Apply online for an affordable student loan from Wachovia
Federal Parent PLUS Loan
Thank you for choosing Wachovia. We work closely with
students and parents to make covering education costs a fast, friendly process.
The Parent PLUS Loan from Wachovia is an affordable, fixed-rate loan designed to help parents pay for their child's undergraduate education.
Program Benefits1
Instant 1% savingswith zero default fee (Wachovia has selected TGSLC as our guarantor who currently subsidizes the federal default fee, and parents will not be charged a federal default fee as long as TGSLC maintains its fee subsidization policy).
Low fixed interest rate of 8.5%
Elect to make no payments while your child is enrolled in school and during the 6 month grace period
Borrow up to a student’s total cost of attendance minus other aid received
Eligibility is not based on household income, so all parents may apply
Online application for faster funds
Questions? We Can Help!
At Wachovia, we are delighted to help our customers with questions or concerns. We look forward to hearing from you.
