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Ascent Student Loans Review
ConsumersAdvocate.org Rating: 4 / 5 (Excellent)
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How Do We Rate Ascent Student Loan?
Breakdown
Our Overall Rating: 4 / 5 (Excellent)
Ascent Student Loan Loan Specifics
Loan Details - 4.1 / 5
Ascent rates will vary depending on whether you have someone cosigning your loan. See rate details to find out whether having a cosigner on your loan can benefit you.
Loan Types | Undergraduate Graduate |
Minimum Loan Amount | $2,001* |
Maximum Loan Amount | $400,000 |
Loan Term | Loan terms vary by type:
Undergraduate: 5, 7, 10, 12 or 15-Years
Graduate and Law: 7, 10, 12 or 15-Years
Medical/Dental: 7, 10, 12, 15 or 20-Years |
Interest Rates | Fixed Variable |
Repayment Options | Deferred Fixed Partial Interest |
Grace Period | |
Deferment or Forbearance | |
Cosigner Release |
Fixed APR Range
Variable APR Range
Disclaimer
Ascent Student Loan Qualifications
Eligibility Criteria - 4 / 5
Cosigner Required | |
Course Load | Half-time |
Citizenship Requirement | U.S. Citizen Permanent Legal Resident Non-U.S. Citizen with a Cosigner |
Ascent Student Loan Customer Experience
Customer Experience - 4 / 5
Ascent has been named one of the best 2021 private student loans by U.S. News, Money.com, Forbes, BadCredit.org, Business Insider, Dollar Geek, and other organizations.
You can see your prequalified rates without affecting your credit score. That makes comparing loan opportunities easier when you're just starting to shop around.
Ascent offers an auto-pay award discount of 0.25% reduction of interest rate on both loans. In addition, the company grants a 1% Cash Back Graduation Reward.
Student Loan Calculator | |
Online Quotes |
Discounts
Ascent Student Loan Company Reputation
Additional Benefits - 4 / 5
Lender Type | Non-bank Financial Institution |
Year Founded | 2000 |
BBB Rating | A+ |
Date Collected | 2024-12-01 |
Company's Disclosure
Company Profile
Full Name | Ascent Student Loans |
Company Website | |
Headquarters | 402 West Broadway Suite 2000, San Diego, CA, 92101 |

Easy Online Application
-
Variable rates at 5.01% APR
- Apply in minutes without impacting your credit score
- Cover up to 100% of your tuition and eligible living expenses
Ascent loans funded by Bank of Lake Mills/DR Bank, Member FDIC. Terms: AscentFunding.com/Ts&Cs. APRs effective: 3/1/2025
Ascent's unique eligibility criteria, wide choice of undergraduate and undergraduate loans, and loan eligibility for DACA students set the program apart from other competitors and may be a great choice for consumers.