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 NSLP as our guarantor who currently subsidizes the federal default fee, and Creighton University students will not be charged a federal default fee as long as NSLP 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.
1 The information included on this page is applicable to loans first disbursed on or after July 1, 2009.
Federal education loans are originated by Wachovia Education Finance, Inc. Private education loans are originated by Wells Fargo Bank, N.A.
Equal Credit Opportunity Lenders