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Anna Helhoski is a senior writer covering economic news and trends in consumer finance at NerdWallet. She is an on-air contributor and producer of Money News segments for NerdWallet's Smart Money podcast. She is also an authority on student loans. She joined NerdWallet in 2014. Her work has been syndicated in news outlets nationwide including The Associated Press, The New York Times, The Washington Post, The Los Angeles Times and USA Today. She previously covered local news in the New York metro area for the Daily Voice and New York state politics for The Legislative Gazette. She holds a bachelor's degree in journalism from Purchase College, State University of New York.
Des Toups was a lead assigning editor who supported the student loans and auto loans teams. He had decades of experience in personal finance journalism, exploring everything from car insurance to bankruptcy to couponing to side hustles.
Colin Beresford is a former NerdWallet student loans writer. He previously was an automotive business writer for Car and Driver magazine and is a graduate of the University of Michigan.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.84% - 17.99%College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 2/2/2026. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.89% - 17.49%Lowest rates shown include the auto debit discount. Advertised APRs for undergraduate students assume a $10,000 loan to a student who attends school for 4 years and has no prior Sallie Mae-serviced loans. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment. Advertised APRs are valid as of 1/26/2026. Loan amounts: For applications submitted directly to Sallie Mae, loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Applications submitted to Sallie Mae through a partner website will be subject to a lower maximum loan request amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year in-school period, it works out to a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67 and one payment of $121.71, for a Total Loan Cost of $23,134.44. For a borrower with $20,000 in prior loans and a 2-year in-school period, it works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53 and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
13.01% - 15.19%*Ascent's undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, terms and conditions may apply for Ascent's Terms and Conditions please visit AscentFunding.com/Ts&Cs.
Annual Percentage Rates (APRs) displayed are effective as of 02/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of 0.25% on credit-based college student loans submitted prior to 6/1/2025, a 0.5% discount for on credit-based college student loans submitted on or after 6/1/2025 and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. Loans subject to individual approval, restrictions, and conditions apply. Loan features and information advertised are intended for college student loans and are subject to change at any time.
The final amount approved depends on the borrower's credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest interest rates require full principal and interest (Immediate) payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the examples above, based on the amount of time you spend in school and any grace period you have before repayment begins. Variable rates may increase after consummation. 1% Cash Back Graduation Reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 5.72% APR, with 57 payments of $47.67 while in-school/grace, 60 payments of $192.05 during the repayment term, and a total cost of $14,240.85.
* $25 Minimum Payment: 6.37% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $231.43 during the repayment term, and a total cost of $15,310.76.
* Deferred Repayment: 6.56% APR, with no payment while in-school/grace, 60 payments of $267.41 during the repayment term, and a total cost of $16,011.15.
* Immediate Repayment: 3.72% APR, with 60 payments of $182.91, and a total cost of $10,974.67.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 15.13% APR, with 57 payments of $126 while in-school/grace, 180 payments of $140.82 during the repayment term, and a total cost of $32,529.44.
* $25 Minimum Payment: 13.74% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $225.28 during the repayment term, and a total cost of $41,977.90.
* Deferred Repayment: 13.98% APR, with no payment while in-school/grace, 180 payments of $259.92 during the repayment term, and a total cost of $44,784.82.
* Immediate Repayment: 14.88% APR, with 180 payments of $139.12, and a total cost of $25,043.28.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
13.01% - 15.19%*Ascent's undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, terms and conditions may apply for Ascent's Terms and Conditions please visit AscentFunding.com/Ts&Cs.
Annual Percentage Rates (APRs) displayed are effective as of 02/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of 0.25% on credit-based college student loans submitted prior to 6/1/2025, a 0.5% discount for on credit-based college student loans submitted on or after 6/1/2025 and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. Loans subject to individual approval, restrictions, and conditions apply. Loan features and information advertised are intended for college student loans and are subject to change at any time.
The final amount approved depends on the borrower's credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest interest rates require full principal and interest (Immediate) payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the examples above, based on the amount of time you spend in school and any grace period you have before repayment begins. Variable rates may increase after consummation. 1% Cash Back Graduation Reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 5.72% APR, with 57 payments of $47.67 while in-school/grace, 60 payments of $192.05 during the repayment term, and a total cost of $14,240.85.
* $25 Minimum Payment: 6.37% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $231.43 during the repayment term, and a total cost of $15,310.76.
* Deferred Repayment: 6.56% APR, with no payment while in-school/grace, 60 payments of $267.41 during the repayment term, and a total cost of $16,011.15.
* Immediate Repayment: 3.72% APR, with 60 payments of $182.91, and a total cost of $10,974.67.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 15.13% APR, with 57 payments of $126 while in-school/grace, 180 payments of $140.82 during the repayment term, and a total cost of $32,529.44.
* $25 Minimum Payment: 13.74% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $225.28 during the repayment term, and a total cost of $41,977.90.
* Deferred Repayment: 13.98% APR, with no payment while in-school/grace, 180 payments of $259.92 during the repayment term, and a total cost of $44,784.82.
* Immediate Repayment: 14.88% APR, with 180 payments of $139.12, and a total cost of $25,043.28.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
4.2% - 9.99%Actual rate will vary based on your financial profile. Fixed annual percentage rates (APR) range from 4.45% APR to 10.24% APR (4.20% – 9.99% with .25% auto pay discount). Variable annual percentage rates (APR) range from 6.13% APR to 10.24% APR (5.88% – 9.99% with .25% auto pay discount). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once a month, but there is no limit on the amount that the rate could increase at one time. Please note, we are not able to offer variable rate loans in AK, IL, MN, MS, NH, OH, TN, and TX. Our lowest rates are only available for our most credit qualified borrowers and require selection of our shortest term offered and enrollment in our .25% auto pay discount from a checking or savings account. Enrolling in autopay is not required as a condition for approval.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
6.99% - 13.99%College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 10/08/2024. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.84% - 17.99%College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 2/2/2026. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.89% - 17.49%Lowest rates shown include the auto debit discount. Advertised APRs for undergraduate students assume a $10,000 loan to a student who attends school for 4 years and has no prior Sallie Mae-serviced loans. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment. Advertised APRs are valid as of 1/26/2026. Loan amounts: For applications submitted directly to Sallie Mae, loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Applications submitted to Sallie Mae through a partner website will be subject to a lower maximum loan request amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year in-school period, it works out to a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67 and one payment of $121.71, for a Total Loan Cost of $23,134.44. For a borrower with $20,000 in prior loans and a 2-year in-school period, it works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53 and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.84% - 15.99%College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 2/2/2026. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.89% - 14.99%Lowest rates shown include the auto debit discount. Advertised APRs for Graduate School Loan, MBA Loans, and Graduate School Loan for Health Professions assume a $10,000 loan with a 2-year in-school period. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighthof one percent. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment. Advertised APRs are valid as of 1/26/2026.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
3.49% - 15.46%*Ascent's undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, terms and conditions may apply for Ascent's Terms and Conditions please visit AscentFunding.com/Ts&Cs.
Annual Percentage Rates (APRs) displayed are effective as of 02/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of 0.25% on credit-based college student loans submitted prior to 6/1/2025, a 0.5% discount for on credit-based college student loans submitted on or after 6/1/2025 and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. Loans subject to individual approval, restrictions, and conditions apply. Loan features and information advertised are intended for college student loans and are subject to change at any time.
The final amount approved depends on the borrower's credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest interest rates require full principal and interest (Immediate) payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the examples above, based on the amount of time you spend in school and any grace period you have before repayment begins. Variable rates may increase after consummation. 1% Cash Back Graduation Reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 5.72% APR, with 57 payments of $47.67 while in-school/grace, 60 payments of $192.05 during the repayment term, and a total cost of $14,240.85.
* $25 Minimum Payment: 6.37% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $231.43 during the repayment term, and a total cost of $15,310.76.
* Deferred Repayment: 6.56% APR, with no payment while in-school/grace, 60 payments of $267.41 during the repayment term, and a total cost of $16,011.15.
* Immediate Repayment: 3.72% APR, with 60 payments of $182.91, and a total cost of $10,974.67.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 15.13% APR, with 57 payments of $126 while in-school/grace, 180 payments of $140.82 during the repayment term, and a total cost of $32,529.44.
* $25 Minimum Payment: 13.74% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $225.28 during the repayment term, and a total cost of $41,977.90.
* Deferred Repayment: 13.98% APR, with no payment while in-school/grace, 180 payments of $259.92 during the repayment term, and a total cost of $44,784.82.
* Immediate Repayment: 14.88% APR, with 180 payments of $139.12, and a total cost of $25,043.28.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
2.84% - 17.99%College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 2/2/2026. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.0
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NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Fixed APR
5.15% - 15.41%*Ascent's undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, terms and conditions may apply for Ascent's Terms and Conditions please visit AscentFunding.com/Ts&Cs.
Annual Percentage Rates (APRs) displayed are effective as of 02/01/2026 and reflect an Automatic Payment Discount (ACH). The ACH discount consists of 0.25% on credit-based college student loans submitted prior to 6/1/2025, a 0.5% discount for on credit-based college student loans submitted on or after 6/1/2025 and a 1.00% discount on outcomes-based loans when you enroll in automatic payments. Loans subject to individual approval, restrictions, and conditions apply. Loan features and information advertised are intended for college student loans and are subject to change at any time.
The final amount approved depends on the borrower's credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest interest rates require full principal and interest (Immediate) payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the examples above, based on the amount of time you spend in school and any grace period you have before repayment begins. Variable rates may increase after consummation. 1% Cash Back Graduation Reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 60-months (variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 5.72% APR, with 57 payments of $47.67 while in-school/grace, 60 payments of $192.05 during the repayment term, and a total cost of $14,240.85.
* $25 Minimum Payment: 6.37% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $231.43 during the repayment term, and a total cost of $15,310.76.
* Deferred Repayment: 6.56% APR, with no payment while in-school/grace, 60 payments of $267.41 during the repayment term, and a total cost of $16,011.15.
* Immediate Repayment: 3.72% APR, with 60 payments of $182.91, and a total cost of $10,974.67.
The following examples for a $10,000 loan show a 48-month in-school period plus 9 months of grace prior to a full repayment term for 180-months (highest variable rate), with examples of (i) Interest Only payments, (ii) $25 Minimum payments, (iii) Deferred repayment, and (iv) Immediate Repayment options.
* Interest Only Repayment: 15.13% APR, with 57 payments of $126 while in-school/grace, 180 payments of $140.82 during the repayment term, and a total cost of $32,529.44.
* $25 Minimum Payment: 13.74% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $225.28 during the repayment term, and a total cost of $41,977.90.
* Deferred Repayment: 13.98% APR, with no payment while in-school/grace, 180 payments of $259.92 during the repayment term, and a total cost of $44,784.82.
* Immediate Repayment: 14.88% APR, with 180 payments of $139.12, and a total cost of $25,043.28.
Several state programs offer free tuition for two-year and four-year programs. But free tuition doesn’t equal free college.
Students who attend tuition-free schools often still need to cover costs such as fees, room and board and transportation. You can pay using a combination of savings, grants, scholarships and work-study. If needed, student loans can be used for these and other living expenses as well.
» MORE: What free college might actually look like
If you plan to take out loans, max out federal loans by filling out the Free Application for Federal Student Aid, or FAFSA, before turning to private student loans, since the latter come with higher interest rates and don’t offer certain protections or loan forgiveness opportunities. Always shop around to compare offers before taking out a private student loan.
» MORE: Is community college free?
Here’s a roundup of states with free college programs. These are sponsored by the state and are all tuition-free. Many are "last-dollar" scholarship programs, which means the money covers remaining tuition only after federal and state grant money is applied.
Although this list contains many of the free tuition programs offered across the United States, programs are being added, amended, and ended on a continuous basis. To verify whether or not a program is available to you, search for “promise” or “free tuition programs” in your area, or ask a financial aid officer at a local college.
What it is: The program covers tuition for students attending an undergraduate-degree-granting school in the State University of New York system or the City University of New York system. It is available to families and individuals making up to $125,000.
Who qualifies: Freshmen enrolled full time in two-year or four-year programs at SUNY and CUNY schools. The initiative began in fall 2017.
Caveats:
• Program does not cover room and board; typical room and board at a SUNY campus is $12,810 (2017-2018)
• Fees, which vary by institution, are not covered
• Must take the 30 credits annually needed to graduate on time, including summer sessions, but the program can accommodate for hardship
• Individual colleges will determine GPA requirements for eligibility
• Must use need-based federal Pell Grant aid or a New York Tuition Assistance grant first, if qualified
• Students required to live and work in New York state for the same number of years after graduation as they received the scholarship while in school
• If a student doesn’t remain in New York to live and work after graduation, the scholarship converts to a loan to be repaid to the state
What it is: Provides Indiana students with up to four years of undergraduate tuition at any participating public college or university in Indiana or partial tuition at a private college.
Who qualifies: Indiana students who complete all Scholar Success program requirements and are accepted for admission at an eligible Indiana college. Students must submit a FAFSA to be eligible.
Caveats:
• High school students must earn at least 2.5 GPA
• High school students must complete a Scholar Success Program, fulfilling requirements at each grade level
• Must graduate with a Core 40 diploma
• Must complete at least 30 credit hours each year in college
What it is: A need-based scholarship that covers tuition, some fees and a small book allowance for four years of college. Students must apply early — by June 30 of the student’s 8th grade year.
Who qualifies: Eligibility is twofold: Students in 7th or 8th grade whose family meets the income requirements must first apply, then, in their senior year of high school, meet College Bound Pledge requirements and submit the FAFSA or Washington Application for State Financial Aid (WASFA) and meet income requirements.
Caveats:
• Students must graduate from a Washington State high school. GED recipients are not eligible.
• Students must have a 2.0 cumulative GPA at the end of high school and maintain satisfactory academic progress once enrolled in college.
• Meet need-based requirements.
• Must complete your degree within five years of graduating high school.
• Part-time students will receive reduced funds.
What it is: A program providing free community college for one year to all California residents. It’s a first-dollar program, unlike all other state free tuition programs, which means it covers tuition before any other financial aid is awarded. Gov. Jerry Brown signed the bill into law on October 13, 2017.
Who qualifies: California residents who are first-time college students. Students must submit the FAFSA or a California Dream Act application to qualify.
Caveats:
• Students must be enrolled full time, meaning 12 or more semester units or the equivalent.
• The program is available for only one academic year.
Who qualifies: High school graduates in Delaware. Undocumented students may apply. Students must be accepted at one of two participating schools. Students must submit a FAFSA to be eligible. Students with the most financial need are given priority.
Caveats:
• The scholarship is only available the fall after a student graduates from high school.
• Must be enrolled full-time.
• Must apply no later than April 1 of senior year of high school.
• Must apply each year no later than April 1 for the following year.
• Cannot receive the scholarship more than six continuous semesters.
• Must maintain at least a 2.5 GPA.
What it is: A last-dollar need-based scholarship to attend University of Hawaii Community Colleges. It launched in fall 2017.
Who qualifies: Hawaii state residents or those who qualify for residency-exempt status that pay in-state tuition. Students must complete a FAFSA to apply.
Caveats:
• Must remain enrolled in at least six credits per semester within the UH system.
• Cannot possess a bachelor’s degree.
• Must meet Hawaii Community College Satisfactory Academic Progress policy.
• Must accept all federal and state grants, scholarships and any other funding sources first.
• Must be degree-seeking in a financial-aid-eligible program.
What it is: A last-dollar community college grant program available to students who plan to enroll in courses leading to a vocational certificate, certificate or an associate degree; a registered apprenticeship program; or in courses that lead to a license or certification.
Who qualifies: Graduates of a Maryland high school or GED recipient who is planning to enroll as a student at a Maryland community college in a qualifying program. Students must submit a FAFSA or Maryland State Financial Aid Application (MSFAA).
Caveats:
• Must meet income requirements as reported on their FAFSA or MSFAA.
• Must be eligible for in-state tuition.
• Cumulative GPA of at least 2.5 from a community college (for those who previously attended) or 2.3 at the end of their senior year in high school.
• Must not have earned a bachelor’s or associate degree.
• Must not have been awarded other educational grants or scholarships that cover the cost of attendance.
• Must plan to enroll or be currently enrolled at a Maryland community college with the intention of earning a credit-bearing vocational certificate; a credit-bearing certificate; an associate degree program; a sequence of credit or non-credit courses that leads to licensure or certification; or a registered apprenticeship program.
What it is: A scholarship that covers the cost of attending an in-district community college. It is intended for adults who haven’t received any sort of post-secondary education.
Who qualifies: Michigan residents who are at least 25 years old, have lived in the state for over a year, have a high school degree or its equivalent, and have not yet completed a bachelor’s or associate degree are eligible. You must submit the FAFSA to qualify.
Caveats:
• If you attend an out of district community college, the full cost of tuition is not covered.
• Any degree or skill certificate received must be eligible to be covered by the Pell Grant.
• Must be enrolled in at least six credits in at least two semesters in your program during a 12 month period.
• Maintain a GPA of 2.0 by the end of each 12 month period.
• Must participate in academic coaching if it’s offered by the college.
What it is: A renewable scholarship program that provides funds to graduates of eligible Missouri high schools who attend a participating public community college or vocational school in the state.
Who qualifies: Missouri high school students who attend a designated A+ high school for three years prior to graduation and meet all GPA, attendance, volunteer, academic and citizenship requirements. Students must submit the FAFSA to be eligible.
Caveats:
• Must enroll and attend full time at a participating public community college or vocational/technical school.
• Cannot pursue a degree in theology or divinity.
• Must qualify for federal student aid.
• To renew, students must maintain a 2.5 GPA, submit a FAFSA and be enrolled full time.
What it is: A last-dollar community college grant program for Montana residents enrolled in two-year colleges. The program was signed into law in April 2017.
Who qualifies: Students in a community or tribal college in Montana or at a two-year school in the Montana university system. Students must submit a FAFSA and have accepted all federal and state aid grants available.
Caveats:
• Must be enrolled at least half time.
• Must not have earned an associate degree or completed more than 60 credit hours at any postsecondary institution.
• Must demonstrate a GPA of at least 2.5.
• Must be a resident of Montana for at least 12 months before applying.
• Must be a high school graduate or hold a high school equivalency certificate.
What it is: A last-dollar scholarship that enables Nevada residents to attend any of the state’s four community colleges: College of Southern Nevada, Great Basin College, Truckee Meadows Community College or Western Nevada College. It was established by the Nevada Legislature in 2017. The scholarship was funded only for the high school graduating class of 2018, but the scholarships may receive additional funding by the 2019 Nevada Legislature for another year.
Who qualifies: Nevada residents under the age of 20 with a high school diploma from a public or private high school located in Nevada or in a county of another state that borders Nevada and accepts Nevada residents, or a high school equivalency. For eligibility, students must complete the Nevada Promise Scholarship application, apply for admission at one of the participating community colleges, file a FAFSA, and complete community service and mentoring requirements.
Caveats:
• Must participate in two mandatory informational trainings.
• Must provide proof of 20 hours of community service.
• Must complete at least one mentoring opportunity before applying for the scholarship.
• Cannot hold a prior associate or bachelor’s degree.
• Cannot be in default on any federal student loan or owe a refund to any federal student aid program.
What it is: This grant is a “last dollar” program covering any remaining tuition and fees at any in-district community college in New Jersey. The grant first became available for the 2021-22 academic year.
Who qualifies: In order to qualify for this grant, you must not have completed a college degree, have submitted the FAFSA, and your household income cannot be over $65,000.
Caveats:
• Must enroll in at least six credits per semester.
• Must make Satisfactory Academic Progress.
• Only completely covers the tuition for attending an in-district community college.
What it is: This scholarship is a “first dollar” scholarship, meaning any federal aid you receive can be added to free tuition and fees to cover any living expenses, books, or other costs. Students in New Mexico attaining any degree, including training certificates, associate degrees, or bachelor's degrees are eligible.
Who qualifies: New Mexico residents who are at least 18 years old or eligible to receive the New Mexico Lottery Scholarship can receive the Opportunity Scholarship.
Caveats:
• Must enroll full-time, meaning 6 credits or more each semester.
• Must maintain a 2.5 GPA or higher.
What it is: Oklahoma residents will receive tuition at an Oklahoma public two-year college or four-year university. It would also cover a portion of tuition at an Oklahoma accredited private college or university, or public technology centers that are eligible for financial aid. It was created in 1992.
Who qualifies: Students must be Oklahoma residents enrolled in the eighth, ninth or 10th grade in an Oklahoma high school, whose families earn $60,000 or less per year.
Caveats:
• Applications must be completed during the school year in the student’s eighth, ninth or 10th grade academic year.
• Must complete required courses in high school.
• Parents’ AGI must not exceed $100,000 before receiving any funds.
• Students must meet regular admission standards for first-time entering students and be enrolled in an eligible postsecondary school to receive funds.
• The student has three years from the time of high school graduation to start taking postsecondary courses and cannot receive the award after five years from first enrolling in an eligible postsecondary school.
• Award money cannot be used for courses after completing a bachelor’s degree.
• Students must meet eligibility requirements to receive federal financial aid based on the school's Satisfactory Academic Progress policy.
• Any student suspended for college for more than one semester for conduct reasons will lose the scholarship permanently.
What it is: A state grant that launched in fall 2016 to cover most tuition costs at any Oregon community college.
Who qualifies: Recent Oregon high school graduates or GED recipients. High school graduates must have a 2.5 GPA or higher. Must be a resident of Oregon for at least 12 months prior to attendance.
Caveats:
• Recipients must maintain at least half-time continuous enrollment during fall, winter and spring terms.
• Covers up to 12 credits per term and a maximum of 90 credits attempted.
• Must accept all state and federal grant aid offered through a community college’s financial aid office.
• Students must complete a First-Year Experience program at the community college, which will vary by school.
What it is: New Rhode Island high school graduates and GED recipients are eligible for two years of free tuition and payment of mandatory fees at the state’s Community College of Rhode Island.
It will cover last dollars from tuition and fee costs not covered by the Pell Grant and other aid. The FAFSA form and an Attestation of Understanding Form are all that’s required to receive the funds, which are distributed to the school and applied directly to the student’s bill.
Who qualifies: Rhode Island residents who graduated from high school in or after 2017, or GED recipients who were younger than 19 years old when high school or the GED was completed, in or after 2017.
Caveats:
• Must maintain full-time enrollment every fall and spring semester for two years.
• Must maintain at least a 2.5 GPA.
• Must earn 30 credits every year.
• Recipients are asked to live, work or continue education in Rhode Island post-graduation, but there is no penalty to students who do not comply.
What it is: It became available in the 2015-2016 academic year and is for students who attend an eligible community or technical two-year college. It will cover last dollars from tuition and fee costs not covered by the Pell Grant, the HOPE scholarship, Wilder-Naifeh grant or Tennessee Student Assistance Award funds. Tennessee Promise can be used at any of the state’s 13 community colleges, 27 colleges of applied technology or eligible public and private universities with two-year programs.
Who qualifies: Tennessee residents who graduate from an eligible Tennessee high school or home-school program or who obtain an equivalency diploma before the age of 19.
Caveats:
• Attending mentoring meetings is mandatory to remain eligible for the program.
• Eight hours of community service per term enrolled are required.
• Must maintain at least a 2.0 GPA.
• Must be enrolled full time in the fall term following high school graduation.
What it is: It provides the same last-dollar benefits as Tennessee Promise, but for adults over age 24.
Who qualifies: Tennessee adults ages 24 and older
Caveats:
• Students must complete the FAFSA and obtain status as an independent student.
• Cannot hold a prior associate or bachelor’s degree.
• Establish Tennessee residency at least one year before applying.
• Be admitted to an eligible institution and be enrolled at least part time.
• Participation in an advising program is required.
• Must maintain continuous enrollment and a 2.0 GPA.
What it is: Pays the full cost of two years of tuition and fees for community and technical college for students in Arkansas who enroll in a high-demand field of study. It began with the 2017-18 academic year.
Who qualifies: Arkansas high school graduates with established residency. There is no minimum GPA requirement and recipients can enroll part time or full time at any in-state community college. Students must submit a FAFSA and apply for a federal Pell Grant, but the grant can be used along with state aid.
Caveats:
• Available on a first-come, first-served basis.
• Students must enroll in high-demand field of study or STEM field.
• Required to meet monthly with a program mentor.
• Must complete eight hours of community service per semester.
• Following graduation, must work full time in Arkansas for a minimum of three years; otherwise, the grant will be converted to a loan for repayment to the state.
What it is: The program provides free tuition to students in Kentucky who pursue a two-year degree in an in-demand workforce sector. It was signed into law by an executive order from Kentucky Gov. Matt Bevin in December 2016. It’s a last-dollar program, up to the maximum amount, after federal and state grants and scholarships. It began with the 2017-18 school year.
Who qualifies: Kentucky residents with a high school degree or GED who have not earned an associate degree or higher. Students must be enrolled at an eligible two-year postsecondary institution in an approved program of study.
Caveats:
• Must study programs that lead to jobs that funnel into one of five industries: health care, advanced manufacturing, transportation/logistics, business services/IT and construction.
• What qualifies as in-demand workforce sectors may change over time.
• The scholarship is awarded on a first-come, first-served basis.
• Students can receive a scholarship for up to 32 credit hours of enrollment, but no more than four academic terms.
What it is: This scholarship functions as a “last dollar” program, covering the cost of tuition, fees, books, and other required materials after all other aid is applied. It can only go toward specified programs. Additionally, students who receive the scholarship must live and work in Kansas for at least two consecutive years after graduating.
Who qualifies: You need to be a Kansas resident to qualify, and either have graduated from a secondary school in the prior year, or be 21 years old or older and been a Kansas resident for the last three years. You can also qualify if you are a dependent of a military servicemember as long as you have graduated from a secondary school in the last year. You must also complete the FAFSA.
Caveats:
• Must maintain satisfactory academic progress.
• Must enroll and complete your degree or credential within 30 months of receiving the scholarship.
• Must live and work in Kansas for two consecutive years after graduating.
• Must study one of the programs eligible for the scholarship, including information technology and security, mental and physical healthcare, advanced manufacturing and building trades, and early childhood education and development.
What it is: This is a “last-dollar” tuition-assistance program that can be used for one of these designated programs: early childhood education, healthcare, information technology, public safety, and skilled trades.
Who qualifies: This program is for Virginia residents who qualify for in-state financial aid and have a family income of less than or equal to 400% of the Federal Poverty Level. Additionally, you must be enrolled in a minimum of six credits at a community college, and the program must be a designated G3 program. To qualify, you also have to have a high school diploma or its equivalent and have submitted the FAFSA.
Caveats:
• You must complete a program in one of the programs that qualify.
• You must maintain Satisfactory Academic Progress.
What it is: A scholarship program providing tuition, fees, books and other required program expenses in eligible technical institute programs for students who intend to work in a high-need field in South Dakota.
Who qualifies: In-state and out-of-state students of all ages who attend one of four technical institutes in South Dakota: Lake Area Technical Institute, Mitchell Technical Institute, Southeast Technical Institute or Western Dakota Technical Institute. Students must submit the FAFSA to be eligible. Students must demonstrate aptitude through work-based learning, career and technical education coursework, completing credit courses in their field of study or receiving an industry-recognized certification in their career area.
Caveats:
• Recipients must continue living and working in the state in their field of study for three years after graduation.
• Students must enroll as a first-time student in a high-need program. Students with previous college or technical institute attendance are accepted.
What it is: A grant program providing tuition and fees for certain, in-demand certificate and associate degree programs at a West Virginia public two- or four-year institutions. The grant will pay for any amount up to the total cost of tuition and fees not covered by other state or federal grants or scholarships.
Who qualifies: West Virginia residents who do not hold an associate degree or higher. Students must submit the FAFSA and a separate online application for the grant program to qualify. Students must plan to enroll in a qualifying program or school. To find eligible programs and schools, click “Find a Program” at the top of wvinvests.org. Priority is given to students who plan to study programs in high-demand fields, including information technology or healthcare.
Caveats:
• Must be legal residents of West Virginia for at least one year prior to applying.
• Cannot have any student loans in default.
• Must first submit the FAFSA then complete a separate online application for the grant program.
• Must pay for and pass a drug screening before receiving funds, each semester.
• Must take at least six credit hours per semester.
• Maintain at least a 2.0 GPA.
• Must complete two hours of community service each term. The service must be approved and verified by your school.
• Must remain in West Virginia for two years after leaving school or dropping below half-time enrollment. If you leave the state you must pay back the grant, along with interest and fees.
Local and city free-tuition programs
You can also look for tuition-free scholarship programs offered through high schools, colleges and universities nationwide. Typically students will have to reside in a certain location, attend a certain school or have low income. Some examples of programs include:
Bobcat Promise program at Texas State University offers free tuition and fees for qualifying Texas residents from low-income families.
City College of San Francisco’s Free City program provides tuition-free access to all California residents living in the city.
Boston Bridge, a last-dollar free-college program, is available to all Massachusetts high school graduates living in the city.
New Haven Promise, an annual award covering up to full tuition at a Connecticut public two-year or four-year college or university to students living in New Haven and attending a New Haven Public School.
University of Southern California offers tuition-free attendance to families with an annual income of $80,000 or less. USC does not count home ownership in its financial need calculation.
