Your family is unique. Your loan should be too.

Create a parent loan that fits your budget and your life.

Apply now
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Get The Money The School Needs

Loans start at $2,000 and can cover up to 100% of the student’s cost of attendance1

Money to cover tuition and fees goes straight to the school on their preferred schedule

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Save by avoiding extra fees

With no origination fee, the average customer will save around $500 with the College Ave Parent Loan vs. the Federal Direct Parent PLUS program3

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Get The Money You Need

In addition to the school funds, we’ll deposit up to $2,500 in your account for extra education expenses2

You control the money for books, electronics, dorm supplies, and more

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Repay The Way That Works For You

Start paying in full right away, or limit monthly payments during school while you have extra costs

You decide how long you take to pay the loan back

Choose a low fixed or variable rate

fixedOrangeLine2x Fixed Rate 6.54% APR
variableLine2x Variable Rates 4.19%–6.16% APR
(all rates shown include auto-pay discount)4

Repayment Options

More Options. Better Fit.

Everyone has their own personal budget to manage, so we know there’s no such thing as one-size-fits-all. You create the repayment plan that works best for you.

Interest Only Payment
Lowest In-School Payments
Highest Overall Cost

Pay just the interest charges each month while the student is in school to manage your monthly budget.

Interest Plus Payment
Moderate In-School Payments
Moderate Overall Cost

As long as you cover at least the interest charges each month, we'll let you set your own monthly payment while the student is in school.5

Full Principal & Interest Payment
Highest Monthly Payment
Lowest Overall Cost

Start repaying your principal and interest right away to save the most.

Flexible Terms

You choose to pay back in as little as 5 years or take up to 12 (or pick something in between).6

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Save More Overall Save on total interest but make bigger monthly payments
5
to
12
years6
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Pay Less Monthly Make smaller monthly payments but pay more in interest overall
5
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Save More Overall Save on total interest but make bigger monthly payments
12
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Pay Less Monthly Make smaller monthly payments but pay more in interest overall
Years4 TO
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configure-icon Configure Loan Choose how and when you repay your loan.
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signature-icon Accept & Sign Review and electronically sign your loan terms. All done!
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Find your perfect fit.

We offer the most options so you can build a private parent loan that fits your budget and your life, and we’ll make it fast & easy.

Apply Now

College Ave Student Loans products are made available through either Firstrust Bank, member FDIC, or Liberty Bank, N.A., member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

1As certified by your school and less any other financial aid you might receive. Minimum $2,000.

2In order to receive up to $2,500 direct, a valid bank account must be designated for direct deposit of funds, and $2,000 or more must be certified by, and scheduled for direct disbursement to, the school.

3Calculations are estimates only. Calculations assume a parent borrower takes out a loan for $14,750 (before fees), has one loan disbursement, and uses a 10-year standard repayment plan. Calculations are based on Direct PLUS Loan information available on https://studentaid.ed.gov including a 6.31% interest rate and 4.272% loan fee, vs. a College Ave Student Loans Parent Loan with a 6.75% interest rate and no loan fee. Federal loans carry special benefits, such as public service forgiveness, that are not available with private loans. According to the College Board, the average amount borrowed by parents through the Parent PLUS program in 2014-15 was $14,750.

4The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.

5You can elect a set monthly payment amount of “Interest Plus” in increments of $20. If you select a variable rate loan, note that we require you to pay at least the monthly interest charges during the in-school period, so your minimum monthly payment due will be the “Interest Plus” monthly payment amount that you selected or the interest due, whichever is greater. Loans will never have a full principal and interest monthly payment of less than $50.

6This informational repayment example uses typical loan terms for a parent borrower who selects the Full Principal & Interest Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 6.83% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $114.82 while in the repayment period, for a total amount of payments of $13,778.89. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.

Information advertised valid as of 11/17/2016. Variable interest rates may increase after consummation.

WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE (IN WHOLE OR IN PART) THIS LOAN PROGRAM AND ITS ASSOCIATED SERVICES AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK WWW.COLLEGEAVESTUDENTLOANS.COM FOR THE MOST UP-TO-DATE INFORMATION.

College Ave Student Loans . 1105 N Market St . Wilmington, DE . 19801