Select

Software Engineering

UX Design Part-Time

Fund your future

Ascent helps Kenzie Academy students pay tuition. We offer simple, straightforward loans and monthly payment plans. You deserve a valuable education, and we think financing it should be easy.

Email address

Program

Select

Software Engineering

UX Design Part-Time

Submit an application without impacting your credit score. Get pre-qualified in minutes, choose your financing, and get started on your career-transforming program.

top-sec-img

Real reviews from real customers

Flexible Payment Options

PROGRAM

Select

Software Engineering

UX Design Part-Time

interest-only

Deferred Repayment

Make no payments in school and for three months after.
See Example

interest-only

Interest-Only Repayment

Make interest-only payments in school and for three months after.
See Example

interest-only

Immediate Repayment

Make full payments beginning about one month after graduating.
See Example

interest-only

Outcomes Loan

Make no payments until you receive a qualifying job offer.
See Example

Preview loan & payment amounts

View your loan options and see repayment examples for your Kenzie Academy program. All of our student-friendly payment plans include low monthly payments, fixed rates, and no prepayment fees.

top-sec-img
Software Engineering

HOW MUCH CAN I BORROW FOR TUITION?

From $2,000 up to $19,900.

WHAT WILL MY LOAN PAYMENTS BE?

See below for example loan options and payments.

Outcomes Loan Repayment

60 Months

This example shows no monthly payments while in school and for a 6 month grace period after completion, then full repayment for 60 months post-school.

Example assumes a $19,900 loan with outcomes loan repayment, 13.61% estimated APR, no payments while in school/grace for 15 months, followed by 60 full monthly payments of $543.55. See high/low rates and repayment examples.

UX Design Part-Time

HOW MUCH CAN I BORROW FOR TUITION?

From $2,000 up to $10,900.

WHAT WILL MY LOAN PAYMENTS BE?

See below for example loan options and payments.

Deferred Repayment

60 Months

This example shows no monthly payments while in school and for a 3 month grace period after completion, followed by 60 full monthly payments.

Example assumes a $10,900 loan with deferred repayment, 10.28% estimated APR, no payments while in school/grace for 9 months, followed by 60 full monthly payments of $251.69. APR is for well-qualified borrowers; terms & APR depend on credit & program. See high/low rates and repayment examples.

Interest-Only Repayment

60 Months

This example shows interest-only payments while in school and for a 3 month grace period after completion, followed by 60 full monthly payments.

Example assumes a $10,900 loan with interest-only repayment, 9.92% estimated APR, 9 interest-only monthly payments of $78.68, followed by 60 full monthly payments of $233.44. APR is for well-qualified borrowers; terms & APR depend on credit & program. See high/low rates and repayment examples.

Immediate Repayment

60 Months

This example shows immediate repayment about one month after the student begins their program making full(interest + principal) payments for 60 months.

Example assumes a $10,900 loan with immediate repayment. 10.34% estimated APR, 60 full monthly payments of $251.69. APR is for well-qualified borrowers; terms & APR depend on credit & program. See high/low rates and repayment examples.

Frequently asked loan questions

top-sec-img
Can I add a cosigner?

Yes, you can add a cosigner to your loan. There are two ways to qualify for an Ascent loan: on your own, or with a cosigner. Depending upon your credit health, a cosigner might be required. Cosigners may strengthen your application’s overall credit health. In some scenarios, adding a cosigner may reduce your interest rate and lower your payments. If you’re concerned about your eligibility for an Ascent loan, consider adding a cosigner with strong credit health. Additionally, a student who is not a U.S. citizen or U.S. permanent resident or has Deferred Action for Childhood Arrival (DACA) status may apply with a creditworthy cosigner who is a U.S. citizen or U.S. permanent resident.

We’ve made this process easy. You can choose to add a cosigner before you submit your loan application, or may be given the option to add a cosigner after you apply.

If you’d like to add a cosigner when you apply, you can select this option in the application. If your cosigner is with you, they can start their portion of the application right away. If not, we’ll send them an email asking them to complete their part. Your cosigner’s portion of the application will look very similar to yours.

We’ll keep you and your cosigner updated on the status of your application throughout the process. You’ll receive an email or a notification in the application if you or your cosigner have any required steps to take.

What is the loan’s origination fee?

You will be charged an origination fee of 5.0%. This will be added to the amount you borrow and is included in the total loan principal amount you finance. It helps cover the administrative fees associated with originating the loan. It is the only fee charged for taking out this loan, and it affects your loan’s Annual Percentage Rate. See repayment examples

What is the loan’s interest rate?

Deferred Repayment

36 month loan term

7.00 - 14.25% interest rate depending on credit score
9.15 - 16.30% estimated Annual Percentage Rate

60 month loan term

8.75 - 15.50% interest rate depending on credit score
9.41 - 16.22% estimated Annual Percentage Rate

See Examples

Interest-Only and Immediate Repayment

36 month loan term

6.50 - 13.75% interest rate depending on credit score
8.95 - 17.21% estimated Annual Percentage Rate

60 month loan term

8.25 - 15.00% interest rate depending on credit score
10.00 - 17.24% estimated Annual Percentage Rate

See Examples

Outcomes Loan

36 month loan term

10.5% interest rate for all approved borrowers
11.59% - 12.04% estimated Annual Percentage Rate depending on when the student begins repayment

60 month loan term

12.5% interest rate for all approved borrowers
13.23% - 13.61% estimated Annual Percentage Rate depending on when the student begins repayment

See Examples

Are payments required while I am in school?

Deferred Repayment Loans and Outcomes Loans: No, payments are not required in school.

Interest-Only Repayment Loans: Yes, monthly interest payments are required beginning roughly one month after your program starts.

Immediate Repayment Loans: Yes, monthly full payments (interest + principal) are required beginning roughly one month after your program starts.

What is the repayment term for both the loan principal and interest?

Interest-Only Repayment, Immediate Repayment, and Deferred Repayment Loans: Once you’ve begun full repayment (after the grace and/or interest only period), your loan term will be 36 or 60 months. See example

Outcomes Loans: Once you’ve begun full repayment (after the grace and/or interest only period), your loan term will be 36 or 60 months. See example

How and when will I repay my loan?

You have several options, including automated payments! After you apply for a loan, we’ll help you set up your repayment account. You’ll make your first payment about one month after your program starts (interest-only repayment or immediate repayment), three months after your program ends (deferred repayment), or up to a year after your program ends (outcomes loans).

You’ll make monthly payments until your loan is fully repaid, and we’re happy to say there’s no prepayment penalty or fee for early payments on Ascent loans. You can choose to pay the minimum monthly payment, or you can make larger payments. You have the flexibility to pay off your loan anytime before your loan term ends.

Ascent offers four repayment options.

Deferred Repayment Loans allow you to make no payments while you’re in school & for three months after. You’ll start making full payments about three months after your program ends.

Interest-Only Loans allow you to hold on to more of your savings during your training. You’ll start making low, interest-only payments about one month after your program starts and continue those payments for three months after the program ends. After this interest-only period, you’ll start making full payments (interest + principal).

Immediate Repayment Loans allow you to quickly get started on repayment. You’ll start making full payments about one month after your program starts.

Outcomes Loans allow you to defer repayment for up to a year after you complete your program, or when you receive a qualifying job offer (as determined by the Kenzie Guarantee). Aspire and Launch are the loan servicers for Ascent’s loans. This means Aspire or Launch will collect your monthly payments during the repayment phase of your loan. All loans applied for on or before June 9th, 2019 will be serviced by Aspire. All loans applied for on or after June 10th, 2019 will be serviced by Launch.

Need to pay your loan? Have a question about repayment on an existing loan?

If you applied for your loan on or before June 9th, 2019, visit Aspire online or at 1-800-243-7552. If you applied for your loan on or after June 10th, 2019, visit Launch online or at 877-354-2629.

Will my loan be refunded if I don’t get a job?

If you are owed a refund by your school, Ascent will follow your school's refund policies. Please refer to your school's policies and agreements.

For the Outcomes Loan, if you meet the requirements of the Kenzie Guarantee and do not find a qualifying job within six months, your loan will be cancelled and you will owe nothing. If you do not meet the requirements of the Kenzie Guarantee and do not find a qualifying job within six months, you may continue to defer payments on a monthly basis for another six months with your loan servicer. If after one year you still do not have a qualifying job offer, you will begin repayment one year after completing your program.

Please note that you will pay a $100 enrollment fee directly to Kenzie Academy. This enrollment fee is not part of your loan, and is not refundable.

What if I don’t complete my program?

For Deferred Repayment, Interest-Only Repayment, or Immediate Repayment Loans, you will immediately begin making full (interest + principal) payments when you withdraw from your program.

For the Outcomes Loan, you will have a 3 month grace period after withdrawing from your program before you begin making payments.

What is the difference between a Outcomes Loan and a Deferred Repayment, Interest-Only Repayment, or Immediate Repayment Loan?

With a Deferred Repayment, Interest-Only Repayment, or Immediate Repayment Loan, you’ll begin repayment on a predetermined date. You’ll start making payments three months after you graduate or roughly one month after beginning your program. Also, the interest rate for this option varies depending on your credit profile.

With an Outcomes Loan, you won't make payments until you receive an offer for a qualifying position as defined in the Kenzie Guarantee. Once you receive an offer for a qualifying position, you'll begin making full (interest + principal) payments. If you do not receive a qualifying offer within six months of completing your program and you meet the requirements of the Kenzie Guarantee, your loan will be canceled and you will owe nothing. Also, the interest rate is fixed at 10.5% for all approved borrowers, with a 11.59% - 12.31% estimated Annual Percentage Rate depending on when repayment begins.
See Repayment Examples

Will I qualify for an Ascent loan?

Qualification depends on credit profile. Applicants must be U.S. citizens or permanent residents with established credit history & no outstanding education loan defaults. You can also choose to add a cosigner, which can help strengthen your application or meet U.S. citizenship requirements. Minimum credit requirements may vary by school and loan term. To see if you pre-qualify for an Ascent loan, submit an application. In the pre-qualification process, we’ll conduct a soft credit check with no impact to your credit score. In addition to learning more about your eligibility, you can also see the rates and terms you pre-qualify for.

While our application process asks for income and employment details, we won’t use income, employment, or your requested loan amount to evaluate your application.

Can non-U.S. citizens apply?

Yes. A student who is not a U.S. citizen or U.S. permanent resident or has Deferred Action for Childhood Arrival (DACA) status may apply with a creditworthy cosigner who is a U.S. citizen or U.S. permanent resident.

Who is Richland State Bank and how is it related to Ascent?

Richland State Bank, member FDCI, is the lender for all Ascent loans.

Our team is here to help.

For any additional questions, please complete this form.

Name

Email

Message

Want to learn more?

We’ll send you our step-by-step
guide to paying for your program.