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Ascent Student Loans

in Private Student Loans from Ascent Funding LLC

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Ascent Student Loans

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in Private Student Loans from Ascent Funding LLC

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Highlights
Highlights
Community Rating Strongly recommended
Fixed APR 4.81% - 13.98%
Variable APR 4.19% - 13.19%
Loan Amount $2,000 - $200,000

Ascent Student Loans Review

Ascent Student Loans is a private student loan offering by Ascent Funding LLC, based in San Diego, CA. Founded in 2012, Ascent Funding LLC offers student loans in 50 states (and Washington, DC).

What rates does Ascent Student Loans offer for in-school private student loan?

Ascent Student Loans has a variable APR that ranges from 4.19% up to 13.19%.

It offers a fixed APR that ranges from 4.81% up to 13.98%.

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 Student Loans?

Available loan amounts may vary by applicant but Ascent Student Loans has a minimum loan amount of $2K and offers loans up to $200K.

Does Ascent Student Loans charge an origination fee?

No, Ascent 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 Student Loans charge prepayment fees?

No, Ascent 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 Student Loans offer?

Ascent Student Loans provides repayment terms ranging from 5 to 15 years.

What type of borrowers will Ascent Student Loans consider?

Ascent Student Loans considers loans applications from:

  • undergraduate students
  • graduate students

What do you need to qualify for a loan with Ascent Student Loans?

Applicants with a credit score of at least 600 can apply for a loan via Ascent Student Loans. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

Borrower or cosigner must have a minimum income of $24,000 to qualify. Ascent Student Loans only considers borrowers who are employed.

Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

  • Proof of citizenship or residence permit
  • Proof of income
  • ASCENT STUDENT LOANS Disclosure: Terms, conditions and limitations apply. Visit https://ascentstudentloans.com/terms-conditions/ for important information. Ascent rates are effective as of 03/01/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. Competitive rates calculated monthly at the time of loan approval. Ascent Tuition Cosigned Loan: Variable rate loans are based on a margin between 2.00% and 11.00% plus the 1-Month London Interbank Offered Rate (LIBOR), rounded to the nearest 1/100th of a percent. Your interest rate may increase or decrease, based on LIBOR monthly changes. For Ascent Tuition loan current rates and repayment examples visit www.AscentTuition.com/APR. Ascent Independent Non-Cosigned Loan: Variable rate loans are based on a margin between 4.00% and 12.50% plus the 1-Month London Interbank Offered Rate (LIBOR), rounded to the nearest 1/100th of a percent. Your interest rate may increase or decrease, based on LIBOR monthly changes For Ascent Independent non-cosigned loan current rates and repayment examples visit www.AscentIndependent.com/APR.
    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...

    Contact

    • Headquarters
    •   San Diego, CA 2012
    •   Visit Site

    Message from Ascent Funding LLC

    Ascent is an innovative private student loan program that provides access to higher education funding for an expanded population of students, while encouraging the financial wellness of students and their families through financial literacy.

    About Ascent Student Loans

    Availability

    Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
      Available in 50 states and Washington, D.C.
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Washington, DC
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming

    Feature Breakdown

    No Origination Fee  
    No Prepayment Fee  
    Minimum Age 18
    Cosigner Optional  
    Co-signing Allowed  
    Credit Score Range 600 - 850
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Minimum Annual Income $24,000
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    Verification Documents Required
    • Proof of Income
    • Proof of citizenship/residence (Green Card)
    Variable APR 4.19% - 13.19%
    Loan Amount $2K - $200K
    Loan Term 5 - 15 years
    Fixed APR 4.81% - 13.98%

    Ascent Student Loans Community Reviews

     
     

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