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Does PNC offer student loan refinancing?
No. PNC Bank no longer offers PNC student loan refinance loans for new borrowers. PNC stopped accepting new applications on December 18, 2025.
PNC Borrowers with existing loans will still be serviced by either AES or Aspire and adhere to the loan’s original terms.
PNC features such as interest rate discounts and flexible eligibility requirements were beneficial to borrowers, and these characteristics may be crucial for those seeking comparable lenders.
Refinancing options to consider instead
If PNC was your first choice for refinancing, you still have options. Other private lenders continue to offer student loan refinancing, and many offer features similar to those that may have attracted borrowers to PNC.
- Traditional banks. Some borrowers refinance through large banks they already use for checking or savings accounts. These lenders offer familiar application processes and standard repayment options, which can feel more predictable if you prefer working with an established institution.
For example, Citizens Bank offers refinancing with up to 0.50% in combined loyalty and autopay rate discounts for eligible borrowers. Existing customers may qualify for a 0.25% Loyalty Discount that can be combined with an autopay discount when borrowers enroll in automatic payments for an additional 0.25% rate reduction.
- Online lenders. Online refinance lenders specialize in student loan refinancing and typically operate fully digitally, which can make the process faster and easier to manage online. Some also offer borrower-focused perks.
Lenders like Earnest offer a Skip-A-Payment option for eligible borrowers, while Laurel Road allows eligible medical residents to make $100 monthly payments during their training period, which can ease cash flow while income is limited. These lenders often compete on flexibility, digital tools and borrower-specific features rather than in-person banking access.
- Regional or nonprofit lenders. Regional banks and nonprofit lenders sometimes specialize in student loan refinancing and serve borrowers in specific states or regions. Brazos offers refinancing to Texas residents. Another lender, RISLA, provides refinancing nationwide but offers additional rate discounts for Rhode Island residents or students attending school in the state.
Iowa Student Loan (ISL) offers its lowest refinance rates to Iowa residents or borrowers with existing ISL-owned loans. These lenders often emphasize benefits like resident discounts or mission-driven lending rather than national scale.
The right option depends on your priorities, whether that’s lowering your interest rate, adjusting your monthly payment or finding a lender where you’re more likely to qualify for useful benefits and perks.
Comparing features and terms across multiple lenders can help you identify what actually improves your loan, rather than simply replacing it.