UNDERGRADUATE STUDENTS

Whether you're a first-year college student or working to finish your undergraduate degree, covering your education costs can be a challenge. We can help.

Federal Loans: Use these low-cost options first

Federal loans should be the first choice for all students seeking financial aid. These loans come with low fixed rates and exclusive savings from Wachovia.

Federal Stafford Loan (Apply Now)

This low-cost loan is the first choice for most undergraduate students. Take advantage of a fixed interest rate and make no payment until six months after school.

Federal Parent PLUS Loan (Apply Now)

Your parent can help you cover up to 100% of your outstanding education costs and repayment can be delayed for up to four years.

Private Loans: Easily cover your remaining expenses

Our private loans are designed to cover expenses not met by other sources of aid. Be sure to take full advantage of your federal loan options before considering a private loan.

Wachovia Undergraduate Loan (Apply Now)

With no fees¹ and rates as low as the Prime Rate minus 0.50% for qualifying customers,² this private loan can cover all costs not met by other aid programs including past-due balances. Funds will be sent to your school.

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¹ No origination or disbursement fees, or fees upon entering repayment.

² The variable interest rate is based on the Prime Rate published in “Consumer Rates and Returns to Investor” section of The Wall Street Journal on the twenty-fifth (25th) calendar day of the month immediately preceding each monthly adjustment date, less a margin of 0.50% for qualifying borrowers. For example, the Variable Rate for the month beginning January 1st will be determined by the applicable Prime Rate published on the preceding December 25th. The interest rate is reduced an additional 0.50% when scheduled payments of principal and interest 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. The auto debit benefit program may be modified or discontinued at any time without notice. Interest rate reduction terminates upon failure to make auto debit payments or loan default and/or loan transfer to the guarantor or insurer. Visit wachovia.com/studentsavings for complete benefit program details and eligibility requirements.

Federal education loans originated by Wachovia Education Finance Inc. Private education loans originated by Wachovia Bank of Delaware, N.A.

Equal Credit Opportunity Lenders