College Loans

Ascent gives you more opportunities to pay for college with or without a cosigner.

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Cosigned

Credit-Based Loans

For students with a creditworthy cosigner (for U.S. citizens, DACA & international students)


6.16% – 16.09%


4.09% – 15.71%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with an eligible cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 5, 7, 10, 12 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment
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Non-Cosigned

Outcomes-Based Loan

For juniors & seniors with a 2.9+ GPA & no credit score**
(Must be a U.S. citizen or permanent resident or DACA recipient)
**NOTE: No score means insufficient credit history to produce a score. If you have a score it must meet a minimum score required.


13.27% – 15.18%


12.94% – 14.93%

  • Enrolled full-time OR graduating within the next 9 months
  • Maintain GPA of 2.9+ AND meet your school’s satisfactory academic performance (SAP)
  • Must be a U.S. citizen or permanent resident or have Deferred Action for Childhood Arrival (DACA) status

  • 10 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school.
astronaut in spacesuit

Non-Cosigned

Credit-Based Loan

For students that qualify based on income & credit
(Must be a U.S. citizen or permanent resident or DACA recipient)


9.26% – 15.19%


8.89% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or permanent resident or have Deferred Action for Childhood Arrival (DACA) status
  • Must have at least 2 years of credit history and meet credit and income requirements

  • 5, 7, 10, 12 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

MBA

Student Loans

For graduate students persuing their MBA with or without a cosigner.


7.18% – 15.19%


5.09% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 7, 10, 12 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

  • Postpone payments up to 9 months after graduation

  • Maximum in-school period is 36 months

Medical School

Student Loans

For graduate students persuing their MD, DO, DVM, VMD, or DPM with or without a cosigner.


6.69% – 15.19%


5.01% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without a with a creditworthy cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 7, 10, 12, 15 or 20-Years

  • Deferred Repayment: Start payments up to 36 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

  • Postpone payments up to 36 months after graduation

  • Maximum in-school period is 48 months

Dental School

Student Loans

For graduate students persuing their DMD or DDS with or without a cosigner.


7.02% – 15.19%


5.09% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 7, 10, 12, 15 or 20-Years

  • Deferred Repayment: Start payments up to 12 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

  • Postpone payments up to 12 months after graduation

  • Maximum in-school period is 48 months

Law School

Student Loans

For graduate students persuing their JD or LLM with or without a cosigner.


7.18% – 15.19%


5.09% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 7, 10, 12 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

  • Postpone payments up to 9 months after graduation

  • Maximum in-school period is 36 months

General Graduate

Student Loans

For graduate students persuing their MA, MS, PhD, or other graduate school programs with or without a cosigner.


7.18% – 15.19%


5.09% – 14.81%

  • Enrolled at least half-time
  • Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
  • International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

  • 7, 10, 12 or 15-Years

  • Deferred Repayment: Start payments up to 9 months after leaving school
  • In School Interest-Only Repayment
  • $25 Minimum Payment

  • Postpone payments up to 9 months after graduation

  • Maximum in-school period is 36 months

*Rates displayed above are effective as of 03/18/2024 and reflect an Automatic Payment Discount of 0.25% on credit-based loans when you enroll in automatic payments. For more information, see repayment examples or review the Automatic Payment Discount Terms and Conditions. The final amount approved depends on the borrower’s credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest rates require interest-only payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the repayment examples above, based on the amount of time you spend in school and any grace period you have before repayment begins.

We’re proud to provide award-winning loans for lifelong learners.

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Editors Choice Award Ascent Badcredit.org

Ready to fund your higher education journey?

Check your rates without impacting your credit score.

Tips & tools for financial success

Don't lose your financial freedom before you have the chance to earn it! To help you borrow responsibly, we incorporate financial wellness into our application process and give you exclusive access to tools and content to help you get set for greater financial success. Financial Wellness Tips

Have questions about private student loans?
We’ve got answers.


Who is Ascent?
Ascent Funding is an award-winning lender, committed to revolutionizing how you pay for higher education at colleges and coding bootcamps. Ascent empowers students from all economic backgrounds and disciplines (including DACA students) to maximize the return on their education with resources such as our  Bright Futures EngineBootcamp Selector, and financial wellness tips. To set students up for success, we offer scholarships (over $80,000 this year) and exclusive benefits for students.
What types of private student loans does Ascent offer?
Ascent offers loan products to help undergraduate and graduate students pay for higher education.

Why should I choose an Ascent loan?
The Ascent Student Loan program provides more opportunities to qualify for a loan with a cosigner or without a cosigner. Ascent also offers credit-based loans for graduate students. Ascent loans are competitively priced. You can choose from affordable fixed or variable rates, customize your repayment terms, and pay off your loan early without any penalty. In addition, Ascent offers benefits that can help save money with a 1% Cash Back Reward upon graduation and an Automatic Payment Discount of at least 0.25% for Credit-Based Loans and in some cases up to 1.00% for Undergraduate Non-Cosigned Outcomes-Based Loans. The Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month.
Do I need a cosigner?
Not necessarily. Ascent considers several factors including: creditworthiness, school, program, graduation date, major, GPA, cost of attendance, and other factors that allow for undergraduate students to potentially obtain a Non-Cosigned Outcomes-Based Loan in their own name without a cosigner. Nevertheless, applying with a cosigner may result in a lower interest rate.

 

Students that are a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status may apply without a cosigner.  Students that are not a U.S. citizen or U.S. permanent resident may apply with a creditworthy cosigner that is a U.S. citizen or U.S. permanent resident.