Student Loans

Get the money you need to help make higher education happen. Student loans from First Commonwealth in partnership with Sallie Mae® could help!

For those attending or borrowing for a student attending a degree-granting institution: 

Whether you’re an undergraduate student, graduate student, or parent helping a student pay for school, these flexible loans are designed to meet your needs:

  • Competitive variable and fixed interest rates
  • No origination fee or prepayment penalty1
  • Multiple repayment options

Learn More About Sallie Mae Smart Option Student Loans


Smart Option Student Loan® for Undergraduate Students
Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school 


Graduate School Loan
Pay for expenses as you pursue your master’s and doctoral degrees 

MBA Loan
Pay for your business school expenses as you pursue your Masters of Business Administration degree 

Medical School Loan
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine

Dental School Loan
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics

Graduate School Loan for Health Professions
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health programs

Law School Loan
Pay for your school and associated expenses as you study for your law degree


Parent Loan
Help your student by taking responsibility with a loan in your name

Senior Year Calendar

Calendar to help high school seniors and their families organize

Senior Year Calendar for College Entrance


Websites to help you pay for college

Scholarship Search Engines

Fastweb - Search for scholarships for college students with free matching service for scholarships. Also learn about financial aid. - Free college scholarship search.

bigfuture - Find scholarships and other financial aid.

Other Helpful Websites (U.S. Department of Education website) - Free Application for Federal Student Aid (FAFSA) (U.S. Department of Education website)- Instruction on how to view federal student loan documents, entrance counseling and how to sign promissory notes. (U.S. Department of Education website) - College affordability and transparency center for the U.S. Department of Education. - (U.S. Department of Education website) - Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. It is responsible for managing the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965.

PHEAA (Pennsylvania Higher Education Assistance Agency) - Pennsylvania and national provider of student financial aid services, serving millions of students and thousands of schools through its loan guaranty, loan servicing, financial aid processing, outreach, and other student aid programs.

Education Planner - Your one-stop career and college planning website. A public service of PHEAA (the Pennsylvania  Higher Education Assistance Agency), its student loans servicing operations, FedLoan Servicing,  and AES (American Education Services).

You Can Deal With It - Provides a practical and easy-to-understand advice on how to deal with common financial situations facing today's college students and recent graduates. A public service of PHEAA , its student loans servicing operations, FedLoan Servicing,  and AES.

My Smart Borrowing - A free tool for calculating an affordable future. Answer a few simple questions and see how your college and career choices can affect your financial future. A public service of PHEAA , its student loans servicing operations, FedLoan Servicing,  and AES.

Borrow Responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

These loans are made by Sallie Mae Bank or a lender partner. First Commonwealth FCU is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Smart Option Student Loan and graduate loan products:  This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower, and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal. 


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