Best Low-Interest Student Loans Of October 2023

Are you looking for student loans with low interest rates? Look no further! Ascent offers a variety of student loan options that cater to your needs, whether you have a co-signer or not. Let’s explore what sets Ascent apart from other private lenders.

Flexible Repayment Options

One of the standout features of Ascent is its range of payment reduction and postponement options. If you’re just starting out in your career and need a lower monthly payment initially, Ascent offers a graduated repayment plan. This plan allows you to start with a lower monthly payment that gradually increases over time as your income grows. It’s a great option for recent graduates who expect their earnings to increase in the future.

Pause Payments in Times of Hardship

Life can throw unexpected challenges your way, and Ascent understands that. That’s why they allow borrowers to pause payments temporarily if they’re experiencing financial hardship. You can suspend payments for one to three months at a time, for a maximum of 24 months throughout the loan term. However, it’s important to note that interest will continue to accrue during this period. This forbearance option provides some relief when you need it most.

Graduation Reward

Ascent appreciates your hard work and dedication. As a token of their gratitude, they offer a graduation reward of 1% of the original principal balance of your loan. This is their way of congratulating you on your achievement and helping you on your journey to financial freedom. Be sure to check the conditions to see if you qualify for this exciting reward.

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Recognized Excellence

Forbes Advisor named Ascent one of the best private student loans of 2020. This recognition speaks volumes about the quality and reliability of their services. When it comes to financing your education, you want a lender that you can trust. Ascent’s track record of excellence makes them a top choice for aspiring students.

Loan Details and Eligibility

Here are some additional details about Ascent’s student loans:

  • Loan terms: Choose from 5, 7, 10, 12, or 15 years.
  • Loan amounts available: Ascent offers loans starting from $2,001, up to the total cost of attendance, with a maximum of $200,000 per academic year ($200,000 aggregate).
  • Eligibility: If you have no credit history, you can still qualify for a loan by having a creditworthy co-signer. Co-signers must demonstrate an income of at least $24,000 for the current and previous year. The required minimum credit score for co-signers is 660 if the student has a score of less than 700, and 620 if the student’s score is 700 or higher.

Simple Money Tips – Steps To Financial Freedom

When it comes to your financial future, it’s essential to make informed choices. Simple Money Tips – Steps To Financial Freedom is your go-to resource for insights on managing your money, including student loans. Visit Simple Money Tips – Steps To Financial Freedom for more helpful information on personal finance.

Remember, education is an investment in yourself, and finding the right student loan can make a world of difference. With Ascent’s low-interest student loans and flexible options, you can focus on your studies and worry less about financial burdens. Take the first step towards a brighter future with Ascent.

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Please note that loan products may not be available in certain jurisdictions, and certain restrictions, limitations, and terms and conditions may apply. For Ascent’s full terms and conditions, please visit Rates mentioned are effective as of 10/1/2023 and are subject to change. For the most up-to-date rates and repayment examples, please visit