For Provosts & Presidents
New AACTE Exclusive Member Benefit: College Ave Partnership
Leaders in educator preparation face a critical challenge that threatens the future of graduate programs. The elimination of the Grad PLUS loan program and the new $20,500 cap on federal borrowing for part-time students has created major funding gaps for many graduate students — especially in Colleges of Education. Without adequate federal support, talented future educators may be forced out of preparation programs or pushed into high-interest private loans that jeopardize their careers.
AACTE has an innovative solution. We are partnering with College Ave to offer a simple,
flexible private loan solution for undergraduate and graduate pursuing a degree in education.
| 0.25%
Interest Rate Reduction* Exclusive discount on interest rates for AACTE member institution students |
3.0%
Loan Principal Reduction* Direct reduction on the loan principal, putting money back in students’ pockets |
| *Applies only to principal balance in good standing at the instance when credit applied | |
Benefits For Your Institution
- Membership that pays for itself. Based on Federal Reserve research, if just 12 undergraduate or graduate students use these exclusive savings, the total benefit to those students exceeds the cost of your annual AACTE dues. Helping a small group of students access this benefit fully offsets your membership investment.
- A recruitment advantage. Prospective students are weighing the true cost of their education before they ever enroll. Offering an exclusive, better-than-market lending benefit gives your institution a tangible edge in recruitment conversations — particularly for students who are on the fence about affordability.
- Stronger retention. Financial pressure is one of the leading reasons graduate students leave programs before completion. Giving enrolled students a viable path to cover their funding gap keeps them in their seats and on track to graduate.
- Enrollment stability. Sustained recruitment and improved retention translate directly to healthier enrollment numbers — and the tuition revenue and program viability that depend on them. This benefit isn’t just good for students. It’s good fiscal stewardship.
Are you ready to share this benefit with your students? If you are an AACTE member, create your member profile with your university email address to access the Provost/President Toolkit.
If you are not an AACTE member, join now.
Disclaimer: AACTE does not endorse, recommend, or guarantee College Ave. or any other lender or loan product and is not responsible for the terms, conditions, underwriting decisions, or performance of any loan. All loan decisions are made solely by the lender, and AACTE does not guarantee that you will be approved for or receive a loan.
