Undergraduate & Graduate Career Loans

  • Cover up to 100% of the cost of attendance1
  • For students in associates, bachelors, and graduate programs at select colleges and universities
Image of two people at a desk discussing undergraduate and graduate career loan options with College Ave Student Loans.

Here’s our current career loan interest rates:

Variable rates

4.24%

to 17.99% APR

Fixed rates

3.19%

to 17.99% APR

(all rates shown include auto-pay discount)2

Repayment Options

With more repayment options, the less you have to worry. Why? Because the way you repay your loan drives how much your loan will cost in the end. And if you start making payments sooner–or pay more each month–you can reduce the cost of the loan over time.

This way you’ll feel confident that when you make your monthly payment it’s working extra-hard for you.

Pay During School

Full Principal & Interest Payments

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

Interest Only Payment

Pay the interest charges each month during school.

Flat Payment

Make $25 payments each month3 during school to reduce your accrued interest.

No In-School Payments

Deferred Payment

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

Repayment Terms4

How many years will it take you to pay back your career loan? With us, you choose the loan term that works best for you.

Apply Now

Slide here to see how you can pay less based on which loan term you choose.

Variable and Fixed Rates: Which is right for you?

It’s important to understand the difference between variable and fixed interest rates2 on student loans. Learn the basics so you can pick the best one for you with confidence.

Variable Rate

Image of a computer screen with a line chart illustrating variable interest rates available for a private student loan with College Ave Student Loans. icon

4.24%

to 17.99% APR

*all rates shown include auto-pay discount2

Variable interest rates can change during the life of the loan. They are based on a publicly available interest rate index that changes in each month. Changes in the index will change your monthly payment amount.

Changes to the rate are typically based on a publicly available interest rate index such as the prime rate or SOFR.

Fixed Rate

Image of a computer screen with a line chart illustrating fixed interest rates available for a private student loan with College Ave Student Loans. icon

3.19%

to 17.99% APR

*all rates shown include auto-pay discount2

Fixed interest rates stay the same for the entire repayment period. You will have the same monthly payment amount every month after entering full repayment.

Learn More About Interest Rates

Cosigning Made Easy

Usually, students don't have the credit or income requirements to qualify for a student loan by themselves.

Image of a credit card with a check mark, showing co-signers with good credit may need to co-sign on a students their College Ave Private Student Loan.

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

Image of two people showing both the college student and cosigner share responsibility for repaying their College Ave Private Student Loan.

Both the student and cosigner share equal responsibility for the loan.

Fading circle

0%

of all undergraduate loans are cosigned

0%

of borrowers choose an in school repayment option

See How We Compare to Other Private Lenders

College Ave Sallie Mae Discover
Number of Repayment Options 3

Not Accepting Applications as of January 31, 2024.

4
Select Your Own Repayment Term
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Apply in 3 Minutes
Fees to Apply None None
Choice of Fixed or Variable Interest Rates
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*Comparisons based on information obtained on lenders’ websites as of June 30, 2025.

See Your Career Loan in Action

Put anxiety on the sideline when you see what your future loan will look like and how you can make your loan work for you. We’ll show you all your options and rates so there are no unexpected surprises.

0%

Image of a credit card with a check mark, showing co-signers with good credit may need to co-sign on a students their College Ave Private Student Loan.

of our undergraduate borrowers are approved for additional loans

What parents and students are saying about us.

Simple and effective!

The process was so simple and the explanation of your options was impeccable! We will definitely use this service for future loans.

Rachel

08/29/24

All-around good experience

Easy to apply. Good interest rates. Very responsive. Clear instructions. What's not to like?

Paul

09/13/24

Wish we would have used you from day one!

Wish we would have used you from day one! Your process is so easy and efficient. Starting from the application to the disbursement. Bravo!

SC

10/01/24

Don’t worry, we’ve got a better student loan process

Image of a college student on a laptop on their lap completing their College Ave Student Loan Application.Image of a student looking at their private student loan options with College Ave Student Loans.Image of a computer on a desk showing how to setup autopay on your private student loan with College Ave Student Loans.

1

Before school starts, figure out how much you’ll need to borrow. A good estimate is to take your cost of attendance and subtract any scholarships, grants, federal loans in the student’s name, and savings you plan to use.

2

Start shopping around for loans and apply for a student loan about 30 days before classes start. Know who your cosigner is and choose your loan term and repayment options.

3

Once approved, we’ll work directly with your school to certify the loan. After the money is sent to your school, be on the lookout for your first loan statement. If you selected an in-school repayment option, consider signing up for auto-pay.

Apply Now for a Loan Check Application Status
Image of a college student on a laptop on their lap completing their College Ave Student Loan Application.

1

Before school starts, figure out how much you’ll need to borrow. A good estimate is to take your cost of attendance and subtract any scholarships, grants, federal loans in the student’s name, and savings you plan to use.

Image of a student looking at their private student loan options with College Ave Student Loans.

2

Start shopping around for loans and apply for a student loan about 30 days before classes start. Know who your cosigner is and choose your loan term and repayment options.

Image of a computer on a desk showing how to setup autopay on your private student loan with College Ave Student Loans.

3

Once approved, we’ll work directly with your school to certify the loan. After the money is sent to your school, be on the lookout for your first loan statement. If you selected an in-school repayment option, consider signing up for auto-pay.

Apply Now for a Loan Check Application Status

Footnotes

1

As certified by your school and less any other financial aid you might receive. Minimum $1,000.

2

Variable rates may increase after consummation. 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. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.

3

This informational repayment example uses typical loan terms for a freshman 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 7.78% fixed Annual Percentage Rate ("APR"): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. 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 freshman borrower who selects the Deferred Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7% variable Annual Percentage Rate (“APR”): 96 monthly payments of $179.28 while in the repayment period, for a total amount of payments of $17,211.20. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.

Apply

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