Wells Fargo Welcomes Students From Loyola University Chicago

Finance Your Education With Wells Fargo
Apply online or call 1-888-511-6364

Federal Student Loans
These loans are guaranteed by the government and are among the most affordable education financing options available today. With Wells Fargo, you’ll enjoy great customer service and free online account management tools.


    Federal PLUS Loan For Parents
    For parents of undergraduate dependent students. Parents will enjoy:
    • The opportunity to qualify regardless of income or assets
    • The option to postpone payments for up to five years while the student is enrolled at least half-time (must request forbearance annually)


    Federal PLUS Loan For Graduate And Professional Students
    If you’re a graduate student, you can combine this loan with the Federal Stafford Loan to cover the entire cost of your education. You’ll enjoy:
    • No payments while you’re in school at least half-time — and, you can request a forbearance to defer repayment for up to six months after you leave school
    • One bill when you have your federal loans through Wells Fargo. No need to juggle multiple billing statements


    All loans subject to qualification.

    Loan Calculators
    Calculate your payments and manage your loan obligations with easy online calculators.

    Debt Management
    Learn how to establish and maintain good credit.

    Budgeting Tips
    Learn how to create a budget plan for college expenses and establish good financial habits for life.


    Loyola Process of Applying for Student Loans

    • Loan Pre-approval - Applicant chooses a lender from the online list and completes the pre-approval process.
    • Promissory Note (PN) - Applicant either completes a promissory note electronically or prints the note, completes it, and mails it to the lender.
    • Promissory Note (PN) - The lender processes the promissory note.
    • Loan Certification Request - The lender sends an electronic request for loan certification to Loyola University.
    • Loan Certification - Loyola certifies the loan either when classes begin or after the lender receives the loan certification request and the PN - whichever is later.
    • Disbursement - The lender releases student loan funds to Loyola.
    • Funds Applied - Loyola applies the loan funds to the student's account.
    • Student Business Office Processes a Refund - Loyola mails a check in the amount of any remaining funds to the student's permanent home address or electronically deposits the money in a designated account.

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