© 2021 Bankrate, LLC. Independent borrowers applying for the non-co-signer credit-based loan will need at least two years’ worth of credit history and a credit score of at least 680, according to an Ascent representative. Apply for student loans with or without a cosigner, Transform your career at an eligible bootcamp. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. The 2020-21 rates were at record lows due to COVID. Ascent loans are originated by Richland State Bank, Member FDIC. Enroll Today. Ascent gives you exclusive access to tips and resources to prepare you for financial success in school and after you leave. "url":"https://www.ascentfunding.com/college-loans/" Ascent was named Best Private Student Loan for 2021 by Forbes Advisor and NerdWallet. This will be for new federal loans disbursed between July 1, 2021, and June 30, 2022. The Ascent Program for Funding Education is a private student loan program that grants access to larger education funding. Ascent offers student loans for both undergraduate and graduate students, with options to apply with both a co-signer and no co-signer. Enroll to access and manage your accounts 24/7 from anywhere in the world. Ascent Student Loans offers credit-based student loans to undergraduate and graduate students. Passive income ideas to help you make money, Home equity line of credit (HELOC) calculator, Best age for Social Security retirement benefits, Sallie Mae Student Loans: 2019 Comprehensive Review, Privacy policy / California privacy policy. Tips to Plan & Pay for College { Its subsidiary Goal Structured Solutions (GS2) launched it in 2017 as a way of being directly involved in the tuition student loan market. "position":4, Compare interest rates, loan terms, loan amounts and repayment options. You can get an idea of your rate by going through the prequalification process. Learn more about our options for private loans for undergrad students. Ascent’s variable and fixed rates start low, though rates on its upper bound are a bit higher than what other lenders offer. For students seeking their undergraduate or graduate degree from a university or college. Their parent company, Goal Solutions, Inc., has been giving out student loans for decades. We value your trust. Not all loan programs are available in all states for all loan amounts. Ascent is a private student loan program that provides access to higher education funding for an expanded population of undergraduate and graduate students. But it’s an especially good option if you don’t have a co-signer. Competitive interest rates, generous … Here’s an explanation for Personal and business online banking features and functionality include electronic bill pay, balance transfers, check deposit, loan payments, fraud alerts and more. But borrowers applying for loans based on their future income must be enrolled full time or graduating within the next six months. Find a loan in minutes that fits your budget and needs. your credit score. NMLS#1761645 NMLS Consumer Access – Licenses. Not necessarily. PARENT LOAN SAVINGS: Origination fee savings of $744 are calculated using the Federal Direct Plus Loan origination fee of 4.228% (for loans first disbursed between 10/1/19 and 9/30/20) and an average amount financed of $17,600 as compared to the Citizens Student Loan, which has no origination fees. Forgiveness & Forbearance: Ascent Student Loans include Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance. Ascent offers private student loans to help undergraduate and graduate students pay for college. The company’s email address is help@ascentprogram.com. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. Loan terms range from five to 20 years, depending on the type of loan, and you can choose from three flexible repayment plans. Ascent Student Loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance. Ascent is new to the student loan market. There are a few companies involved with getting you your loan: Loans are processed by Ascent Funding, serviced by a company called Launch Servicing, and Financed by Richland State Bank (RSB), Member FDIC. But what really sets Ascent apart is the fact that you can land a … "@type":"SiteNavigationElement", Loan products may not be available in certain jurisdictions. And if you experience financial hardship while repaying the loan, you may be able to suspend payments for up to 24 months total.
Kim Porter is a personal finance expert who loves talking budgets, credit cards and student loans. "name": "Student Loans No Cosigner", pre-qualify, you can add a cosigner. We want to form a long-term partnership with you. Being young I don’t have a strong credit history. }, Bankrate.com is an independent, advertising-supported publisher and comparison service. Its subsidiary Goal Structured Solutions (GS2) launched it in 2017 as a way of being directly involved in the tuition student loan market. As of 2/4/2021, Ascent student loans are funded by Bank of Lake Mills (loans funded prior to that date were originated by Richland State Bank), but Ascent's loans … "@id":"https://www.bankrate.com/loans/student-loans/reviews/ascent/", Editorial disclosure: All reviews are prepared by Bankrate.com staff. Access and manage your accounts 24/7 from anywhere in the world. By accepting, you agree to the use of cookies while visiting this site. If you have sufficient credit, then you may borrow up to $200,000 total. Ascent is new to the student loan market. According to an Ascent representative, Ascent typically requires a credit score of 540 for the borrower and 620 for the co-signer. Ascent Funding is an award-winning lender, committed to revolutionizing how you pay for higher education at colleges and coding bootcamps. With Ascent Online Bank it’s simple to get started trading Forex, and it’s easy to get the education needed to hone your skills. Ascent doesn’t charge any origination, application or disbursement fees for its student loans. All Rights Reserved. "name":"Ascent Student Loans: 2021 Review", Ascent Student Loans is located in San Diego. But juniors and seniors who take out a future income-based loan may only borrow up to $20,000 per year. If you go this route, make sure that the co-signer understands their responsibilities. See full details . Ascent is a private student loan program that provides access to higher education funding for an expanded population of undergraduate and graduate students. "position":2, "description": "Pay for college even if you don't have a cosigner. Certain restrictions, limitations; and terms and conditions may apply. Ascent is a division of Goal Structures Solutions (GS2), a finance technology company, and partners with Richland State Bank to originate student loans for its lenders. ] }. Advantages of Ascent Student Loans. It’s different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). "reviewRating":{"ratingValue":4.1}, "headline":"Ascent Student Loans: 2021 Review", "@type":"Brand", Ascent wants to ensure that borrowers are set up for success. Our editorial team does not receive direct compensation from our advertisers. The offers that appear on this site are from companies that compensate us. "name": "Coding Bootcamp Loans", U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments, Inc. A Red Ventures company. Ascent Student Loan Features SunTrust Bank stopped accepting student loan applications in 2020. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. However, borrowers may be charged fees for late payments and returned payments. MBA, law and general graduate students have a nine-month grace period, while dental students and medical students can defer payments for up to 12 or 36 months, respectively. After graduation, borrowers can defer payments for up to nine months. College Loans. ", "position":5, Ascent loans are a good option for borrowers with a creditworthy co-signer, independent borrowers who have at least two years’ worth of a credit history or upperclassmen who qualify for a loan based on their future income. If you don’t have a co-signer, you can boost your approval chances by improving your credit scores and increasing your income. Getting a low interest rate and keeping fees to a minimum can save you thousands over the life of a loan. Ascent is an online student loan lender that offers alternative student loans to pay for school. Ascent is an online lender that offers options to student loan borrowers with and without a co-signer. Before applying for an Ascent student loan, it’s best to be aware of both the benefits and drawbacks of this lender. Ascent gives you more opportunities to finance your education, as well as these additional benefits: Choose to start making payments now or after leaving school AND no penalty if you choose to pay off your loan early. "description": "Apply today for an undergraduate private student loan with a cosigner. Bankrate.com is an independent, advertising-supported publisher and comparison service. ", Ascent offers both co-signed and non-co-signed student loans, which gives borrowers without co-signers more college funding options. Ascent loans are funded by Bank of Lake Mills. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. They are committed to providing students with more opportunities to fund their education with loans in their own name. If you need to take out a private loan to pay for school, it can be difficult to qualify without a co-signer. What is Ascent? If you’re thinking about applying for a private student loan, here’s what to know about Ascent. STUDENT LOAN SAVINGS: Origination fee savings of $779 are calculated using the Federal Direct Plus Loan origination fee of 4.228% (for loans … "name": "Student Loans with Cosigner", "position":3, We maintain a firewall between our advertisers and our editorial team. Ascent Student Loans are funded by Bank of Lake Mills, Member FDIC. }, Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. "author":{"@type":"Person","name":"Kim Porter"}, Ascent provides private student loans for undergraduate and graduate students.. Its loans products are categorized as: Co-signed credit-based loans: If you have a co-signer that satisfies the credit and income requirements, you can apply for a co-signer loan with competitive interest rates. { "@context": "https://schema.org", But you may qualify with one of Ascent’s three student loans: Students seeking undergraduate, graduate, medical, business, law and dental degrees can apply for loans, but the maximum you can borrow depends on your credit. Ascent’s bootcamp loans are consumer loans for those seeking to transform their career at a bootcamp or accelerated-learning program. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Undergraduate borrowers with a variable-rate loan can choose repayment terms of five, seven, 10, 12 or 15 years. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Learn about our options and apply for a private student loan without a cosigner. Ascent empowers students from all economic backgrounds and disciplines (including DACA students). Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. Our goal is to give you the best advice to help you make smart personal finance decisions. Borrowers can apply for an Ascent student loan entirely online. At Bankrate we strive to help you make smarter financial decisions. }, "@type":"SiteNavigationElement", You may be able to find a better deal with other private student loan lenders, such as CommonBond, Earnest and SoFi. This compensation may impact how, where and in what order products appear. "url":"https://www.ascentfunding.com/tuition/" You can contact Ascent’s customer service department at 877-216-0876 Monday through Thursday from 7 a.m. to 5 p.m. PST and Friday from 7 a.m. to 4 p.m. PST. Undergraduate, graduate, medical, dental, business, law, international, Undergraduate: 5.84% to 12.37% variable APR, 7.00% to 14.00% fixed APR (with autopay). In some cases, Ascent approves borrowers without a co-signer or credit history. Skills Fund, LLC (d/b/a Ascent Skills Funding) products are made available through Richland State Bank, Member FDIC. }, Ascent Student Loans seeks to put the money in the hands of the people who need it the most: the students. "dateModified":"January 22, 2021", Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. In addition to serving as a contributing writer for Bankrate, Porter also writes for publications such as U.S. News & World Report, Credit Karma and Reviewed.com. Ascent’s other loan requirements depend on whether you have a co-signer. You have money questions. Ascent offers even more ways for you to earn money throughout the year, even if you don’t have a loan with us. Check www.ascentfunding.com for the most up-to-date information. They’re legally responsible for making payments if you fall behind, and any missed payments could impact both of your credit histories. Learn more about our interest rates, repayment options and cash rewards. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Apply Now * Ascent loans are funded by Bank of Lake Mills, Member FDIC. The lender also doesn’t offer refinancing loans or student loans for parents, which limits your options. If you’re applying with a co-signer, Ascent will pull both your credit and the co-signer’s credit during the application process. Here’s what the process looks like when applying for a loan through Ascent: If your application is turned down, call the customer service department and ask for clarification. Complete your loan application in minutes and check your pre-qualified rates without impacting your credit score. To qualify for an Ascent student loan, you must be the age of majority in your state and a U.S. citizen. See My Rates See Eligibility Requirements Check your … { "name": "Graduate Student Loans", Ascent Funding is an award-winning lender, committed to revolutionizing how you pay for higher education at colleges and coding bootcamps. College Loans (Ascent Funding, LLC): Ascent Funding, LLC products are made available through Bank of Lake Mills, Member FDIC. However, GS2’s reach goes way beyond Ascent: It manages more than $26 billion in both private and federal student loans. ", So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. As of 2/4/2021, Ascent student loans are funded by Bank of Lake Mills (loans funded prior to that date were originated by Richland State Bank), but Ascent's loans … The information, including rates and fees, presented in the review is accurate as of the date of the review. Ascent offers student loans to undergraduate and graduate college students. Forgiveness & Forbearance: Ascent Student Loans include Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance. "itemReviewed":{"@type":"http:\/\/schema.org\/Product", The loan is forgiven if the student dies or becomes totally and permanently disabled. Ascent is an online lender that offers private student loans to undergraduate and graduate students. We will take the time to gather information and understand your needs. Apply Now * Ascent loans are funded by Bank of Lake Mills, Member FDIC. "itemListElement":[ Plus, your co-signer will need to show proof that they earn at least $24,000 per year. You’ll also need to be enrolled at least half time. Private student loan volume grew much more rapidly than federal student loan volume through mid-2008, in part because aggregate loan limits on the Stafford loan remained unchanged from 1992 to 2008. Ascent is an online lender that offers private student loans to undergraduate and graduate students. Read our detailed Ascent student loan review to learn about interest rates, repayment terms, fees, loan amounts, and more offered, including loans with no co-signer. You can reach the customer service department at 877-354-2629 every day from 8 a.m. to 5 p.m. CST. This is an example page. Ascent is an online student loan lender that offers alternative student loans to pay for school. "position":1, 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. We reserve the right to modify or discontinue (in whole or in part) these loan programs and their associated services and benefits at any time without notice. Check your pre-qualified rates without impacting your credit score. They offer loan products to help undergraduate and graduate students pay to continue pursuing higher education. "@type":"Review", Get the mobile app for … Ascent offers co-signed loans, non-co-signed loans (credit-based), non-co-signed future income loans. When she's not writing or reading, you can usually find her planning a trip or training for her next race.
. Learn more about our benefits and repayment options. }, { Ascent was created by personal finance company Goal Solutions Inc. and Richland State Bank. They offer both a traditional student loan that requires a cosigner, but they also offer a loan for students who qualify that does not require a cosigner. Bankrate has answers. This is for undergraduate and graduate students. Plus, Ascent has 3 options to pick from: traditional co-signed, credit-based non-co-signed loans, or credit history or co-signer for people who don’t have income. The Federal Direct Student Loan interest rates for the school year 2021-22 have been determined by the government and they will be higher for the school year 2021-22. "@type":"SiteNavigationElement", The lender can tell you why you didn’t qualify and might suggest applying again with a qualified co-signer. All graduate loans offer repayment periods of seven, 10, 12 or 15 years for a variable-rate loan and seven, 10 or 12 years for a fixed-rate loan. But this compensation does not influence the information we publish, or the reviews that you see on this site. Whether you’re a skilled or completely new to online banking, our platforms give you the tools needed to take advantage of the foreign exchange market’s volatility. You can either apply alone or with a cosigner, with the latter helping you if you’re still trying to build credit. To help you borrow responsibly, we incorporate financial wellness into our student loan application process and give you exclusive access to tips and resources to prepare you for financial success in college and after graduation. The company was founded on the principle that student loans should be a tool that borrowers could use to reach their dreams. Ascent is a private student loan lender that stands out because of its consideration of the financial outcome of a college degree during the application process. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. { For students attending a coding bootcamp school pursuing a degree in technology, professional training, or licensure training. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Which certificate of deposit account is best? Most people start with an About page that introduces them to potential site visitors. Ascent Student Loan products are subject to credit qualification, completion of a loan application, verification of application information and certification of loan amount by a participating school. Get insider access to our best financial tools and content. Loan products may not be available in certain jurisdictions. Ascent Funding, LLC products are made available through Bank of Lake Mills, Member FDIC. Interest rates and program terms are subject to change without notice. Loan approval is subject to credit approval and program guidelines. "description": "Ascent Funding's bootcamp loans help students pay tuition and living expenses at a bootcamp or accelerated-learning program. Ascent’s college loans are private student loans for those attending undergraduate and graduate programs. University Account Service (UAS) services Ascent loans made prior to May 17, 2019. We scored … Ascent is a lender of private student loans. What are the rates and fees for an Ascent Student Loan? Ascent empowers students from all economic backgrounds and disciplines (including DACA students). It offers student loans that are based on credit for both undergraduates and graduate students, as well as one that is based on the undergraduate student borrower’s future income. "name":"Ascent Student Loan"}}, Ascent’s student loans are funded by Richland State Bank, which received an A+ rating by the Better Business Bureau, and they’re serviced by Launch Servicing. Check your rate without impacting your credit score. As of April 1, 2021, variable interest rates on the Ascent Cosigned Credit-Based Loan and Non-Cosigned Loans range from 2.14% - 12.94% and fixed interest rates are 3.43% - 14.50%. What’s the difference between Ascent’s college loans and bootcamp loans? Ascent Terms & Conditions *Ascent loans are funded by Bank of Lake Mills, Member FDIC. "name":"Ascent Student Loans: 2021 Review"}}. Our experts have been helping you master your money for over four decades. The net increase is 0.984 from last year’s rate. "@type":"ItemList", Both fixed- and variable-rate student loans are offered by Ascent Funding. "url":"https://www.ascentfunding.com/independent/" There’s also no penalty for paying off your loan early. While we adhere to strict ", The company was founded on the principle that student loans should be a tool that borrowers could use to reach their dreams. We're local and community strong. Ascent offers additional resources to help you thrive in school and beyond. What is Ascent? When we make a loan, it's not about making a sale, it's about finding a solution that benefits both of us. "position":6, "url":"https://www.ascentfunding.com/bootcamp-loans/" Ascent also offers incentive programs — including a cash back graduation reward and a referral bonus — and generous deferral and forbearance options. There is … Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. They offer loan products to help undergraduate and graduate students pay to continue pursuing higher education. {"@context":"http:\/\/schema.org", If you choose to fund your education with an Ascent Student loan, you can apply to get 1% Cash Back on the principle loan amount at graduation. "@type":"SiteNavigationElement", Anjellica C. Northern Arizona University. Ascent’s repayment terms vary by loan type, but all student loans come with a grace period of at least nine months. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. For questions about an existing loan, such as payment, deferment or forbearance information, contact Launch Servicing. There’s no penalty for paying off your loan early. Bankrate’s editorial team writes on behalf of YOU – the reader. The loans offered by Ascent are made by Richland State Bank (RSB), Member FDIC. "name": "School Loans for Students", Who do I contact for my Ascent college loan? The application process takes about five minutes if you have all of your information handy. To set students up for success, we offer scholarships (over $72,000 this year) and exclusive benefits for students. Ascent Bank is relationship driven. Undergraduate students have the option to apply for a Cosigned Credit-Based Loan, Non-Cosigned Credit-Based Loan or Non-Cosigned Future Income-Based Loan … "url":"https://www.ascentfunding.com/undergraduate-loans/" But the only repayment term options for fixed-rate loans are five, seven, 10 or 12 years. Find the latest Ascent Student Loans promotions, bonus and referral offers here.