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Student Loans

We'll match you with a student loan you can live with — from repayment options that fit your monthly budget to competitive interest rates. It takes just three minutes to apply and get an instant credit decision.

  • Build a repayment plan that fits your budget

  • Easy online application — instant credit decision

  • No origination or prepayment fees

A Better Student Loan Experience

Brought to you in partnership with AAA and College Ave Student Loans®. College Ave is ready to meet your needs for education financing.

  1. Submit your application

    Apply online in 3 minutes and get an instant credit decision. Easily add your cosigner with no hassle.

  2. Personalize your repayment plan

    Choose if you want to make payments while in school, and select how quickly you pay it back.

  3. Accept & sign your loan

    No paperwork. Sign your terms electronically, and we'll take care of the rest with your school.

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With more repayment options, the less you have to worry. Why? Because the way you repay your student loan drives how much you'll save in the end.

  • Full principal & interest payment

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

  • Interest only payment

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

  • Flat payment

    Make $25 payments each month during college to reduce your accrued interest.

  • Deferred payment

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

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Applying for an undergraduate, graduate, or parent loan from College Ave is simple. It only takes about three minutes to fill out our application and receive a credit decision.

  • U.S. citizens or permanent residents

    Enrolled at an accredited institution

  • International students

    With a U.S. social security number and a qualified cosigner

  • Cosigners allowed

    A parent or other adult with good credit will need to cosign the private undergraduate student loan

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Student Loans Member Benefits

AAA Member Benefits

  • 2.00% principal balance reduction on In School loans upon borrower graduation

  • 0.25% member interest rate reduction on In School loans

Cosigning made easy

With more repayment options, the less you have to worry. Why? Because the way you repay your loan drives how much you'll save in the end.

Commonly Asked Questions

How do student loans work?

College Ave Student Loans' products are designed to help you pay for school as easily as possible.

We offer great rates and flexible repayment terms, so you can decide how and when to pay your loan back.

What's the difference between a Student loan and a Parent loan?

Parent Loan:
A Parent loan is money a student’s parent or guardian borrows to help pay for school. The loan is entirely in the parent’s or guardian’s name, and they are taking full responsibility for repaying the loan. Like other student loans, a Parent loan is used to cover college-related costs, such as tuition, supplies, or room and board.

Undergraduate or Graduate Student Loan:
When an Undergraduate Student Loan or Graduate Student Loan is cosigned, it is in both the student and cosigner's name. As a cosigner, you’re taking equal responsibility with the student and are providing your financial background to help guarantee that the loan will be paid back. A Parent loan, on the other hand, makes you the sole borrower on the loan.

What's the difference between a federal loan and a private student loan?

Federal student loans are funded directly by the federal government. Applying for a Federal student loan requires that you complete the Free Application for Federal Student Aid (FAFSA). We recommend that you complete the FAFSA and apply for federal student loans before considering private student loans. Those who do not qualify for federal loans or who have already exhausted their federal loans often consider private undergraduate student loans.

Private loans are any student loans issued by banks or other private lenders. When it comes to choosing a private student loan, there is no one-size-fits-all solution; students should compare their options and find a solution that works best for their financial situation.

What can student loans be used for?

Student loans can be used to cover education related costs including things like tuition and fees, books and supplies, housing and food, and commuting.

How much can I borrow for a student loan?

College Ave's Student and Parent loans will cover up to 100% of the school-certified cost of attendance, which typically includes things like tuition and fees, books and supplies, housing and food, and commuting expenses.

The minimum amount you can borrow is $1,000.

Can I use a student loan for online school?

College Ave does not currently lend to schools that only offer online education. We currently lend to students attending schools that are considered Title IV eligible, which is determined by the US Dept. of Education. Title IV schools include public and private universities, community colleges and career training schools. Students enrolled in an online program at an eligible school can use a College Ave Student Loan to cover the cost of attendance.

If you can't find your school in the student loan application, it's possible that your school isn't currently on our eligible list. You can send an email to with your school’s name, and we'd be happy to confirm eligibility.