*Rates displayed above are effective as of 02/02/2024 and reflect an Automatic Payment Discount of 0.25% on credit-based loans when you enroll in automatic payments. For more information, see
or review the Ascent Student Loans
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.
*Want to see what your repayment plan and monthly payments could look like? Check out our loan repayment examples to help you make your decision.
Every graduate student’s situation is different, and Ascent’s MBA student loans are designed to empower you as you pursue your business education.
- Forbes Advisor
You’ve already put a lot of work into preparing for your MBA. Getting the financing you need shouldn’t stop you now. We’ve streamlined our application process so you can get your funds without getting a headache.
Submit your pre-qualification
We ask you to provide important information such as your name, address, date of birth, the school you’re applying to, and employment information. If you’re applying with a cosigner, they’ll also enter their information.
Select your repayment plan
Once your completed loan application is approved, you’ll be able to view your repayment options and select the loan terms that work best for you.
Complete your Ascent portal tasks
After you choose your loan terms, your Ascent portal will be populated with tasks to complete. These tasks include a financial wellness quiz and providing us with any additional information we need to prepare your loan.
We pay your school
When your portal tasks are complete, we send your loan for school certification. Once certified, we’ll disburse your loan directly to your school.
See your rates today without impacting your credit score.Apply Now
You can use multiple types of loans to cover your tuition, including federal loans, private loans, and any financial aid your business school can offer. Many students first apply for graduate financial aid through the FAFSA and use private loans to cover additional costs.
Ascent also offers scholarships opportunities that can help ease your MBA finances.
Your MBA can be a pathway leading you to greater career success, but it’s important to stop and assess your finances before taking this leap.
Checking that your undergraduate loans can be deferred while you’re in school, recreating your budget for grad school, and applying for financial aid are all vital steps to ensure you’re not stressed about money while trying to study.
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Ascent Funding walks you through the changes that will be happening to the FAFSA with the FAFSA Simplification Act.
Ascent’s Non-Cosigned Credit-Based student loan is available for graduate students enrolled at least half-time who have more than two years of credit history and a minimum income of $24,000 annually.
If you’re having difficulty getting a loan, there may still be ways you can get a student loan without a cosigner.
Yes, international MBA students attending U.S. colleges can apply for an Ascent loan with a creditworthy cosigner. Your cosigner must be a U.S. citizen or U.S. permanent resident to qualify. You’ll also need to provide documentation of status as a temporary resident.
DACA students may apply on their own with the proper documentation or with a qualified cosigner who is a U.S. citizen or U.S. permanent resident.
It’s best to start the MBA application process at least a month before your tuition deadline to give you time to make sure your funds are in order.
Starting earlier can give you more time to work through any issues that come up and the ability to work through your budget in more detail.
*The loan minimum amount is $2,001 except for the state of Massachusetts. Minimum loan amount for borrowers with a Massachusetts permanent address is $6,001.
Second, there may be some scholarships you can use to help cover the cost — Ascent awards over $80,000 in scholarships for college and bootcamp students every year.
If these options aren’t enough, you can also explore paid internships to help contribute to your tuition or consider working part-time if you’re able to.
If your federal loans don’t cover all of your living expenses, a private student loan and scholarships may give you the relief you need.
Don’t see your question? Check our FAQ page.
If you have a question or concern about your student loans or the application process, don’t hesitate to contact us.
Our team is here for you to get the help you need for your MBA loan. Ascent also offers a variety of graduate student loans for different courses of study.
Ascent offers student loans for a myriad of career paths. Check out our other graduate student loan pages to explore your opportunities.