PNC Bank Corp. has made a $4 million equity investment in a company that enables prospective students to apply to colleges over the Internet.

Starting in the first quarter of next year, PNC will offer student loans through collegelink.com, which is run by Cytation.com Inc. of Middletown, R.I. Cytation, which offers various education programs through the Internet, says 1,000 colleges and universities in the United States accept applications submitted through collegelink.com.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.