College Ave Student Loans full review
If you are considering obtaining a loan to invest in your education, College Ave Student Loans is among the top choices available.
Discover the Best Lender to Help with Your Student Debts
Struggling with student loans? Look no further than College Ave, a reliable online student loan provider established in 2014. This lender operates in every state, including the District of Columbia, offering a variety of student loan packages. College Ave also provides loan refinancing options.
Parents or guardians can even take out loans to finance their children’s education.
With College Ave, you can borrow anywhere from $1,000 up to the full cost of attendance or tuition. Depending on the type and duration of your student loan, you may qualify for an APR as low as 1.19%. Moreover, College Ave offers several repayment options to help you stick to a budget.
One of the great advantages of College Ave is the opportunity to enjoy a 0.25% interest rate reduction by opting for automatic payments. Additionally, borrowers have the option to release their co-signers once they have repaid half of the initial term. The lender also provides loan forgiveness in the unfortunate event of death or severe disability.
It’s important to note that College Ave requires students to make satisfactory academic progress, verifying with the school whether the requirement is met. Late payment penalties are based on the monthly payment amount.
Interested to explore the loans offered by College Ave? Keep reading to find out which one suits you best!
Discover the Range of College Ave Student Loans
College Ave offers a wide array of loans designed for different types of students. Here are the options:
1. Undergraduate student loans
College Ave’s undergraduate loans cover up to 100% of tuition, fees, books, housing, and other expenses for a semester, quarter, or entire academic year. You can choose to make payments while enrolled in classes or delay interest and principal payments for up to six months after graduation.
2. Graduate student loans
For students pursuing master’s or doctoral degrees, College Ave provides graduate loans with four in-school repayment options and terms of up to 15 years. These loans have no origination fees, application fees, or prepayment penalties.
3. MBA Loans
College Ave offers MBA loans for students enrolled in eligible master of business administration (MBA) programs at accredited schools.
4. Medical school loans
Students in doctor of medicine (MD), osteopathic medicine (DO), veterinary medicine (DVM, VMD), or podiatric medicine (PM) programs at approved institutions may qualify for medical school loans from College Ave. These loans have flexible repayment periods of up to 20 years, a 36-month grace period, and optional residency deferment.
5. Dental school loans
College Ave dental loans are available to students pursuing doctor of dental surgery (DDS), medicine in dentistry, or dental medicine (DMD) degrees at approved institutions. This loan offers a 12-month grace period, a maximum repayment term of 20 years, and residence deferment.
6. Law school loans
Enrolled in a Juris Doctor (JD) program? College Ave provides law school loans with repayment terms of up to 20 years, a nine-month grace period, and the ability to postpone payments while completing a clerkship. College Ave is also a recommended lender at Harvard Law School.
The Key Benefits of College Ave Student Loans
1. Available Pre-qualification
Check your eligibility and interest rates for College Ave student loans without impacting your credit score using their free pre-qualification tool.
2. Part-time Enrollment Permitted
Unlike other private student loan lenders, College Ave does not require full-time or part-time enrollment. As long as you are registered for a degree program and attending classes at a qualifying school, you are eligible for their loans.
3. $150 Bonus for Degree Completion
Upon receiving your degree, submit a copy of your transcript to College Ave and receive a $150 statement credit on your loan.
4. Flexible Repayment Terms
College Ave offers 11 different repayment plans with durations ranging from five to fifteen years for parent loans.
How to Apply for College Ave Student Loans
If you’re interested in applying for College Ave student loans, follow these simple steps:
1. Visit the College Ave website and navigate to the student loans section.
2. Explore the different loan options and carefully review their terms and conditions.
3. Use the free pre-qualification tool to check your eligibility and interest rates.
4. Complete the online application form, providing the necessary information and documentation.
5. Submit your application and wait for a response from College Ave. If approved, you will receive loan terms and instructions for finalizing the process.
Student debts can be daunting, but with a reliable lender like College Ave, you can find the financial support you need. Don’t let student loans hold you back from pursuing your dreams!
