Major Help. Minor Stress.®
For schools that use a preferred lender list, information on our lender and products codes can be found here.
For schools, we support preferred certification and disbursement methods, and offer our own online certification portal, College Ave Central.
Need access to College Ave Central or need to provide your school’s EFT routing information for disbursements?
Certification can be sent via
- COLLEGE AVE CENTRAL
Disbursement can be sent via
- ELM NDN
More Information About Our Products
Materials You Can Use to Help Guide Your Students
College Ave Student loans believes an educated borrower is better able to repay his or her loans successfully. We make financial literacy a top priority, providing in-depth customer education through videos, blog articles, and brochures covering a wide range of topics for students and families and available for schools to use and share at no cost.
Videos to Assist Students with a Variety of Topics
The videos are 2-3 minutes in length and feature relatable student representatives who speak clearly and directly about the topic at hand. Videos are also available on YouTube where schools can link to provide quality financial literacy for their students.
Brochures Addressing Student Financial Literacy Issues
Our brochures are available via digital or print format for schools to use. Contact your College Ave Campus Representative for copies of our financial literacy materials to share with your students.
Frequently Asked Questions
What is College Ave Student Loans?
College Ave Student Loans launched in 2014, with a goal to create private student loan products that help students pay for school as easily and inexpensively as possible.
Are international students eligible for your loans?
International students with a valid US social security number are eligible to apply for a student loan with College Ave Student Loans. In order to be approved for a College Ave student loan, an international student will be required to apply with a qualified cosigner.
Do you require students to make satisfactory academic progress (SAP) in order to receive the loan?
Yes, we ask the school to verify satisfactory academic progress (SAP) during school certification. The school applies their individual criteria for SAP. In other words, we don’t define SAP, but we do ask the school to confirm that the student is making SAP according to each school’s definition.
Can a cosigner ever be released from a loan?
Yes. If the borrower meets the following criteria, they can submit an application requesting to remove their cosigner from the loan:
1. Must be a U.S.Citizen or permanent resident 2. Half of the original repayment term must have elapsed. (for example, if your loan has a 10-year repayment term the loan is eligible for cosigner release after the 5th year). 3. Documented annual income is at least twice the balance of outstanding loan(s) (pay stubs, tax returns, or other evidence of income must be submitted). 4. Pass a credit review and has none of the following: (i) 30 day or greater delinquency in the last 12 months, and (ii) bankruptcy, foreclosure, or repossession in the last 24 months.
To submit an application, go to the Document Upload Center. Select the option for 'Cosigner release application' and provide all required information.
Do you have multi-year approval?
With College Ave Multi-Year Peace of MindTM you can get the money you need for your entire degree. 90% of our undergraduate borrowers are approved for additional loans to cover their degree when they apply with a cosigner. This means less stress for more semesters.A new loan application is required each year. The 90% approval percentage is based on students with an existing College Ave Undergraduate Loan who applied with a cosigner for another College Ave Undergraduate Loan in academic year 2020.
What Our Borrowers Are Up To
of borrowers are making on time payments
of borrowers choose an in school repayment option
of all customers choose a repayment term of 10 years or less
Send us a note and we’ll have your Campus Development representative reach out.