Private Parent Student Loan

Until now, only students could qualify for most private student loans. Parents who wanted to help with college costs had to tap into other resources such as investments, home equity or other forms of consumer credit. Now there is a new option – the Wells Fargo® Student Loan for Parents with variable rates as low as 3.50% APR.  Apply today!

Parent Private Loan Benefits and Features

• Variable rates as low as 3.50% APR
• Further reduce your repayment interest rate with automatic loan payments ²
• Interest payments may be tax deductible ³
• Receive up to $25,000 per academic year ⁴
• No application, origination, or early repayment fees

Apply Online for the Wells Fargo Parent Loan

Expert service

• Quick and easy online loan application
• Student Loan specialists ready to help you
• One bank for all your financial needs

Eligibility Requirements

You must:

• Apply on behalf of a student who is enrolled as an undergraduate or graduate student at an eligible school and seeking a degree.
• Meet credit history, income, and employment requirements.
• Be a U.S. citizen.

Loans subject to qualification.

¹ Loans subject to qualification.

² 0.25% interest rate reduction to borrowers who pay by continuous automatic debit from a personal bank account. For complete terms and conditions for borrower rewards applicability and eligibility please refer to wellsfargo.com/student.

³ Wells Fargo does not provide tax advice. Please see your tax advisor to determine how this information may apply to your own situation.

⁴ The annual loan limit is $25,000. Aggregate loan limits also apply.