm Eastern time.

1Get 0.50% off your interest rate with automated payments from your checking or savings account when making scheduled payments that include both principal and interest. If automatic payment is discontinued, you will no longer receive an automatic payment discount. 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 account.

2A request to release a co-signer requires that you have made forty-eight (48) consecutive timely payments 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 regularly scheduled monthly payment must be made for 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.

3View important disclosure and repayment information for the PNC Solution Loan for Undergraduates. Annual loan maximum: $40,000; maximum aggregate educational debt (including federal and private student loans): $225,000.

4Interest will continue to accrue during periods of deferment. You will receive quarterly interest statements during this 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 period.

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.

Customer Service

To speak to a loan specialist, call:


Create Your Own Strategy

Whether you're planning to borrow or preparing for repayment, we offer tools to help you create strategies that work best for you.

AccessReady logo
RepayReady logo

You are encouraged to explore all scholarship, grant and federal borrowing options before applying for a private loan.

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.