1. Refinancing: Refinancing at a longer repayment term may lower your monthly student loan payments, but may also increase the total interest paid over the life of the loan. Refinancing at a shorter repayment term may increase your monthly student loan payments, but may lower the total interest paid over the life of the loan. Contact us to discuss the option that best meets your needs.

Certain Federal Benefits Will Be Lost or Not Available: If you refinance your federal loans through this PNC Education Refinance Loan, you will lose or not be able to select other payment plans available to federal student loan borrowers, such as income contingent repayment or income based repayment. In addition, federal student loans offer deferment, forbearance and loan forgiveness options that may not be available under a PNC Education Refinance Loan. Please compare your current benefits with this program to ensure any loss of existing benefits is fully understood.

Credit is subject to approval. Certain restrictions and conditions apply.

2. Fixed Annual Percentage Rates (APRs): APRs 3.69%‑6.44% are for a 10‑year term. APRs range from 3.94%‑6.69% for a 15‑year term. Fixed rates are based on the creditworthiness of the applicant(s). Loan Payment Example: Estimated monthly payment per $35,000 borrowed at a fixed APR range of 3.69%-6.44% for 10 years means you would make 120 payments which may range from $349.22‑$396.35 based on 30 days to first payment. Payments may vary for the 15‑year repayment term option. Variable Rate Option: Variable APRs range from 4.16%‑6.91% for a 10‑year term and 4.32%‑7.07% for a 15‑year term. Variable rates are based on the London Interbank Offered Rate (LIBOR) index plus a margin depending on creditworthiness of the applicant(s). The LIBOR index, adjusted quarterly, is equal to the average of the one‑month LIBOR rates published in the "Money Rates" section of the Wall Street Journal on the 1st business day of each of the three calendar months immediately preceding each quarterly adjustment date. LIBOR index is currently 2.23%. If the index increases or decreases, your rate will increase or decrease. APRs available as of 10/09/19 and reflect a 0.50% automatic payment discount. Lowest APR available for well qualified applicants. Your actual APR will be based on credit qualifications, selection of fixed or variable rate option, repayment term and whether you elect the automatic payment feature. Rates subject to change. Contact us for current rates.

3. Automatic Payment Discount: During repayment, an interest rate discount of 0.50% is available for automatic payments. Borrower must be making scheduled payments that include both principal and interest. Interest only payments do not qualify. Advertised rates include the 0.50% automatic payment interest rate discount. The rate discount will be applied at the time automatic payment is established. If automatic payment is discontinued at any time, the discount will be removed and the rate will increase by 0.50%.

PNC Bank is a registered mark of The PNC Financial Services Group, Inc.

©2019 The PNC Financial Services Group, Inc. All rights reserved. PNC Bank, National Association.