Ascent Student Loans

in Private Student Loans from Ascent Funding LLC

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Ascent Student Loans


in Private Student Loans from Ascent Funding LLC

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Community Rating Strongly recommended
Fixed APR 4.22% - 13.66%
Variable APR 3.71% - 13.01%
Loan Amount $2,000 - $200,000

Ascent Student Loans Review

Ascent Student Loans is offered by Ascent Funding LLC, a financial services company founded in 2012 and based in San Diego, CA. The offering is made possible by a bank partnership with Richland State Bank. Ascent Student Loans is offered 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 3.71% up to 13.01%.

It offers a fixed APR that ranges from 4.22% up to 13.66%.

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 Ascent Student Loans?

Applicants with a credit score of at least 600 and up to 850 are eligible for Ascent Student Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for private student loans with Ascent Student Loans, applicants need a minimum annual income of $24,000 or higher. Ascent Student Loans only considers borrowers who are employed and meet the minimum income requirement. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

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

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

  • Proof of income
  • Proof of citizenship or residence permit
ASCENT STUDENT LOANS Disclosure: *Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations; and terms and conditions may apply. For Ascent Terms and Conditions please visit: Rates are effective as of 07/29/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: 1% Cash Back Graduation Reward subject to terms and conditions.
SUPERMONEY Disclosure: 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...


  • 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


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 3.71% - 13.01%
Loan Amount $2K - $200K
Loan Term 5 - 15 years
Fixed APR 4.22% - 13.66%

Ascent Student Loans Community Reviews


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