Graduate Student Loans

A College Ave graduate loan can help you cover the costs of a postgraduate, masters, doctoral, or professional degree. We provide flexible repayment options and never charge origination fees.

Variable Rates

5.49% - 14.49% APR

Fixed rates icon

Fixed Rates

4.41% - 14.49% APR

(all rates shown include auto-pay discounts)2

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6 Financial Considerations of Getting a Graduate Degree

The decision to go to grad school is often heavily influenced by finances. Here are some of the top financial considerations of getting a graduate degree. You’ll want to consider what goals you’re looking to pursue with a graduate degree.

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Explore Our Other Graduate Student Loans

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diverse group of people
Rates & Repayment

Make Your Payments Work for You

The way you repay your loan will drive how much you’ll save long-term. If you start making payments sooner, or pay more each month, you can lower the overall cost of the loan. But if your monthly budget requires an option that’s more flexible, we can help you with that too.

We set out to be different from other private lenders who set the loan terms for you. So, put us to the test.

Repayment Options

Full Principal & Interest Payment

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

Keypoints
  • Highest in-school payment
  • Lowest overall cost
Interest Only Payment

Pay the interest charges each month as you go during school.

Keypoints
  • Moderate in-school payment
Flat Payment

Make $25 payments each month2 during school to reduce your accrued interest.

Keypoints
  • Lowest in-school payment
Deferred Payment

No in-school payments required, but you'll pay more in interest over the life of your loan.

Keypoints
  • No in-school payment
  • Highest overall cost

Super-Flexible Terms3

How many years will it take you to pay back your graduate loan? We'll help you choose the right loan term that works with your long term plans.

Save more
Save More Overall

Save on total interest but make bigger monthly payments

  • 5 years
  • 8 years
  • 10 years
  • 15 years
Pay Less
Pay Less Monthly

Make smaller monthly payments but pay more in interest overall

calculator

Advanced Loans For Advanced Degrees

We created private graduate student loans that are teaching the competition a thing or two. We start with great rates, then add a variety of repayment options, all to put you in control of how much interest you have to pay. When we take away the suspense and uncertainty around your loan, you can feel that much better.

Test Drive Your Loan

How We Compare With Other Lenders

Lenders

College ave student loans
Discover
Sallie Mae
Number of Repayment Options
4
4
3
Choice of loan terms (years you take to repay)
Yes
No
No
Apply in 3 Minutes
Yes
No
No
Fees to Apply
None
None
None
Choice of Fixed or Variable Interest Rates
Yes
Yes
Yes

Comparisons based on information obtained on lenders' websites as of September 13, 2023.

College ave student loans

Number of Repayment Options

4

Choice of loan terms (years you take to repay)

Yes

Apply in 3 Minutes

Yes

Fees to Apply

None

Choice of Fixed or Variable Interest Rates

Yes
Discover

4

No
No

None

Yes
Sallie Mae

3

No
No

None

Yes

Comparisons based on information obtained on lenders' websites as of September 13, 2023.

M

Meghan

star icon star icon star icon star icon star icon
Easiest Process

I'm using College Ave to help me get my Master’s and after using many other loan services for undergrad, I can honestly say this has been the easiest and best one to use so far!

KM

Kim M.

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Outstanding!

It is very easy to apply, once you get approved they will send confirmation to the school and you can start your class. They have the best customer service.

ES

Emma S.

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Very Helpful and Good

When I was in need of money to pay for graduate school, College Ave came through with affordable options. Very good.

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Cosigning Made Easy

Learn About Cosigning

Because some grad students don’t have the credit or income history required by lenders, a parent or other adult with good credit will need to cosign the graduate student loan. This way, both the student and cosigner share equal responsibility for the loan.

Overwhelmed? Don't Be!
Just Follow These Easy Steps

person using a laptop to research
in-school payments
person browsing College Ave Student Loans application loan options
car driving
Auto-pay set up

90 Days before school starts

Think about how much money you’ll need to borrow and who might cosign the loan with you.

60 Days before school starts

Start shopping around for the best loan by getting quotes, rates and terms from several lenders and know for sure who your cosigner will be.

30 Days before school starts

Apply for your student loan. Once approved we’ll work with your school directly to certify the loan.

10 Days before school starts

Make sure you’ve received confirmation that the money is scheduled to be sent to your school.

30 days after the money is sent to your school

Be on the lookout for your first loan statement. If you’re making payments right away, consider signing up for autopay.

8 Things You Need to Know About College Award Letters

Read More

Additional Information About Graduate Student Loans

  • Who is eligible to take out a College Ave Graduate Student Loan?

    Graduate students must be a U.S citizen or permanent resident enrolled in a degree program at an eligible institution. Students must meet the satisfactory academic progress guidelines of their school. International grad students with a U.S. social security number and a qualified cosigner are also eligible to apply for graduate student loans.

    A cosigner may be needed for those who do not meet financial, credit or other requirements of taking out a private loan.

  • What is the maximum amount of student loans for graduate school?

    Federal and private graduate student loans have different borrowing limits.

    College Ave’s private Graduate Student Loan offers:
    - Yearly limit: up to 100% of the school-certified cost of attendance1
    - Lifetime limit: varies based on creditworthiness and chosen degree.

    Loan limits only cap the amount that grad students can borrow before interest is applied.

  • Do I need a cosigner to take out a private graduate student loan?

    Cosigners are only needed when the applicant does not meet a private lender’s credit or other financial requirements. Even when not required, a cosigner with exceptional credit may help grad students get a lower interest rate.

    Learn more about cosigning a College Ave Graduate Student Loan.

  • What do you need to apply for a Graduate Student Loan from College Ave?

    To apply for a College Ave Graduate Student Loan, you and your cosigner (if applicable) need to have the following information ready:

    - Contact information
    - Date of birth
    - Social Security number
    - Household income
    - School of attendance
    - Expected graduation date
    - Requested loan amount
    Once this information is prepared, it takes about three minutes to complete our application.

  • Is there a graduate student loan specific to my program?

    College Ave has several graduate student loans tailored to fit the specific needs of your degree:
    - Dental
    - Law
    - Medical
    - MBA
    - Health Professions

    Graduate students pursuing degrees in areas not listed above should consider the Graduate Student Loan covered on the current page.

You’ve Got This, We’ve Got You

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Are international students or cosigners eligible for your loans?

International students with a valid US social security number are eligible to apply for a student loan with College Ave Student Loans.

In order to be approved for a College Ave student loan, an international student will be required to apply with a qualified cosigner.

How much of my education costs will this loan cover? How much is a graduate student loan?

Credit-worthy applicants can borrow up to 100% of the school-certified cost of attendance4, which typically includes things like tuition and fees, books and supplies, room and board, transportation and personal expenses. The minimum amount you can borrow is $1,000.4 How much your graduate student loan will cost depends on how much you borrow, what your interest rate is, and how long you anticipate it will take to repay your loan.

  1. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit.
  2. This informational repayment example uses typical loan terms for a first year graduate student borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 6.27% fixed Annual Percentage Rate (“APR”): 33 monthly payments of $25 while in school, followed by 96 monthly payments of $145.75 while in the repayment period, for a total amount of payments of $14,817.03. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
  3. This informational repayment example uses typical loan terms for a first year graduate student borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.10% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $141.66 while in the repayment period, for a total amount of payments of $16,699.21. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
  4. As certified by your school and less any other financial aid you might receive. Minimum $1,000.