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Let's Build The Right Loan For You.
My student has about
My student has about...
    
year(s) of school to go.
  • 1
  • 2
  • 3
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  • 5
  • 6
I'm looking for a
I'm looking for a...
    
loan.
  • $2,000
  • $4,000
  • $6,000
  • $8,000
  • $10,000
  • $12,000
  • $14,000
  • $16,000
  • $18,000
  • $20,000
  • $22,000
  • $24,000
  • $26,000
  • $28,000
  • $30,000
  • $32,000
  • $34,000
  • $36,000
  • $38,000
  • $40,000
  • $42,000
  • $44,000
  • $46,000
  • $48,000
  • $50,000
  • $52,000
  • $54,000
  • $56,000
  • $58,000
  • $60,000
  • $62,000
  • $64,000
  • $66,000
  • $68,000
  • $70,000
  • $72,000
  • $74,000
  • $76,000
  • $78,000
  • $80,000
I will make
I will make...
    
while my student is in school.
  • full principal and interest payments
  • interest only payments
And am most interested in
And am most interested in...
    
.
  • paying less for my loan overall
  • managing my monthly budget
  • paying less overall and managing my budget

Parent Loans

Parent Loans

Designed for parents with strong credit who want to borrow by themselves for their children’s education costs.

With no origination fees, our student loans for parents are a great alternative to the Federal Direct PLUS loan (also known as Parent PLUS) for qualified parents.1

You also get repayment flexibility and the option to have a portion of the loan sent straight to you for extra education expenses. It’s all about creating the perfect plan for your family and your student.

Apply Now
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Get The Money The School Needs

Loans start at $2,000 and can cover up to 100% of the student’s cost of attendance2

Money to cover tuition and fees goes straight to the student's school on its preferred schedule

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Never Pay Origination Fees

No fees to apply and no penalties for paying early.

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Get The Money You Need

In addition to the school funds, we’ll deposit up to $2,500 in your account for extra education expenses3

You control the money for books, electronics, dorm supplies, and more

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Repay The Way That Works For You

Start paying in full right away, or limit monthly payments during school while you have extra costs

You decide how long you take to pay the loan back

fixedOrangeLine2x Fixed Rate 6.54% APR
variableLine2x Variable Rate 4.19%–6.16% APR
(all rates shown include auto-pay discount)4

Repayment Options

More Options. Better Fit.

Everyone has their own personal budget to manage, so we know there’s no such thing as a “one size fits all” loan repayment plan. You create the repayment plan that works best for you.

Interest Only Payment
Lowest In-School Payments
Highest Overall Cost

Pay just the interest charges each month while your child is in school to manage your monthly budget.

Interest Plus Payment
Moderate In-School Payments
Moderate Overall Cost

As long as you cover at least the interest charges each month, we'll let you set your own monthly payment while your child is in school.5

Full Principal & Interest Payment
Highest Monthly Payment
Lowest Overall Cost

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

Flexible Terms

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Save More Overall Save on total interest but make bigger monthly payments
5
to
12
YEARS6
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Pay Less Monthly Make smaller monthly payments but pay more in interest overall
5
moneyIconGreen2x
Save More Overall Save on total interest but make bigger monthly payments
12
greencalendariicon2x
Pay Less Monthly Make smaller monthly payments but pay more in interest overall
Years4 TO

It's Your Loan.

Shouldn't you have control?

We make it easy for the school to get the money they need for tuition and fees and for you to get the money you need for everything else.

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Loans start at $2,000 and can cover up to 100% of the school-certified cost of attendance2. We’ll make sure that portion of the loan is sent to the school when and how they want it.

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There are lots of other education costs though. You can get up to $2,500 deposited directly into your bank account so you can make the extra purchases your child needs for school3.

How We Compare

College Ave parent loans
College Ave
Choice of Fixed or Variable Interest Rates
Yes
Choice of Loan Terms (Years To Repay)
8
Loan Funds For Tuition & Fees Are Sent To The School
Yes
Loan Funds For Extra Expenses Can Be Sent To You
Yes
Fees To Apply Comparisons based on information obtained on lenders' websites as of November 17, 2016
None
Citizens Bank parent loans
Citizens Bank
No
2
Yes
No
None
Wells Fargo parent loans
Wells Fargo
Yes
No
No
Yes
None
Not All Parent Loans are Created Equal, So Create Your Own.

Not sure what the right combination is for you? No problem - we can help we can help you design the parent loan for your student that fits your needs and your budget.

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

1Direct PLUS Loan details from www.studentaid.gov. Federal loans carry special benefits, such as public service forgiveness, that are not available with private loans.

2As certified by your school and less any other financial aid you might receive. Minimum $2,000.

3In order to receive up to $2,500 direct, a valid bank account must be designated for direct deposit of funds, and $2,000 or more must be certified by, and scheduled for direct disbursement to, the school.

4The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.

5You can elect a set monthly payment amount of “Interest Plus” in increments of $20. If you select a variable rate loan, note that we require you to pay at least the monthly interest charges during the in-school period, so your minimum monthly payment due will be the “Interest Plus” monthly payment amount that you selected or the interest due, whichever is greater. Loans will never have a full principal and interest monthly payment of less than $50.

6This informational repayment example uses typical loan terms for a parent borrower who selects the Full Principal & Interest Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 6.83% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $114.82 while in the repayment period, for a total amount of payments of $13,778.89. 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 11/17/2016. 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.