2/14/19
by News Department on 02/14/19PHEAA Assistance...
Students struggling to pay for college will have a new option in the next school year.
The Pennsylvania Higher Education Assistance Agency is getting back into the student loan game by launching the "Pennsylvania Forward Student Loan Program" starting with the 2019-2020 school year.
In 2010, PHEAA stopped funding student loans when the "Federal Family Education Loan Program" was phased out by congress.
PHEAA's new "PA Forward" student loan program will be a low-cost alternative for students and parents.
The program includes no origination or late fees, a quarter percent interest rate reduction for automatic debit enrollment, and a half percent interest rate reduction for graduating on time.
