Skip to contentNerdwallet icon

Compare Student Loan Rates, Lenders

Last updated on July 2026
Fact Checked
Profile photo of Karen Gaudette Brewer
Written by
Head of Content, Core Personal Finance
Profile photo of Julie Myhre-Nunes
Edited by
Managing Editor
Profile photo of Karen Gaudette Brewer
Written by
Head of Content, Core Personal Finance
+ 1 more

Private student loans can cover gaps left after federal loans in paying for your education.

Top Private Student Loan Lenders
Ad
College Ave Private Student Loan
5.0/5
NerdWallet editorial rating
College Ave Private Student Loan
Fixed APR
2.39-17.99%
Variable APR
3.89-17.99%
Min. credit score
Mid-600s
Check Rate
on College Ave's website
Sallie Mae Undergraduate Student Loan
4.5/5
NerdWallet editorial rating
Sallie Mae Undergraduate Student Loan
Fixed APR
2.39-17.49%
Variable APR
3.75-16.95%
Min. credit score
Mid-600s
Check Rate
on Sallie Mae's website
NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own. Here is a list of our partners.
Here are 4 options for you
Sallie Mae Undergraduate Student Loan
INTEREST RATE (FIXED)
2.39-17.49%1
INTEREST RATE (VARIABLE)
3.75-16.95%1
MIN. CREDIT SCORE
Mid-600s
Check Rate
on Sallie Mae's website
Rating and review
4.5
NerdWallet editorial rating
Qualifications
  • Typical credit score of approved borrowers or co-signers: Does not disclose.
  • Minimum income: Does not disclose.
  • Loan amounts: $1,000 up to 100% of school-certified costs with no aggregate loan limit.
Available Term Lengths
10 to 15 yearsPros
  • Has loans for educational needs that aren’t always covered by other lenders.
  • Offers a 0.25-percentage-point rate discount with automatic payments.
  • Provides immediate loan decisions in most cases.
  • Offers pre-qualification with a soft credit check.
  • No application, origination or prepayment fees.
Cons
  • Does not offer bi-weekly payments via autopay.
  • Immediate principal and interest payment while in school isn’t an option.
  • A six-month grace period for undergraduate loans is shorter than some other lenders.
Sallie Mae Undergraduate Student Loan
4.5
NerdWallet editorial rating
Check Rate
on Sallie Mae's website
INTEREST RATE (FIXED)
2.39-17.49%1
INTEREST RATE (VARIABLE)
3.75-16.95%1
MIN. CREDIT SCORE
Mid-600s
Qualifications
  • Typical credit score of approved borrowers or co-signers: Does not disclose.
  • Minimum income: Does not disclose.
  • Loan amounts: $1,000 up to 100% of school-certified costs with no aggregate loan limit.
Available Term Lengths
10 to 15 years
Pros
  • Has loans for educational needs that aren’t always covered by other lenders.
  • Offers a 0.25-percentage-point rate discount with automatic payments.
  • Provides immediate loan decisions in most cases.
  • Offers pre-qualification with a soft credit check.
  • No application, origination or prepayment fees.
Cons
  • Does not offer bi-weekly payments via autopay.
  • Immediate principal and interest payment while in school isn’t an option.
  • A six-month grace period for undergraduate loans is shorter than some other lenders.
College Ave Private Student Loan
INTEREST RATE (FIXED)
2.39-17.99%2
INTEREST RATE (VARIABLE)
3.89-17.99%2
MIN. CREDIT SCORE
Mid-600s
Check Rate
on College Ave's website
Rating and review
5.0
NerdWallet editorial rating
Qualifications
  • Typical credit score of approved borrowers: Upper 700s.
  • Minimum income: $35,000 for a borrower with no co-signer. No minimum for a borrower with a co-signer. No minimum for co-signers.
  • Loan amounts: $1,000 up to the cost of attendance.
Available Term Lengths
5, 10, 15 or 20 yearsPros
  • Has more repayment options than many other lenders.
  • Offers automatic bi-weekly and greater-than-minimum payments.
  • Has a 0.25-percentage-point rate discount with automatic payments.
  • Allows borrowers to pre-qualify with a soft credit check.
  • No application, origination or prepayment fees.
Cons
  • Charges a late payment fee, whereas some competitors do not.
  • Doesn’t allow co-signer release until a borrower is at least halfway through their repayment term.
College Ave Private Student Loan
5.0
NerdWallet editorial rating
Check Rate
on College Ave's website
INTEREST RATE (FIXED)
2.39-17.99%2
INTEREST RATE (VARIABLE)
3.89-17.99%2
MIN. CREDIT SCORE
Mid-600s
Qualifications
  • Typical credit score of approved borrowers: Upper 700s.
  • Minimum income: $35,000 for a borrower with no co-signer. No minimum for a borrower with a co-signer. No minimum for co-signers.
  • Loan amounts: $1,000 up to the cost of attendance.
Available Term Lengths
5, 10, 15 or 20 years
Pros
  • Has more repayment options than many other lenders.
  • Offers automatic bi-weekly and greater-than-minimum payments.
  • Has a 0.25-percentage-point rate discount with automatic payments.
  • Allows borrowers to pre-qualify with a soft credit check.
  • No application, origination or prepayment fees.
Cons
  • Charges a late payment fee, whereas some competitors do not.
  • Doesn’t allow co-signer release until a borrower is at least halfway through their repayment term.
Ascent Private Student Loan
INTEREST RATE (FIXED)
2.29-17.06%3
INTEREST RATE (VARIABLE)
3.60-16.26%3
MIN. CREDIT SCORE
Mid-600s
Check Rate
on Ascent's website
Rating and review
5.0
NerdWallet editorial rating
Qualifications
  • Typical credit score of approved borrowers or co-signers: Did not disclose for co-signed option. For non-co-signed future income-based option, Ascent emphasizes future earnings over income or credit score.
  • Minimum income: $24,000 for the co-signed and non-co-signed credit-based option. Income is not considered for the non-co-signed future income-based option.
  • Loan amounts: For co-signed option, $1,000 minimum to $200,000 over the lifetime of a borrower. The amount for each loan period cannot exceed the total cost of attendance. For non-co-signed option, $1,000 to $20,000.
  • Non-co-signed future income-based borrowers must also meet satisfactory academic performance requirements with a 2.9 GPA or higher.
Available Term Lengths
5, 7, 10, 12 or 15 years for cosigned option or 10 or 15 for non-co-signed optionPros
  • Forbearance of 24 months is longer than many lenders.
  • You can make biweekly payments via autopay.
  • For co-signed option, multiple in-school repayment options are available, including interest-only, flat-fee and deferred.
  • For non-co-signed future-income based option, no co-signer or credit history is required.
Cons
  • Non-co-signed future income-based option is available only to college juniors and seniors.
Ascent Private Student Loan
5.0
NerdWallet editorial rating
Check Rate
on Ascent's website
INTEREST RATE (FIXED)
2.29-17.06%3
INTEREST RATE (VARIABLE)
3.60-16.26%3
MIN. CREDIT SCORE
Mid-600s
Qualifications
  • Typical credit score of approved borrowers or co-signers: Did not disclose for co-signed option. For non-co-signed future income-based option, Ascent emphasizes future earnings over income or credit score.
  • Minimum income: $24,000 for the co-signed and non-co-signed credit-based option. Income is not considered for the non-co-signed future income-based option.
  • Loan amounts: For co-signed option, $1,000 minimum to $200,000 over the lifetime of a borrower. The amount for each loan period cannot exceed the total cost of attendance. For non-co-signed option, $1,000 to $20,000.
  • Non-co-signed future income-based borrowers must also meet satisfactory academic performance requirements with a 2.9 GPA or higher.
Available Term Lengths
5, 7, 10, 12 or 15 years for cosigned option or 10 or 15 for non-co-signed option
Pros
  • Forbearance of 24 months is longer than many lenders.
  • You can make biweekly payments via autopay.
  • For co-signed option, multiple in-school repayment options are available, including interest-only, flat-fee and deferred.
  • For non-co-signed future-income based option, no co-signer or credit history is required.
Cons
  • Non-co-signed future income-based option is available only to college juniors and seniors.
Ascent Undergraduate Student Loan
INTEREST RATE (FIXED)
2.29-17.06%4
INTEREST RATE (VARIABLE)
3.60-16.26%4
MIN. CREDIT SCORE
Low-Mid 600s
Check Rate
on Ascent's website
Rating and review
5.0
NerdWallet editorial rating
Qualifications
  • Typical credit score of approved borrowers or co-signers: Does not disclose.
  • Minimum income: No minimum for borrowers with a co-signer. Co-signer minimum is $30,000 annually. Borrowers without a co-signer and at least two years of credit history must earn at least $30,000 and meet debt-to-income (DTI) requirements.
  • Loan amounts: $2,001-$200,000 aggregate.
Available Term Lengths
5, 7, 10, 12, 15 or 20 yearsPros
  • Provides options for students with and without a co-signer.
  • Offers a 0.50-percentage-point rate discount with automatic payments.
  • Allows borrowers to pre-qualify with a soft credit check.
  • No application, origination, prepayment or late fees.
  • Borrowers receive access to AscentUP, a platform to help students build school and career-ready skills.
Cons
  • Loans not available to students enrolled less than half-time.
  • No co-signer release for international students.
Ascent Undergraduate Student Loan
5.0
NerdWallet editorial rating
Check Rate
on Ascent's website
INTEREST RATE (FIXED)
2.29-17.06%4
INTEREST RATE (VARIABLE)
3.60-16.26%4
MIN. CREDIT SCORE
Low-Mid 600s
Qualifications
  • Typical credit score of approved borrowers or co-signers: Does not disclose.
  • Minimum income: No minimum for borrowers with a co-signer. Co-signer minimum is $30,000 annually. Borrowers without a co-signer and at least two years of credit history must earn at least $30,000 and meet debt-to-income (DTI) requirements.
  • Loan amounts: $2,001-$200,000 aggregate.
Available Term Lengths
5, 7, 10, 12, 15 or 20 years
Pros
  • Provides options for students with and without a co-signer.
  • Offers a 0.50-percentage-point rate discount with automatic payments.
  • Allows borrowers to pre-qualify with a soft credit check.
  • No application, origination, prepayment or late fees.
  • Borrowers receive access to AscentUP, a platform to help students build school and career-ready skills.
Cons
  • Loans not available to students enrolled less than half-time.
  • No co-signer release for international students.

NerdWallet's Guide to Private Student Loans

When you apply for private loans, the lender will want to see proof you can repay it, usually in the form of a good credit score. A co-signer can help you qualify; that person will be responsible for the loan if you can’t pay it back.

Private student loans can cover any costs related to attending college and are originated from a bank, credit union or an online lender. Since private student loans come with less flexibility for borrowers, look to these loans only after exhausting all of the federal student loans available to you.

Specific types of private student loans

Student loans for bad credit or no credit

Most federal student loans don’t require a credit check, so they’re your best option. If you need more money for school, a handful of private lenders offer loans specifically for borrowers with bad credit. They’ll decide whether to lend to you based on additional factors like earning potential.

Student loans without a co-signer

Undergraduates in particular often need a co-signer to get a private loan. But if you don’t have access to one, a few lenders will assess your ability to repay according to factors beyond credit history, making it more likely you’ll qualify on your own.

Graduate student loans

Graduate student loans are offered by both the federal government and private lenders. Take advantage of the unsubsidized federal student loans offered to you before taking on any federal grad PLUS loans or private student loans.

International student loans

Students who aren’t U.S. citizens generally won’t qualify for federal student loans (unless you’re an eligible noncitizen). Several private lenders offer loans for international students, and they often require a U.S. citizen co-signer.

State and nonprofit loans

Many states offer their own loan programs, but they generally behave more like private loans than federal loans.

Credit union loans

Credit unions and community banks offer private loans, too. If you have an existing relationship with one of these institutions, you may have access to more favorable terms and discounts on your loan than larger financial institutions offer.

Income share agreements

An income share agreement, or ISA, offers funding for college that you repay based on your future salary. Consider an ISA instead of high-interest loans, such as federal PLUS loans or private student loans — especially if you plan to enter a high-paying profession. You'll likely get the most favorable repayment terms.

Medical school loans

Private student loans may offer lower interest rates than federal loans for medical students with good credit. But they don’t come with forgiveness options if you work for a nonprofit hospital after graduation, which would qualify you for federal Public Service Loan Forgiveness.

Institutional loans

This is a type of loan offered directly by a college. An institutional loan doesn't come with standard features such as interest rates, terms and repayment options, so consider all attributes of the loan before accepting it.

Bootcamp loans

If you need to borrow money for your coding bootcamp, steer toward personal loans designed for bootcamp costs and away from credit cards or high-interest personal loans. Bootcamp loans may have lower interest rates and more favorable repayment terms for students.

Bar exam loans

These loans cover expenses traditional student loans won’t — like prep classes, living expenses and exam application fees — while law students or graduates study for the bar exam. Bar loans also typically have higher interest rates than private or federal student loans do.

Private student loan interest rates

Rates shown represent the lender's advertised range as reported by the lender and reflects any autopay discounts. It's best to pre-qualify with multiple lenders to ensure you accept the best rate available to you. Lenders typically offer the lowest rates to those with the strongest financial profiles.

STUDENT LOAN RATINGS METHODOLOGY

Our student loans editorial team surveyed 20 banks, credit unions and online lenders that offer student loans and student loan refinancing. These include the top lenders by market share and online search volume, as well as some lenders that serve specialty or nontraditional markets.

We considered and scored more than 60 features and data points for each financial institution in the categories of loan flexibility, affordability, transparency, customer experience and variety of borrowers served.

The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.

Read more about our ratings methodology for student loans and our editorial guidelines.

About the author: Karen Gaudette Brewer is an editor at NerdWallet. Email: kgbrewer@nerdwallet.com
DisclaimersAnnual Percentage Rates (APR), loan term and monthly payments are estimated based on analysis of information provided by you, data provided by lenders, and publicly available information. All loan information is presented without warranty, and the estimated APR and other terms are not binding in any way. Lenders provide loans with a range of APRs depending on borrowers' credit and other factors. Keep in mind that only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend on factors like credit score, requested loan amount, loan term, and credit history. All loans are subject to credit review and approval.
1 Sallie Mae Undergraduate Student Loan
1. 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 7/02/2026. 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.
2 College Ave Private Student Loan
College Ave's student loan products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or BTG Pactual Bank, N.A., 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 7/01/2026. 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.
3 Ascent Private Student Loan
*Ascent Funding, LLC products are made available through Bank of Lake Mills or DR Bank, each Member FDIC. Subject to credit approval. 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 above are effective as of 7/15/2026 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. For more information, see repayment examples or review the Ascent Student Loans Terms and Conditions. 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. *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 07/15/2026 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: 5.85% APR, with 57 payments of $48.75 while in-school/grace, 60 payments of $192.65 during the repayment term, and a total cost of $14,338.61. $25 Minimum Payment: 6.48% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $233.37 during the repayment term, and a total cost of $15,427.06. Deferred Repayment: 6.67% APR, with no payment while in-school/grace, 60 payments of $269.21 during the repayment term, and a total cost of $16,137.16. Immediate Repayment: 3.60% APR, with 60 payments of $182.37, and a total cost of $10,942.30. 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: 16.26% APR, with 57 payments of $135.42 while in-school/grace, 180 payments of $148.66 during the repayment term, and a total cost of $34,476.99. $25 Minimum Payment: 15.03% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $256.16 during the repayment term, and a total cost of $47,530.48. Deferred Repayment: 15.23% APR, with no payment while in-school/grace, 180 payments of $290.4 during the repayment term, and a total cost of $51,470.36. Immediate Repayment: 16.01% APR, with 180 payments of $146.93, and a total cost of $26,445.92.
4 Ascent Undergraduate Student Loan
*Ascent Funding, LLC products are made available through Bank of Lake Mills or DR Bank, each Member FDIC. Subject to credit approval. 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 above are effective as of 7/15/2026 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. For more information, see repayment examples or review the Ascent Student Loans Terms and Conditions. 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. *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 07/15/2026 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: 5.85% APR, with 57 payments of $48.75 while in-school/grace, 60 payments of $192.65 during the repayment term, and a total cost of $14,338.61. $25 Minimum Payment: 6.48% APR, with 57 payments of $25.00 while in-school/grace, 60 payments of $233.37 during the repayment term, and a total cost of $15,427.06. Deferred Repayment: 6.67% APR, with no payment while in-school/grace, 60 payments of $269.21 during the repayment term, and a total cost of $16,137.16. Immediate Repayment: 3.60% APR, with 60 payments of $182.37, and a total cost of $10,942.30. 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: 16.26% APR, with 57 payments of $135.42 while in-school/grace, 180 payments of $148.66 during the repayment term, and a total cost of $34,476.99. $25 Minimum Payment: 15.03% APR, with 57 payments of $25.00 while in-school/grace, 180 payments of $256.16 during the repayment term, and a total cost of $47,530.48. Deferred Repayment: 15.23% APR, with no payment while in-school/grace, 180 payments of $290.4 during the repayment term, and a total cost of $51,470.36. Immediate Repayment: 16.01% APR, with 180 payments of $146.93, and a total cost of $26,445.92.