THE FEDERAL PLUS LOAN FOR PARENTS

If you’re the parent of a college student, you may be suffering from a bit of “sticker shock.” With rising tuition costs, books, housing, and computers, the numbers can really add up quickly.

But before you use your credit card or consider a second mortgage, it’s important to investigate all of your options.

The Parent PLUS Loan from Wachovia is a smart alternative. This federal loan is widely available and can cover 100 percent of your child’s education costs, minus other financial aid already awarded. This total amount can cover tuition, books, transportation, housing, and more.

By choosing us for your Parent PLUS Loan, you get:

A competitive interest rate
Exclusive savings only from Wachovia¹
Fast access to funds, including pre-approval in minutes
No collateral requirements or income limitations
Ability to defer payments up to 4 years with our forbearance option
Flexible repayment options

It’s easy to qualify.
Eligibility is not limited by household income so all parents are welcome to apply. And if you have concerns about your credit, our ParentPLUS credit counselors are trained to assist with credit issues and can help you to get approved.

Ready to apply?
Use our fast online application or call us toll-free at (877) 689-0763.

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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. Borrower is responsible for payment of applicable taxes. Earned benefits terminate upon loan default and/or loan transfer to the guarantor or insurer.

PLUS Loans originated by Wachovia Education Finance Inc.

Equal Credit Opportunity Lender