Ascent Cosigned Credit-Based Undergraduate Student Loan Review

You’ll notice we rate Ascent highly compared to other lenders, and there’s good reason for that. They offer three different lending products that are each flexible when it comes to repayment and less stringent when it comes to qualifying. The Cosigned Credit Based student loan is available to students with a 0 score or no credit history with a creditworthy cosigner.

Here are some of the benefits of Ascent's student loans: They offer a graduated repayment plan, and you can borrow up to the full cost of attendance at your school, with a $200,000 aggregate loan limit. Like other student loan lenders we review, they don’t charge application, origination or guarantee fees, and they offer fixed and variable interest rates. If you choose to repay your loan early, they won’t charge you prepayment penalties. And when it comes to rewards, borrowers enjoy an auto-debit discount, graduation reward and current customer discount.

Ascent also offers a Progressive Repayment Option, where students in repayment may be eligible to reduce their current Ascent Student Loan monthly payment which would gradually increase over time to pay the loan in full within the original loan term. Students may be a U.S. citizen, U.S. permanent resident, DACA recipient or U.S. temporary resident enrolled at least half-time at an eligible institution, and the cosigner must be a U.S. citizen or permanent resident.