Keystone Student Loans

Unlock a New Way to Pay for College

Through the Keystone Student Loan Program, PHEAA offers private education loan options to enable students in DE, MD, NJ, NY, OH, VA, and WV to pursue their higher education dreams and to make managing their loans easier and more convenient.

Benefits that Matter:

  • No fees
  • Low, fixed interest rates
  • Multiple repayment options
  • Potential interest rate rewards
  • No prepayment penalty

 

Loan Eligibility

Keystone was designed for residents in DE, MD, NJ, NY, OH, VA, or WV attending an approved school in or out of state (except for PA), regardless of enrollment status, including those enrolled less than half-time.1

All borrowers must be citizens or permanent residents of the United States.

For parent loans, the dependent undergraduate student must be enrolled at least half-time in a degree, certificate, or diploma-granting program. Parents or guardians must meet the minimum credit qualifications.

 

Co-signer

The Keystone 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 five loan types in the Keystone Student Loan Program.

Health Professional Loan

For students seeking a doctor of chiropractic, doctor of optometry, nurse practitioner, occupational therapy, pharmacy, physical therapy, speech-language pathology, or other graduate health professional degree.

Parent Loan

For parents or guardians of dependent undergraduate students enrolled at least half-time in a degree, certificate, or diploma-granting program.

Looking to refinance your existing student loans?

Keystone’s lender, PHEAA, offers the PA Forward Refinance Loan which helps to simplify repayment by combining federal and private education loans into one convenient monthly payment. Eligible borrowers include residents from DE, MD, NJ, NY, OH, PA, VA, and WV—meaning all Keystone Student Loan borrowers and co-signers who are currently in repayment are eligible to refinance with PA Forward!

Learn More or Apply

 

Plan Ahead & Be a Smart Borrower

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.

 

EducationPlanner.org

This career and college planning website provides practical and easy-to-understand advice to help prepare students for the important decisions they will face in the future.
Visit EducationPlanner.org

 

MySmartBorrowing.org

Using this interactive tool, you can create up to four different scenarios to see how your career and college choices may affect how much you pay for college and if you are at risk for overborrowing.
Visit MySmartBorrowing.org

 

YouCanDealWithIt.com

This website provides practical and easy-to-understand advice on how to deal with common financial situations facing today's college students and recent graduates.
Visit YouCanDealWithIt.com

 

NOTE: If you visit one of the above sites, please remember to come back to this site if you decide to apply for a Keystone Student Loan.

1Loans taken for a less than half-time academic period may borrow up to $5,000—this does not apply to the medical or health professional loans.