What are the income requirements for Ascent’s college loans?
- If you are an undergraduate student borrower without a cosigner AND have less than two (2) years of credit history, OR any student borrower with a cosigner:
- There is no minimum income requirement. See NOTE below.
- If you are a student borrower without a cosigner and have at least two (2) years of credit history.
- You will be tested against the following criteria to determine your eligibility for the most favorable rates and terms available:
- Minimum gross annual income of $30,000
- Must meet a monthly debt-to-income (DTI) ratio
- You will be tested against the following criteria to determine your eligibility for the most favorable rates and terms available:
- If you are a cosigner:
- Must meet a minimum gross annual income of $30,000
