Wells Fargo® Student Loans
Whether you need money for tuition and living expenses or textbooks and a computer, we can help. As one of the nation's leading private student loan providers, Wells Fargo has helped millions of students invest in their education. Apply today!
Apply With a Cosigner
While not required, we strongly encourage undergraduate students to apply with a creditworthy cosigner if they may have difficulty qualifying for a loan due to limited income and credit history. This may increase an applicant's chances of approval and of possibly obtaining a better interest rate.
Wells Fargo Collegiate® Loan1
The Wells Fargo Collegiate loan is a good choice for traditional four-year undergraduate students, this education loan helps pay for tuition, books, a computer, housing expenses or even a study abroad program. Apply today!
Benefits and Features
- Pay later - Make no payments until 6 months after leaving school2
- Competitive rates - Select from a competitive variable interest rate option (as low as 2.93% discounted variable APR) or fixed interest rate option (as low as 5.94% discounted fixed APR)3,4
- Limited time offer - Discounts available to lower total loan costs over $700!3
- Avoid costly fees - Pay no application, origination or early repayment fees
- Include a cosigner - Having a cosigner on a student loan may lower the interest rate, improve the chances of getting approved, and help speed the loan decision process
Wells Fargo Student Loan for Career and Community Colleges1
A Wells Fargo Student Loan for Career and Community Colleges is designed for students attending a two-year school, career-training program, or non-traditional school. Apply today!
Benefits and Features
- Pay later - Make no payments until 6 months after leaving school2
- Avoid costly fees - Pay no application, origination or early repayment fees
- Competitive rates - Select from a competitive fixed or variable interest rate option - we have new low rates available!3,4
- Enjoy great ways to save - Reduce already competitive rates even more with customer interest rate discounts3
- Cover your costs - Cover education-related expenses for students of two-year schools6, career training or non-traditional four-year undergraduate programs
- Include a cosigner - Having a cosigner on a student loan may lower the interest rate, improve the chances of getting approved, and help speed the loan decision process
Start Your Wells Fargo Loan Application »
Quality Service for all Wells Fargo Loans
- We have helped millions of students invest in their future, let us help you
- We provide nationwide banking with more than 12,000 Wells Fargo ATMs and 6,200 stores
Eligibility Requirements for Loans Above
You must:
- Be enrolled as an undergraduate or graduate student at an eligible school, and seeking a degree, certificate, or license.
- Be a U.S. citizen, U.S. national, permanent resident alien without conditions, or international student who is a temporary resident alien with a current U.S. address and proper evidence of eligibility. For permanent and temporary resident aliens, a U.S. citizen must cosign the loan.
Apply with a cosigner and you may qualify for a lower interest rate and improve your chance of getting approved
1 Wells Fargo private student loans are subject to credit qualification, completion of a loan application/consumer credit agreement, verification of application information, and if applicable self-certification form, school certification of loan amount, and student's enrollment at a Wells Fargo-participating school.
2 Students are not required to make payments while in school; repayment begins six months after you graduate or leave school. The maximum in-school period is seven years after the date of the first disbursement. Interest continues to accrue during any deferment periods and is capitalized to the account upon entering repayment.
3 Interest Rate Discounts:
Discounts eligible at time of application: You may qualify for an interest rate discount if you or your cosigner has any of the following Wells Fargo products prior to your Final Loan Disclosure being issued:
- A Wells Fargo PMA® Package — 0.50% discount
- A qualifying Wells Fargo Checking Package® — 0.25% discount
- A prior federal or private student loan made by Wells Fargo — 0.25% discount [prior Wachovia federal student loans are not eligible].
Only one qualifying relationship discount will apply. You will automatically receive the highest applicable discount. For variable interest rate loans, if the qualifying relationship ends, the interest rate may be reset to reflect the removal of the discount.
$700 loan cost saving assumes a $10,000 loan with 3.00% APR which includes an interest rate reduction of 0.50% with a 15-year repayment term. Variable interest rates subject to increase after consummation.
Stated APR includes an interest rate discount for having or opening a qualifying Wells Fargo Checking Package® account prior to the issuance of the Final Loan Disclosure and a 0.25% interest rate discount for the Customer Discount promotion, in effect for applications submitted from 04/16/13 through 06/30/13, this is an extra interest rate discount of 0.25%. The 0.25% Customer Discount limited time promotional interest rate discount may be combined with the Wells Fargo relationship discount but cannot be combined with partnership discounts or with any other promotional interest rate discount(s).
Discounts eligible during repayment: Interest rate discounts are effective once you qualify for the discount — your monthly payment amount is adjusted at a later time. Discounts may be combined:
- Wells Fargo Student Graduation BenefitSM program — 0.25% interest rate reduction to borrowers who graduate. The discount applies to loans disbursed on or after September 1, 2011. Discount is effective once proof of graduation or program completion is verified. Benefit not offered for the Wells Fargo Student Loan for Parents and the Wells Fargo Private ConsolidationSM Loan.
- Automatically withdrawn payment discount ("ACH") — 0.25% interest rate reduction to borrowers who have their payments automatically withdrawn from a personal checking or savings account. This discount does not apply to automatic bill payments set up solely by you. If the automatic payment is canceled at any time after repayment begins, the discount will be lost until automatic payment is reinstated. The 0.25% interest rate reduction is effective the day after the first payment is made using automatic withdrawal during the repayment period. The automatic payment interest rate reduction is separate from the graduation interest rate reduction and available to both borrowers who graduate and those who do not. Discount does not apply during any deferment or forbearance period.
Wells Fargo reserves the right to modify or discontinue interest rate discount program(s) for future loans or to discontinue loan programs at any time without notice. For details, including eligibility requirements, visit us at wellsfargo.com/student or call 1-800-378-5526.
4 Interest rate reflected as of February 1, 2013. Variable rates are subject to increase after consummation.
5 Collegiate loan amount is dependent on the loan product, other financial aid, creditworthiness and other factors. Aggregate loan limits apply. Annual loan limits for temporary resident aliens apply and are based on product. The cost of attendance is determined and certified by the educational institution.
6 Wells Fargo Student Loan for Career and community Colleges loan amount maximum is $20,000 per year depending on the school of attendance and program of study.
Deposit products offered by Wells Fargo Bank, N.A., Member FDIC
