HOW CAN I SAVE MONEY ON THIS LOAN?
At Wachovia, we offer exclusive repayment rewards to all of our Parent PLUS Loan customers.
Wachovia Gives You Three Big Principal Reductions:
1% rebate at the start of repayment
1% rebate after 12 scheduled payments
1.5% rebate after 24 scheduled payments
When these rebates are combined and applied to your outstanding loan balance, your savings can increase up to 7.25% of your original loan amount over the life of the loan.1
To qualify for repayment rebates, you simply need to make consecutive, on-time loan payments using automatic payment from your bank account.
Your Estimated Savings
Because these rebates reduce your total loan balance, you pay less interest over the life of your loan.2
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7.25% | 7.25% | 7.25% | 7.25% | $363 | $580 | $725 | $1,450 |
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State-Specific Savings
Special Savings for New England
If your child is attending school in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island or Vermont, follow this link to learn more about our special savings.
Special Savings for Pennsylvania
If your child is attending school in Pennsylvania, follow this link to learn more about our Pennsylvania PLUS Loan savings program.
Ready to apply?
Use our fast online application or call us toll-free at (877) 689-0763.
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