Wachovia
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Federal Parent PLUS Loan

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% savings with zero default fee
  • Make no payments for up to 4 years with forbearance options
  • Low fixed interest rate of 8.5%
  • Borrow up to a student’s total cost of attendance minus other aid received
  • Eligibility is not based on household income, all parents may apply
  • Parents can save up to 8.71% of their original loan amount with our repayment rewards program1
  • Online application for faster funds
Apply now  
 

Save up to
 

8.71%!

 
of the original loan amount with our repayment rewards program1

 
 

Questions? We Can Help!

At Wachovia, we are delighted to help our customers with questions or concerns. We look forward to hearing from you.

Email:  Customer Assistance
Phone:  (877) 689-0763
Web:  www.wachovia.com/education
Lender code:  830005
1This benefit program may be modified or discontinued at any time without notice. Program changes will not affect loans that qualify for the benefit prior to the time of the change. Other terms and conditions apply. Visit our Web site for complete details and eligibility requirements.
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Financial Aid Process  
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U.S. Department of Education