Features

College Ave Student Loans is a student loans lender based in Carol Stream, IL. It was founded in 2014 and offers student loan refinancing in 50 states across the USA (and Washington, DC). 

What are the student loan refinancing rates of College Ave Student Loans?

College Ave Student Loans offers variable rate APRs that range from 2.75% to 7.25%.
College Ave Student Loans offers fixed rate APRs that range from 3.35% to 7.5% APR.

What is the minimum student loan amount you can refinance?

College Ave Student Loans requires borrowers to have a balance of at least $5000 to process a student loan refinance application.

Does College Ave Student Loans charge an origination fee?

No, College Ave Student Loans does not charge a loan origination fee.

What terms does College Ave Student Loans offer?

College Ave Student Loans provides refinancing loans of 5 to 15 years.

Borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

  • Loan Amount
    $2000 - $250000
  • Loan Term (Years)
    5 - 15
  • Min Loan
    $5000
  • Variable APR
    2.75% - 7.25%
  • Fixed APR
    3.35% - 7.5%
  • Cosigner Optional
  • Undergraduate Students
  • Graduate Students
  • Parents of Dependent
  • Grace Period / Deferred Interest
    6
  • No Origination Fee
  • Funding Time Range (in days)
    7 - 14
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC, or The Middlefield Banking Company, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. 1$5,000 is the minimum requirement to refinance. The maximum loan amount is $250,000 for those with medical, dental, pharmacy or veterinary doctorate degrees, and $150,000 for all other undergraduate or graduate degrees. 2The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account. The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. Variable rates may increase after consummation. 3 This informational repayment example uses typical loan terms for a refi borrower who selects the Full Principal & Interest Repayment Option with a 5-year repayment term, has a $40,000 loan and a 6.75% fixed Annual Percentage Rate (“APR”): 60 monthly payments of $787.34 while in the repayment period, for a total amount of payments of $47,240.31. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary
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