MPOWER partnered with Ascent to give you more opportunities to pay for college without a cosigner.

(Must be a U.S. citizen or permanent resident or DACA student for loans without a cosigner.)

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Undergraduate Loans
Graduate Loans

See My Rates

Check your rates without impacting your credit score.

Cosigned

Credit-Based Loans

For students with a creditworthy cosigner
(For U.S. citizens, DACA & international students)

Variable* APR:
0.98% – 10.04%

Fixed* APR:
3.22% – 13.61%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

5, 7, 10, 12 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Non-Cosigned

Outcomes-Based Loan

For juniors & seniors with a 2.9+ GPA & no credit score**
(Must be a U.S. citizen or permanent resident or DACA recipient)

Variable* APR:
9.50% – 11.90%

Fixed* APR:
12.30% – 13.24%

View Details

**NOTE: No score means insufficient credit history to produce a score. If you have a score it must meet a minimum score required.

Eligibility*:

Enrolled full-time OR graduating within the next 9 months
Maintain GPA of 2.9+ AND meet your school’s satisfactory academic performance (SAP)
Must be a U.S. citizen or permanent resident or have Deferred Action for Childhood Arrival (DACA) status

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

10 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school.

Non-Cosigned

Credit-Based Loan

For students that qualify based on income & credit
(Must be a U.S. citizen or permanent resident)

Variable* APR:
5.78% – 11.79%

Fixed* APR:
8.64% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or permanent resident or have Deferred Action for Childhood Arrival (DACA) status
Must have at least 2 years of credit history and meet credit and income requirements

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

5, 7, 10, 12 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

MBA

Student Loans

For graduate students persuing their MBA with or without a cosigner.

Variable* APR:
0.98% – 11.80%

Fixed* APR:
3.27% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

7, 10, 12 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Grace Period:

Postpone payments up to 9 months after graduation

Extended In-School Period:

Maximum in-school period is 36 months

Medical School

Student Loans

For graduate students persuing their MD, DO, DVM, VMD, or DPM with or without a cosigner.

Variable* APR:
0.97% – 11.79%

Fixed* APR:
3.15% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

7, 10, 12, 15 or 20-Years

Repayment Options*:

Deferred Repayment: Start payments up to 36 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Grace Period:

Postpone payments up to 36 months after graduation

Extended In-School Period:

Maximum in-school period is 48 months

Dental School

Student Loans

For graduate students persuing their DMD or DDS with or without a cosigner.

Variable* APR:
0.98% – 11.79%

Fixed* APR:
3.22% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

7, 10, 12, 15 or 20-Years

Repayment Options*:

Deferred Repayment: Start payments up to 12 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Grace Period:

Postpone payments up to 12 months after graduation

Extended In-School Period:

Maximum in-school period is 48 months

Law School

Student Loans

For graduate students persuing their JD or LLM with or without a cosigner.

Variable* APR:
0.98% – 11.80%

Fixed* APR:
3.27% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

7, 10, 12 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Grace Period:

Postpone payments up to 9 months after graduation

Extended In-School Period:

Maximum in-school period is 36 months

General Graduate

Student Loans

For graduate students persuing their MA, MS, PhD, or other graduate school programs with or without a cosigner.

Variable* APR:
0.98% – 11.80%

Fixed* APR:
3.27% – 14.75%

View Details

Eligibility*:

Enrolled at least half-time
Must be a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status with or without an eligible cosigner who is a U.S. citizen or permanent resident
International students may apply with a creditworthy cosigner who is a U.S. citizen or permanent resident

Rewards:

1% Cash Back Graduation Reward**
Scholarship giveaways on social media
Refer a Friend: Earn up to $525 for each friend you refer

Terms*:

7, 10, 12 or 15-Years

Repayment Options*:

Deferred Repayment: Start payments up to 9 months after leaving school
In School Interest-Only Repayment
$25 Minimum Payment

Grace Period:

Postpone payments up to 9 months after graduation

Extended In-School Period:

Maximum in-school period is 36 months

*Rates displayed above are effective as of 07/01/2022 and reflect an Automatic Payment Discount of 0.25% for credit-based loans and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. For more information, see repayment examples or review the Ascent Student Loans Terms and Conditions.
** 1% Cash Back Graduation Reward subject to terms and conditions, click here for details.

How we help students

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.

Anjellica C.
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.

Rnajee M.
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.

Grace G.
Simmons College

Tips & tools for financial success

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 »

Helpful Tips

Read More »

Have questions about private student loans?
We’ve got answers.

What is Ascent?

Ascent is an innovative private student loan program that provides access to higher education funding for an expanded population of undergraduate and graduate students, while encouraging the financial wellness of students and their families. We advocate awareness of the potential financial outcomes of your higher education choices (school, major, years in school, financing your education), helping you visualize where your career could go and what it could be – encouraging better decisions today to open up greater future opportunities.

What types of private student loans does Ascent offer?

Ascent offers loan products to help undergraduate and graduate students pay for higher education.

Undergraduate students have the option to apply for a Cosigned Credit-Based Loan, Non-Cosigned Credit-Based Loan or Non-Cosigned Outcomes-Based Loan (for eligible juniors and seniors – see eligibility requirements.)
Graduate students have the option to apply for a Cosigned Credit-Based Loan or Non-Cosigned Credit-Based Loan. Ascent created customized repayment terms for:
- Business School (MBA)
- Dental School (DMD, DDS)
- Law School (JD, LLM)
- Medical School (MD, DO, DVM, VMD, DPM)
- General Graduate School (Health Professionals, Nursing, Pharmacy, MA, MS, PhD, etc.)

Why should I choose an Ascent loan?

The Ascent Student Loan program provides more opportunities to qualify for a loan with a cosigner or without a cosigner. Ascent also offers credit-based loans for graduate students. Ascent loans are competitively priced. You can choose from affordable fixed or variable rates, customize your repayment terms, and pay off your loan early without any penalty. In addition, Ascent offers benefits that can help save money with a 1% Cash Back Reward upon graduation and an Automatic Payment Discount of at least 0.25% for Credit-Based Loans and in some cases up to 1.00% for Undergraduate Non-Cosigned Outcomes-Based Loans. The Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month.

Do I need a cosigner?

Not necessarily. Ascent considers several factors, including: creditworthiness, school, program, graduation date, major, cost of attendance, and other factors that allow for students to potentially obtain a loan in their own name without a cosigner. Nevertheless, applying with a cosigner may result in a lower interest rate.

Students that are a U.S. citizen or have Deferred Action for Childhood Arrival (DACA) status may apply without a cosigner. Students that are not a U.S. citizen or U.S. permanent resident may apply with a creditworthy cosigner that is a U.S. citizen or U.S. permanent resident.

Check Out More FAQs »

MPOWER partnered with Ascent to give you more opportunities to pay for college without a cosigner.

(Must be a U.S. citizen or permanent resident or DACA student for loans without a cosigner.)

Cosigned

Credit-Based Loans

Non-Cosigned

Outcomes-Based Loan

Non-Cosigned

Credit-Based Loan

MBA

Student Loans

Medical School

Student Loans

Dental School

Student Loans

Law School

Student Loans

General Graduate

Student Loans

How we help students

Tips & tools for financial success

Helpful Tips

Have questions about private student loans? We’ve got answers.

Ascent is recognized as a leading national private student loan program for cosigned and non-cosigned loans

What type of loan are you looking for?

College Loan

Bootcamp Loan

Have questions about private student loans?
We’ve got answers.