Consolidating student loan programs

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If a consolidation loan borrower dies or becomes totally and permanently disabled, and that individual was a student borrower on loan(s) included in the consolidation loan, the amount forgiven will correspond to the outstanding balance of any underlying loan(s) made to that individual.You will receive a billing statement in the mail after your loans have been successfully consolidated and loan proceeds have been disbursed to your prior loan servicers.See general rate examples – Our basic calculator shows rate and payment range estimates and requires no personal information.Interest Rate Discounts: Discount eligible during application: You may qualify for a relationship interest rate discount if you or your cosigner (if applicable) has any of the following with Wells Fargo prior to your Final Loan Disclosure being issued: The quoted Annual Percentage Rate (APR) "with discount" includes a customer interest rate discount of 0.25% for having a prior student loan with Wells Fargo or a qualified Wells Fargo consumer checking account and requires a 5-year term. Repayment term options may include 5, 7, 10, 15 and 20 years based on credit qualifications.Fixed interest rates stay the same over the life of the loan. They can answer questions and help guide you through the process.

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Keep in mind that extending the repayment term may increase the total amount you pay over the life of the loan.Consolidating your federal and/or private student loans with Wells Fargo may help you take control of your finances by creating a single private loan with a new interest rate, one monthly payment, and a new repayment term of your choice.A single eligible loan can also be refinanced with the You can include federal and/or private student loan debt from Wells Fargo or another lender, including: Federal Direct loans, Federal Stafford Loans (subsidized and unsubsidized) and Federal PLUS loans.Actual APR based on repayment term selected and the creditworthiness of you, and of your cosigner, if applicable.Repayment terms options may include 5, 7, 10, 15 and 20 years based on the amount of your loan and the credit qualifications of you, and your cosigner, if applicable.

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