Wachovia Education Loan^SM

The Wachovia Education Loan is the flexible, affordable way to pay for education costs that go beyond the reach of federal programs. Designed for undergraduate, graduate, professional and international students, the Wachovia Education Loan includes the following advantages:

ZERO fees for ALL borrowers


Interest rates as low as Prime minus 1%


Borrow up to the cost of education less other aid received


Fund past-due balances up to 3 years old


Flexible repayment terms – take up to 20 years to repay


Apply online in minutes and be approved in seconds!


Higher approval rates


New graduated repayment option offers lower payments for up to 2 years


Co-borrowers can be released after 48 scheduled payments are made on time

Apply Now for a Wachovia Education Loan

For more information

* The variable interest rate is based on the highest domestic Prime Rate as published in the "Money Rates" table of The Wall Street Journal less a margin of 0.50% for qualifying borrowers. The variable interest rate is set quarterly based on the Prime Rate published on the first business day of the last month of the prior calendar quarter. Interest rate reduced an additional 0.50% when loan payments are made using auto debit. With this rate reduction, qualified borrowers receive Prime minus 1%.