Undergraduate Student Loan from College Ave®
Updated November 22, 2021
Learn more
Check your student loan rates
Fixed APR
2.94 - 12.99%
Variable APR
1.24 - 12.23%
Amount
up to 100%
Grace period
6
Degree
Undergraduate
Co-signer required
Yes
See full info about rates in different states
Options
- Degree:Undergraduate
- Lender:College Ave Student Loan Servicing, LLC
- Credit Level:Fair (580-669)
- When funds are available:10 business days.
Fees
- Origination feeNo origination fee.
- Application feeNo application fees.
- Early payment feeNo early payment fees.
Pros & Cons
Pros:
- Competitive interest rates
- Quick and easy application process
Cons:
- Undergraduates need cosigners
Variable rates
Rates
1.24 - 12.23%
Term
60 - 180 months
Loan Amount
$1,000 - 100%
Fixed Rates
Rates
2.94 - 12.99%
Term
60 - 180 months
Loan Amount
$1,000 - 100%
Autopay
0.25%*
* In case of using Autopay service your rate is reduced by 0.25%
View all Rates & Fees Repayment Options
- Full Principal & Interest Payment: Start repaying your principal and interest right away to save the most.
- Interest Only Payment: Pay the interest charges each month as you go during school.
- Flat Payment: Make $25 payments each month during school to reduce your accrued interest.
- Deferred Payment: No in-school payments required, but you'll pay more in interest over the life of your loan.
Requirements
- What you need to get approved (Qualifications)FICO® score 600 or higher.
- Ages
Applicants must be 16 years or older, and students and cosigners must be citizens or permanent residents of the U.S.
- Residence
Undergraduates must be a U.S citizen or permanent resident enrolled half-time or more at an accredited institution. International students with a U.S. social security number and a qualified cosigner are also eligible to apply for a student loan.
- Requirements Description
- Contact information
- Date of birth
- Social Security number
- Household income
- School of attendance
- Cost of attendance
- Expected graduation date
- Requested loan amount
Description
College Ave® offers Fixed and Variable loans from $1,000. It offers undergraduate student loans, graduate student loans, parent loans, career loans and refinancing.
Terms are 5 to 15 years. There is no application or origination fee.
The APR range is from 2.94% to 12.99% Fixed, 0.99% to 11.98% Variable (with Autopay discount).