A LOAN DESIGNED
WITH YOU IN MIND.

Every student’s situation is different, so we offer Ascent Student Loans that can help Denver College of Nursing students:

  • Cover up to 100% of your tuition & eligible living expenses
  • 1% Cash Back Graduation Reward*
  • Choose from affordable fixed or variable rates
  • No application fees, origination fees or disbursement fees
  • No prepayment penalty if you pay your loan off early
  • Get a discount if you setup automatic payments

A Loan Designed with Students in Mind

Forget Application Fees

Applying for other private student loans can be costly. You don’t have to worry about unnecessary fees when applying for an Ascent loan:

  • No origination fees
  • No disbursement fees
  • No loan application fees

Pay After School

If you can’t commit to making payments while in school, you can choose to put off payments until 6 months after you leave school. Plus, you can pick your pace with a 5-year, 10-year or 15-year* repayment plan. Click here for a repayment example.

Release Your Cosigner

You can apply to release your cosigner after making the first 24 consecutive, regularly scheduled full principal and interest payments on-time and meeting the other eligibility criteria to qualify for the loan without a cosigner. (See FAQs for details.)

Master Your Money

It’s wrong to lose your financial freedom before you’ve even had a chance to earn it! As your financial partner, we want to set you up for future financial success. With Ascent, you’ll have access to free online tools that teach you how to manage your money and borrow responsibly.

What You Should Know

Rewards*

1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions. Click here for more details.

Affordable Rates –
Fixed Or Variable

Ascent Independent:  Variable rate loans are based on a margin between 1.90% and 12.50% plus the 1-Month London Interbank Offered Rate (LIBOR), rounded to the nearest 1/100th of a percent.  The current LIBOR is 2.261%, which may adjust monthly.  Your interest rate may increase or decrease, based on LIBOR monthly changes, resulting in an APR range between 3.71% and 13.01%.  Fixed rate loans have an APR range between 4.22% and 13.66%.  Competitive rates calculated monthly at the time of loan approval.  Click here for an Independent repayment example.

Ascent Tuition:  Variable rate loans are based on a margin between 1.90% and 12.50% plus the 1-Month London Interbank Offered Rate (LIBOR) rounded to the nearest 1/100th of a percent. The current LIBOR is 2.261%, which may adjust monthly.  Your interest rate may increase or decrease, based on LIBOR monthly changes, resulting in an Annual Percentage (APR) range between 3.71% and 13.01%.  Fixed rate loans have an APR range between 4.22% and 13.66%. Competitive rates calculated monthly at the time of loan approval. Click here for a Tuition repayment example.

(Rates are effective as of 07/29/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account..)

Discount

0.25% interest rate reduction for payments made via automatic debit.

No Application Fees

No origination, disbursement, or loan application fees.

Repayment Terms**

There is no penalty if you pay off your loan early.

  • Ascent Tuition: 5-year, 10-year or 15-year repayment terms. Ascent Tuition borrowers who choose a fixed rate option may ONLY select a loan term of five (5) or ten (10) years (60 or 120 months, respectively). For certain loans with low balances, the minimum monthly payment amount may cause the loan amortization schedule to be less than the selected term
  • Ascent Independent: ONLY 10-year repayment terms.

Repayment Options

  • Ascent Tuition:  Click here to view Ascent Tuition repayment examples.
  • Ascent Independent:  Click here to view Ascent Independent repayment examples.

Loan Amounts

Minimum:  $2,000
Maximum:  $200,000 (aggregate)

NOTE: Because the Independent loan is available to students without any reliance on cosigners, processing times may be longer and loan amounts may be lower than the loan amount requested.

Eligibility

  • Ascent considers several factors which may include: creditworthiness, school, program, graduation date, major, cost of attendance, and other factors that could allow for students to obtain a loan in their own name without a cosigner.
  • Ascent Independent loans are for college Juniors, Seniors and Graduate students that are full-time enrolled in a degree program at an eligible institution.
    • MUST be U.S. citizens or have U.S. permanent resident status.
    • MUST have satisfactory academic performance of 2.5 GPA or greater.

Loan Forgiveness & Forbearance

Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance. See Terms & Conditions for more details. The loan is forgiven if the student dies or becomes totally and permanently disabled.

Cosigner Release

You can apply to release your cosigner after making the first 24 consecutive regularly scheduled full principal and interest payments on-time and meeting the other eligibility criteria to qualify for the loan without a cosigner  Note that you must meet the program requirements for a solo student borrower, as well as certain credit and income requirements and elect to make payments via Auto Debit to be eligible for a cosigner release.

Help & Support

From your first application to your final payment, we’re committed to helping your every step of the way. Our 100% US-based Ascent Customer Service Team is here for you. Call our toll-free number at 877-216-0876 or email us at [email protected].

Before taking out private student loans, you should explore and compare all financial aid alternatives, including grants, scholarships, and federal student loans and consider your future monthly payments and income. Applying with a cosigner may improve your chance of getting approved and could help you qualify for a lower interest rate. Ascent Student Loans may be funded by Richland State Bank (RSB) or Turnstile Capital Management, LLC (TCM), which are not affiliated entities. Certain restrictions and limitations may apply. Ascent Student Loan products are subject to credit qualification, completion of a loan application, verification of application information and certification of loan amount by a participating school. All loan products may not be available in certain jurisdictions. Other terms and conditions apply. Ascent is a federally registered trademark of TCM and may be used by RSB under limited license. Richland State Bank is a federally registered service mark of Richland State Bank.

SEE TERMS & CONDITIONS