To be eligible for an Ascent student loan, you should provide various documents and information like your identity proof (PAN Card or Employee Identity card), details about your employment, school information, and estimated financial aid. It's also necessary to provide proof of your income and offer contact details for reference.
Ascent Education Loan for Abroad Studies
International NBFC
Upto 7-10 days Loan Processing Time
Margin
NIL
Processing Fees
NIL
Collateral
NA
Non-Collateral
Upto 100% of EC
Repayment Tenure
Upto 15 years
Cosigner Needed
Yes
Interest Rate
Starting from 3.39%
Countries covered
USA
Features of Ascent
Education Loan Abroad
Ascent Funding aims to help millions of students achieve their dream of studying abroad. Ascent believes students are more than just a credit score and thus, offer seamless education loans with a cosigner. Whether you're aiming for an undergraduate or graduate degree, coding boot camps, or accelerated learning programs at recognised universities, you can apply for an Ascent Education Loan to make the perfect investment in your education.
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto 100% of EC (Non-Collateral) |
| Margin money | NIL |
| Interest rate | Starting from 3.39% |
| Processing fees | NIL |
| Processing time | 7-10 days |
| Loan tenure | Upto 15 years |
| Prepayment charges | NIL |
| Countries covered | Ascent provides overseas education loans in numerous countries including USA |
| Moratorium | Study period + 6 Months |
Benefits of Ascent Education Loan
Zero Fees Throughout the Process
With Ascent, you won't be charged any application, origination, or disbursement fees, enabling you to secure your loan through their hassle-free online process.
No Penalty for Prepayment
You won't face any penalty if you prepay your loan. If you pay off your loan early, you'll get more affordable monthly payments after graduation.
Flexible Education Loan
With their flexible education loans, Ascent helps students pause or reduce their payments. They also offer a Progressive Repayment feature to make reduced instalments after graduation. Ascent also provides substantial deferral and forbearance options if you qualify.
Establish your credit
If you are a US citizen or a permanent resident or hold DACA status, you can release your cosigner after making twelve consecutive full principal and interest payments on time, or an equivalent prepayment amount, meeting other specified criteria. Additionally, there is also an outcomes-based non-cosigned loan option for juniors and seniors who are US citizens, permanent residents, or DACA students, provided that you meet certain eligibility requirements.
Flexible Repayment Options
Choose from repayment options of upto 15 years, depending on your preference. Interest is paid during the moratorium period, and EMI is paid after the completion of your course and a grace period of 6 months.
How To Apply For Ascent
Education Loan For Abroad Studies?
You can apply for an Ascent Education Loan by connecting with our team of experts. Just fill out the form on our website, and we will schedule a callback and guide you through the process.
From helping you upload documents online to presenting them to the banks, Lorien Finance will help you throughout the application process.
Once all your documents are uploaded & KYC process is complete, you can expect your loan to get sanctioned within a few working days.
Why choose Lorien Finance to get an Education Loan from Ascent?
Best loans at unbeatable interest rates: Lorien Finance strives to bring you the best possible deals for your study abroad loans. Our experts negotiate on your behalf to get education loans at the lowest possible interest rates.
Effortless Process: All you need to do is fill out the form on Lorien Finance's website. Yes, it's that simple! Our team will take it up from there, making it a hassle-free process for you.
100% Free Assistance: Lorien doesn't charge any processing fee or commission for student loans for your study abroad journey!
Quicker Loans: With constant application tracking and status updates, our experts ensure that your education loan for studying abroad gets sanctioned as early as possible.
Higher chances of approval: In case of any missing documents or other issues, Lorien's team promptly reaches out to the bank to find solutions to increase your chances of getting a study loan for your overseas education.
Helping you fulfil your study abroad dream!
Fill out the form so our team can get in touch with you!
By entering my details here, I hereby authorize Lorien Finance to contact me through call, message or WhatsApp. It will override my registry on the NCPR/NDNC
Eligibility Criteria For Ascent Education Loan Abroad
Eligibility Criteria for Borrower
- Factors like creditworthiness, school, program, graduation date, major, tuition, and fees
- Student must be enrolled at least half-time in a qualifying school
- International students should apply with a creditworthy cosigner who is a U.S. citizen or U.S. permanent resident
Eligibility Criteria for Co-Borrower
- Be a U.S. citizen or U.S. permanent resident
- Have a minimum credit score. The minimum score required is subject to change and may depend on your credit score
- Meet a minimum gross annual income of $24,000 for the current and previous year
- Be able to submit satisfactory proof-of-income
Eligible Courses
- MBA
- General & PhD
- Dental
- Medical
- Law
For Applicants:
- Identity proof (PAN Card or Employee Identity card)
- Social Security Number
- Information of your Employment
- School information
- Estimated financial aid
- Your income proofs
- Contact details for one reference
International Students/US Temporary Residents:
- You must have a valid VISA that does not expire at least 6 months before the end of the enrolment period for which you're requesting the loan. The acceptable VISA categories are F-1, F-3, G-1, H-1B, H-1C, H-2B, H-3, J-1, L-1, M-1, M-3, T-1, and TN.
- You must provide an I-20 Form (pages 1 & 2, signed by the school) along with an unexpired passport from your country of origin.
- You must provide Form I-797, Notice of Action, and an unexpired passport from your country of origin if you are from an eligible Temporary Protected Status country.
For DACA Status:
- Document from the U.S. Department of Homeland Security/U.S. Citizenship and Immigration Services (USCIS) confirming your DACA status.
- Ensure that your DACA status remains valid for at least six months after the completion of the enrolment period for which you're applying for the loan.
For Permanent Residents of the U.S:
- Permanent Residency Card
Documents Required
Expenses Covered in Ascent Education Loan
- Tuition fees
- Hostel and mess fees
- Examination, library, and laboratory fees
- Insurance premium
- Caution deposits, building funds, and refundable deposits
- Reading material and uniform
- Travel expenses
- Laptop
- Admission acceptance fees
- Other expenses
Ascent's Privacy Policy: Click here to know more
FAQs
Bringing answers to your questions!
What are the eligibility criteria for Ascent's education loans for studying abroad?
What is the interest rate on education loans for studying abroad?
Ascent offers education loans with low interest rates. The exact interest rate may vary, and we recommend connecting with our experts for the most up-to-date information.
What is the process for applying for an Ascent education loan for studying abroad?
You can apply for an Ascent education loan for studying abroad by contacting Lorien Finance. Just fill out the form on our website, and our experts will schedule a callback to guide you through the application process, help you upload necessary documents online, and present the application to Ascent. Once all documents are uploaded and the KYC process is complete, the loan is expected to be sanctioned within a few working days.
Does Ascent offer special benefits or interest rate reductions for exceptional academic performance?
Ascent's education loans are known for their low interest rates, providing financial support for students aspiring to study abroad. While Ascent may not explicitly mention benefits for exceptional academic performance, Lorien Finance, your trusted education loan partner, works diligently to ensure you access the most favourable terms. By leveraging our expertise and relationships with financial institutions, Lorien assists you in securing the best interest rates available. Our commitment is to make your study abroad journey financially viable, offering personalised support to enhance your overall experience.
Is there a co-applicant or guarantor required for the loan?
Ascent's education loans require a US cosigner, who is typically a permanent resident in the US.
What collateral or security is required for the loan?
Ascent provides non-collateral loans to students aspiring abroad education. Lorien Finance can facilitate this communication, ensuring you receive accurate and personalised information customised to your needs. Contact us to make your application process smoother and more transparent.
View More
Lorien’s Success Stories
Real Dreams: Real Achievements
I'm Sambhavi, currently working at Deloitte. Lorien Finance helped me secure an education loan for my Master's in Business Analytics at the University...
Sambhavi
I want to express my utmost satisfaction and gratitude to Lorien Finance for their exceptional services....
Rachna
Thanks to Lorien Finance, I was able to secure an education loan without any hassle. Their online application process made it convenient for me to app...
Sharikha
I'm Sambhavi, currently working at Deloitte. Lorien Finance helped me secure an education loan for my Master's in Business Analytics at the University...
Sambhavi
I want to express my utmost satisfaction and gratitude to Lorien Finance for their exceptional services....
Rachna
Thanks to Lorien Finance, I was able to secure an education loan without any hassle. Their online application process made it convenient for me to app...
Sharikha
Finding suitable accommodation in a foreign country can be challenging, but Lorien Finance made it a breeze. Their partnership with reliable housing p...
Sriram
It was a good experience with Lorien Finance throughout the process they helped me in every step and made the process hassle-free and helped me to g...
Rama
I am immensely grateful to Lorien Finance for their exceptional service in securing my abroad education loan seamlessly. Their efficiency and dedicati...
Ayesha
USA Office
609 Greenwich St, New York, NY 10014
INDIA Office
New Delhi- Plot No. 275 4th Floor, Westend Marg, Saidulajab, Saket, New Delhi 110030
Mumbai- C20, G-Block BKC, Bandra East, Mumbai, Maharashtra 400051
Nashik- 602, 6th Floor, Aakar Probiz, Swargiya Sitamai Savaliram Kale Marg, Kale Nagar, Balawant Nagar, Anandvalli, Nashik, Maharashtra 422013
Contact Us
Call Us
+919311015550Social Profiles
Disclaimer: Lorien Finance is a loan advisory platform that connects applicants with regulated financial institutions, including banks and NBFCs. Loan approval, terms, and interest rates are solely determined by our lending partners and are subject to their internal credit policies. Lorien Finance does not charge applicants any upfront fees and does not guarantee loan approval or interest rates.
Important Links
Sachet Portal
© 2025 Lorien Finance. All rights reserved
Disclaimer:
Lorien Finance is a loan advisory platform that connects applicants with regulated financial institutions, including banks and NBFCs. Loan approval, terms, and interest rates are solely determined by our lending partners and are subject to their internal credit policies. Lorien Finance does not charge applicants any upfront fees and does not guarantee loan approval or interest rates.
Important Links : Sachet Portal
