Private Loans for Graduates
The PNC Solution Loan™ for Graduate Students can help you get the money you need to pay for school.
The PNC Solution Loan is a private loan offering a convenient way to pay for college after you have exhausted your federal loan options.
Who It's For: Graduate or professional 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 the initial 48 consecutive on-time monthly payments2
- Variable rate loan interest rates range from 3.50% to 10.45%
(APRs from 3.43% to 10.45%)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
- Receive a preliminary decision within minutes of applying online
- Apply up to 60 days after the end of the school term
- 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
- be a graduate or professional 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
There are two credit options available for this program: creditworthy and credit ready.
If applying as creditworthy or with a creditworthy co-signer, you or your co-signer need:
- two years of satisfactory credit history, and two years of continuous income and/or employment history
- proof of current income
- if self-employed, to have been in business for at least two years
If you are applying as a credit ready applicant on your own signature, you need:
- a satisfactory credit history of 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
1If 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 accounts. 2To release a co-signer, the borrower must request a co-signer release and pass a credit check. 3View important disclosure and repayment information for the PNC Solution Loan for Graduate Students. Creditworthy borrowers - annual loan maximum: $65,000; maximum aggregate educational debt (including federal and private student loans): $225,000. Credit ready borrowers - annual loan maximum: $20,000; 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.