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ZERO-FEE WACHOVIA EDUCATION LOANSM


Quick Facts For Qualifying Borrowers

•Interest rate as low as Prime minus 1%1
•No fees2
•Receive up to your total cost of attendance
•Make no payments while in school
•Funds can cover past-due balances

The Zero-Fee Wachovia Education Loan is a flexible, private student loan designed to cover education costs that are beyond the reach of most federal aid programs.

Undergraduates, graduate students, and international students can use this flexible, private student loan to cover 100 percent of their total cost of attendance, less other aid received.

Here's why students choose the Zero-Fee Wachovia Education Loan:

  • Enjoy Low Rates - Receive a rate as low as Prime minus 1 percent during repayment to help keep your private student loan payments affordable1
  • Pay Zero Fees - No fees are ever deducted from your private student loan amount, so you have more money to cover your education costs2
  • Make No Payments During School - Payments begin 6 months after graduation allowing you to focus on your studies and future employment instead of loan payments
  • Receive as Much as You Need - Most students can receive up to the total cost of education (including tuition and living expenses), minus any other financial aid received
  • Co-borrower Release Available - If you apply with a co-borrower, a co-borrower release option is available during repayment
  • Easy Application Process - Although completing the FAFSA is always encouraged, no federal forms are required before you apply, so applying is a snap
  • Fast Approval - Simply apply online for instant pre-approval, and we will notify your school so you receive the funds you need quickly

Need to Learn More?


Go to the following links to learn more about the Wachovia Education Loan.
How much can I borrow?
What are the rates and fees?
When do I have to start making payments?
How can I save money on this loan?
How do I qualify?

Ready to apply?

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

1 The variable interest rate is based on the highest domestic Prime Rate as published in the Money Rates table of The Wall Street Journal less a margin of 0.50 percent. The variable interest rate is set quarterly based on the Prime Rate published on the first business day of the last month of the prior calendar quarter. The interest rate is reduced an additional 0.50% when loan payments are made using auto debit. With this rate reduction, qualified borrowers receive prime minus 1%. Follow this link to review the Annual Percentage Rate (APR) and other loan terms.

2 Fees may be charged for special school programs.

Private education loans originated by Wachovia Bank of Delaware, N.A.
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