Best Student Loan Experience

PrimeWay has partnered with College Ave to be able to offer student loans that are made to make paying for college simpler and more affordable. We give you great interest rates and let you choose how and when to pay back your loan, with options that fit your needs. 

Yes, family members can get a special loan to help pay for a student's college. This "Parent” Loan is only in the borrower's name, not the student, and the borrower is fully responsible for paying it back. 

Another option is to be a cosigner on the student's private loan. This means you and the student share equal responsibility for repaying the borrowed money. 

To get a government student loan, you need to fill out a form called FAFSA. If you decide to apply for a PrimeWay College Ave loan, it's fast and simple - you can do it in about three minutes. What makes us different from most other private lenders is that we let you pick how you want to pay back your loan. This helps you find a loan that works best for your situation and your money. 

When you cosign a loan, you are promising to pay it back if the student can't. You and the student are equally responsible for the loan. This means if the student can't make payments, you'll have to pay instead. 

The monthly payments can come from either you or the student - it does not matter which one of you pays as long as the loan is being paid back. 

Students from other countries can get a loan if they have two things: 

• Their own social security number 
• Someone to back them up (called a cosigner) who is either a US citizen or has a green card 

Undergraduate and Graduate Loan Eligibility: 

To get this loan, you need to: 

• Be 16 or older
• Go to a school in the US that's on our list (you'll see this when you apply)
• Have a social security number
• Be doing well enough in school according to your school's rules 

Getting approved depends on how good your credit is and how much money you make. If someone's backing you up on the loan, their credit and income matter too. 

If you're a student from another country, you can still apply if you have someone from the US (either a citizen or green card holder) to back you up on the loan. 

Parent Loan Eligibility: 

The Parent Loan is for family members who want to help pay for a student's education. This includes parents, grandparents, guardians or other relatives like aunts or uncles. 

To get this loan, you need to:  

• Be a US citizen or have a green card
• Be helping a college student (undergraduate or graduate) at a school on our list
• Make sure the student is doing well enough in school according to their school's rules 

Getting approved depends on how good your credit is and how much money you make. The loan is based on the helper's information, not the students.  

Yes! PrimeWay lets you combine multiple loans into one. This is called refinancing. It might help you in two ways:  

• You could get a lower interest rate, which means paying less over time
• You can change how long you have to pay back the loan to fit your money situation better 

Refinancing your student loans with PrimeWay can offer several advantages: 

• Make things simpler by turning many student loans into just one
• May pay less interest, which could save you money in the long run
• Change how long you have to pay back the loan to fit your budget 

Refinancing means getting a new loan to replace your old loan or loans. People usually do this for two main reasons: 

• To try and get a lower interest rate, which could save them money
• To change how the loan works, like how long they have to pay it back