American Savings Bank is proud to collaborate with College Ave Student Loans to offer simple and personal private student loan products that help parents and students fill financial gaps when federal loans, scholarship and grants aren’t enough to cover the full cost of undergraduate or graduate school.
A College Ave student loan applicant will find that the 3-minute application, from beginning to end, is simple. With instant approval, personalized resources to fit your needs and goals and tools to support you every step of the way, applicants will find an easy and convenient process through College Ave.
Borrowers can use their approved loan to pay for tuition and fees, books and supplies, room and board, transportation and personal school-related expenses.
In-school loans offer flexible repayment terms between 5 and 15 years to help you select the best plan based on your needs and goals.
Consumers can apply and receive a decision within 3 minutes. If approved, you will be prompted to configure your loan and be provided with terms and loan documents to read, accept and e-sign, which can be completed right after approval.
No, however, you must be enrolled in a degree program and be attending class full time, half-time or less than half-time at an eligible school. Graduates may apply for the refinancing product after graduation.