Wells Fargo Education Connection® Loan
| Education Loan |
| Why students choose this loan | |
|---|---|
| Cover your education costs | You can use the Wells Fargo Education Connection Loan1 in addition to a federal loan to cover your education costs. Or you may use this loan instead of a federal loan if you are enrolled less than half-time or will not be completing the FAFSA. |
| No fees | No origination, disbursement, or early payment fees. Unlike some other lenders, we don’t deduct anything from the amount you borrow. |
| No payments until you leave school | No payments are due until six months after you leave school.2 |
| The loan money goes directly to you | In most cases, we’ll send your loan money directly to you in one lump sum to use for tuition and other education-related expenses. |
Apply now and get an instant credit decision! See a detailed checklist of what you'll need to apply online.
| Additional features and benefits | |
|---|---|
| How much you can borrow | $1,000 - $25,000 annually, based on the cost of education (tuition, room and board, books, etc.). The aggregate loan limit is $100,000 including all other educational debt. This loan does not require your school to certify the amount you’re borrowing. |
| Competitive annual percentage rate (APR) | Variable APR, based on credit. Lower your interest rate when you pay responsibly. |
| Expert Wells Fargo service | Unlike other lenders, we service our loans from application through repayment, so you get:
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| Who can apply | You must be seeking a degree, technical certification, or multi-course certificate, and meet other eligibility requirements. Most students will need a cosigner for this loan. |
| Education Loan |
1 Loan subject to qualification.
2 The maximum in-school period is five years after the date of first disbursement.
2 The maximum in-school period is five years after the date of first disbursement.
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