Wells Fargo Grace Period Student Loans

Education financial services is a division of wells fargo that is responsible for the bank s student lending operations.

Wells fargo grace period student loans. You can apply for the wells fargo student loan for parents online or by calling 1 800 658 3567. Unless you choose to pay using one of the methods listed above wells fargo will distribute your payment as described in how payments are distributed across multiple. Also consider paying off other debts during your grace period so that you can focus on student loans when they re due. Education financial services both originates and services private student loans and currently serves approximately 1 3 million consumers in all 50 states.

It will no longer offer any student loans products after jan. Wells fargo is a national bank headquartered in sioux falls s d. For the wells fargo student loan for parents and the wells fargo private consolidation sm loan repayment begins after funds are. The wells fargo student loan for parents is an option for parents or sponsors who want to finance their child s college education using a private student loan.

Wells fargo offers refinancing and private student loans only to existing wells fargo private student loan borrowers. Call us at 1 800 658 3567 to speak to a representative. For the medcap alternative loan for health professionals and the medcap xtra loan allopathic and osteopathic medical students have a grace period of 36 months designed for residency completion after graduation. The grace period on private student loans is.

The bank agreed to pay a penalty of 3 6 million to the consumer. Select the student loans you would like to pay using wells fargo online. To get a better sense of what your payments will be try using wells fargo s student loan calculator and loan repayment calculators. Wells fargo will pay 4 million after the government found it charged some of its student loan borrowers illegal late fees.

Provider of banking mortgage investing credit card and personal small business and commercial financial services. To get started apply now and indicate that you are a parent. Private student loans through wells fargo may be repaid for up to 15 years while the consolidation loan has terms of five seven 10 15 or 20 years. Visit a local wells fargo banking location.