Aarohan Student Loan
*Ascent’s undergraduate and graduate student loans are funded by The Bank of Lake Mills or DR Bank, each Member FDIC. Loan products may not be available in some jurisdictions. Certain restrictions, limitations, terms and conditions may apply, please visit AscentFunding.com/Ts&Cs for Ascent’s Terms and Conditions.
Annual Percentage Rates (APR) displayed are effective through 4/1/2026 and reflect the Automated Payments discount (ACH). ACH discounts include a 0.25% discount on credit-based college student loans deposited before 6/1/2025, a 0.5% discount on credit-based college student loans deposited on or after 6/1/2025, and a 1.00% discount on outcomes-based loans when enrolling in automatic payments. Loans subject to individual approval, restrictions and conditions apply. Advertised loan features and information are 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 certified by an eligible school and is subject to verification of credit approval and application information. The lowest interest rates require full principal and interest (immediate) repayment, shortest loan term, require a co-signer, and are only available to our most creditworthy applicants and co-signers with the highest average credit scores. Depending on the time you spent in school and any grace period you have before repayment begins, the actual APR offered may be higher or lower than the examples above. Variable rates may increase after expiration. 1% cash back graduation reward subject to terms and conditions. For details on Ascent borrower benefits, visit AscentFunding.com/BorrowerBenefits. Ascent applicants and borrowers who agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with the Ascent Parent Loan application have access to the AscentUP platform.
The following examples for a $10,000 loan show a 48-month school term and a 9-month grace period before the full repayment period for a 60-month (variable rate) loan, with examples of (i) interest only payments, (ii) $25 minimum payment, (iii) deferred repayment, and (iv) immediate repayment options.
*Interest Only Repayment: 5.68% APR, 57 payments of $47.33 during school/grace, 60 payments of $191.86 during the repayment period, and a total cost of $14,210.36.
* $25 minimum payment: 6.34% APR, 57 payments of $25.00 during School/Grace, 60 payments of $230.84 during the repayment period, for a total cost of $15,275.51.
* Deferred Repayment: 6.53% APR, no payments during school/grace, 60 payments of $266.69 during the repayment period, and a total cost of $15,974.38.
* Instant Repayment: 3.68% APR, with 60 payments of $182.73, for a total cost of $10,963.90.
The following examples for a $10,000 loan show a 48-month school term and a 9-month grace period before the full repayment period for a 180-month (highest variable rate) loan, with examples of (i) interest only payments, (ii) $25 minimum payments, (iii) deferred repayment, and (iv) immediate repayment options.
*Interest Only Repayment: 15.34% APR, 57 payments of $127.75 during school/grace, 180 payments of $142.26 during the repayment period, and total cost of $32,891.85.
* $25 minimum payment: 13.90% APR, 57 payments of $25.00 during School/Grace, 180 payments of $229.01 during the repayment period, and a total cost of $42,647.76.
* Deferred Repayment: 14.31% APR, no payments during school/grace, 180 payments of $271.14 during the repayment period, and a total cost of $45,162.88.
* Instant Repayment: 15.09% APR, with 180 payments of $140.56, and a total cost of $25,301.47.
Earnest
Earnest private student loans are made by One American Bank, Member FDIC, or FinWise Bank, Member FDIC. One American Bank, 515 S. Minnesota Avenue, Sioux Falls, SD 57104. FinWise Bank, 756 East Winchester, Suite 100, Murray, UT 84107.
Earnest Loans are provided by Earnest Operations LLC, 300 Frank H. Ogawa Plaza, Suite 340, Oakland 94612. NMLS #1204917, with the support of Missouri State Higher Education Loan Authority (MOHELA) (NMLS # 1442770) One American Bank, FinWise Bank, and Earnest LLC and its subsidiaries, including Earnest Operations LLC. Are not sponsored by United States agencies.
The actual rate and repayment terms available will vary depending on your financial profile. Fixed annual percentage rates (APR) range from 3.09% to 16.74% (2.84% – 16.49% with Auto Pay discount). Variable Annual Percentage Rates (APR) range from 5.24% to 17.10% (4.99% – 16.85% with Auto Pay discount). Earnings 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 of the preceding calendar month, or the next business day, rounded to the nearest hundredth of a percent plus a margin and will change on the 1st of each month. The rate will not increase more than once a month, but there is no limit on how much the rate can increase at one time. Our lowest rates are only available to our most creditworthy borrowers and require selecting our shortest term offer, paying full principal and interest while in school, and enrolling in our 0.25% Auto Pay discount from a checking or savings account. Enrollment in Auto Pay is not required as a condition for approval. Interest rates are subject to change.
© 2026 Earnest LLC. All rights reserved.
sally mae
¹The rates displayed are for medical school student loans:
The lowest rates shown include the Auto Debit Discount: Additional information regarding the Auto Debit Discount: The advertised APR for undergraduate students assumes a $10,000 loan for a student who attends school for 4 years and does not already have a Sallie Mae-serviced loan. Interest rates for variable rate loans can increase or decrease over the life of the loan based on changes in the 30-day average secured overnight financing rate (SOFR), rounded to the nearest eighth of a percent. Advertised variable rates are the initial range of rates and may vary outside that range during the term of the loan. Interest is charged when the funds are sent to the school. With fixed and deferred repayment options, the interest rate is higher than the interest repayment option and the unpaid interest is added to the current principal of the loan at the end of the grace/separation period. To receive an interest rate discount of 0.25 percentage points, the borrower or co-signer must enroll in auto debit through Sallie Mae. The discount is applicable only during active repayments as long as the current due amount or the specified amount is successfully withdrawn from the authorized bank account every month. It may be suspended during forbearance or moratorium. *These rates will be effective from 3/02/2026.
terms:
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 school term, this would be a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67, and one payment of $121.71 Is. For a total loan cost of $23,134.44. For a borrower with $20,000 in prior debt and 2 years in school, this 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 can have a loan term of less than 10 years.
² For applications submitted directly to Sallie Mae, the loan amount cannot exceed the cost of attendance less any financial aid received, as certified by the school. A lower maximum loan request amount may apply to applications submitted to Sallie Mae through a partner website. Miscellaneous personal expenses (e.g. laptop) may be included in the cost of attendance for students enrolled at least half-time.
⁴ To apply for this deferment, clients and an official in an internship, clerkship, fellowship, or residency program must complete and submit a deferment form to us for consideration. If approved, the moratorium period is released in 12-month increments. Customers can apply for and receive up to four 12-month grace periods. Interest is charged during the moratorium period and at the end of each moratorium period the unpaid interest can be added to the current principal, thereby increasing the total loan cost.
⁵ GRP allows interest payment only for the initial 12 month period of repayment when the loan normally requires full principal and interest payment or during the 12 month period after the GRP request is given, whichever is later. At the time of GRP request, the loan must be current. The Borrower may request a GRP only during the six billing periods immediately preceding the loan and will generally begin requiring full principal and interest payments during the twelve billing periods immediately following the loan. GRP does not extend the loan tenure. If approved for GRP, the current due amount paid each month after the GRP ends will be higher than it otherwise would have been without the GRP, and the total loan cost will increase.
