Refinance Your Student Loans

Refinance Your Student Loans

The road to savings starts here.

With College Ave Student Loans Refi, you could reduce the total cost of your existing student loans or your current monthly payment (or maybe even both!) — it's a great way to help you get on the road to financial freedom.

  • Low fixed or variable rates
  • Flexible repayment terms
  • Choose immediate full payments or 2 years of interest only.
  • No application or origination fees
  • Refinance loan amounts as low as $5,0001
  • Earn a 0.25% interest rate reduction when you enroll in auto-pay2
  • Receive an additional 0.25% interest rate reduction if your autopay is linked to a Nationwide Bank checking or savings account3
Money going into the bank
Simplify Payment

Stop juggling multiple bills, payment amounts and due dates. Combine your existing loans to simplify your finances.

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Establish a Budget

You choose whether to start making full payments right away, or limit payments during the first two years to just cover interest charges. You know your budget best. Make your loan work for you.

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Apply Quickly and Easily

Apply in 3 minutes to get an instant credit decision with no fees to apply. We'll even pre-fill your existing student loans for you.

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Get Out Of Debt

You decide how long you take to repay. There's no single "best plan" for everyone. You pick the term that works for you.

Great Rates

Image of a straight line to indicate a fixed position Fixed Rates 3.50% – 7.75% APR
Image of a line with ups and downs to indicate variable movement Variable Rates 2.88% – 7.75% APR
(all rates shown include auto-pay discount)2

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
Moderate initial Monthly Payment
For The First 2 Years
Highest Overall Cost

Pay just the interest charges each month for the first two years. Full principal and interest payments will start in year 3.

Full Principal & Interest Payment
Highest Monthly Payment
Lowest Overall Cost

Start making full principal and interest payments right away.

Flexible Terms

You decide how quickly you pay back your loan based on what works for you – but remember, the sooner you repay it, the more money you save.

Outline of money in a wallet arrow pointing to the right indicating the years.
Save More Overall Save on total interest but make bigger monthly payments
5
to
15
YEARS4
arrow pointing to the left indicating the years. Outline of a calendar
Pay Less Monthly Make smaller monthly payments but pay more in interest overall
5
Outline of money in a wallet
Save More Overall Save on total interest but make bigger monthly payments
15
Outline of a calendar
Pay Less Monthly Make smaller monthly payments but pay more in interest overall
Years4 TO

How We Compare

College Ave student loan refinancing
College Ave Student Loans
Fixed and Variable Rates
Yes
Application Fees
No
Choice of Loan Terms (How Long You Take To Repay)
11
REPAYMENT OPTIONS Comparisons based on information obtained on lenders' websites as of January 8, 2018
Start making full monthly payments right away, or pay just the interest charges for the first 2 years
 
SoFi student loan refinancing
SoFi
Yes
No
5
Start making full monthly payments right away
Citizens Bank student loan refinancing
Citizens Bank
Yes
No
4
Start making full monthly payments right away
CommonBond student loan refinancing
CommonBond
Yes
No
5
Start making full monthly payments right away
Not All Loans Are Created Equal, So Create Your Own.

Want to see how you can save? No problem - we can help!

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

1$5,000 is the minimum requirement to refinance. The maximum loan amount is $250,000 for those with medical, dental, pharmacy or veterinary doctorate degrees, and $150,000 for all other undergraduate or graduate degrees.

2The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account. The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. Variable rates may increase after consummation.

3Borrowers can take advantage of an additional 0.25% interest rate reduction if the ACH withdrawal comes from a qualifying Nationwide Bank account.

4This informational repayment example uses typical loan terms for a refi borrower who selects the Full Principal & Interest Repayment Option with a 5-year repayment term, has a $40,000 loan and a 6.75% fixed Annual Percentage Rate (“APR”): 60 monthly payments of $787.34 while in the repayment period, for a total amount of payments of $47,240.31. 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 02/01/2018. 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.

Nationwide, the Nationwide N and Eagle, Nationwide is on your side, and Nationwide Bank are service marks of Nationwide Mutual Insurance Company. © 2018 Nationwide