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PNC Bank

in Private Student Loans

Unaffiliated Visit Site

PNC Bank

Unaffiliated

in Private Student Loans

SuperMoney Net Recommendation Score -100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

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Overview

Where does PNC Bank do business?

PNC Bank is a bank based in Pittsburgh, PA. It was founded in 1845 and offers student loans in 50 states (and Washington, DC).

What rates does PNC Bank offer for in-school private student loan?

PNC Bank has a variable APR that ranges from 4.18% up to 11.26%.

It offers a fixed APR that ranges from 6.19% up to 12.99%.

Many students have little or no credit history when they start college. By having a parent or other creditworthy individual cosign the loan, the student may improve their chance of approval or qualify for lower interest rates.

How much can you borrow from PNC Bank?

Available loan amounts may vary by applicant but PNC Bank has a minimum loan amount of $1,000.

Does PNC Bank charge an origination fee?

No, PNC Bank does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees. 

Does PNC Bank charge prepayment fees?

No, PNC Bank does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

What terms does PNC Bank offer?

PNC Bank provides repayment terms ranging from 1 to 15 years.

What type of borrowers will PNC Bank consider?

PNC Bank considers loans applications from:

  • undergraduate students
  • graduate students
  • parents of students

What do you need to qualify for a loan with PNC Bank?

Applicants with a credit score of at least 600 can apply for a loan via PNC Bank.

Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

PNC Bank only considers borrowers who are employed

Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

  • Driver's license
  • Proof of citizenship or residence permit
  • Proof of income
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Contact

  • Headquarters
  • One PNC Plaza 249 Fifth Ave
    Pittsburgh, PA 1522 USA
  • Visit Site

Availability

Available in 50 States and Washington, DC
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Grace Period
6
No Prepayment Fee
No Origination Fee
Late Fee Amount
$5
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Cosigner Optional
Credit Score Range
600 - 850
850 300 600
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Income
  • Proof of Residence
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Variable APR
4.18% - 11.26%
3% 12%
Loan Amount
Starting at
$1,000
Loan Term (Years)
1 - 15
1 30
Fixed APR
6.19% - 12.99%
0% 20%

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