Wells-Fargo has different types of loans available for the undergrad, graduate ,health and professional students. Generally,private student loans should be looked at as an option after you have tried to seek all federal loans, grants and scholarships but school expenses cannot be covered.
Interest Rates
Interest rates vary for each loan. The undergraduate loan rates will vary , the lowest is 3.40% and the highest is 5.68% A.P.R. Usually, applicants with bad credit scores are given higher interest rates than those with lower credit scores. To get a better interest rate, try getting a cosigner for the loan. Like the undergraduate loan, the interest rate for graduate students loans vary between 3.40-5.68 APR. Loans for health and professional students there are variable rates between 4.60%-7.56 %APR. The applicant's parents, friend , family member can also get a loan to help finance the education of the student. This interest rate for this loan can be as low as 4% but fixed rates are aldo available.
