Ascent Student Loans Review

Ascent Student Loan is available to undergraduate or graduate students and aims to help you gain the qualifications you need to build a successful career and higher income.

Many students are prevented from going to college for lack of money and student loans allow them to pursue that dream by contributing to their college education.

Of course, just like any other loan, student loans require organization and financial planning, preventing debts and interest rates from getting bigger and bigger and out of control.

Therefore, student loans help many students to achieve their careers and should be done in a planned way. To learn more about the Ascent Student Loan, read on.

Who is Ascent Student Loans best for?

Ascent Student Loans are ideal for borrowers with a bad or fair credit score. In addition, Ascent Student Loan makes education more accessible to students who don’t have the money to pay high tuition and living expenses.

What are the benefits of Ascent Student Loans?

If you want to continue or start a new one of studies, but don’t have the financial stability to support yourself, the Ascent Student Loan can help you. That’s because it is a company specializing in student loans, allowing students across the country to complete their studies.

If you are interested in Ascent Student Loans, check out all its advantages and benefits:

Grants Borrowers 24 Months of Financial Hardship Tolerance: Ascent Student Loans understands if a borrower is going through a difficult time. Thus, borrowers with qualified difficulties can defer payments on their loan for up to 24 months.

1% Graduation Cash Reward: Ascent Student Loan also offers a 1% Graduation Cash Reward, meaning you will receive 1% cash back after graduating.

Allows international student loans: Ascent Student Loan is the best option for international students, offering a fast application process and guiding, making it more convenient.

Offers an extended grace period: Ascent also offers a longer grace period than other companies.

1% off interest rates: Borrowers who sign up for automatic payment are offered 1% off interest rates, helping to save even more.

Ascent Student Loans Details

Here are some more details about the Ascent Student Loan:

Student Loan Amount: The amount of the Ascent Student Loan varies from 2000 to 20000 for each year of study, and you can also apply for a loan of $200,000 for the entire period of the course that the borrower is taking.

Loan term: Ascent Student Loan offers four loan term options, seven, ten, twelve or fifteen years. However, for fixed rate loan options, the term options are only ten or fifteen years.

Ascent Student Loans Interest Rates and Fees

See all fees charged by the Ascent Student Loan:

Interest rate: Ascent Student Loan interest rates differ depending on the type of loan. For fixed rates, the values are 11.88% and 13.24%, while for variable rates they can range between 9.91% and 12.30%. These numbers are considered very competitive when compared to the average student loan interest rates found in the market.

Origination Fee: Fortunately, Ascent Student Loan does not charge an origination fee, which is a great perk offered by the company.

Late payment: If you forget to pay your loan more than fifteen days after the due date, a fee of 5% of the overdue amount is charged to the borrower. Regarding the prepayment fee, no fee is charged, making it easier for borrowers who want to pay their loan in advance.

Qualifying for Ascent Student Loans

If you are looking for funding to continue your studies, here are the requirements needed to qualify for Ascent Students Loans:

• Must earn at least $24,000 a year.
• Must have a 2-year credit history.
• Must be a U.S. Citizen, permanent resident, DACA student, or international student.

You can also opt for a co-signer when applying for your Ascent student loan, but keep in mind that your co-signer should only be available after 12 consecutive months of repaying your loan.