Individuals may apply as a borrower or cosigner based on their citizenship status as follows: While our application process asks for income and employment details, we won’t use income, employment, or your requested loan amount to evaluate your application. ![]() permanent resident.Īdding a cosigner can help strengthen your application’s overall credit health, and may even help lower your loan’s interest rate, APR, or monthly payments. temporary residents may apply with a creditworthy cosigner that is a U.S. citizens, permanent residents, or DACA recipients with established credit history & no outstanding education loan defaults. U.S. In addition to learning more about your eligibility, you can also see the rates and terms you pre-qualify for.Īpplicants must be U.S. In the pre-qualification process, we’ll conduct a soft credit check with no impact to your credit score. To see if you pre-qualify for an Ascent bootcamp loan, submit an application. We offer two possible ways to qualify for an Ascent loan: on your own or with a cosigner. Our goal at Ascent is to help students from all walks of life and with a broad range of backgrounds get access to the programs that interest them. If you applied for your loan on or after June 10th, 2019, visit or call 87. If you applied for your loan on or before June 9th, 2019, visit Aspire online or call 1-80. Need to pay your loan? Have a question about repayment on an existing loan? All loans applied for on or after June 10th, 2019 will be serviced by Launch. All loans applied for on or before June 9th, 2019 will be serviced by Aspire. This means Aspire or Launch will collect your monthly payments during the repayment phase of your loan. You have the flexibility to pay off your loan anytime before your loan term ends!Īspire and Launch are the loan servicers for Ascent’s loans. You can choose to pay the minimum monthly payment, or you can make larger payments. You’ll make monthly payments until your loan is fully repaid, and we’re happy to say there’s no prepayment penalty or fee for early payments on Ascent loans. If you do not receive a qualifying offer within six months of completing your program and you meet the requirements of the Thinkful Tuition Refund Guarantee, your tuition loan will be canceled and you will owe nothing. Once you receive a qualifying job/contract offer, you’ll begin making full (interest + principal) payments. With a Deferred Tuition Loan combined with the Thinkful Tuition Refund Guarantee, you won’t make payments until you receive an offer for a qualifying position making at least $40,000 annually or $3,333/month pre-tax for 3 months or more. Deferred Tuition allows you to defer repayment for up to a year after you complete your program, or when you receive a qualifying job offer (as determined by the Thinkful Course Catalog ). You have several options, including automated payments! After you apply for a loan, we’ll help you set up your repayment account. You’ll receive an email or a notification in the application if you or your cosigner have any required steps to take. We’ll keep you and your cosigner updated on the status of your application throughout the process. Your cosigner’s portion of the application will look very similar to yours. If not, we’ll send them an email asking them to complete their part. ![]() If your cosigner is with you, they can start their portion of the application right away. If you’d like to add a cosigner when you apply, you can select this option in the application. You can choose to add a cosigner before you submit your loan application, or may be given the option to add a cosigner after you apply. If you’re concerned about your eligibility for an Ascent loan, consider adding a cosigner with strong credit health. ![]() In some scenarios, adding a cosigner may reduce your interest rate and lower your payments. Cosigners may strengthen your application’s overall credit health. Depending upon your credit health, a cosigner might be required. There are two ways to qualify for an Ascent bootcamp loan: on your own, or with a cosigner. Yes, you can add a cosigner to your loan.
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