Great option for consolidating debt
Parent Plus Loan Consolidation
If you helped finance your child’s education through a high-interest Parent PLUS or private parent loan, we can help. Gain the freedom to focus on your other financial goals.
Key Features of a Parent Plus Loan Consolidation
Competitive Interest Rates
Replace those high-interest rates with one that fits your budget and lifestyle.
15 Minutes & Done
Complete your entire application online in under 15 minutes.
Refinance a Little or a Lot
Refinance as little as $2,000 or up to $175,000.
Additional Features and Benefits
No origination fees
Pay no application or origination fees.
Fixed & variable rate options
Choose from variable and fixed rate loan options.
Rate discount
Receive a 0.25% rate discount with automatic payments from your WSFS checking account.
Interest Rates
| Term | Credit tier | Variable rate[1] | Fixed rate[1] |
|---|---|---|---|
| 5 Years | Tier 1 | Prime | 8.02% APR |
| 5 Years | Tier 2 | Prime | 8.12% APR |
| 5 Years | Tier 3 | Prime | 8.32% APR |
| 5 Years | Tier 4 | Prime + 0.50% APR | 8.72% APR |
| 5 Years | Tier 5 | Prime + 1.50% APR | 9.52% APR |
| 10 Years | Tier 1 | Prime + 0.25% APR | 8.52% APR |
| 10 Years | Tier 2 | Prime + 0.25% APR | 8.62% APR |
| 10 Years | Tier 3 | Prime + 0.25% APR | 8.82% APR |
| 10 Years | Tier 4 | Prime + 0.75% APR | 9.22% APR |
| 10 Years | Tier 5 | Prime + 1.75% APR | 10.02% APR |
| 15 Years | Tier 1 | Prime + 0.50% APR | 8.72% APR |
| 15 Years | Tier 2 | Prime + 0.50% APR | 8.82% APR |
| 15 Years | Tier 3 | Prime + 0.50% APR | 9.02% APR |
| 15 Years | Tier 4 | Prime + 1.00% APR | 9.42% APR |
| 15 Years | Tier 5 | Prime + 2.00% APR | 10.22% APR |
Parent Plus Loan Consolidation Application Process
Choose what is most convenient for you.
Apply online
Enter the requested information online to determine your eligibility.
Apply over the phone
Prefer to speak with someone from the Student Loan Center about Private Student Loans?
