Quick Take
Paying for higher education offers a few choices. They range from Federal to Private loans, each of which has its advantages and disadvantages. Ascent offers unique features, including Future Income-Based loans and 1% cashback reward after graduation, that make it an interesting pick.
Key features
- Unlike typical financial institutions like banks or credit unions, Ascent offers loans with and without a cosigner for those who qualify with more opportunities.
- They also have an award-winning Non-Cosigned Future Income-Based Loan to help a student qualify without a cosigner.
- There’re also no early payoff penalties.
- Another big win for Ascent is there 1% cashback reward upon your graduation and their automatic payment discount.
Is Ascent best for you?
While these offers are great, it’s essential that, with every lender, especially this Ascent review, that you look at the finer details. Some loans require a particular credit score or minimum income for wither you or your cosigner. They also base the amount you can apply for any financial aid you may receive and the total cost of attendance for the full academic year. They also offer a variable or fixed interest rate. It is unclear if you can choose which one, so its best to do some homework when you apply for a loan anywhere. Ascent is, however, committed to helping you on your financial journey. With resources like finding a cosigner, finding a mentor, to even securing a job after college, Ascent believes in the student’s success. Ascent is ultimately a lender and will help you pay for college. While some of the others will match you with lenders, Ascent promises to take you beyond the student loan with easy repayment options to make the stress of paying for school more manageable.