Undergraduate Student Loan with Success Rewards Terms & Conditions

Limited time offer. Offer available to borrowers for whom a College Ave Undergraduate loan application is received and approved between June 27, 2018 and August 31, 2018.

Maximum reward amount of $150, maximum one reward per student borrower.

The reward will be fulfilled via a statement credit applied directly to the outstanding principal balance of the borrower’s fully disbursed, qualifying, College Ave Undergraduate student loan with the highest interest rate at the time of redemption.

This statement credit will not apply toward any required minimum monthly payment due.

Borrowers will not be charged any additional fees in connection with the redemption of this reward.

By June 15, 2019, College Ave will use information reported through the National Student Clearinghouse File to verify you were enrolled at least part-time for the duration of your school’s most recent academic term.

To redeem your reward:

  • College Ave will contact you via email ("College Ave Email") to request verification that you have successfully completed your most recent academic term; and

  • Within 30 days of the date of the College Ave Email, you must upload a copy of your most recent transcript to the following website, https://www.collegeavecentral.com/upload/upload, which will also be indicated in the College Ave Email.

  • If you do not receive the College Ave Email by September 15, 2019 you must contact College Ave at 844-803-0736 to request the College Ave Email.

Within 60 days of receiving your transcript, College Ave will apply a $150 statement credit to your College Ave student loan, provided that all reward eligibility criteria are satisfied.

You may transfer to a different school, but you must attend school on at least a half-time basis throughout the 2018-2019 school year.

The College Ave student loan must not have been paid off, refinanced, or consolidated prior to redeeming the reward.

Please be advised this reward may be considered taxable income. We recommend you consult a tax professional for tax advice.

These Terms & Conditions are subject to change without notice. We may change them at any time including, but not limited to, discontinuing the program, changing the redemption method or imposing additional conditions.