Students sitting on ledge with books open; Student Loans


Need a loan to help pay for college?


ALEC has partnered with College Ave Student Loans to help you achieve your higher education goals. College Ave Student Loan Learn More button

College Ave loans can help undergraduate and graduate students with their school expenses. We also have loans for parents who want to help cover the cost of college for their kids.

College Ave provides a simple application, helpful tools and a personalized loan experience to help you create a loan that works best for you and your budget.


Looking to refinance existing loans after graduation?


College Ave also offers Student Loan Refinancing for graduates. Refinancing your existing student loan debt can reduce your monthly payment and even the total cost of your loan. Plus, combining multiple loans into one loan can make repayment easier and simplify your life. College Ave Student Loan Learn More button

  • Easy online application – instant credit decision
  • Get your Refinance rate in 60 seconds
  • No application or prepayment fees1
  • Build a repayment plan that fits your budget


A better student loan experience.

Thinking about taking out a student loan to help pay for college? ALEC can help you find your way through the loan process.

Saving For College

Explore ways to finance college expenses and get advice on ways to seek out scholarships, grants and financial aid.

How Do Student Loans Work?

Learn the basics about how student loans work including different types of loans and repayment options.

Private or Federal Student Loans

Learn what the difference is between federal and private student loans.


Borrow responsibly:
We encourage students and families to start with savings, grants, scholarships, and federal student aid to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.