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.
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.
Undergraduate Loan
A loan designed specifically for students seeking an undergraduate degree, certificate, or diploma.
Graduate Loan
For students seeking an advanced degree such as a masters, law, MBA, Ph.D., or others.
Medical Loan
For students seeking a medical, dental, osteopathic, podiatry, or veterinary degree.
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
A loan designed specifically for parents or guardians of dependent undergraduate students.
Looking to refinance your existing student loan?
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 Refinance Loan
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.
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.
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.