Private Student Loan Advice & College Financing Resources

 U.S. News & World Report, the global authority in rankings and consumer advice, has named Ascent the winner of the Best Private Student Loans for Parents as part of the 2026 Lending Awards.  “Being recognized by U.S. News & World Report as a Best Private Student Loan for Parents award winner underscores our focus on expanding access to education and driving economic mobility for student, that ultimately supports the entire family and future generations. We remain committed to delivering transparent, flexible solutions that support students and the parents and families who invest in their success,” said Ken Ruggiero, Co-Founder and CEO of Ascent Funding.  The awarded lenders were determined using a comprehensive, data-driven methodology which assessed factors including rates and fees, affordability, eligibility requirements, and customer service for lenders. For more information, read the Lenders Awards methodology.    “The 2026 Lending Awards recognize exceptional institutions, while also providing current and prospective borrowers with informed insights on financial institutions that can best support their personal financial needs and goals,” said Greg Garrison, consumer banking analyst at U.S. News.  U.S. News publishes consumer lending advice, calculators, mortgage rate forecasts, and more to help readers make the best money-related decisions for them. Consumers can find advice about personal and student loans, and much more at Money.USNews.com.  Why Ascent Stands Out  Ascent offers a range of benefits designed to support families navigating the costs of higher education:  Cosigner release opportunities* – Many students initially apply with a cosigner, with the option to release the cosigner later. This can be a significant benefit for the cosigner and the student, helping reduce long-term financial responsibility for the parents, and help the student borrowers establish their own strong credit.  No application, origination, or disbursement fees1 – Borrowers can focus on funding their education without added costs along the way.   Flexible repayment terms that fit every student – Ascent offers multiple repayment plans with fixed and variable interest rates, giving students the freedom to choose what works for them. Undergraduate students can start payments up to 9 months after graduation, while graduate and professional students have extended grace periods tailored to their programs (up to 36 months for medical, 12 months for dental).    AscentUP and internship program2 – Wrap-around support services and career-building opportunities designed to help students succeed in school, and prepare for the workforce, including access to exclusive paid internship opportunities.  Support for multiple programs – From traditional undergraduate and graduate degrees to career and trade school programs, Ascent offers options that meet diverse educational paths.  1% cash back graduation reward* – Eligible borrowers who meet terms and conditions can earn a reward when completing their program.  DACA eligibility – Eligible DACA students may apply for an Ascent loan, expanding access for students who may have fewer private loan options.  How Winners Are Selected  U.S. News evaluates lenders through a combination of quantitative metrics and editorial review, analyzing multiple key areas:  Interest rates and fees – Lenders are assessed on cost competitiveness, including any hidden or upfront charges.  Repayment flexibility – Options that allow borrowers to adjust schedules or choose terms that fit their budget are prioritized.  Cosigner support and release policies – For parents or students with limited credit history, these options can be a deciding factor.  Hardship programs – Availability of deferment, forbearance, or other protections when financial challenges arise.  Accessibility – Including eligibility for non-U.S. citizens, borrowers with shorter credit histories, and students in nontraditional programs.  Only lenders that balance affordability, transparency, and borrower support are recognized as winners. Being named a Best Private Student Loans for Parents signals that Ascent excels in these areas, helping families make informed financial decisions.  About U.S. News & World Report  U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services.  About Ascent  Ascent is a leading provider of innovative financial products and wrap-around student support services that enable more students to access education and achieve academic and economic success. Everything Ascent offers is designed by leading industry professionals and with advanced technology and innovation to increase every student’s ability to plan, pay, and succeed.   Ascent’s rare Outcomes-Based Loan provides funding to credit-invisible borrowers who generally do not benefit from traditional credit. Ascent products also include: Cosigned Loans, Solo Loans, Career Loans, Parent Loans, Graduate Loans, Access Loans, Enterprise Loans and Impact Loans.  * For more information, including eligibility requirements, terms, and conditions, please visit https://www.ascentfunding.com/ascentbenefitsterms  1Only Ascent college loans are eligible for no fees. Ascent career training loans are subject to a one-time origination fee of 5.0% of the loan amount. All Ascent loans are eligible for no application, disbursement, late, NSF or early payment fees.  2 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.  Please note: Ascent Funding, LLC products are made available through Bank of Lake Mills or DR Bank, each Member FDIC. Subject to credit approval.  Please borrow responsibly by maximizing scholarships and free financial aid, comparing federal and private student loans, and choosing the loan that best fits your needs. 

More high school grads are going straight to community college after graduation. Learn why students are choosing community college after high school.

Learn about Expected Family Contribution (EFC), now called the Student Aid Index (SAI), and its role in determining financial aid eligibility.

Subsidized and unsubsidized loans are part of the federal direct loan program and offer students various loan options. Learn more.

Wondering if you qualify for federal financial aid? Learn more about the eligibility requirements while submitting your Free Application for Federal Student Aid (FAFSA).

From forbearance and deferment options to general debt management, if you’re having trouble making student loan payments check out these 7 tips from Ascent Funding.

College application deadlines determine the dates student applications must be submitted to be considered for the upcoming school year. While every college is free to set its own application deadlines, many colleges have the same deadlines or at least similar ones. Most colleges offer multiple application options, including early action, early decision, regular decision, and rolling admission.  Which application deadline you submit can impact your eligibility for certain admissions or program types. It can also influence your likelihood of acceptance or the number of schools you can choose between. If you’ve been wondering when college applications are due for fall 2026, we have everything you need to know. When to Apply for College: Fall 2026 Most college application deadlines fall within narrow windows of about two weeks. This is because most colleges and high schools follow similar academic years, which simplifies the process for students and institutions. Below are some key college application deadlines to have on your radar for the 2025-2026 academic year.  Early action: November 1–15, 2025 Early decision: November 1–15, 2025 Regular decision: January 1–15, 2026 Rolling admission: No set deadline While you’ll have to start planning earlier, it’s smart to apply for early action or early decision if you can. The sooner you know what college you’ll attend, the less stress you’ll feel the rest of the year. Aim for the following college deadlines if you plan to apply for early admission for the 2026 school year:  April–May 2025: Take the ACT or SAT June 2025: Request letters of recommendation August 2025: Start writing your essays October 2025: Apply for student aid November 2025: Submit application Remember that these are just general guidelines. Application deadlines for colleges vary, so it’s important to check the official website of each school you’re interested in. Types of Application Deadlines for Colleges When college applications are due for fall 2026 is probably only your first question. You’ll also want to know what each type of application means and when you can expect a decision. Check out the chart of college deadlines below and then read on for more detailed information.  Admission TypeDescriptionApplication DeadlineAdmission DecisionEarly actionApply to a single school earlyNovember 1–15, 2025Mid-DecemberEarly decisionApply to multiple schools earlyNovember 1–15, 2025Mid-DecemberRegular decisionApply to multiple schools using the standard processJanuary 1–15, 2026Mid-March to early AprilRolling admissionOngoing admissions until all spots are filled No set deadline4–6 weeks after application Early Decision (ED) Deadlines Early decision allows you to apply to a single school (typically your top choice) early in your senior year of high school. If you’re admitted under early decision, you are committed to attending that college and must withdraw any other applications, so it’s important to be sure the school is the right fit.  Many colleges notify early-decision applicants by mid-December, giving you an earlier answer compared to other application types. However, since you must commit if you’re accepted, you won’t have the opportunity to compare financial aid offers from multiple schools. Early Action (EA) Deadlines Early action allows you to apply to a school early in your senior year of high school (often at the same or similar deadline to early decision). Unlike early decision, early action is non-binding, meaning you can apply to multiple schools and wait to make a final choice. This allows earlier awareness and more flexibility in the college decision process. Some schools offer restrictive early action, which limits how many early applications you can submit, so be sure to check each school’s policies. Regular Decision (RD) Deadlines Regular decision is the standard application process. Applications are due in late fall or early winter, and acceptances are sent out in late winter or early spring. You may apply to several colleges under regular decision deadlines without forming a binding commitment. This option gives you the most time to complete your application, gather recommendation letters, and improve your academic record before applying. Rolling Admissions Deadlines Schools with rolling admissions have no set deadline and typically accept applications from fall through spring, often from September to June, though it varies. Decisions are usually sent out within a few weeks of applying, which means you may receive an acceptance letter much sooner than with regular decision. While this offers flexibility, it’s still best to apply as early as possible, because spots may be limited later in the admission cycle. College Transfer Deadlines College deadlines for transfer students vary tremendously from institution to institution and semester to semester. For example, most colleges that accept transfer students have separate fall semester transfer deadlines, spring semester transfer deadlines, and summer semester transfer deadlines. Some schools also have priority deadlines for transfer students, which can help increase your chances of receiving financial aid or securing a spot in competitive programs. Scholarship Deadlines Applying for scholarships on time is one of the most important things you can do to improve your likelihood of both receiving financial aid and increasing the amount of aid you receive. Since deadlines vary widely, it’s a good idea to keep a list of upcoming scholarship opportunities and submit applications as early as possible. Some scholarships require essays, recommendation letters, or additional materials, so give yourself plenty of time to prepare.  Get a head start on scholarships by applying for one of Ascent’s no-essay scholarship giveaways today. Late Applications and Special Conditions Application deadlines for colleges are strict and not meeting them usually means you will not be accepted into that school (especially for more competitive schools). But if you miss a deadline, it does not mean all hope is lost. Late college applications can present special challenges, but you may have options. Here are some of the most helpful things you can do: Apply for rolling admissions: Because institutions with rolling admissions accept applications until all spots are filled, they may be an option for applicants who missed deadlines at other schools. Research late deadline options: Some colleges offer extended deadlines for specific circumstances, especially if their class has not been filled. Check admissions websites for details or contact the admissions office directly. Be prepared to explain why you could not meet the application deadline, supported by documentation. Seek a deadline extension: Even if your desired school doesn’t have an extended deadline, they might be willing to accommodate special circumstances if notified in advance. To maximize your chances of consideration, contact admissions offices as early as possible, explain the circumstances clearly and concisely, and offer a plan with a reasonable timeline.  Explain in your application: Address any challenges or adversity you have faced, especially if these circumstances impacted your ability to meet the application deadline. Many colleges provide a section where you can provide additional context or include a personal statement that can be leveraged for this purpose. Seek support from guidance counselors: High school guidance counselors can provide general support and may have advice on handling your particular circumstances.  Pros and Cons of Early Applications There are many potential benefits of meeting early application deadlines for college. However, some early application deadlines might bind you to a particular school, so it is important to be careful. Some of the most important benefits of early applications include: Increased chance of admission: Most colleges have a higher acceptance rate for early applicants. Applying early shows you’re serious about attending, especially if you’re willing to commit through early decision. Many schools take that into account. Plus, you’ll have less competition because the pool of applicants is smaller. Higher priority for financial aid: Financial aid is limited to public and private sources. Many institutions distribute aid on a first-come, first-served basis, and many private and public scholarships do the same. Reduced stress: Not only does hearing back early reduce the stress associated with waiting to hear back from college (especially if it is the student’s dream school), but it also gives both you and your family more time to plan, prepare, and apply for financial aid and scholarships. However, when college applications are due early, you might feel rushed or run into other disadvantages: Early decision is binding: If you apply early decision and are accepted, you must attend that school, which means you can’t compare financial aid offers from other colleges. This can be unfavorable if the school doesn’t offer enough financial aid to meet your needs. Less time to prepare: Early deadlines mean you have less time to improve your GPA, strengthen your extracurricular activities, or retake standardized tests. If you need more time to boost your application, applying early may not benefit you. Key College Applications Deadlines 2024 Most college application deadlines fall within narrow windows of about two weeks. This is because most colleges and high schools follow similar academic years, which simplifies the process for students and institutions.  Below are some key college application deadlines to have on your radar for the 2024-2025 academic year: Early Decision and Early Action Deadlines – November 1-15, 2024 Regular Decision Deadlines – January 1-15, 2025 Rolling Admissions – Ongoing until all spots are filled  Financial Aid deadlines – Dates vary Scholarship deadlines – Dates vary Remember that these are just general guidelines. It’s important to check the official website of each school you are interested in for that specific institution’s deadlines. Tips and Strategies for Meeting College Application Deadlines As you start thinking about when college applications are due, you should also be getting organized so you can make sure your applications are accurate, submitted on time, and paint you in the most favorable light. Here are some tips and strategies: Create a timeline: Develop a detailed timeline that includes application deadlines for the schools you want to apply to, standardized test dates, and any other relevant milestones.  Set incremental goals: Break down large tasks into smaller, more manageable steps. Identify which tasks require the most time, like completing essays and gathering recommendation letters, so you can prioritize those. Utilize digital tools: Apps like Trello, Notion, Evernote, or Todoist can help you list application deadlines, scholarship due dates, and test registration cutoffs. Set reminders to give yourself time to finalize everything. Set up a specially dedicated calendar: Calendar apps like Google Calendar allows you to color-code and categorize, set reminders, sync your calendar across devices, and share it with your supporters. Keep all documents in one place: Use Google Drive or Dropbox to store copies of your transcripts, essays, recommendation letters, and test scores so you can easily access everything you need. Apply with Confidence with Ascent While you may be wondering when college applications are due, that’s just one step in achieving your higher education goals. One of the most important decisions you must make regarding your education is how to pay for college. Although financial aid and scholarships may cover a portion of your expenses, they may not cover the full cost of attending college.  Ascent's private undergraduate student loans can help fill those gaps. Our cosigned student loan and no cosigner student loan options are designed to provide students and their families with the support they need. Let us help you achieve your financial and educational goals. FAQ When Should You Start Applying for Scholarships for College? You can start applying for scholarships as early as your junior year of high school, and some colleges even accept applications from younger students. Many scholarship deadlines fall between the summer before senior year and early spring of senior year. Applying early gives you more opportunities to secure financial aid and reduces the amount you need to borrow for college. Do You Apply for College Junior or Senior Year? Most students begin the college application process in the summer or fall of their senior year. However, junior year is a great time to start researching schools, preparing for standardized tests, and gathering application materials. Some special programs or early admissions opportunities may allow students to apply before senior year, but most regular applications open in August or September of senior year. How Strict Are College Application Deadlines? Application deadlines for colleges are typically very strict, and missing them can mean losing your chance to apply for that term. Some schools may offer late application options, but competitive programs usually have firm deadlines with no exceptions. It’s always best to submit your application early to avoid last-minute issues and ensure everything is received on time. When Are Application Deadlines for Colleges? Most early decision and early action deadlines fall between November 1 and November 15, while most regular decision deadlines fall between January 1 and January 15. However, every college can set its own application deadlines, so you should check with the official admissions website or the admissions department of every college you’re considering. What Does the FAFSA Have to Do with the Deadline to Apply for Colleges? The Free Application for Federal Student Aid, better known as FAFSA, is closely tied to college application deadlines, and its submission is a critical component of the financial aid process. Many colleges use the FAFSA to determine a student’s eligibility for financial aid, such as federal grants, work-study programs, and federal student loans. It's important to submit the FAFSA as early as possible to maximize eligibility for certain aid types and meet FAFSA deadlines. Check out the Ascent guide to FAFSA for more information.

Ascent Funding explains what student loan forbearance is and what the pros and cons of forbearance are. Learn more and see if you qualify.

EFC stands for Expected Family Contribution and is a number used in the FAFSA process to help calculate your eligibility for financial aid. Learn more about EFC and the switch from EFC to SAI.

If college savings or financial aid falls a bit short, you may find yourself exploring different loan options to help fund your student’s education. However, that can feel like navigating through a wild maze of options. Thankfully, there are loans to help you support your student, including two loan types for parents: private parent loans and federal parent PLUS loans.   These loan options have their own set of rules, benefits, and downsides and the choice you make could affect your finances and your student’s academic path. Understanding federal parent PLUS loans vs. private loans can help you make smart financial decisions that meet your needs while ensuring that your student gets a great education.  At a Glance: Parent PLUS Loan vs. Private Loan  ​​​Understanding the difference between federal parent PLUS loans vs. private student loans is a crucial first step to financing your student’s future. Here’s a quick side-by-side comparison of each college student loan:  Feature Private Parent Loans Parent PLUS Loans Type of Interest Fixed or variable Fixed Interest Rates 3.39%-17.99% (Source) 9.08% for 2024-25 school year (Source) Origination Fees Varies by lender; Ascent’s Parent Student Loan has no application, origination, or disbursement fees 4.228% Repayment Terms Varies by lender; typically 5-25 years Varies by loan balance and repayment plan; 10-25 years Deferment Options May offer deferment or forbearance options based on the lender Deferment or forbearance options are available, though terms may vary Borrowing Limits Up to cost of the school's attendance; some lenders have set borrowing limits Up to the cost of the school's attendance minus federal financial aid Credit Requirements Varies based on the lender; typically above 600 Additional application requirements for those with adverse credit histories FAFSA Requirement? No Yes Degree Type Undergraduate or advanced degrees Can only be used for undergraduate degree  What Is a Parent PLUS Loan? Parent PLUS loans, now known as Direct PLUS loans, are federal loans with fixed interest rates and fees currently set by the U.S. Department of Education. Parents of dependent undergraduate students can apply for these loans to cover education expenses for college and select trade schools, or other career training institutions. The fixed interest rate provides more stable repayment options but can come with a higher interest rate compared to private student loans.  To be eligible for a parent PLUS loan:  You need to be the biological or adoptive parent of a dependent undergraduate student (legal guardians or grandparents are only eligible if they legally adopt the student).  You must meet minimum credit requirements based on a credit check.  Students must meet the overall financial aid eligibility requirements.  Students must be a U.S. citizen or eligible non-citizen.  The student can’t have student loan defaults unless resolved or consolidated into another federal loan.  What Is a Private Parent Loan?  A private parent loan, often referred to as a parent student loan, can help parents secure a loan to cover any costs that exceed what federal loans and financial aid cover for your student’s education, including non-tuition expenses.   When comparing private parent student loans vs. private student loans for students, a private loan:  Allows a legal guardian to apply if their student is working toward an undergraduate or a graduate degree, or certification education at an eligible school.   Gives other options for families who do not meet all the loan requirements.   Can offer more competitive rates.  Can provide the additional funding needed to fully cover education costs but may have more stringent credit requirements.  May offer flexible repayment options and allow borrowers to defer payments while your student is in school.  Not all schools are eligible to certify a parent student loan, so be sure to check with the student’s school before applying. You can check your rate with Ascent without impacting your credit score here.    Parent PLUS Loans vs. Private Student Loans: What’s the Difference? Each college student loan type offers unique benefits and challenges that can influence your financial roadmap. Below is a summary comparison of parent PLUS loans vs. private student loans:   Interest rates: Private student loans may offer varying interest rates depending on your credit score, while parent PLUS loans have a fixed interest rate set by the government.  Fees: Both loan types may come with fees, but the types of fees and amounts can differ. It’s important to understand what fees you may incur, so you’re not paying more than you need to. (An Ascent Parent Student loan has no fees, ever.)  Repayment terms: Private parent loans may provide a range of repayment options depending on the lender. Ascent’s Parent Student loan features both Interest-Only and Immediate Full Principal & Interest (P&I) in-school repayment options. Parent PLUS loans have three repayment options: Standard Repayment, Graduated Repayment, and Extended Repayment.  Deferment options: Some private loans may offer deferment options while your student is enrolled in school. Parent PLUS loans also offer deferment options, though the terms may vary. Remember that during deferment, interest continues to accrue on the loan.  Eligibility criteria: Private lenders may have unique credit and income eligibility requirements, so check the eligibility requirements to make sure you qualify. You cannot have an adverse credit history with Parent PLUS loans and must meet general eligibility requirements. In either case, a hard credit check may be done.  Loan amounts: The loan amounts for private parent loans can vary depending on your credit history, while a parent PLUS loan amount is limited to the full cost of your child’s education, including tuition, room, board, and other associated costs.  How to Decide Between a Parent PLUS Loan and a Private Student Loan Choosing the right student loan option will depend on your financial situation and unique needs. Before deciding, consider the financial aid package your student may receive, which will outline the cost of attendance and the federal loans and/or grants they’re eligible for.  Your creditworthiness, income, and budget are also important factors that may influence your decision between a parent PLUS loan vs. a private loan.   When a Parent PLUS Loan Might Make Sense  A parent PLUS loan may be a good option if:  You have an average or mediocre credit score: Since parent PLUS loans are based on when you borrow, rather than on creditworthiness, you don’t have to have good or excellent credit to benefit. You must show that you don’t have an adverse credit history that includes issues like bankruptcy.  You work for a nonprofit or are a public servant: You may be eligible for the Public Service Loan Forgiveness (PSLF) program if you took out a parent PLUS loan.   You want to consolidate into a federal student loan: Many people with federal loans make use of income-driven repayment plans, but those apply to federal student loans, not parent PLUS loans. However, you may consolidate into a federal loan if you are eligible and thus qualify for income-driven repayment plans.  When a Private Loan Might Make Sense  A private loan may be a good option if:  You have a good to excellent credit score: Interest rates for private loans are partially based on the borrower’s creditworthiness. When comparing parent PLUS loans vs. private loans, you’ll likely get a better rate on a private loan if you have great credit.   You prefer a shorter loan term: Private loans often have more repayment term options.   ​​You can pay the loan quickly: Private loans may offer variable interest rates. If you borrow while rates are low and can pay it back quickly, you could capitalize on those low interest rates.​​​  ​​​You are trying to build your credit: Borrowing private student loans can help build and improve your credit history when managed responsibly. Since private student loans are reported to credit bureaus, making on-time payments consistently can strengthen your credit score over time. A strong credit profile can open doors to better interest rates on future loans, credit cards, and even housing opportunities. ​​  Alternatives to Parent Student Loans While parent student loans are a common solution for covering education costs, other options are available. Research may uncover other financing options that better fit your budget and needs to help cover your student’s school expenses. Other financing options include:  Cosigned loans: This allows a parent or cosigner to share the financial responsibility for the loan with their student. Cosigned loans can make it easier for your student to qualify for a loan or secure a better interest rate, especially if you have a good credit history. For a deeper dive into cosigning, check out our article: why do you need a cosigner?  Researching scholarships: Explore private scholarships available for your child’s field of study or extracurricular activities.​ Ascent has awarded over $330,000 in scholarship giveaways to date. ​  Discussing alternative financial aid options with your college or trade school: Engage early with financial aid offices at prospective colleges to understand all available options to ensure you maximize available aid.  Exploring savings plans: Consider establishing an education savings plan early to help offset future education costs.   Considering work-study programs: Work-study opportunities can help your family cover education costs while providing your student with valuable work experience. You can check to see if you’re eligible for work-study programs by completing the Free Application for Federal Student Aid (FAFSA®).  Choosing an affordable school: Consider colleges or trade schools that fit your budget, so you don’t have to borrow as much. In-state institutions, public universities, and trade schools may be more affordable if you’re on a tighter budget.  Learn More with Ascent Navigating the financial path to higher education can be challenging for parents and students, and understanding your options is the key to making informed decisions about your future and finances. Whether you’re a parent, guardian, or student borrower, Ascent is here to help you decide between a parent PLUS loan vs. a private loan so you can achieve your financial goals. For more tips and resources, check out our financial wellness center or follow our blog for new updates. FAQ  What Are the Negatives About Parent PLUS Loans?  Potential drawbacks of a parent PLUS loan are that they are non-transferable, may have higher interest rates, and have no grace period (parents are expected to start paying on the loan within 60 days of loan disbursement).   Do Parent PLUS Loans Get Forgiven When a Parent Dies?  Yes, if ​a parent​​, ​or the qualifying student​,​ dies, the loan will be discharged.   Do Parent PLUS Loans Have Lower Interest Rates?  No, parent PLUS loans typically have higher interest rates because eligibility isn’t based on creditworthiness. If you have good credit and desire lower interest rates, private lenders may offer better rates for student loans.  What Disqualifies You from a Parent PLUS Loan?  An adverse credit history may disqualify you for a parent PLUS loan. Adverse history occurs if you have issues like bankruptcy or foreclosure on your record. You may be able to appeal or add a cosigner to receive a parent PLUS loan.   Is It Better for a Parent or Student to Take Out a Private Loan?  Generally, if the parent has a good credit score, they may qualify for better interest rates and terms. However, if your student qualifies for financial aid and federal student loans, it may be beneficial to start there so you’re only taking out additional loans for what you need.  

Making the decision to go to dental school is a big decision. That’s why it’s important to have a clear understanding of the financial investment that you are signing up for. As you begin to explore your dental school options, you’ll also come across how you’ll navigate the costs and fund your education. Whether you are just starting to think about dental school, or starting your application, this guide will offer you the tools and information you may need about DAT fees, finding ways to pay for your tuition through scholarships, payment plans and more, to make your process easier and get you started on the right track.   “Pursuing a career in healthcare is undeniably challenging, but for those fueled by true passion, it becomes a deeply rewarding journey. The first and most important step is developing the right mindset and being prepared.” - S. Chintalapudi, Dental School Applicant  What is the DAT & What Are the Fees?  The DAT is the Dental Admission Test and it is crucial to your application process. The exam includes four sections timed over five hours and fifteen minutes. It is accepted by all dental schools in the U.S., and select schools in Canada, and is one of the factors that is considered when evaluating a potential student. When you apply for the exam, there is a non-refundable and non-transferable exam fee of $560. There is also a partial fee waiver that can cover 50% of the exam fee and 100% of a full practice test, but there are a limited number available per year. Additionally, you may have to qualify for additional requirements that you can find on the American Dental Association website and Candidate Guide.   In addition to figuring out how you will pay for the costs of the test, also make sure to choose the right testing day for you. Give yourself enough time and budget to take all the practice exams you may need and hire a tutor if  needed. Planning for your DAT exam properly will help set you up for success, both academically and financially!  “Beyond tackling rigorous science classes, you might need tutoring, which can range from free to $30 an hour. Shadowing dentists and volunteering are typically free but require significant time investment. Then comes preparing for the DAT. Prep courses range from $400 to over $1,000. Accelerated courses focusing on “high-yield” topics add another $100 or more per class. While many resources are available, programs like DAT Booster or Bootcamp often provide sufficient preparation within three months to six months.” - S. Chintalapudi, Dental School Applicant  Understanding Tuition  Similar to undergraduate tuition, dental school tuition can vary depending on if you are attending a public or private institution. On average, public dental schools have a total tuition of about $180K and private total tuition of up to $330K, as according to the ADA. However, tuition does not include everything you may need when in school. There are additional costs for dental instruments, textbooks, living expenses such as housing, food, transportation, and other potential school materials. These expenses could impact you by potentially adding another $32,000 or so to your total expenses.   “When interviewing at each school, the administration is pretty transparent on what the cost breakdown for everything is, but I didn’t expect dental school to cost more than medical school!” - T. Nguyen, Current Dental School Student   What are your funding options?  Don’t let the expenses overwhelm you. There are many ways you can fund your tuition and other expenses while in school.   Work Study: There are work study programs that give you the opportunity to earn money while also gaining experience on or off campus. Check with your school to verify if this is an option for you!   Part-Time Employment can also help provide a source of income as you balance work and study hours.   Payment plans may be another option for you if your school offers them. Payment plans allow you to separate your tuition payments into installments rather than paying the full amount all at once, which can make the expense more manageable.   Scholarships are also an option for you whether you are an undergraduate or graduate student. Ascent has helped students by awarding over $330,000 in no-essay scholarship giveaways! Big or small, any amount you are awarded can help cut your costs.   Ascent offers Dental School Loans with flexible repayment plans!  Get the financial flexibility you need to attend dental school by exploring your options and taking note of how you can prepare as you start applying.   “Expenses can accumulate quickly, including DAT prep courses, interview travel costs, primary and secondary application fees. However, planning ahead and seeking out resources and mentorship can make a significant difference in navigating this process more smoothly.” - M.Le, Dental School Applicant  Before you begin your dental school journey, keep in mind the costs of the Dental Admission Test (DAT), tuition, and living expenses. Being proactive in figuring out your funding options is the first step to preparing for a successful journey. While the application process and funding options can seem intimidating, Ascent is here to provide the information and resources that you may need. Contact a student loan specialist today.