Consolidating student loans wells fargo


19-Apr-2015 08:41

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Wells Fargo can help you manage all of your Federal student loans, including the Stafford Loan, the Perkins Loan and the Federal PLUS Loan for Parents.Approved borrowers get the standard payment deferment plan as well as subsidized interest, just as they would if borrowing direct from the Federal government.But with Wells Fargo borrowers get the added convenience of personalized service and money management advice.A student loan is the obvious answer, but who should you turn to for the best service and most competitive rates?Wells Fargo offers a wide assortment of student loan programs that will help you close the gap in your college fund.When planning for your college education, it is necessary to consider all avenues of financial aid.Even if you qualify for a Federal or State grant, or a university scholarship, you will likely find yourself with some measure of unmet need.They provide private loans for students, loans for parents of college-bound students, and they also administer many Federal loans.

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For example, the Federal Stafford loan, while funded and guaranteed by the government, can be borrowed from a private lending organization like Wells Fargo.

This allows students to take advantage of the full benefits of a government loan, while having access to the personalized service that only a private lending organization can provide.

All of the standard Stafford loan requirements and benefits apply.

Applicants must be enrolled at least half-time in an accredited institution, and they must meet the required merit and need qualifications.

While the Federal government offers a number of student loans designed to make a college education more accessible to all students, it is sometimes easier to manage these loans through a private lender.

Wells Fargo works with the Federal government to administer and manage many of their student loan programs.