Fund Your Future

To see repayment examples available for a specific program, please reference the above loan calculator.

You have several options, including automated payments! After you apply for a loan, we’ll help you set up your repayment account. You’ll make your first payment about one month after your program starts (interest-only repayment, immediate repayment or minimum repayment) or three months after your program ends (deferred repayment).

You’ll make monthly payments until your loan is fully repaid, and we’re happy to say there’s no prepayment penalty or fee for early payments on Ascent loans. You can choose to pay the minimum monthly payment, or you can make larger payments. You have the flexibility to pay off your loan anytime before your loan term ends.

Ascent offers several repayment options. Every repayment plan is not available at every school or for every program. After selecting your program, please review your repayment plan options using the monthly payment calculator tool.

• Deferred Repayment Loans allow you to make no payments while you’re in school & for three months after. You’ll start making full payments about three months after your program ends.
• Interest-Only Repayment Loans allow you to hold on to more of your savings during your training. You’ll start making low, interest-only payments about one month after your program starts and continue those payments for three months after the program ends. After this interest-only period, you’ll start making full payments (interest + principal).
• Immediate Repayment Loans allow you to quickly get started on repayment. You’ll start making full payments about one month after your program starts.
• Minimum Repayment Loans allow you to make minimum payments while you’re in school & for three months after. You’ll start making full payments about three months after your program ends.

Aspire and Launch are the loan servicers for Ascent’s loans. This means Aspire or Launch will collect your monthly payments during the repayment phase of your loan. All loans applied for on or before June 9th, 2019 will be serviced by Aspire. All loans applied for on or after June 10th, 2019 will be serviced by Launch.

Need to pay your loan? Have a question about repayment on an existing loan?

If you applied for your loan on or before June 9th, 2019, visit Aspire online or call 1-800-243-7552.
If you applied for your loan on or after June 10th, 2019, visit AscentFunding.LaunchServicing.com or call 877-209-5297.

Interest-Only Repayment, Immediate Repayment, Minimum Repayment, and Deferred Repayment Loans: Once you’ve begun full repayment (after the grace, interest only and/or minimum repayment period), your loan term will be 3 years (36 months) or 5 years (60 months). See example

While it is our hope that every student graduates and finds an awesome job in their chosen field, we understand that other circumstances may intervene.

If you are owed a refund by your school, Ascent will follow your school’s refund policies. Please refer to your school’s refund policies and student agreements. If your school offers an employment guarantee refund, the terms and requirements set therein, as well as the decision to extend a refund in such a scenario, is solely at the discretion of your school. Please contact your school for any questions regarding an employment guarantee refund or a standard refund.

Regarding your borrowed funds:

• You are responsible for repaying the full amount you borrow, plus accrued interest and fees.
• If you are owed a tuition refund by your school, the refund transaction will be made to Ascent in the amount of the refund due (but in no event greater than what we paid to the school on your behalf). If there is a balance on your loan after any applied refund, you will be required to immediately start making monthly payments for the balance.