What is the Progressive Repayment option?
Ascent’s Progressive Repayment option helps make payments more affordable for students who are making payments on an Ascent college loan upon graduation or are no longer enrolled at least half-time. If you submitted an Ascent college loan on or after 05/17/2019, you may be eligible for Ascent’s Progressive Repayment option allowing you to reduce your current monthly payment that would gradually increase over time so that the loan would be fully paid off within the original loan term. To calculate your adjusted monthly payment amounts under the Progressive Repayment Option, please contact Ascent's loan servicer, Launch Servicing, directly after your loan has been disbursed:
Ascent Funding, LLC
c/o Launch Servicing, LLC
P.O. Box 91910 | Sioux Falls, SD 57109
Email: [email protected]