Is Ascent - Cosigned Student Loans the right fit for you?
Last Updated: 05/02/2026
Ascent - Cosigned Student Loans
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Last Updated: 05/02/2026
SuperMoney User Recommendation Score +92
Strongly recommended13 total votes
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Highlights
Community Rating
Strongly recommended
Fixed APR
2.69% - 16.56%
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Variable APR
3.65% - 16.06%
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Amount Range
$2,001 - $200,000
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Number of Reviews
Ascent - Cosigned Student Loans Review
Ascent - Cosigned Student Loans is offered through Ascent Funding LLC, founded in 2016 and based in San Diego, CA. It is made possible by a bank partnership with Bank of Lake Mills. Ascent - Cosigned Student Loans are available in 50 states and Washington, DC.
Ascent - Cosigned Student Loans Pros & Cons
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Ascent - Cosigned Student Loans FAQ
What rates does Ascent - Cosigned Student Loans offer for in-school private student loan?
Ascent - Cosigned Student Loans has a variable APR that ranges from 3.65% up to 16.06% .
It offers a fixed APR that ranges from 2.69% up to 16.56% .
Rate is quoted with autopay discount*.
Many students have little or no credit history when they start college. By having a parent or other creditworthy individual cosign the loan, the student may improve their chance of approval or qualify for lower interest rates.
How much can you borrow from Ascent - Cosigned Student Loans?
Available loan amounts may vary by applicant but Ascent - Cosigned Student Loans has a minimum loan amount of $2K and offers loans up to $200K.
Does Ascent - Cosigned Student Loans charge an origination fee?
No, Ascent - Cosigned Student Loans does not charge a loan origination fee.
A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Ascent - Cosigned Student Loans charge prepayment fees?
No, Ascent - Cosigned Student Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
What terms does Ascent - Cosigned Student Loans offer?
Ascent - Cosigned Student Loans provides repayment terms ranging from 5 to 15 years.
Ascent - Cosigned Student Loans offers borrowers unemployment protection. This means that if you lose your job -- or you have just finished school -- your loan payments are placed on a temporary hold.
What type of borrowers will Ascent - Cosigned Student Loans consider?
Ascent - Cosigned Student Loans considers loans applications from:
What do you need to qualify for Ascent - Cosigned Student Loans?
Applicants with a credit score of at least 540 and up to 600 may be eligible for Ascent - Cosigned Student Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Ascent - Cosigned Student Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Ascent - Cosigned Student Loans.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Proof of citizenship or residence permit
Is Ascent Funding LLC a legit company?
Ascent Funding LLC was founded in 2016, it is a well-established company that has been in business for 10 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
Ascent - Cosigned Student Loans Disclosure: *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 05/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of 0.25% on credit-based college student loans submitted prior to 6/1/2025, 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. 1% Cash Back Graduation Reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent 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.
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 (variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 5.90% APR, with 57 payments of $49.17 while in-school/grace, 60 payments of $192.88 during the repayment term, and a total cost of $14,376.53.
* $25 Minimum Payment: 6.53% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $234.12 during the repayment term, and a total cost of $15,471.73.
* Deferred Repayment: 6.71% APR, with no payment while in-school/grace, 60 payments of $270.31 during the repayment term, and a total cost of $16,181.14.
* Immediate Repayment: 3.65% APR, with 60 payments of $182.6, and a total cost of $10,955.77.
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: 16.06% APR, with 57 payments of $133.75 while in-school/grace, 180 payments of $147.26 during the repayment term, and a total cost of $34,130.81.
* $25 Minimum Payment: 14.46% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $242.08 during the repayment term, and a total cost of $44,997.01.
* Deferred Repayment: 14.89% APR, with no payment while in-school/grace, 180 payments of $281.22 during the repayment term, and a total cost of $49,857.65.
* Immediate Repayment: 15.81% APR, with 180 payments of $145.54, and a total cost of $26,193.91.
View Ascent - Cosigned Student Loans's published terms & conditions
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Ascent - Cosigned Student Loans
Other Services by Ascent Funding LLC
Other Private Student Loans from Ascent Funding LLC
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Ascent - Non-Cosigned Student Loans
Sponsored
Fixed APR
7.42% - 14.71%
Variable APR
6.58% - 13.69%
Amount Range
$2K - $20K
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +92, or 4.8 on a 5-point rating scale.
+92
-1000+100
No one recommends
Everyone recommends
Ascent - Cosigned Student Loans Community Reviews
Would you recommend Ascent - Cosigned Student Loans to your friends?
SS
Steven S.
Aug 29, 2023
May or may not recommend
Seems like a good idea to get a new loan before rates go up
EJ
Ekene J.
May 26, 2022
May or may not recommend
Cool, but I don't remember borrowing money from this site
Antonyo H.
Sep 24, 2021
May or may not recommend
This student loan company I've never heard of before so I wouldn't know what to say but to be careful when it comes to these student loans. This company might just be legit..
MA
Moses A.
Jul 23, 2021
May or may not recommend
Ascent made my student loan refinance process a total breeze. Interest rates were great, and I feel confident going into the fall semester, knowing my loan is good to go.
Sydjanai
Jul 3, 2021
May or may not recommend
I am a young college student who has little banking experience, and hasn't utilized credit very much yet. Because of this, getting a cosigner can be impossible. I'm excited to find out that Ascent doesn't require such a thing, making the whole process easier for its primary market. Despite this, they still maintain competitive rates which is great.
J.
James .
Mar 3, 2021
May or may not recommend
As a young adult with little credit history and someone who could not get a co-signer, Ascent made the process to get loans to finish my school simple and easy. Without them, a college degree might not have been possible. On top of that, their rates remain competitive compared to the rest of the private student loans market.
RM
Ricky M.
Dec 21, 2020
May or may not recommend
It was quick and very simple, very easy process and also I love the idea of not having to make any payments while I’m in school! It takes a lot of stress away from me and it help me decide that I should start school sooner instead of holding back, due to not having to pay while I’m in school!
AB
Ashley B.
Nov 29, 2020
May or may not recommend
During my second year in college,my mum lost her job and became sick. There was no way we could cover my tuition. Ascent came through for me! I didn't even need a co signer. The process was so easy and straightforward. They covered my fees and I was able to graduate. Thank you Ascent.
GR
Gaby R.
Nov 5, 2020
May or may not recommend
My parents basically cut me off from college tuition so I genuinely thought I wouldn't be able to finish schooling. But when I was looking for student loans, Ascent came up and I checked it out. I've been able to finish my last semester of school because of Ascent! I wouldn't be getting my degree this year if it were for Ascent, so thank you to this great company. They ...Show More
AK
Adegboyega K.
Oct 17, 2020
May or may not recommend
If you need to borrow money to pay for school, qualifying for a student loan without a co-signer can be difficult, but Ascent Student Loans aims to change that. It offers student loans to undergraduate and graduate students and allows borrowers to get approved without a co-signer or an established credit history.
Ascent also offers benefits, such as a graduation reward and a significant automatic payment discount for select borrowers
SO
Stanley O.
Oct 4, 2020
May or may not recommend
In my freshmen and sophomore days, I needed a co-signer as it was a requirement. There’s also a 1% cash back graduation reward.
Another mouth washing deal that it offers is qualification for loan is the placement of a co-signer as substitute for a credit card. I would recommend it, it has a smooth process.
U
Anonymous
Sep 25, 2018
May or may not recommend
Upfront transparency regarding tuition fees, program length, APR and loan terms. No surprises.
U
Anonymous
Jul 15, 2018
May or may not recommend
Used Skills Fund for an accelerated cyber security program. My credit is good, but not great. I was approved for an $18,000 loan, and Skills Fund dispersed the money with no issues. Contact with customer service was professional and courteous. There have been no catches or hidden fees of any kind. Interest rates are high, but they are up front about that from the beginning. You have to make sure ...Show More
Showing 13 of 13 reviews
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