Ready to fund your higher education journey?
Another perk – there are no application, origination, or disbursement fees when you apply for a student loan with Ascent. Plus, you can check your rates without impacting your credit score.
Unlock your Potential with AscentUP*
Gain access to interactive college resources and coaching dedicated to boosting your financial, academic, and career success. We’re here to support this next phase of your journey in building your confidence, developing new skills, and jumpstarting your dream career.
*Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
Modify or Pause Payments
Manage your monthly payments and adjust your budget when unexpected life events happen. Explore our flexible payment plans, including your forbearance and deferment options.
REPAYMENT OPTIONS
- Deferred RepaymentPause Payments up to 9 months after graduation
- Interest-Only RepaymentPay at least the interest that’s added every month
- $25 Minimum PaymentMake a minimum monthly payment of at least $25 while in school
- Progressive RepaymentWith Ascent’s Progressive Repayment**, payments start small then gradually increase over time as students build their career and income.
- Immediate Repayment* Begin making monthly payments once loans are disbursed.Ascent’s parent student loans are only eligible for the full P&I (immediate) and interest-only repayment options.
See repayment examples.
**You may be eligible for Ascent’s Progressive Payment option if you submitted an Ascent loan on or after May 17th, 2019.
*The Full P&I (Immediate) Repayment option is only available for college loans (except for outcomes-based loans) originated on or after June 3, 2024. (See Terms & Conditions.)
DEFERMENT & FORBEARANCE OPTIONS
- Active-Duty Military Deferment
- In-School Deferment
- Residency / Clerkship / Internship / Fellowship Deferment
- Temporary Hardship Forbearance
- Administrative Forbearance
- Natural Disaster / Declared Emergency Forbearance
Having trouble making payments? Contact Launch Servicing at 877-209-5297 to discuss your options or fill out this Postponement/Deferment Request Form.
If you are still in school and are interested in Ascent’s In-School Deferment option, please review and fill out this In-School Verification Form with an authorized financial aid or school representative or request that your Financial Aid Office updates the National Student Clearinghouse. Please note, eligibility is based on verification of being enrolled at least half-time at an eligible institution.
Learn more about our forbearance and deferment options here.
1% Cash Back Graduation Reward
Graduating from college or grad school is a big milestone – and we want to celebrate your success with you! When you graduate, you can get 1% of your total original principal balance back in cash. Follow the button below to learn more or to claim your reward.
Ascent’s 1% Cash Back Graduation Reward is for eligible college students only and subject to terms and conditions. Eligible students must request the graduation reward from Ascent. Learn more at AscentFunding.com/CashBack.
Ascent’s parent student loans do not qualify for the 1% cash back graduation reward.
Refer A Friend and Earn Big
Recommend your friends to Ascent and you can earn an Amazon.com Gift Card2 for each friend you refer. The more you refer, the more you can earn.
Refer your fellow students, parents of college students, and anyone else in your community who is looking for ways to pay for college.
Earn money if a referred friend applies for a loan, is approved, and funds are disbursed.
No Prepayment Fees
Make early payments or fully pay off your loan at any time with no prepayment fees.
Some of our borrowers graduate from school, land jobs, and pay off their loans early. If you make early payments, you can reduce the amount of interest you accrue and lower your loan’s total cost!
Sign up for Autopay and Save
Get a discount when you sign up for automatic payments. Plus, when you enroll, you never have to worry about missing a payment.
0.5% DISCOUNT
Credit-Based Student Loan
Automatic Payment Discount applied when eligible borrowers make automatic payments on their Ascent credit-based student loan via auto debit from their personal checking account.
Automatic Payment Discount applied when eligible borrowers make automatic payments on their Ascent credit-based student loan via auto debit from their personal checking account.
1.00% DISCOUNT
Non-Cosigned Outcomes-Based Student Loan
Automatic Payment Discount applied when eligible borrowers make automatic payments on their Ascent non-cosigned outcomes-based student loan via auto debit from their personal checking account.
Automatic Payment Discount applied when eligible borrowers make automatic payments on their Ascent non-cosigned outcomes-based student loan via auto debit from their personal checking account.
Cosigner Release
Gain financial independence and release your cosigner after making 12 consecutive, on-time payments. You’re already building credit in your own name by having a cosigned or non-cosigned student loan. Our cosigner release helps set students up for financial success and removes your cosigner’s responsibility.
For full eligibility requirements, visit our Borrower Benefits page.
Additional Benefits for All Students
Ascent is committed to partnering with innovative companies paving the way for students to achieve financial wellness and a healthy well-being while attending college.
Avibra
Life Insurance
Avibra is a free mobile app offering content to improve your well-being as well as no-cost life insurance for students.***
Learn More
Chipper
Loan Management
Chipper is a dynamic loan management app that encourages students to tackle their student loans in a smarter and faster way. Thinking about grabbing an acai bowl this morning? Round up to the nearest dollar and apply those extra cents to your highest loan amount every week.
Learn More
Ascent Rewards
Cash Back Program
Ascent Rewards is an effortless cash back program designed to help students receive rewards by directing the cash they earn toward bills, savings, or charitable donations.***
Learn More
ChangED
Pay Your Loan
ChangEd is (literally) changing the way students build a secure and efficient way to manage their student loans. How does it work? ChangEd securely links to a student’s credit and debit cards, then rounds purchases to the next dollar and send that extra change to the loan servicer.
Learn More
Jobspeaker
Collaboration Platform
Jobspeaker is an online community of experts working to bridge the gap between education, employment and beyond. It’s a collaboration platform for students, jobseekers, college career services, and employers looking to bring on the right talent for their growing teams.
Learn More
Embark
Applications
Embark is a leading provider of online application and admissions software to schools, universities, colleges, and fellowship programs around the world. They launched, CollegeCents, to help students claim their financial aid.
Learn More***Ascent Funding, LLC receives a small commission for every user who clicks on this partner link and signs up to receive the services offered through Ascent’s Student Resources page. Ascent is not responsible for any loss or damage of any kind incurred as a result of the use of a partner site or reliance on any information provided on the partner site. The use of a partner site and where available a partner’s mobile application, and your reliance on any information contained therein, is solely at your own risk.
