Private student loans
designed with you in mind

Ascent is an innovative private student loan program that provides access to higher education funding for an expanded population of undergraduate and graduate students, while encouraging the financial wellness of students and their families. We advocate awareness of the potential financial outcomes of your higher education choices (school, major, years in school, financing your education), helping you visualize where your career could go and what it could be – encouraging better decisions today to open up greater future opportunities.

Ascent offers loan products to help undergraduate and graduate students pay for higher education.

• Undergraduate students have the option to apply for a Cosigned Credit-Based Loan, Non-Cosigned Credit-Based Loan or Non-Cosigned Future Income-Based Loan (for eligible juniors and seniors – see eligibility requirements.)
• Graduate students have the option to apply for a Cosigned Credit-Based Loan or Non-Cosigned Credit-Based Loan. Ascent created customized repayment terms for:
  • Business School (MBA)
  • Dental School (DMD, DDS)
  • Law School (JD, LLM)
  • Medical School (MD, DO, DVM, VMD, DPM)
  • General Graduate School (Health Professionals, Nursing, Pharmacy, MA, MS, PhD, etc.)

The Ascent Student Loan program provides more opportunities to qualify for a loan with a cosigner or without a cosigner. Ascent’s award-winning Non-Cosigned Future Income-Based Loan (for undergraduate students) considers more than just a credit score, to give students the opportunity to qualify for a loan 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 2.00% for Undergraduate Non-Cosigned Future Income-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if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month.

Not necessarily. Ascent considers several factors including: creditworthiness, school, program, graduation date, major, cost of attendance, GPA, and other factors that allow for undergraduate students to potentially obtain a Non-Cosigned Future Income-Based Loan in their own name without a cosigner. Nevertheless, applying with a cosigner may result in a lower interest rate.

 

Students that have Deferred Action for Childhood Arrival (DACA) status or 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.