Loans fast upperclassmen and graduate pupils with no credit, earnings or co-signer.

Important thing: perfect for pupils who would like to use a co-signer and fast pay off loans or upperclassmen and graduate pupils without any credit, earnings or co-signer.

Reviewed loan Co-signed and non-co-signed student that is private for undergraduates
Loan terms Co-signed choice: Five, 10 or 15 years for variable-rate loans. Five or decade for fixed-rate loans. Non-co-signed choices: 10 or 15 years for variable-rate loans. A decade for fixed-rate loans.
Loan amounts Co-signed choice: $1,000 minimum to $200,000 throughout the duration of a debtor. The quantity for every single loan period cannot go beyond the total price of attendance. Non-co-signed choices: $1,000 to $20,000.
Grace duration 6 months
Co-signer release available Yes, when it comes to loan option that is co-signed.
Relevant services and products personal graduate pupil loans

Pros & Cons

  • Forbearance of two years is longer than many loan providers.
  • You possibly can make payments that are biweekly autopay.
  • For co-signed choice, numerous in-school payment choices can be found, including interest-only, flat-fee and deferred.
  • No co-signer or credit history is required for non-co-signed future-income based option.
  • Less repayment term lengths than many other loan providers for fixed-rate loans.
  • Non-co-signed future income-based choice is available and then university juniors, seniors and graduate pupils.

Comprehensive Review

Ascent is an on-line loan provider that provides three choices for student loan borrowers: a conventional co-signed loan, a credit-based non-co-signed loan and another geared towards borrowers whom lack a credit score, co-signer or earnings.

The loan that is co-signed a good complement borrowers whom intend to work with a co-signer and desire to pay back loans fast. The option that is co-signed lower interest levels.

The non-co-signed future income-based loan — available and then juniors, seniors and graduate students — is regarded as only some open to borrowers without any credit, earnings or co-signer.

Because of its non-cosigned loan that is credit-based pupil borrowers will need to have a lot more than 2 yrs of credit rating with a credit history of 680 or above and meet minimum income demands.

Ascent borrowers can allocate overpayments to numerous reports or even an account that is single and so they additionally makes biweekly re re payments via autopay. These features help borrowers repay debt faster.

Ascent at a look

  • Substantial forbearance choices.
  • Provides co-signed and non-co-signed loan that is credit-based numerous in-school payment choices including interest-only, flat-fee and deferred.
  • Borrowers who don’t have co-signer or credit history can qualify.

Exactly Just Just How Ascent could enhance

Ascent could improve by providing:

  • Advertised interest that is fixed below 10%.

Ascent personal student loan details

  • Smooth credit check to qualify and view just what price you’ll get: Yes.
  • Loan terms: Co-signed and non-co-signed credit-based choices: Five, 10 or fifteen years for variable-rate loans. Five or a decade for fixed-rate loans. Non-co-signed future income-based choice: 10 or 15 years for variable-rate loans. A decade for fixed-rate loans.
  • Loan amounts: Co-signed and non-co-signed options that are credit-based $1,000 minimum to $200,000 on the duration of a debtor. The total amount for every loan period cannot go beyond the cost that is total of. Non-co-signed future option that is income-based $2,000 to $20,000.
  • Application or origination charge: No.
  • Prepayment penalty: No.
  • Late costs: Yes, a cost add up to 5% for the quantity of the last due payment relates following the re re payment is 10 times later. The minimum late cost is $5; the most is $25, except where forbidden for legal reasons.

Compare Ascent’s array of interest levels with private education loan loan providers. Your real price is determined by facets as well as your co-signer’s credit score and financial predicament. To see what price Ascent shall give you, use on its site.


Ascent’s future that is non-co-signed choice considers a borrower’s future earnings instead of emphasizing present earnings or credit as an element of its underwriting process. When it comes to co-signed and non-co-signed credit-based options, borrowers must satisfy credit and earnings demands.

  • Minimum credit rating: 540 for co-signed loan pupil borrowers with a co-signer who may have a credit rating of 740 or more, otherwise the pupil should have no less than 600. For the non-co-signed credit-based loan, the pupil will need to have a minimal credit rating of 680 as well as minimum couple of years of credit rating. A credit score is not necessary for the non-cosigned future income-based loan.
  • Minimal earnings: $24,000 when it comes to co-signed and non-co-signed option that is credit-based. Earnings isn’t considered when it comes to non-co-signed future option that is income-based.
  • Typical credit rating of authorized borrowers or co-signers: failed to disclose.
  • Typical income of approved borrowers: failed to reveal.
  • Optimum debt-to-income ratio: failed to reveal.
  • Can qualify in the event that you’ve filed for bankruptcy: Yes, after 5 years have actually passed away.


  • Citizenship: Borrowers could be U.S. Residents, permanent residents, worldwide or DACA pupils. Overseas and DACA pupils need an qualified U.S. Resident or permanent co-signer that is resident. The exact same needs use to co-signers.
  • Location: accessible to borrowers in every 50 states.
  • Needs to be enrolled half-time or even more: Yes. Non-co-signed future income-based borrowers also needs to satisfy satisfactory performance that is academic by having a 2.5 GPA or more.
  • Kinds of schools offered: an school that is eligible typically conventional two-year or four-year degree-granting organizations.
  • Portion of borrowers that have a co-signer: 100% when it comes to co-signed option and 0% when it comes to option that is non-co-signed.

In-school payment alternatives for co-signed loan borrowers:

  • Deferred payment: No re payments while you’re in school and until your elegance period stops 6 months after making school or dropping below half-time. Since there are not any prepayment charges, you may prefer to make re re payments sooner. Interest shall continue steadily to accrue while you’re at school whether you spend or otherwise not. The attention that accrues will capitalize, or be put into your major stability, at the finish of the elegance duration.
  • Flat-fee repayment: spend $25 every while enrolled in school and during the grace period month. This choice will help save you significantly more than deferred payment, but somewhat lower than interest-only payment. You can easily spend a group payment per month while signed up for college at minimum half-time.
  • In-school interest-only repayment: Pay interest every month you’re enrolled at the very least half-time in school and through the elegance duration. This method will save you the likely many cash.