College Ave Student Loans is helping students, graduates, and families finance higher education. As a leading fintech lending company, we deliver a simple, clear, and personal college financing experience that reduces stress and empowers students to focus on what matters most: preparing for a bright future.
How to Apply for a college Ave Student loan
College Ave student loans are a good option for money for higher studies, whether or not undergraduate, graduate, or medical university or given that a father just who requires that loan for the youngster. On the other hand, the business also offers refinancing alternatives at low-interest rates which might help former children pay reduced for their college loans.
University Ave is even a good choice for college students who need versatile installment words. Very pupils can pick financing names from five to help you 15 age, and others may get two decades. Including, upon graduation, you might delay money to six months if perhaps you were a keen student or 9 weeks if perhaps you were a scholar.
College Ave Student Loans reviews some basic information about you and your potential loan as part of its prequalification process. Required information includes:
- Contact information
- Birthdate
- Social Security number
- Household income
- Name of school
- Cost of attendance
- Likely graduation date
- Loan amount
1. Get your information together. This includes your Social Security number, your school of enrollment, your enrollment status, the loan amount you need, your address, and other financial documents.
2. Fill out your online application. You’re applying to complete the application in about 15 minutes, and after doing so you’ll get your rates.
3. Send the required supplementary documents. College Ave may require certain financial documents including proof of income and residency.
4. Accept your loan offer. After you get all your documents in order, College Ave will send you a formal loan agreement. It will fund your loan after you sign on the dotted line.
Even though prequalifying is a minutes-long process, the company recommends planning ahead.
Pros and Cons of College Ave Student Loans
Is refinancing student loans with College Ave right for you?
It’s easy to prequalify with College Ave, but make sure it meets your needs before filing a formal application that will include a hard credit inquiry.
The lender features relatively low rates and a high degree of choice when selecting a loan term. But it’s also less generous when it comes to cosigner release and forbearance, so keep those factors in mind, too.
As you search for refinancing lenders, you might compare College Ave refinancing against other top-rated student loan refinancing companies and see how it stacks up.
How to apply for refinancing with College Ave
To gauge your qualifications for College Ave refinancing, you (or your cosigner) can use the lender’s prequalification tool.
Aside from basic personal details, you’ll need to provide just three pieces of critical information to complete the application:
- Social Security number
- Estimated annual income
- Borrowing amount
The lender promises a response — and rate quotes — within one minute. The site is also mobile-friendly, so you could apply from your tablet or smartphone, as well as a desktop or laptop.
How to contact College Ave Student Loans
College Ave has a responsive, human-powered chat function and contact form on its website. You can also use these methods to reach customer service:
| Text | 855-910-0510 | |
| Call | 844-422-7502 | Monday through Friday: 8 a.m. to 8 p.m. ET |
| College Ave Student Loans 233 N. King Street, Suite 400 Wilmington, DE 19801 |
||
College Ave Refinance Eligibility Requirements
To qualify for refinancing with College Ave, all borrowers must meet the criteria below.
- Citizenship Requirement: U.S. citizenship or permanent residence.
- Income Requirement: undisclosed.
- Credit Score Requirement: undisclosed.
- Graduation Requirement: associate’s degree or above.
- Location Requirement: within the United States, excluding Maine.
Additional restrictions apply for specific individuals and loans.
- The refinance limit is $300,000 for graduates with degrees in medicine, pharmacy, dentistry, or veterinary medicine.
- Those with undergraduate or other graduate degrees may refinance up to $150,000.
- Disclosures reference a debt-to-income ratio but do not specify limits.
- In order to refinance a loan, the loan must not have delinquent status.
College Ave Student Loan Repayment Options
Lenders vary significantly on the benefits and options provided to borrowers during the loan servicing period. Additionally, benefits may only be available on a case-by-case basis. College Ave offers some relief options.
Deferment & Forbearance
College Ave does not disclose any conditions that may make a refinance loan eligible for deferment or forbearance. See College Ave’s conditions for deferment and forbearance below.
| Condition | Coverage |
|---|---|
| Returning to grad school (Fellowship) | Unspecified |
| Disability rehabilitation | Undisclosed |
| Active military duty | Undisclosed |
| Involuntary unemployment | Undisclosed |
| Economic hardship | Undisclosed |
| Natural Disaster | Unspecified |
| Temporary Hardship | Unspecified |
Conclusion
College Ave Student Loans have become a beacon of hope for countless students pursuing higher education. With their personalized loan options, competitive interest rates, and commitment to customer service, College Ave empowers students to access the financial support they need to achieve their academic dreams.
By borrowing responsibly and understanding the terms of their loans, students can navigate their educational journey with confidence and embark on a path of success and personal growth. With College Ave Student Loans as a trusted partner, students can focus on their studies and make the most of their college experience without unnecessary financial stress.
Frequently asked questions
If you didn’t find your question answered in our College Ave Student Loans review, see the following FAQs.
Is College Ave Student Loans legit?
Although no student loan company or servicer is perfect, College Ave is a reputable option in the industry. It refinances and lends student loans for all sorts of students and their parents.
Does College Ave offer federal student loans?
No, College Ave loans are private loans, lent by the company’s partner banks. Federal loans, which are lent by the Department of Education, should be prioritized over private loans in almost all cases, as they feature a far wider safety net.
What is College Ave Servicing?
Although you can view your loan details via CollegeAveServicing.com, University Accounting Services is a contracted third party that manages borrower repayment.
Your College Ave Servicing login will allow you to view your loan dashboard.
For similar questions, or if you forgot your College Ave username, the College Ave customer service number is 844-803-0736. Both this website and the main URL — CollegeAveStudentLoans.com — also offer an online chat service.
How long is the College Ave Student Loans review process?
If you spend the minutes it takes to prequalify, College Ave promises you’ll receive an instant decision. If you’re approved and plan to borrow from this lender, you’ll need to sign loan documents electronically.
College Ave has estimated that the entire process — from applying online to your school receiving the funds — takes a minimum of 10 business days.