College Ave Student Loans Review

Overview

Helping to bridge gaps in funding, pay for summer classes, or cover sudden expenses, College Ave offers private student loans for you to take advantage of. Perfect for undergraduates and graduate students alike, these private loans will fit seamlessly into your budget and will give you the financial freedom necessary to accomplish all of your educational goals. With College Ave, the application process is simple, painless, and comes with no unexpected surprises, so you can breathe easy and start getting excited for your upcoming classes.

Types of Loans Offered

College Ave offers a wide range of loan types for you to explore, and they have specialized options available depending on what you are pursuing. Those who are just beginning their post-secondary journey and are looking to enroll in an undergraduate program will be welcome to apply for a loan that can help them cover everything from tuition to books, housing, and more. Likewise, graduate students will also have unique options available that will offer peace of mind while you pursue an advanced degree in your career of choice. 

Offering flexible options for everyone, College Ave makes it easier for you to pursue your degree, and their selection of loan types are designed to fit every budget and every need. These award-winning solutions have been tailored for all types of students, and currently College Ave is suitable for:

• Undergraduate Student Loans
• Graduate Student Loans
• MBA Student Loans
• Medical School Student Loans
• Dental School Student Loans
• Law School Student Loans
• Grad Health Student Loans
• Career Student Loans
• Parent Student Loans

If any of these options sound like they may relate to you then you are encouraged to reach out directly to College Ave to discuss your future directly with them. Applying is simple and can all be done online, taking only a few minutes of your time to complete the form. Within minutes you will know if you prequalify for a private loan, and be shown the rates and terms you are eligible for. There is no commitment to continue unless you want to, and the initial application will not require a hard credit check. This is a risk-free opportunity to explore private funding and see if College Ave is the right choice for your educational needs. 

Student Loan Refinancing

Already finished your education but are left with student loan debt that features less than favorable terms? College Ave may be able to assist. With student loan refinancing you may be able to swap your current rates and terms for lower options that can help to save you money each month. 

Refinancing is something commonly done with other types of debts, such as with mortgages or car payments, but is overlooked for student loan debt. However, this accessible opportunity could help lower your interest rate and even lead to you paying off what you owe faster than before. With nothing to lose, College Ave charges no application or origination fees and you are welcome to apply for free online to see if you qualify. Those who do qualify may be able to take advantage of low fixed or variable rates and even lower interest rates when choosing auto-pay. 

Unsure if refinancing is the right avenue for you? The College Ave website has free calculators for you to use that will give you a quick way of seeing how much you could potentially save. Although these can only provide you with an estimate, they are a great way of looking at the math for yourself before you make any decisions on whether or not it's worth applying. Should you then decide that it makes financial sense, the online College Ave application takes only a few minutes to fill out and you can even speak directly with a representative if you have additional questions or concerns.

Application Process & Requirments

Applying for school and pursuing higher education can be overwhelming, which is why College Ave wants to make life easier where they can. Their simple application process and quick responses takes that weight off of your shoulders so you can know in minutes whether or not you qualify. 

To get started, all you need to do is visit the College Ave website and click on their “Apply” button. This will take you to a new screen where you can select the type of loan you are interested in applying for, as well as note whether you are a student borrower or a cosigner. College Ave does accept co-signers on their private loans which may help you to qualify for lower rates or terms. Those with poor credit, a lack of credit history, or other mitigating factors may find that a co-signer is necessary - something that can be discussed during your application process.

Those who choose not to use a co-signer will need to meet some minimum requirements in order to be approved, which include:

• Credit score in the mid-600s
• Several years of positive credit history
• A debt-to-income ratio below 80%
• No history of bankruptcy
• US citizenship or permanent residency

Applications for private loans through College Ave should be submitted approximately 30 days prior to when your classes will begin. You can always apply sooner than this as well, but make sure you do not leave it too late as you want to be approved and have your funds disbursed before your deadlines expire. Since the application only takes 3 minutes to fill out and submit, there is no reason to delay and you can find out the rates and terms you qualify for quickly and easily online.

Rates & Terms

What rates and terms you will qualify for will depend on a number of unique factors, such as your credit history, current debt, whether or not you have a cosigner, and more. Thankfully, the quick, 3-minute application process will be able to give you an accurate look at what you can expect to pay and will be the perfect opportunity to see if College Ave is right for your needs and your budget. 

Rates do change depending on market fluctuations, but you can view current rate options directly on the College Ave website. They have made a noticeable effort to remain completely transparent and upfront, so there are no unexpected costs or surprises down the road. As an award-winning private lender for student loans, College Ave goes above and beyond to make everything as simple and straightforward as possible, including all information about interest rates and potential discounts. 

College Ave does have options available for both variable and fixed rate loans, as well as flexible payment terms. Those who choose to enroll in auto-pay for their monthly repayments can also take advantage of an additional discount which lowers their overall interest rates even further. This discount, as well as your qualifying rates, will all be explained to you during the application process or you can opt to speak with a representative directly to learn more.

Bottom Line

Pursuing a secondary education can be extremely overwhelming and there is so much to do before your semester begins. From deciding on a career path to selecting your classes, picking your housing accommodations to securing your funding, the list of things you need to do can feel like it’s never-ending. Thankfully, College Ave is here to make one aspect of your life easier by offering simple and straightforward private loans for you to take advantage of. Featuring no complicated terms or hidden fees, College Ave can help bridge that gap so you can get the degree of your dreams without worrying about the financial impact. 

To learn more about what College Ave offers, or to fill out a quick 3-minute application and see if you personally qualify, you can visit their website directly. There you can explore all of the loan types they have available and see what their current fixed and variable rates are. There is no pressure to commit to a loan unless you want to, and there is no risk or cost associated with pre-qualifying. Simple, safe, and known for their award-winning customer service, College Ave is here to make your next semester an A+ experience.

 College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

(1) All rates shown include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit.

(2) As certified by your school and less any other financial aid you might receive. Minimum $1,000.

Information advertised valid as of 03/03/25. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.