Students are not required to make payments while in school. Repayment begins 6 months after you graduate or leave school. 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. For the Wells Fargo Student Loan for Parents and the Wells Fargo Private ConsolidationSM Loan, repayment begins after funds are disbursed. Maximum in-school periods apply and vary based on loan product. Interest continues to accrue during any in school period and will be capitalized to the account upon entering repayment.
Loan amount is dependent on the loan product, other financial aid, creditworthiness, and other factors. Aggregate and annual loan limits may apply. The cost of attendance is determined and certified by the educational institution.
Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.