College Ave Student Loans Reviews
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About College Ave Student Loans
College Ave Student Loans is a private lender that works with students and parents to provide custom student loans. It offers undergraduate student loans, graduate student loans, parent loans, career loans and refinancing. College Ave has fixed and variable rates, and it doesn’t charge origination or application fees.
- Flexible loan options
- Four repayment plan methods
- Career training loans
- Refinances debts up to $300,000
- Unclear credit requirements
- Undergrads probably need cosigners
What is College Ave Student Loans?
College Ave is a student loan company offering borrowers the ability to customize loans to fit their needs. Its online application process is relatively easy and allows for a lot of flexibility in its offerings. With College Ave, undergraduates, graduates and career seekers (those in trade school) can find solutions that work for their specific needs.
How does College Ave Student Loans work?
College Ave’s loans can pay for 100% of your school-certified cost of attendance, up to $80,000 per year. This can include expenses like supplies, room, board, transportation, tuition and fees. Interested students and parents can get pre-qualified and apply on the company’s website.
College Ave Student Loans has five main offerings:
- Undergraduate loans
- Graduate loans
- Parent loans
- Career loans
- Refinancing loans
Career loans are specifically for trade schools or career training opportunities, and they may include cash-back rewards.
How to apply for College Ave Student Loans
The College Ave application process can be completed in under three minutes on the company's website. You’ll need to at least know your Social Security number, school name, estimated annual income and intended amount to complete it. The application process starts with pre-qualification, which lets you see what your rates could be like (they’re subject to change after a hard credit pull).
Once pre-qualification is complete, you have the ability to customize the loan to better fit your needs by modifying repayment terms, rates, payment types and other factors. Repayment options include:
- Full principal and interest payment
- Interest-only payment
- Flat payment
- Deferred payment
Once you have a loan you’re happy with, you can finalize your application online as well. If your credit score is less than ideal, which is common for students, you’ll likely need a cosigner to get approved. International students are also required to have a cosigner.
College Ave Student Loans rates
College Ave offers fixed-rate and variable-rate loans:
- Variable-rate undergraduate loans have APRs between 4.69% - 17.99%.
- Fixed-rate undergraduate loans have APRs between 3.47% - 17.99%.
- Variable-rate graduate loans have APRs between 4.69% - 14.49%.
- Fixed-rate graduate loans have APRs between 3.47% - 14.49%.
These numbers change for certain programs, though. For example, graduate loans fall between 3.47% and 14.49%. It’s also worth noting that some of these rates include a 0.25% discount for automatic payments. College Ave doesn’t charge application or origination fees for its loans. Rates are accurate as of January 9, 2025.
College Ave FAQ
Can I refinance a College Ave student loan?
Yes. College Ave actually offers refinancing options with fixed or variable interest rates and no application or origination fees. Rates are between 3.47% to 17.99% APR for both options, but be aware that these numbers include a 0.25% discount for automatic payments.
How much can I borrow from College Ave Student Loans?
College Ave’s online calculators go up to $80,000 per year, but your maximum loan amount will likely depend on what your school will certify.
Who can cosign for my College Ave student loan?
Anyone that’s creditworthy can potentially cosign, but College Ave doesn’t list specific credit requirements. You can check someone’s ability to cosign by getting pre-qualified.
Does College Ave Student Loans pull my credit?
Yes, it does a hard inquiry when you finish the full application. If you just want to see the rates and terms that might be available to you, College Ave offers free pre-qualification that doesn’t affect your credit.
Is College Ave Student Loans legit?
College Ave offers a relatively high level of flexibility in its loan options, making it a good choice for many people. You’ll have to pre-qualify online to know for sure if you can get one of its loans, though. Like with any other loan, you should shop around for the right rate and terms, but College Ave Student Loans might be a good option for you.
College Ave Student Loans Reviews
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- 4,788,446 reviews on ConsumerAffairs are verified.
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- 4,788,446 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Reviewed Nov. 25, 2025
College Ave shady practices for repayment resulting in increased interest and late or cancelled auto payments. Sent a check to pay off one of 4 grad loans. College ave disbursed it between all 4 loans and then cancelled automatic payment. Each and every time try to pay extra, they do this and each and every time I have to call to get automatic payments restarted and sorted out. So they say no penalty for paying extra but it's not extra since they cancel recurring payment. Totally messed with credit and adds interest if you don't stay on top of them.
Reviewed Sept. 22, 2025
I noticed College Ave is charging double the daily interest. I called in some time ago and discussed it with a rep, but felt uneasy speaking with her. I am being charged the daily interest on the loan when it was deferred, and today's daily interest every month, which seems to be double-dipping if I'm not mistaken. I asked the rep to send me the documents because it just doesn't seem right. My loan would be a lot lower than what it is right now. Also, you are not allowed to pay the loan off faster; you have to pay their interest first. $5,896 lower!!
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Reviewed Aug. 22, 2025
My son applied, was told he was approved and to sign in to pick terms. When he couldn't sign in he was told that his SSI did not match the SSI on application. (How could he be approved?) They told him to re-apply. They REFUSED to send back his original application. Refused to take just an update to the existing application. Told me (his co signer) that if I wanted to investigate it would be treated as Fraud and neither he or I would be able to apply again. It was a weird encounter!! They did tell me over 8 times during a 2 hr ordeal to re apply. These people scare me, I do not trust them.
Reviewed July 16, 2025
Terrible experience! I received a letter advertising good interest rates. After applying the rate was terrible! When we called for customer service Janette didn’t even know the address where she works. Completely disappointed.
Reviewed Sept. 1, 2023
This is a fraudulent organization. They suddenly sending me emails asking me to “complete” a loan application that I had never started. Then when I called to cancel they started immediately asking for more personally identifiable info. A fraud. Don’t trust them.
College Ave Student Loans Company Information
- Company Name:
- College Ave Student Loans
- Website:
- www.collegeavestudentloans.com