10 Things to Know When Student Loan Shopping

10 Things to Know When Student Loan Shopping

Let us take a guess...you're an 18-year old who graduated high school a few weeks ago, accepted an offer to go to your dream school, and is making a list of all the dorm-room necessities to buy at Bed Bath & Beyond.

Or maybe you're a seasoned vet at this point, preparing to go into your last year of college, working at your summer internship, thinking about what the next step in your journey is going to be.

Or maybe you're a parent sending your first child off to college, worrying about not only the little things like whether they can handle their own laundry and grocery shopping but also the big things like how to pay the tuition bill.

No matter which one fits you best, there's no doubt it can be a stressful time of year. On top of all the other things to worry about when going off to college (or sending your kids off to college), many people are also confronted with the dilemma of figuring out how to pay for college.

How to go about getting a student loan? How do I find a student loan? These questions often leads to researching student loans, which can be complicated and confusing. But it doesn't have to be. At College Ave Student Loans, we believe in simplifying the process and presenting the information in a way that's easy to understand.

To get you started, we put together a list of important lessons as you research student loans, including:

Our lessons are designed to equip you with the knowledge needed to make smart decisions when evaluating student loan options, and finding the best private student loan for your situation.

Our guide to student loans has everything you need to know to make the best decision when shopping for a student loan.

Click here to download the guide.

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I Just accepted and signed my loan documents. Now what happens during school certification?

After your loan is approved, and you have accepted the terms, signed the loan documents, and (if asked) provided documents to verify your identity, your loan is sent to your school for certification. At this point in the process, you’re done until we hear back from the school. So what's happening on their side?

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Federal student loans are made and funded directly by the federal government. To apply, you need to complete the Free Application for Federal Student Aid (FAFSA).

How do I get my 0.25% auto-pay interest rate reduction?

You'll need to set up a "Recurring Payment" on our Customer Service site. We will walk you through the steps setting up.

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

Information advertised valid as of 08/29/2018. Variable interest rates may increase after consummation.