Participants in the College Ave Refi Loan Referral Program (“Program”) are subject to College Ave Student Loans’ Terms and Conditions and Privacy Policy, as well as the following additional Terms & Conditions for the Program. By participating in the Program, each participant represents and warrants that he/she has read and agrees to be bound by the Terms and Conditions, Privacy Policy, and these Terms & Conditions for the Program.

The Program is open to individuals only who are citizens or legal residents of the United States of America. The Program supports referrals to College Ave Refi loans only, and no payments will be made for referrals to other College Ave products.

Referral bonuses are as follows:

  • $250 referral bonus to the referrer of each fully disbursed College Ave Refi loan
  • $100 welcome bonus to the borrower of one fully disbursed College Ave Refi loan

To receive credit for a referral under the Program, eligible referrers must create a Program account, receive their unique referral link, and send the link to the people whom they intend to refer to the Program. In order for either the referrer or the borrower to receive credit, each borrower must use their referrer’s unique link to get to the College Ave Refi Referral Program page on the College Ave Student Loans website, complete the application, become approved, and proceed all the way through funding of the refinance loan. The borrower must start their application (using the same internet browser and device they used to click the referral link)  and complete the application through to the generation of the Application and Solicitation Disclosure within sixty (60) days of the most recent use of the referrer’s unique link. In the event that a borrower clicks multiple referral links, the referral credit will be attributed to the unique referral link that was clicked most proximately in time to the application start event that resulted in a fully disbursed College Ave Refi loan.

Only one referral and one welcome bonus will be awarded per referred borrower, but referrers may earn more than one referral bonus by referring multiple borrowers.  A referrer will not earn a referral bonus if their referred friend has an existing College Ave Refi account or if their referred borrower does not use the referrer’s unique referral link when applying for their refinance loan.  Bonuses will be awarded on or about fourteen (14) days after the loan proceeds are disbursed successfully.  Bonuses will be awarded solely via PayPal®.  A valid PayPal® address must be provided in order for bonuses to be awarded. Any bonus due that would cause the cumulative bonuses paid to a referrer in any calendar year to exceed $599 may not be paid unless the referrer completes and returns to College Ave a United States, Department of Treasury, Internal Revenue Service Form W-9 (see

Referrers will not receive credit for referring themselves, including for a refinance of their existing College Ave student loan, or for submitting an application via their own unique referral link. Referrers are limited to referring their own friends, family members, and direct acquaintances whom they believe may be eligible for a College Ave Refi loan. Any referred borrower must be able to personally identify their referrer.  College Ave reserves the right to disqualify anyone from this Program at any time. Anyone who violates these official rules is ineligible for payment of any bonus.

If you participate in the Program, you agree not to solicit applications for any type of College Ave loan. You agree not to compensate, or accept any compensation from, borrowers whom you refer to College Ave Refi through the Program. You further agree that your activities will be limited to informing your contacts about College Ave’s student loan refinancing program so that they may independently decide whether or not to apply for a College Ave Refi loan. You may not collect information from your contacts or assist with filling out a College Ave Refi loan application.

You must comply with all applicable laws and regulations, including anti-spam laws. Any distribution of a Program link, including by email or social media, must be done in a personal manner. Bulk email distribution and any use of automated devices or third party services is prohibited. Program links should only be sent to your own friends, family members, and direct acquaintances whom you believe to be eligible for a College Ave Refi loan. Participants may not purchase internet search terms or publicly advertise College Ave’s products or name in any fashion. Further, any distribution of a Program link that could constitute unsolicited commercial email or “spam,” any content which impersonates or implies an affiliation with or endorsement by College Ave or any actions which otherwise violate any conditions imposed by College Ave, as determined by College Ave in its sole discretion, are prohibited and will be grounds for immediate termination.

Your participation in the Program is solely as an independent contractor. Neither you nor College Ave intend to establish an employment relationship and you are not entitled to any benefits. If the cumulative referral and welcome bonuses paid to an individual in a one calendar year exceed $599 USD, then IRS form W-9 may be required to be completed prior to funds disbursement. Any payments that are not claimed within 180 days of the date the funds have been made available because, for example, required tax information has not been provided are subject to forfeit.

College Ave reserves the right to change or eliminate the Program at any time. College Ave reserves the right to disqualify anyone from this Program if such person abuses this Program, as determined by College Ave in its sole discretion.