- Make no payments until six months after leaving law school.
- Pay no application, origination, or early repayment fees.
- Select a competitive fixed or variable interest rate option.
- Reduce your loan cost with our interest rate discounts.
No payments are required until six months after you leave law school, plus you’ll have up to 7 years to repay the loan.
There is no application or origination fee, and no penalty for paying off your loan early.
All qualified applicants may choose between two competitive rates:
See examples of today's rates
Learn more about how to take advantage of these student loan discounts.
You can borrow up to $12,000 with this loan. The lifetime limit for this loan combined with all other education-related debt is $180,000.
Estimate how much you may need to cover your education cost:
How much you may need to borrow
Decide how much student loan debt you can manage based on your expected starting salary:
Loan debt vs. earning power
We also provide discounts designed to help you lower your interest rate and pay less over the life of your loan.
Variable interest rates are based on market conditions, so if market rates go up or down, so do your interest rate and monthly payments. Fixed interest rates stay the same over the life of the loan.
In the examples below, you can see a $10,000 loan, assuming:
Monthly payment could be:
Your interest rate will be determined by several factors when you apply, most importantly your credit history.
Your interest rate options will be presented to you during the application process, at which point you can choose between a specific variable interest rate and specific fixed interest rate.
To be eligible:
Wells Fargo private student loans are subject to credit qualification, completion of a loan application/consumer credit agreement, verification of application information, and if applicable self-certification form, school certification of loan amount, and student’s enrollment at a Wells Fargo-participating school.
Students are not required to make payments while in school; repayment begins six months after you graduate or leave school. The maximum in-school period is three years after the date of first disbursement. Interest continues to accrue during any deferment periods and is capitalized to the account upon entering repayment.
Interest Rate Discounts:
Discounts eligible at time of application: You may qualify for an interest rate discount if you or your cosigner has any of the following Wells Fargo products prior to your Final Loan Disclosure being issued:
Only one qualifying relationship discount will apply. You will automatically receive the highest applicable discount. For variable interest rate loans, if the qualifying relationship ends, the interest rate may be reset to reflect the removal of the discount.
Discount eligible during repayment: Interest rate discount is effective once you qualify for the discount – your monthly payment amount is adjusted at a later time.
Wells Fargo reserves the right to modify or discontinue interest rate discount program(s) for future loans or to discontinue loan programs at any time without notice. For details, including eligibility requirements, visit us at wellsfargo.com/student or call 1-800-378-5526.
The quoted APR includes a 0.25% discount for having a prior student loan with Wells Fargo or a qualified Wells Fargo Checking Package®. Variable interest rates are based on an Index, plus a margin. The Index is equal to the Prime rate published in the Wall Street Journal "Money Rates" section on the last business day of the preceding month, effective the first day of the following month through the last day of the month. If the Prime rate changes, it will change monthly on the first day of each month. However, the Index is subject to a contractual minimum of 3.25%.
Annual Percentage Rates and payments are representative samples for educational purposes only, and do not reflect current or actual loan rate offers or available percentage rates.