We’re honored to be recognized as the best student loan for 2021.
Ascent puts you and your family first.
Cosigner release option
Build credit in your own name and apply to release your cosigner after making 12 payments on-time or an equivalent amount and meeting additional eligibility criteria.
Flexible payment options
Choose from affordable fixed or variable rates, customize your repayment terms, and pay off your student loan with a cosigner early and without penalties.
Check your pre-qualified rates without impacting your credit score.
Getting your cosigned 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.
Applying for a private student loan typically requires that you meet certain credit score and income requirements. But, as a student, you may not qualify for a loan in your own name or for the amount you need to cover all your expenses. That’s the time to consider applying for a student loan with a cosigner who takes on the obligation to make payments in case you fall into financial hardship.
You can apply to release your cosigner after making twelve (12) consecutive full principal and interest payments on-time or an equivalent prepayment amount while also meeting the other eligibility criteria to qualify including, but not limited to meeting certain minimum credit and income requirements and completing a Cosigner Release application. See full eligibility criteria requirements here. With Ascent loans, you can request to release your cosigner directly with Launch Servicing.
Note: The option to apply to release the cosigner is only available to student borrowers who are U.S. citizens or have U.S. permanent resident status or DACA students and is not available to students who are not U.S. citizens or U.S. permanent residents.
Choosing a private student loan with a cosigner may offer a number of benefits when payments are made on time, including
Even if you have a cosigner, you can apply to release your cosigner after making twelve (12) consecutive full principal and interest payments on-time or an equivalent prepayment amount while also meeting the other eligibility criteria.
A cosigner agrees to become legally responsible to make your student loan payments if, for whatever reason, you are unable to in the future, so it’s important to choose someone who is reliable and meets the eligibility requirements.
Here are a few common types of cosigners:
A cosigner agrees to take equal responsibility for the college loan. This means that if the student borrower is not able to make the payments, the cosigner is still legally obligated to pay the loan. Either party can make the required monthly payments.
Ascent offers credit-based private student loans with a cosigner at competitive rates.
*Rates displayed above are effective as of 10/01/2022 and reflect an Automatic Payment Discount of 0.25% (for Credit-Based Loans). For more information, see repayment examples and review the Automatic Payment Discount Terms and Conditions.
Lowest APRs require interest-only payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores.
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
From your first application for a private student loan with a cosigner 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.
Note: The option to apply to release the cosigner is only available to student borrowers who are U.S. citizens or have U.S. permanent resident status or DACA students and is not available to students who are not a U.S. citizen or U.S. permanent resident.
Cosigned Credit-Based Loan
The best thing about Ascent is the fact that they make the process easy . I was able to do everything online and the money was sent directly to my school.
Northern Arizona University
They talked to me and helped me out in the most possible way. They made sure I got the most that I possibly could.
Mississippi State University
Ascent was great because they were able to answer all of my questions. They made getting to college a lot easier for me.
Every year, Ascent awards over $80,000 in scholarships for college and bootcamp students.