College students: Earn up to $525 for each friend you refer – There’s no limit to what you can earn!

Start Referring

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The more college friends you refer, the more you can earn. Refer your college friends, classmates, neighbors, Fortnite team, and that one guy in the library who studies at the same time you do every day … basically anyone you know who needs help paying for college.

You earn money if a referred college friend applies and is approved – you and your friend earn money when the loan is disbursed.

See Official Refer a Friend Rules

Get started in just 3 easy steps.

  • Sign in or create an Ascent account.
  • Get your custom referral link.
  • Share your referral link with your college friends.

How you earn a referral reward:

  • You earn $25 when a college friend you referred is approved for an Ascent loan using your referral link.
  • You earn an additional $500 when your friend’s loan is funded and disbursed.
  • Your friend will earn $100 when their loan is funded and disbursed.

What should I tell my college friends about Ascent?

Ascent is recognized as a leading national private student loan program. Here are the top reasons your friends should apply for an Ascent Student Loan using your unique referral link:

 

  • Earn $100: Each college friend you refer can earn $100 when their Ascent Student Loan is funded and disbursed.
  • 1% Cash Back Graduation Reward for qualifying Ascent loan borrowers. See Details >
  • Non-Cosigned options without a cosigner are available for eligible college undergraduate juniors and seniors.
  • Affordable fixed and variable rates with a 0.25% discount for enrolling in automatic payments.
  • Flexible PlansDeferred repayment options that start after leaving school.
  • Forget Upfront Fees – No application, origination, or disbursement fees. No prepayment penalty if you pay your loan off early.

Refer a Friend FAQs

What’s the reward for referring my friends in college?

Here’s the breakdown:

  • You can earn $25 if a college student you refer to Ascent submits an application using your referral code and is conditionally approved for a loan. The applicant must be new to Ascent Funding.
  • You can earn $500 if the loan application is approved and the loan is funded.
  • Your referred friend can earn $100 if the loan application is approved and the loan is funded.

When and how do I get paid?

Payments are issued via direct deposit to your checking account.  Payments are made on the first Friday of every month. There may be a delay of up to 60 days from the date you qualify for a payment and the date the payment is made.

Who’s eligible to refer friends?

To participate in Ascent’s Refer A Friend Program you must:

  • Refer a friend who is currently in college.
  • Be a U.S. citizen or have U.S. permanent resident status and be at least 18+ years of age.
  • Not be an Ascent employee.
  • Create an account with Ascent Funding.

How do I refer my friends?

Here’s how you can start referring your friends:
  1. Sign in or create an Ascent account.
  2. Using the Ascent Refer a Friend page, get your unique referral code.
  3. Share your unique referral code with your college friends via social media, email, or text message.

Who can I refer?

To earn a reward for referring your college friends, the friend must be:

  • An active college student at an Ascent eligible school.
  • New to Ascent Funding, meaning they do not have an existing account or loan with Ascent. You cannot refer yourself.
  • A U.S. citizen or have U.S. permanent resident status and be at least 18+ years of age.

You can receive a reward if the referred friend applies for an Ascent loan using your unique link and the friend is approved for an Ascent loan and successfully takes out an Ascent loan.

How can I contact the Ascent Refer A Friend Team?
If you have any questions about our Refer A Friend Program, please email [email protected].
How much can I earn?

If you are new to Ascent Funding, you can earn a $100 reward when you apply for an Ascent Student Loan and your loan is funded (meaning you are approved for and accept the loan; your school certifies the loan; and the loan proceeds are disbursed to your school).  To earn more money, you can refer your college friends.  Earn up to $525 for each college friend you refer who applies for and gets an Ascent loan.  There’s no limit to how much you can earn when you refer your friends.  (See “If You Refer Friends FAQs” tab for more details).

How do I earn a reward for being referred?

You must use your friend’s unique link to apply for an Ascent loan.  Your Ascent loan application must be approved; you must accept the loan; your school must certify the loan; and the loan proceeds must be disbursed to your school.

When and how do I get paid?

Payments are issued via direct deposit to your checking or savings account. Payments are made on the first Friday of every month. There may be a delay of up to 60 days from the date you qualify for a payment and the date the payment is made.

What are the requirements to earn the $100 reward for being referred?

If you were referred to Ascent Funding by a college friend, to be eligible for the $100 reward you must:

  • Be an active college student at an eligible Ascent school.
  • Be new to Ascent Funding and not have an existing account or loan with Ascent. You cannot refer yourself.
  • Be a U.S. citizen or have U.S. permanent resident status and be at least 18+ years of age.
  • Apply for an Ascent loan using your friend’s unique referral link.
  • Be approved for an Ascent loan and have your loan be conditionally approved and funded (meaning you accept the loan; your school certifies the loan, and the money is sent to your school).

How will the friend who referred me receive their referral reward?

If you apply using your friend’s custom referral link, that friend will be able to view your first name and application approval status.  The friend who referred you will not be able to see that you have applied for an Ascent loan or that your application has been denied.  Only the information necessary to alert the friend regarding award eligibility is shared.