Undergrad & Grad Career Loans

Our Career Loan with Success Rewards® can cover up to 100% of your cost of attendance1 for students in associates, bachelors and graduate programs at select colleges and universities.

Variable Rates

3.37% - 15.72% APR

Fixed rates icon

Fixed Rates

3.99% - 15.82% APR

(all rates shown include auto-pay discounts)2

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Variable vs. Fixed Rates: Which is right for you

It’s important to understand the difference between variable interest rates and fixed interest rates on student loans. Learn the basics so you can pick the best one for you with confidence.

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Pursuing a graduate degree in health care?

Check out our Career Loan for Graduate Health Professions which offers longer repayment terms and the option to defer for up to an additional 48 months for residency or fellowship.

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diverse group of people
Rates & Repayment

You Want Options.
We've Got Them.

With more repayment options, the less you have to worry. Why? Because the way you repay your loan drives how much you’ll save in the end. And if you start making payments sooner–or pay more each month–you can lower the cost of the loan over time.

This way you’ll feel confident that when you make your monthly payment it’s working extra-hard for you.

Repayment Options

Full Principal & Interest Payment

Start repaying your principal and interest right away to save the most.

Keypoints
  • Highest in-school payment
  • Lowest overall cost
Interest Only Payment

Pay the interest charges each month as you go during school.

Keypoints
  • Moderate in-school payment
Flat Payment

Make $25 payments each month4 during school to reduce your accrued interest.

Keypoints
  • Lowest in-school payment
Deferred Payment

No in-school payments required, but you'll pay more in interest over the life of your loan.

Keypoints
  • No in-school payment
  • Highest overall cost

Loan Payments on Your Terms5

How many years will it take you to pay back your undergraduate loan? With us, you choose the loan term that works best for you.

Save more
Save More Overall

Save on total interest but make bigger monthly payments

  • 5 years
  • 8 years
  • 10 years
  • 15 years
Pay Less
Pay Less Monthly

Make smaller monthly payments but pay more in interest overall

Cosigning Made Easy

Learn About Cosigning

Usually, students don’t have the credit or income requirements to qualify for a private loan by themselves, so a parent or other adult with good credit will need to cosign the private student loan. This way, both the student and cosigner share equal responsibility for the loan.

calculator

See Your Loan in Action

Put anxiety on the sideline when you see what your future loan will look like and how you can make your loan work for you. We’ll show you all your options and rates so there are no unexpected surprises.

Calculate Your Loan!

Feeling Stressed?
We've Got A Better Process.

person using a laptop to research
in-school payments
person browsing College Ave Student Loans application loan options
car driving
Auto-pay set up

90 Days Before School Starts

Think about how much money you’ll need to borrow and who might cosign the loan with you.

60 Days Before School Starts

Start shopping around for the best loan by getting quotes, rates and terms from several lenders and know for sure who your cosigner will be.

30 Days Before School Starts

Apply for your student loan. Once approved we’ll work with your school directly to certify the loan.

10 Days Before School Starts

Make sure you’ve received confirmation that the money is scheduled to be sent to your school.

30 Days After the Money is Sent to Your School

Be on the lookout for your first loan statement. If you’re making payments right away, consider signing up for autopay.

8 Things You Need To Know About College Award Letters

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How We Compare With Other Lenders

Lenders

College ave student loans
Discover
Sallie Mae
Number of Repayment Options
4
4
3
Choice of loan terms (years you take to repay)
Yes
No
No
Apply In 3 Minutes
Yes
No
No
Fees To Apply
None
None
None
Choice of Fixed or Variable Interest Rates
Yes
Yes
Yes

Comparisons based on information obtained on lenders' websites as of November 1, 2022.

College ave student loans

Number of Repayment Options

4

Choice of loan terms (years you take to repay)

Yes

Apply In 3 Minutes

Yes

Fees To Apply

None

Choice of Fixed or Variable Interest Rates

Yes
Discover

4

No
No

None

Yes
Sallie Mae

3

No
No

None

Yes

Comparisons based on information obtained on lenders' websites as of November 1, 2022.

FF

Francisco F.

star icon star icon star icon star icon star icon
Very satisfied customer

I'm very happy with College Ave. They are very helpful, precisely and they really work with you. And is true when they tell you, you can get approved I three minutes. Another thing when you called them they are there for you and they answered any questions you have.

SR

Steven R.

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Easy, accurate, do what they promise

The online process was very easy, I had an answer in a couple of days. They have many choices of repayment plans to best fit your needs. Plus, they offer 0.25% off when signing up for automatic payments; I didn't have to do anything to request it--they just applied the discount automatically a few days later. If needed, I would use them again. Highly recommended

RT

Ruth T.

star icon star icon star icon star icon star icon
Great Experience

The process was very fast and user friendly. It was stress free.

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You’ve Got This, We’ve Got You

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Are international students or cosigners eligible for your loans?

International students with a valid US social security number are eligible to apply for a student loan with College Ave Student Loans.

In order to be approved for a College Ave student loan, an international student will be required to apply with a qualified cosigner.

How much of my education costs will this loan cover?

Credit-worthy applicants can borrow up to 100% of the school-certified cost of attendance, which typically includes things like tuition and fees, books and supplies, room and board, transportation and personal expenses. The minimum amount you can borrow is $1,000.1

  1. As certified by your school and less any other financial aid you might receive. Minimum $1,000.
  2. $150 cash back will be applied as a statement credit to your College Ave Career Loan upon validation that you have completed your degree program. Please see complete details in the College Ave Career Loan with Success Rewards® Terms & Conditions.
  3. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.
  4. This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
  5. This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7% variable Annual Percentage Rate (“APR”): 96 monthly payments of $179.28 while in the repayment period, for a total amount of payments of $17,211.20. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.