Post-school and non-co-signed loan payment choices

  • In-school deferment: Yes, pupils enrolled at minimum half-time are qualified for up to two years of deferment.
  • Graduated repayment: Yes, upon graduation, borrowers may be entitled to the finished repayment choice, which calls for month-to-month re re payment amounts that start with a sum that is not as much as a fully-amortizing payment amount that step-up as time passes so that the loan will soon be fully compensated in the loan term that is original.
  • Military deferment: Yes, active-duty solution users can defer re re payments for the cumulative three years.
  • Reduced payments for medical and dental residents: Bachelor’s level holders can defer re payments if accepted as a residency or internship system for approximately two years.
  • Forbearance: Postpone loan payments as much as four consecutive periods enduring anywhere in one to three months. Borrowers have 24-month restriction on forbearance. Forbearance will perhaps not expand the loan’s repayment term, and interest shall continue steadily to accrue regarding the loan.
  • Co-signer launch available: Yes, for the loan option that is co-signed.
  • Death or impairment discharge: Yes, the mortgage is forgiven in the event that learning pupil dies or becomes completely and permanently disabled. The mortgage is certainly not forgiven where the non-student debtor, including any co-signer, dies or becomes completely or forever disabled.

Repayment choices

  • Allows payments that are greater-than-minimum autopay: Yes.
  • Allows biweekly repayments via autopay: Yes.
  • Loan servicer: Publish Servicing LLC.
  • In-house consumer service team: Yes.
  • Process for escalating issues: Yes.
  • Borrowers have assigned a specialized banker, advisor or agent: No.
  • Typical time for approval: changes with every debtor.
  • Cash-back reward: Borrowers meet the criteria for the 1% cash-back graduation reward upon satisfaction of specific terms and conditions.
  • On the web economic literacy program: If you’re authorized for a financial loan, you’ll need certainly to just simply take a quick program before getting money.
  • Refer A friend system: Borrowers can earn as much as $525 for every buddy they relate to Ascent. The buddy will make $100 off their loan if certified and disbursed cash call. Get fully up to $600 per year by referring buddies to Ascent. For virtually any buddy you refer whom is applicable for the loan and it is authorized, you’ll get a $100 present card.
  • $50,000 Scholarship Giveaway: Ascent provides away over $60,000 in scholarships yearly. Find out more through its Instagram @ascentstudentloans.

Just how to submit an application for A ascent student loan

Before you take away a student that is ascent or just about any other personal education loan, exhaust your federal education loan options first. Submit the complimentary Application for Federal scholar help, referred to as FAFSA, to use.

Compare your personal education loan choices to make certain you’re having the rate that is best you be eligible for. Along with rates of interest, glance at lenders’ payment alternatives and also the freedom they provide to borrowers who find it difficult to make re payments.


NerdWallet thinks the most useful education loan is one you are able to repay during the cheapest rate of interest you could get. That’s why student that is nerdWallet’s ratings reward loan providers that provide many different loan terms, restrict their penalties and fees, and expand borrowers numerous choices to avoid standard. Points will also be awarded for soft credit checks, underwriting transparency as well as other consumer-friendly features. Make use of these ranks as helpful information, but we encourage one to look around for the interest rate that is lowest you are able to be eligible for a. NerdWallet will not get settlement because of its reviews. Read our guidelines that are editorial.

— Among the list of absolute best for consumer-friendly features

— Excellent; provides many consumer-friendly features

— Very good; provides numerous features that are consumer-friendly

— Good; may not provide one thing essential for your requirements

— Fair; missing crucial features that are consumer-friendly

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