Loans subject to individual approval, restrictions and conditions apply. See Terms and Conditions at AscentFunding.com/Rates and AscentFunding.com/Ts&Cs. Loan features and information advertised are subject to change at any time.
*Ascent's undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, terms and conditions may apply. For Ascent's Terms and Conditions please visit AscentFunding.com/Ts&Cs. Annual Percentage Rates (APRs) displayed are effective as of 08/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of a 0.5% discount for on credit-based college student loans submitted on or after 6/1/2025, and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. Loans subject to individual approval, restrictions, and conditions apply. Loan features and information advertised are intended for college student loans and are subject to change at any time. 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 interest rates require full principal and interest (Immediate) 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 examples above, based on the amount of time you spend in school and any grace period you have before repayment begins. Variable rates may increase after consummation.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (lowest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
• Interest Only Repayment: 5.89% APR, with 57 payments of $49.08 while in-school/grace, 60 payments of $192.84 during the repayment term, and a total cost of $14,368.54.
• $25 Minimum Payment: 6.52% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $233.97 during the repayment term, and a total cost of $15,463.01.
• Deferred Repayment: 6.71% APR, with no payment while in-school/grace, 60 payments of $269.84 during the repayment term, and a total cost of $16,175.28.
• Immediate Repayment: 3.64% APR, with 60 payments of $182.55, and a total cost of $10,953.09.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
• Interest Only Repayment: 16.30% APR, with 57 payments of $135.75 while in-school/grace, 180 payments of $148.94 during the repayment term, and a total cost of $34,546.75.
• $25 Minimum Payment: 15.07% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $256.92 during the repayment term, and a total cost of $47,672.31.
• Deferred Repayment: 15.25% APR, with no payment while in-school/grace, 180 payments of $291.22 during the repayment term, and a total cost of $51,619.42.
• Immediate Repayment: 16.05% APR, with 180 payments of $147.21, and a total cost of $26,495.61.
The following examples for a $10,000 loan show a 36-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (lowest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
• Interest Only Repayment: 5.34% APR, with 45 payments of $44.50 while in-school/grace, 60 payments of $190.29 during the repayment term, and a total cost of $13,420.72.
• $25 Minimum Payment: 6.12% APR, with 45 payments of $25.00 while in-school/grace, 60 payments of $219.31 during the repayment term, and a total cost of $14,283.77.
• Deferred Repayment: 6.18% APR, with no payment while in-school/grace, 60 payments of $244.64 during the repayment term, and a total cost of $14,652.76.
• Immediate Repayment: 3.64% APR, with 60 payments of $182.55, and a total cost of $10,953.09.
The following examples for a $10,000 loan show a 36-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
• Interest Only Repayment: 16.05% APR, with 45 payments of $133.67 while in-school/grace, 180 payments of $147.19 during the repayment term, and a total cost of $32,509.87.
• $25 Minimum Payment: 15.17% APR, with 45 payments of $25.00 while in-school/grace, 180 payments of $227.11 during the repayment term, and a total cost of $42,001.44.
• Deferred Repayment: 15.57% APR, with no payment while in-school/grace, 180 payments of $257.33 during the repayment term, and a total cost of $45,537.08.
• Immediate Repayment: 15.80% APR, with 180 payments of $145.47, and a total cost of $26,181.16.
**Over 220,000 borrowers took out an Ascent loan for college or career training tuition or expenses between January 2018 and March 2026.
1Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
2Ascent’s 1% Cash Back Graduation Reward is for eligible college students only and subject to terms and conditions. Eligible students must request the graduation reward from Ascent. Learn more at AscentFunding.com/CashBack. 1% Cash Back Reward amount dependent upon total loan amount for Ascent college loan borrowers; approximately $365 average reward amount based upon eligible borrowers who received Cash Back Rewards in 2023. Aggregate cash back limit of $500.
3The final ACH discount approved depends on the borrower's credit history, verifiable cost of attendance, and is subject to credit approval and verification of application information. Automatic Payment Discount consists of 0.25% for credit-based college student loans submitted prior to 06/01/2025, 0.5% for credit-based college student loans submitted on or after 06/01/2025, and a 1.00% discount on outcomes-based college student loans when you enroll in automatic payments. For more information, see repayment examples or review the Ascent Student Loans Terms and Conditions.
4Only Ascent college loans are eligible for no fees. Ascent career training loans are subject to a one-time origination fee of 5.0% of the loan amount. All Ascent loans are eligible for no application, disbursement, late, NSF or early payment fees.
5Impact to score may vary. For some, scores may not improve. Results will depend on many factors, including on-time payment history, the status of non-Ascent accounts, and other financial history.
