College Loans fixed APRs starting at
2.29%*"Possibly the easiest process I have ever gone through in order to secure a loan." – Vincent B.
220,000+ people have used Ascent to pay for school**
Preparing for college is hard work, but applying for an Ascent student loan is fast and easy. Apply with or without a cosigner.
Start an ApplicationSave more with absolutely zero fees on college loans, ever
Competitive fixed rates starting at 2.29% APR* and variable rates starting at 3.60% APR*
Simple, flexible repayment options designed to fit your needs
Get access to benefits like paid internship opportunities and career coaching1
We offer multiple repayment plans*, so you can choose what works best for you!
Pre-qualify in minutes to compare your options and preview your payments.
You can preview your rate and repayment options without affecting your credit. We keep things simple with clear terms and no hidden fees4.
Get your questions answered and meet your goals with access to friendly, expert help on academic, career, and finance essentials. We’re invested in your journey to success!
Celebrate graduation with a cash reward2, get a discount when you sign up for autopay3, and enter for a chance to win monthly scholarships.
of credit-based college loan borrowers increased their credit score5
minutes of financial wellness education accessed
in scholarships awarded by Ascent since 2020
Possibly the easiest process I have ever gone through in order to secure a loan.
Everyone was so helpful and nice to work with! Being a first generational College student picking a loan was scary and nerve wracking! but they made it so easy!
I've had such a struggle finding a loan and Ascent made it so simple. Not only was the process a weight lifted off my shoulders, but also ensured that I understood more about loans in general.
The following examples illustrate three hypothetical first-year single disbursements in the amount of $10,000 including (i) the Annual Percentage Rate (APR), (ii) estimated monthly payments, and (iii) total cost during the life of the private loan*.
Variable rate loans are based on a margin plus the 30-day SOFR Average rounded to the nearest 1/100th of a percent. The current 30-day SOFR Average is 3.600% which may adjust monthly. Your actual student loan interest rate may be different than what is shown in the examples below and will be based on your credit history, selected repayment option, and other factors. Automatic Payment Discount* is available when you enroll in automatic payments from your personal checking account and the amount is successfully withdrawn from the authorized bank account each month.
*Rates are effective as of 07/15/2026 and reflect an Automatic Payment Discount*.
When it comes to reviewing undergraduate student loans, it’s important to note the different interest rates, and what they are based on. Your variable interest rate may increase or decrease, based on the 30-day SOFR Average, resulting in an APR* range between 3.60% and 14.59%. Fixed rate loans will not increase or decrease over the life of the loan and have an APR* range between 2.29% and 15.49%. Rates reflect an Automatic Payment Discount of 0.5% on the lowest offered rate and a 1.00% discount on the highest offered rate.*
The following table shows a 48-month in-school period plus 9 months of grace prior to a full repayment term of either: 60-months (lowest fixed/variable rate), 180-months (highest fixed rate) or 180-months (highest variable rate) with examples of (i) Interest Only payments, (ii) $25 Minimum payments, and (iii) Deferred repayment options.
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 repayment examples below, based on the amount of time you spend in school and any grace period you have before repayment begins.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 5.85% | 57 @ $48.75 | 60 @ $192.65 | $14,338.61 |
| $25 Minimum Payment | 6.48% | 57 @ $25.00 | 60 @ $233.37 | $15,427.06 |
| Deferred Repayment1 | 6.67% | N/A* | 60 @ $269.21 | $16,137.16 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 3.60% | 60 @ $182.37 | $10,942.30 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.26% | 57 @ $135.42 | 180 @ $148.66 | $34,476.99 |
| $25 Minimum Payment | 15.03% | 57 @ $25.00 | 180 @ $256.16 | $47,530.48 |
| Deferred Repayment1 | 15.23% | N/A* | 180 @ $290.40 | $51,470.36 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.01% | 180 @ $146.93 | $26,445.92 |
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 repayment examples below, based on the amount of time you spend in school and any grace period you have before repayment begins.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 4.29% | 57 @ $35.75 | 60 @ $185.49 | $13,167.84 |
| $25 Minimum Payment | 4.44% | 57 @ $25.00 | 60 @ $200.25 | $13,440.17 |
| Deferred Repayment1 | 4.49% | N/A* | 60 @ $230.39 | $13,812.19 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 2.29% | 60 @ $176.55 | $10,593.21 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 17.06% | 57 @ $142.08 | 180 @ $154.30 | $35,873.06 |
| $25 Minimum Payment | 15.41% | 57 @ $25.00 | 180 @ $265.62 | $49,236.64 |
| Deferred Repayment1 | 15.14% | N/A* | 180 @ $288.14 | $51,071.56 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.81% | 180 @ $152.55 | $27,456.47 |
If you are instead pursuing an MBA, Law, General Graduate, or a Ph.D. graduate degree, you will need to review graduate student loans and the rates available for those. Your variable interest rate may increase or decrease, based on the 30-day SOFR Average, resulting in an APR* range between 3.60% and 16.01%. Fixed rate loans will not increase or decrease over the life of the loan and have an APR* range between 2.69% and 16.81%. Rates reflect an Automatic Payment Discount of 0.5%.*
The following table shows a 36-month in-school period plus 9 months of grace prior to a full repayment term of either: 84-months (lowest fixed/variable rate), 180-months (highest fixed rate), or 180-months (highest variable rate) with examples of (i) Interest Only payments, (ii) $25 Minimum payments, and (iii) Deferred repayment options.
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores. (See Terms and Conditions)
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 5.30% | 45 @ $44.17 | 84 @ $143.95 | $13,394.80 |
| $25 Minimum Payment | 6.08% | 45 @ $25.00 | 84 @ $165.78 | $14,253.75 |
| Deferred Repayment1 | 6.14% | N/A* | 84 @ $185.59 | $14,621.09 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 3.60% | 84 @ $141.59 | $10,942.30 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.01% | 45 @ $133.33 | 180 @ $146.91 | $32,444.32 |
| $25 Minimum Payment | 15.13% | 45 @ $25.00 | 180 @ $226.46 | $41,884.68 |
| Deferred Repayment1 | 15.54% | N/A* | 180 @ $256.63 | $45,413.19 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 15.76% | 180 @ $145.19 | $26,132.40 |
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores. (See Terms and Conditions)
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 4.19% | 45 @ $34.92 | 84 @ $142.25 | $12,674.22 |
| $25 Minimum Payment | 5.98% | 45 @ $25.00 | 84 @ $167.31 | $14,171.11 |
| Deferred Repayment1 | 6.05% | N/A* | 84 @ $187.22 | $14,532.31 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 2.69% | 84 @ $135.27 | $10,699.07 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.81% | 45 @ $140.00 | 180 @ $152.53 | $33,755.43 |
| $25 Minimum Payment | 15.79% | 45 @ $25.00 | 180 @ $239.66 | $44,262.03 |
| Deferred Repayment1 | 15.70% | N/A* | 180 @ $264.30 | $44,126.89 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.56% | 180 @ $150.78 | $27,142.97 |
Your variable interest rate may increase or decrease, based on the 30-day SOFR Average, resulting in an APR* range between 3.60% and 16.51%. Fixed rate loans will not increase or decrease over the life of the loan and have an APR* range between 2.69% and 16.81%. Rates reflect an Automatic Payment Discount of 0.5%.*
The following table shows a 48-month in-school period plus 12 months of grace prior to a full repayment term of either: 84-months (lowest fixed/variable rate), 180-months (highest fixed rate), or 240-months (highest variable rate) with examples of (i) Interest Only payments, (ii) $25 Minimum payments, and (iii) Deferred repayment options.
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 5.30% | 60 @ $44.17 | 84 @ $143.95 | $14,057.35 |
| $25 Minimum Payment | 5.99% | 60 @ $25.00 | 84 @ $171.85 | $15,110.29 |
| Deferred Repayment1 | 5.97% | N/A* | 84 @ $197.53 | $15,578.58 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 3.60% | 84 @ $141.59 | $10,942.30 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.51% | 60 @ $137.50 | 240 @ $142.93 | $42,552.44 |
| $25 Minimum Payment | 15.03% | 60 @ $25.00 | 240 @ $249.24 | $61,304.05 |
| Deferred Repayment1 | 15.07% | N/A* | 240 @ $289.13 | $61,962.50 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.01% | 240 @ $139.19 | $33,405.49 |
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 4.19% | 60 @ $34.92 | 84 @ $142.25 | $13,198.02 |
| $25 Minimum Payment | 5.89% | 60 @ $25.00 | 84 @ $173.68 | $15,010.25 |
| Deferred Repayment1 | 5.88% | N/A* | 84 @ $199.53 | $15,473.98 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 2.69% | 84 @ $135.27 | $10,699.07 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.81% | 60 @ $140.00 | 180 @ $152.53 | $35,855.43 |
| $25 Minimum Payment | 15.13% | 60 @ $25.00 | 180 @ $267.46 | $49,642.65 |
| Deferred Repayment1 | 15.00% | N/A* | 180 @ $294.92 | $52,295.61 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.56% | 240 @ $150.78 | $27,142.97 |
Your variable interest rate may increase or decrease, based on the 30-day SOFR Average, resulting in an APR* range between 3.60% and 16.51%. Fixed rate loans will not increase or decrease over the life of the loan and have an APR* range between 2.69% and 16.81%. Rates reflect an Automatic Payment Discount of 0.5%.*
The following table shows a 48-month in-school period plus 36 months of grace prior to a full repayment term of either: 84-months (lowest fixed/variable rate), 180-months (highest fixed rate), or 240-months (highest variable rate) with examples of (i) Interest Only payments, (ii) $25 Minimum payments, and (iii) Deferred repayment options.
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 5.30% | 60 @ $44.17 | 84 @ $143.95 | $15,117.43 |
| $25 Minimum Payment | 5.84% | 60 @ $25.00 | 84 @ $181.59 | $16,481.12 |
| Deferred Repayment1 | 5.71% | N/A* | 84 @ $216.66 | $17,114.88 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 3.60% | 84 @ $141.59 | $10,942.30 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.51% | 60 @ $137.50 | 240 @ $142.93 | $45,852.44 |
| $25 Minimum Payment | 14.13% | 60 @ $25.00 | 240 @ $290.30 | $71,759.73 |
| Deferred Repayment1 | 14.00% | N/A* | 240 @ $344.08 | $66,562.46 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.01% | 240 @ $139.19 | $33,405.49 |
Lowest interest rates require full principal and interest (immediate) payments, the shortest loan term, and a cosigner, and are only available to our most creditworthy applicants and cosigners with the highest average credit scores.
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 4.19% | 84 @ $34.92 | 84 @ $142.25 | $14,036.10 |
| $25 Minimum Payment | 5.75% | 84 @ $25.00 | 84 @ $183.87 | $16,353.41 |
| Deferred Repayment1 | 5.62% | N/A* | 84 @ $219.56 | $16,978.27 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 2.69% | 84 @ $135.27 | $10,699.07 |
| Repayment Option | APR* | Number of Payments In-School/Grace | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.81% | 84 @ $140.00 | 180 @ $152.53 | $39,215.43 |
| $25 Minimum Payment | 14.17% | 84 @ $25.00 | 180 @ $312.08 | $58,270.01 |
| Deferred Repayment1 | 13.92% | N/A* | 180 @ $351.33 | $61,054.16 |
1For Deferred Repayment options, eligibility for an automatic payment discount requires a minimum payment of $1. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 16.56% | 180 @ $150.78 | $27,142.97 |
Your variable interest rate may increase or decrease, based on the 30-day SOFR Average, resulting in an APR* range between 5.05% and 16.01%. Fixed rate loans will not increase or decrease over the life of the loan and have an APR* range between 5.75% and 17.51%. Rates reflect an Automatic Payment Discount of 0.5%.*
The following table shows a 48-month in-school period prior to a full repayment term of either: 60-months (lowest fixed/variable rate), or 144-months (highest fixed/variable rate) with examples of (i) Interest Only payments, and (ii) Immediate Repayment options.
Lowest interest rates require full principal and interest (immediate) payments and the shortest loan term. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the In-School Period | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 5.55% | 48 @ $46.25 | 60 @ $191.26 | $13,696.41 |
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 5.05% | 60 @ $188.95 | $11,337.04 |
| Repayment Option | APR* | Number of Payments during the In-School Period | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 16.01% | 48 @ $133.33 | 180 @ $146.91 | $32,844.31 |
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 15.76% | 180 @ $145.19 | $26,132.40 |
Lowest interest rates require full principal and interest (immediate) payments and the shortest loan term. (See Terms & Conditions)
| Repayment Option | APR* | Number of Payments during the In-School Period | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 6.25% | 48 @ $52.08 | 60 @ $194.51 | $14,171.59 |
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 5.75% | 60 @ $192.18 | $11,530.65 |
| Repayment Option | APR* | Number of Payments during the In-School Period | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|---|
| Interest Only Repayment | 17.51% | 48 @ $145.83 | 180 @ $157.50 | $35,354.05 |
| Repayment Option | APR* | Number of Payments during the Repayment Term | Total Cost |
|---|---|---|---|
| Immediate Repayment | 17.26% | 180 @ $155.74 | $28,032.37 |
The terms “interest rate” and “APR” are often used interchangeably, but have two different meanings:
Interest rate: the amount you pay for the money you are borrowing. The interest rate is typically expressed as a percentage rate calculated over a period of time.
APR: an “apples-to-apples” comparison of loans with different terms, represented as an annual rate that includes repayment plans, repayment terms, the interest rate and any origination fees.
An APR* will often provide a more accurate view of the total amount you can expect to pay back for your loan versus an interest rate.
Your APR* and interest rates may also differ depending upon if you apply for an Ascent loan with or without a cosigner. Cosigned loans tend to have lower APRs because lenders factor in your cosigner’s credit history and credit score. Student loans without a cosigner may reflect higher rates because of a poor or fair credit score, or a lack of credit history.
To see Ascent’s full disclaimer, please click here.
When it comes to interest rates, most private lenders offer the choice between fixed and variable student loan rates.
Fixed rate: A fixed interest rate will remain the same for the life of the loan.
Variable rate: A variable interest rate may fluctuate based on market conditions. Variable interest rates can change monthly, quarterly, or annually.
A fixed interest rate will be your only option if you are applying for federal student loans.
Fixed student loan rates do not increase or decrease over time, meaning you’ll know exactly how much you’ll owe in repayment each month. Your payments will remain the same throughout the life of your loan.
Variable student loan rates may fluctuate depending on a specified benchmark or index, such as the Secured Overnight Financing Rate (SOFR). New variable rate Ascent loans applied for on or after January 1, 2022, will use SOFR as the benchmark index.
Existing variable rate Ascent loans that use London Interbank Offered Rate (LIBOR) as the benchmark index will continue to use LIBOR until we convert these loans to a replacement index, likely SOFR, at some point in 2022. We will keep you updated with important information about this conversion.
Most lenders reevaluate this every one to three months, which can result in changes to the variable student loan rate you’re given at the time you complete your student loan application and may impact the total amount of your loan. Check the terms of your loan agreement to confirm the frequency at which your interest rate may change.
APRs will differ from one student to the next. APRs for student loans are highly dependent on your loan qualifications and whether you opt for a variable or fixed rate.
At Ascent, we offer students a range of flexible payment options and the option to pause payments for up to 9 months after graduating or leaving school. These are just a few of the reasons we are recognized as Best Private Student Loan for 2021 by Forbes Advisor and NerdWallet (among others).
Student loan rates are based on a range of factors including credit history, credit score, and debt-to-income ratio, among others determined by your lender. 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 repayment examples below, based on the amount of time you spend in school and any grace period you have before repayment begins.
If you choose a variable loan, changes to the 30-day SOFR Average may affect your variable loan rate.
You can check your rates with Ascent without impacting your or your cosigner’s credit score.
Your lender should be upfront with you about this information. Many lenders, including Ascent, are transparent with their APRs, and even allow you to check your rates online without impacting your credit score.
Whether you’re applying for a student loan for the first time or already have one, talk to your lender if you have questions about your APR*. If you’re considering applying for a student loan with Ascent, our 100% U.S. based customer service team is available to help answer your questions:
Call 877-216-0876 Toll-free
Email us at [email protected]
For application status & questions:
Please log into your online account at: ascentfunding.com
*Annual Percentage Rates (APRs) displayed above are effective as of 07/15/2026 and reflect an Automatic Payment Discount of 0.5% on credit-based college student loans, and a 1.00% discount on outcomes-based college student 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. For more information, see repayment examples or review the Ascent Student Loans Terms and Conditions. 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.
**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.
Checking your rate will not impact your credit score.
For students seeking their undergraduate or graduate degree from a university or college.
For students attending a coding career training school pursuing a degree in technology, professional training, or licensure training.
Don’t miss out on a chance to win $10,000 from Ascent! No essay required.
*Students 14+. See Official Rules.
