You’re more than a credit score

Juniors, seniors and grad students: If you lack sufficient credit history
to qualify for a loan on your own, you may still be eligible for an
Ascent student loan without a cosigner.

Get Started
Eligibility Requirements

How it works
4 simple steps –
NO application fees.

Getting your student loans shouldn’t be complicated. From your first application to your final payment, we’re committed to helping you every step of the way.

  • Complete your application
  • Upload your documents
  • Select your loan offer
  • Get that money – if approved & certified

Am I eligible for a private student loan without a cosigner?

Student borrowers with no credit history, limited history with no adverse credit items, or pass the minimum credit requirements but do not have the income or repayment capacity requirements, are eligible. Alternative factors that impact eligibility may include: school, program, graduation date, major, cost of attendance, and other factors. Students obtaining a loan in their own name without a cosigner must:

  • Be a college junior, senior or graduate student enrolled full-time (or with an expected graduation date within 9-months of the date the loan application is submitted) in a degree program at an eligible institution.
  • Be a U.S. citizen or have U.S. permanent resident status.
  • Have satisfactory academic performance of 2.5 GPA or greater and meeting their school’s SAP requirements.
  • Be at least 18 years of age or at the age of majority in the respective state of residence.

Ascent benefits put students first

Non-cosigned option

You have the opportunity to qualify for a student loan without a cosigner and build credit in your own name.

Flexible payment options

You can choose from affordable fixed or variable rate, customize your repayment terms, and pay off your loan early without any penalty.

Benefits that put you first

We cover up to 100% of your costs of attendance. Plus, you can get 1% cash back at graduation, and a discount if you set up automatic payments.

Choose from affordable fixed or variable rates

Ascent offers private student loans without a cosigner at competitive rates.

Fixed APR

4.02% - 12.93%*

  • You make the same payment every month
  • Your interest rate is set the day you apply, and doesn’t change
Variable APR

3.31% - 12.62%*

  • Your payment may be more or less every month
  • Your interest rate may vary with market conditions

*Rates effective as of 11/01/2019 and include a 0.25% discount when you enroll in automatic payments.
Repayment Examples >

More ways to customize your student loan without a cosigner

  • Repayment Terms
    • Flexible 5-year, 10-year repayment terms. There’s no penalty for early repayment.

      NOTE: Ascent borrowers who choose a non-cosigned option with a fixed rate may ONLY select a loan term of ten (10) years (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.
  • Repayment Options
  • Discounts
    • 0.25% interest rate reduction for payments made via automatic debit.
  • Loan Amounts
    • Minimum: $2,000
      Maximum: $200,000 (aggregate)
      Maximum for academic year:: $200,000 for credit tested loans; $20,000 for non-credit tested loans

      NOTE: Because the non-cosigned 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.

Tips & tools for finanacial success

It’s wrong to lose your financial freedom before you’ve even had a chance to earn it! To help you borrow responsibly, we incorporate financial education into our application process and give you exclusive access to tools and content to help you get set for financial success.

Have questions about student loans without a cosigner?
We’ve got answers.

From your first application to your final payment, we’re committed to helping you every step of the way. Our 100% U.S.-based Ascent Customer Service team is here for you. Call us toll-free at 877-216-0876,email us at [email protected], or check out our top FAQs below:



What does “creditworthy” mean if I am applying without a cosigner?

Ascent considers several factors to determine creditworthiness, including, but not limited to minimum credit requirements:

  • All applicants must meet the following credit criteria:
    • Must not have defaulted on any private or government student loan; and
    • Have no reported bankruptcy within the past five (5) years; and
    • Have no unsatisfied repossessions, judgments, tax liens, foreclosures or garnishments by creditors; and
    • Have no settled or unpaid non-medical charge-offs or collection accounts that exceed $100 in total; and
    • Have no settled or unpaid medical charge-offs or collection accounts that exceed $500 in total;
  • If you are a student borrower without a cosigner, you must also meet one of the following criteria:
  • If you have less than two years credit history:
    • You must meet the above credit requirements
    • You are not subject to any minimum FICO score
  • If you have more than two years credit history:
    • FICO 680 or above
    • Have no delinquencies of sixty (60) or more days during the previous twenty-four (24) months

What are the Ascent income requirements for students without a cosigner?

If you are a student borrower with or without a cosigner AND have less than 2 credit history:

  • THERE IS NO MINIMUM INCOME REQUIREMENT.

If you are a student borrower without a cosigner and have at least 2 years credit:

  • You will be tested against the following criteria to determine your eligibility for the most favorable rates and terms available:
      • Minimum gross annual income of $24,000; and
      • Must meet a monthly debt-to-income (DTI) ratio.
      • Must submit satisfactory proof-of-income.

NOTE – Ascent applicants without a cosigner AND less than two (2) years of non-student loan credit history are not tested against any minimum current annual income criteria.  Instead, they are evaluated based on their school of attendance, program, major and other criteria that does not consider current annual income.

Can I qualify for an Ascent loan without a cosigner if I’m not full-time?

If you are a student borrower without a cosigner AND have less than 2 credit history you must:

  • Be a college junior, senior or graduate student enrolled full-time (or with an expected graduation date within 9-months of the date the loan application is submitted) in a degree program at an eligible institution.

If you are a student borrower without a cosigner and have at least 2 years credit you must:

  • Be a college student (undergraduate or graduate) at least half-time enrolled in a degree program at an eligible institution.

Ascent is recognized as a leading national private student loan program for non-cosigned loans based on future income