MBA Loans

The College Ave MBA loan covers up to 100% of the costs of an advanced business degree1 with no origination fees. You’ll also get your choice of flexible repayment options, and you can apply in just 3 minutes.

Variable Rates

4.74% - 13.99% APR

Fixed rates icon

Fixed Rates

4.44% - 13.99% APR

(all rates shown include auto-pay discounts)2

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How Much Does an MBA Cost? Average MBA Degree Tuition & Costs

Earning an MBA can be a costly commitment that requires careful planning and consideration. Remember that an advanced degree costs more than just tuition. Costs include fees, materials, and adjustments for the cost of living where you decide to study. Use our guide to explore the costs of an MBA and what to expect.

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Rates & Repayment

Make Your MBA Student Loan Payments Work for You

Who’s happy with one-size-fits-all? No one. That’s why we offer the most choices.

If paying less interest matters most to you, we show you how to start making payments during school. No worries if that’s not for you though. You can wait until you complete your MBA degree to pay back the loan.

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 month3 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

Loan Terms Made for MBA Students4

We help you put your business-savvy to work. You choose how long to pay back your MBA so you can fit your payments to your budget.

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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

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Advanced Loans For MBA Degrees

You’re confident in where your MBA degree will take you; we’ll give you the assurance to pay for it. College Ave MBA Student Loans start with low rates and put you in charge of how quickly you repay the loan. And we’ll be with you every step of the way. Ready to get down to business?

Map Out Your Loan

How our MBA Loans Compete

Lenders

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

Comparisons based on information obtained on lenders' websites as of March 31, 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
citizens-bank

3

Yes
No

None

Yes

Comparisons based on information obtained on lenders' websites as of March 31, 2023.

KS

Kristen S.

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College Ave customer service is great.

College Ave made the loan process easy. They communicated every step of the way and included weekly status updates. They have several loan options and were competitive on interest rates.

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

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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.

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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?

Credit-worthy applicants can borrow up to 100% of the school-certified cost of attendance5, 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 $1,000.5

  1. You must be enrolled in a Master of Business Administration (MBA) program at an eligible school to qualify for the College Ave MBA Loan.
  2. 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.
  3. 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.
  4. 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.
  5. As certified by your school and less any other financial aid you might receive. Minimum $1,000. Maximum $150,000.