How to Pay Your Wells Fargo Student Loan Bill

College graduates face many financial decisions, including how to manage student loan payments If you have Wells Fargo student loans, you have options to pay your bill conveniently online, by mail, or over the phone. This guide covers tips for organizing your Wells Fargo student loan accounts and setting up payments

Get Organized

The first step is gathering all your student loan paperwork so you understand the terms of your Wells Fargo loans. This includes:

Loan amounts
Interest rates
Payment due dates
Payment amounts
Account numbers

Having these details in one place lets you budget for monthly payments and choose a payment method. If you have loans from multiple lenders, keep records for each one separately.

Online Account Access

Wells Fargo gives you digital access to your student loan account information by setting up online banking

View your current balance
See payment history
Access tax documents
Manage account settings

Register for online banking to take control of your student loan account. You can also enroll in paperless statements to get everything online.

Pay Online

The Wells Fargo online portal allows you to easily pay your student loan bill electronically. To pay online:

Login to online banking
Locate and select your student loan account
Choose “Make payment”
Enter payment amount and submit

Online payments from your bank account are fast and guarantee your payment is on time. You avoid mailing delays and late fees. Set up one-time or recurring payments.

Pay By Mail

If you prefer to mail your payments, you can send a physical check to Wells Fargo each month.

Include your printed payment slip from your statement
Make checks payable to Wells Fargo
Write your loan account number on your check
Mail your payment at least 5-7 days before the due date

Just be aware that mail delivery times can be inconsistent. Stick to mailing 5-7 days early to avoid late fees.

Pay By Phone

In addition to online and mail, Wells Fargo offers an automated phone system for paying student loans. Simply call the phone number listed on your statement and follow the prompts.

You’ll need to enter your account number, payment amount, and debit/credit card details. Phone payments let you take care of a payment immediately without logging in online.

Auto-Pay

For convenient hands-off payments, enroll in Auto-Pay through your Wells Fargo account. This automatically debits your monthly loan payment from a checking account.

Once set up, Auto-Pay ensures your loan stays current without you having to do anything. Just verify you have enough funds in your linked account each month.

Avoid Late Fees

To avoid late fees, follow this payment timeline:

Schedule online payments 5 days before the due date.
Mail physical checks 7 days before the due date.
Pay via phone by 5 PM CT on the due date.
If mailing on the due date, request proof of postmark.
Contact Wells Fargo immediately if you expect to miss a payment due to financial hardship.

Staying organized and planning ahead prevents costly late fees on your student loan account.

Get Student Loan Help

Managing student loan payments takes diligence. If you face difficulties, contact Wells Fargo right away to discuss options like loan consolidation, deferment, or alternative repayment plans. Don’t let your loans become delinquent before seeking help.

Take control of your Wells Fargo student loans by understanding your account details, choosing a convenient payment method, and budgeting for on-time monthly payments.

Wells Fargo Student Loan Bill Pay

Pay off debt with higher interest rates first

The interest rates you have on your loans probably are all different. If you direct any extra money to your highest interest rate loan first, you may pay off your loan faster and pay less interest.

Refinancing all your existing federal and/or private student loans into one new private consolidation loan can potentially reduce your monthly payment and help simplify your monthly payments. The payment reduction may come from a lower interest rate, a longer loan term, or a combination of both. By extending the loan term you may pay more in interest over the life of the loan.

Know when to ask for help

If you’re facing financial hardship and find it difficult to make your private student loan payments, you might be able to apply for forbearance. Forbearance isn’t forgiveness – you’ll ultimately have to pay the loan in full. But this may allow you to postpone your payments and ease your current cash crunch. Federal loans offer deferment options for certain circumstances such as military service, in addition to several repayment options so check with your loan servicer or the U.S. Department of Education to learn more.

Setting up a plan and paying off your student loans as soon as possible will help you free up valuable cash for life’s other necessities.

How I STOPPED MY STUDENT LOAN PAYMENTS WITH WELLS FARGO?

FAQ

What happened to Wells Fargo student loans?

In 2020, Wells Fargo exited the student loan market and transferred its $10 billion loan portfolio to Firstmark Services, a division of Nelnet Bank. Borrowers’ loans remained unchanged in terms of interest rates and repayment schedules, but the loan servicer is now Firstmark.

Where is my student loan bill?

At StudentAid.gov, you can find: Your student loan amounts and balances. Your loan servicer(s) and their contact information.

How do I pay my Wells Fargo student loans?

If you took out Wells Fargo student loans before the bank sold its education lending segment, you have two options: Make payments through Firstmark. After your Wells Fargo loans were transferred over, you should have received a notification with details on how to view your account and make payments in the mail.

How do I pay my Wells Fargo bills online?

Use Wells Fargo’s online payments services to simplify paying bills and to streamline your monthly credit card and mortgage payments. You can even share the tab for dinner with friends. Pay almost any bill, anytime, with Bill Pay. Schedule a one-time payment, or set up recurring payments and have your bills paid automatically.

Does Wells Fargo offer student loans?

Commissions do not affect our editors’ opinions or evaluations. Wells Fargo offers checking and savings accounts, mortgages, personal loans and other financial products. However, it announced the end of its student loan services in 2020. What Happened to Wells Fargo Student Loans?

How do I pay my Wells Fargo credit card?

Your Wells Fargo Credit Cards and loans are already there! Schedule your payments, amounts to pay, and when to pay them. Set up auto pay, and we’ll take care of the bill. You set the rules on timing and amount, and we follow them. We send your payments as you tell us, and confirm with an email.

What if I can’t make payments on my student loans?

If you can’t make payments on your student loans, contact your lender to discuss your payment options. You may be eligible to consolidate multiple student loans or refinance a single student loan to set up a lower monthly payment with a reduced interest rate or an extended repayment term.