I’ve worked with other companies for Student Loans for my son. The quickest response was given and when my son decided to do classes over summer semester I wasn’t sure we could get it accomplished. Ev... See more
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Review summary
Created with AI, based on recent reviews
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Reviews shaping this summary
The application process was simple and approval was quick. Communication during the process was good and I feel like I know how to handle things so far. No payments have been issued yet but I hope the... See more
When it came time to get a loan I had my mind made up that I was going through my credit union. Surely I would get the lowest interest rate given I'm established and have an Excellent credit score... See more
College Ave is so easy to use. The application process is easy to navigate and they walk you through the process the entire way. The approval of the loan came quick and they communicate with the Unive... See more
Company details
Written by the company
College Ave started with a big vision and a simple mission – take the stress out of paying for college so students can focus on preparing for a bright future. Now a leading fintech lending company, College Ave remains committed to using best-in-class technology and deep industry expertise to deliver practical and personal solutions that give young adults a running start on their roads to financial success. We offer best in class products with competitive rates and a customer-friendly experience from start to finish.
Contact info
United States
- www.collegeave.com
4.5
Excellent
4k reviews
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the whole process of getting a loan…
the whole process of getting a loan was fast and easy the steps were easy to follow
19 June 2026
May use AI-assist with repliesRead more
At Trustpilot, it's all about human content. This business can also access our AI-assisted response tool which helps them draft replies.
Rates are not as advertised.
The process is easy but I hate seeing all these advertisements for these great rates but when it comes down to it we’re paying 11.90%. Not anywhere near the 2-3% that’s advertised. I know that is a starting rate but I’d like to know if anyone actually gets a rate close to that. Our rate is terrible and really hurting these kids that are just trying to pay for their education.
19 June 2026
Reply from College Ave
Jackie - Thank you for sharing your feedback. We strive to keep our rates competitive, but several factors determine the interest rate including both the applicant’s and cosigner’s credit in addition to the loan repayment option selected, and we provide all the details about the interest rate for the customer to accept prior to making the loan.
It seemed very easy to select the loan…
It seemed very easy to select the loan we needed. Everything was handled very efficiently.
10 June 2026
Made college financing easy.
16 June 2026
Everything was quick and hassle free
Everything was quick and hassle free! Destruction of loan was timely and accurate!
9 June 2026
Very easy to work with!
12 June 2026
The communication is constant
The communication is constant, which allows us to know what is going on with application process.
4 June 2026
Fast approval when I needed it most
College Ave made a stressful situation a whole lot easier. I applied during a time-sensitive window, and they processed and approved my application remarkably fast, no drawn-out back and forth, no waiting around wondering where things stood. That speed was a tremendous help when I needed funding to come through on a deadline. The application itself was straightforward and easy to navigate, and the whole experience felt efficient and transparent from start to finish. Highly recommend if you need a lender that actually moves quickly when it counts.
11 June 2026
The process was kept simple for me
The process was kept simple for me. I did not have to go through intense red-tape. As it is, this process is already anxiety-inducing. CollegeAve really took care of that for me.
Thank you.
3 June 2026
Interest rates too high
I am having a hard time understanding the 12% interest that was applied to our loan this year.
Year 1, 6%. That is acceptable.
Year 2, daughter made mistake and applied for $40k not $20k and assigned 12%. I called for support to address before $’s were allocated and was told to just not use it all. We only allocated $20k and rate remains 12%. I was told we have to wait until graduation to adjust/re-settle.
This year didn’t see the rate until well into the application, another 12% on $20k.
I would like explanation, 12% on student loan is crazy.
9 June 2026
Reply from College Ave
Stacy - Thank you for sharing your experience. We understand your concerns regarding interest rates and the cost of borrowing for education.
Interest rates may vary from year to year based on market conditions and the credit profiles of the applicants at the time of each application. While rates can change between loan periods, we strive to keep our rates competitive.
We appreciate you sharing your experience and encourage you to contact our team directly if you would like a more detailed review of your loan terms and rate determination.
Had an approved loan
Had an approved loan; University of Iowa took awhile to certify, got an email stating the loan was no longer approved. Could not speak to anyone and there is no reason it would have been dropped. Disgusted. Will ensure all avoid.
5 June 2026
Reply from College Ave
Douglas - Thank you for sharing your feedback. We understand how frustrating it can be when a loan application does not move forward as expected. We would be happy to speak with you to review the application outcome and answer any questions you may have. Please call us at 844.422.7502 at your earliest convenience.
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