Loans (US)

College Ave Student Loans review

This College Ave Student Loans review post will show you how to get a better student loan experience that fits your budget and goals, whether you are a student or parent!

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by Aline Augusto

Published on 01/10/2022

College Ave Student Loans: a better student loan experience designed for you!

Read our College Ave Student Loans review. Source: Facebook College Ave Student Loans.
Read our College Ave Student Loans review. Source: Facebook College Ave Student Loans.

It doesn’t matter if you are a student or parent of one: you need to think about the future. Graduating from college can be challenging for both financial and effort reasons. In this College Ave Student Loans review, you’ll learn more about private student loans that will take the stress out of the process.

And the best of all is that the rates and fees are affordable and the terms are flexible. 

Please keep reading to learn all about it!

APRUndergraduate Student Loans: rates from 0.94% to 12.99%;
Graduate Student Loans: rates from 1.99% to 11.98%;
Parent Loans: rates from 1.04% to 12.99%;
Refinancing: rates from 2.94% to 4.94%
Loan PurposePersonal – for students who want to make payments while in school, or who need to refinance it
Loan AmountsMinimum of $1,000
Credit NeededApproximately 600
Terms5, 8, 10, and 15 years
Origination FeeNone
Late Fee5% of the amount due, or $25, whichever is less
Early Payoff PenaltyNone
Desenho de pessoa usando computador e logo College Ave Student Loans

How to apply for the College Ave Student Loans?

Get a loan designed for you at College Ave Student Loans! Learn how to apply for it!

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How does the College Ave Student Loans work?

Loans for undergraduate, graduate students, and parents. Source: Twitter College Ave Student Loans.
Loans for undergraduate, graduate students, and parents. Source: Twitter College Ave Student Loans.

College Ave Student Loans offers a variety of loans types, including amounts, terms, and rates designed for undergraduate students, graduate ones, and parents.

It features a fast application, rapid approval, and you get a loan with no origination fees or early payoff penalty.

Also, it charges low fixed and variable APRs, with flexible terms ranging from five, eight, ten, and fifteen years periods.

No annual fee is charged, but a mid-600s credit score and a credit check are required.

Plus, it provides you with tools and excellent customer service to help you through this process.

College Ave Student Loans benefits

See what are the benefits of the College Ave Student Loans. Source: Canva.
See what are the benefits of the College Ave Student Loans. Source: Canva.

There are no origination or early payoff penalty fees. Moreover, it features different types of loans for undergraduate, graduate students, and parents.

It offers a variety of options to repay term length. And both fixed and variable APR are competitive compared to the market.

Furthermore, it provides you with resources and tools like articles that help you understand rates, loan processes, and more.

On the other hand, you must know that you have to be halfway through your repayment term before requesting a co-signer release.

Pros

  • It offers loans for undergraduate and graduate students;
  • It provides loans for parents;
  • There are no origination fees and early payoff penalty fees whatsoever;
  • It offers career programs and refinancing;
  • You can pre-qualify before applying for it;
  • It features flexible repayment options at low costs.

Cons

  • You have to be at least halfway through your repayment term before requesting a co-signer release;
  • There is a late payment fee;
  • Mid-600s and credit checks are required.

Should you apply for College Ave Student Loans? 

If you are a student or parent of one and want to make payments while in the school, considering this lender might be worth it for you.

Can anyone apply for a loan at College Ave Student?

You must be a U.S. citizen or a permanent resident registered at least half-time at an accredited institution to apply for it. International students can also apply for it if they have a Social Security Number or a co-signer.

In addition, you need to secure satisfactory academic progress.

What credit score do you need for College Ave Student Loans?

You should know, also, that a mid-600s credit score is recommended for applying for a loan.

How to apply for a College Ave Student Loan?

If you are a student or a parent, or even if you are looking for a loan refinancing, College Ave Student Loans might be worth considering. So, learn how to apply for it by reading the post below!

Desenho de pessoa usando computador e logo College Ave Student Loans

How to apply for the College Ave Student Loans?

Get a loan designed for you at College Ave Student Loans! Learn how to apply for it!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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