College Ave Student Loans Refinance Review

Rating: 9.1 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. 
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Founded in 2014 in Wilmington, Delaware, College Ave is an online marketplace taking a simplified approach to student loans. The company offers undergraduate, graduate, and parent loans as well as refinance loans from either Firstrust Bank, member FDIC or Nationwide Bank, member FDIC.

How is College Ave Student Loans rated?


Loan Specifics
Customer Experience
Company Reputation

Overall Rating: 9.1 / 10 (Excellent)

College Ave is a loan marketplace offering federal and private student loan consolidation and refinancing. However, borrowers must have graduated from an eligible school in order to qualify. Compared to its competitors, the company offers flexible loan terms, low interest rates, and great discounts. Its online application and approval process is fast and easy, and its industry reputation is strong. Student borrowers who have Nationwide bank accounts may find College Ave's services particularly attractive, as they could decrease their interest rates by 0.50%.

College Ave Student Loans Loan Specifics

Loan Specifics - 9 / 10

College Ave offers consolidation and refinancing for federal or private undergraduate, graduate, or doctorate student loans with flexible terms, variable and fixed rates, and two repayment options, including two-year interest-only payments. The company does not charge fees or prepayment penalties, yet it's unclear whether or not it offers deferment or forbearance. The interest rates shown on its website automatically include the auto-pay reduction discount, so prospective borrowers should be mindful of that detail when shopping for rates on the site.
Loan Types
Maximum Loan Amount
$150,000 (undergraduate, graduate), $250,000 (doctorate)
Fixed APR Range
3.25% - 7.75%
Variable APR Range
2.75% - 7.25%
Repayment Options
Full Repayment
Fixed Monthly Repayment

College Ave Student Loans Qualifications

Qualifications - 10 / 10

To be eligible for student loan refinance or consolidation through Collge Ave, applicants must be U.S. citizens or permanent legal residents with degrees from Title IV-eligible undergraduate or graduate programs. There are no additional underwriting requirements listed on the site.
Citizenship Requirement
U.S. Citizen
Permanent Legal Resident
Degree Required

College Ave Student Loans Customer Experience

Customer Experience - 8.5 / 10

The marketplace offers a 0.25% rate reduction for borrowers who enroll in auto-pay and an additional 0.25% discount for those who have qualifying Nationwide Bank accounts. It provides a fast online application and approval process, as well as a refinance calculator and live chat.
Processing Time
3 minutes
Student Loan Refinance Calculator
Live Chat
Automatic Payments

College Ave Student Loans Company Reputation

Company Reputation - 8.5 / 10

College Avenue has a BBB rating of "A+" with no negative reviews and a Trustpilot rating of 7.1 with one positive and one negative review.
Lender Type
Year Founded
BBB Rating
Number of BBB Positive Reviews
Number of BBB Negative Reviews
Trust Pilot Rating
7.1 out of 10
Date Collected

Company Profile

Full Name
College Ave Student Loans Refinance
Company Website
1105 North Market Street, Wilmington, DE, 19808

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Our Partner
9.1 / 10
  • Competitive fixed and variable rates
  • Apply in 3 minutes or less
  • Flexible terms and repayment options
  • No application or origination fees
  • Refinance amounts as low as $5,000 (federal & private)
  • Earn a 0.25% interest rate reduction for enrolling in auto-pay
  • Get an additional 0.25% reduction for having a Nationwide Bank account