Career loans to fund your future

A bootcamp loan is a consumer loan that can be used to help pay for tuition or living expenses to attend career preparation programs (only offered at specific schools).

No, the Free Application for Federal Student Aid (FAFSA) is only eligible to college students planning to attend an accredited, Title IV, university or college.

Most bootcamps are not eligible for Title IV Funding. This means that options like the Pell Grant, or similar federal programs, are not available to students enrolling in most bootcamps. However, there are many opportunities that bootcamps are eligible for such as, local options like Workforce Retraining Programs, Veterans Funding Options, and scholarships. Inquire about bootcamps you are interested in to learn what funding options they are eligible for. In addition, Ascent offers scholarships that bootcamp students can enter for their chance to win. To see Ascent’s current scholarships, visit AscentFunding.com/Scholarships.

No, with Ascent’s bootcamp loans, you will not incur any fees or penalties if you prepay your loan (either in whole or in part) before the repayment term ends.

Ascent’s application process is designed to help students apply for a bootcamp loan and check their rate without impacting their credit score in less than 10 minutes. We will then work to process your loan application quickly and efficiently but will need your help to speed the process along.

You may not need a cosigner, but you can add one to your loan at any time during your application process.
There are two ways to qualify for an Ascent bootcamp loan: on your own, or with a cosigner. Depending upon your credit health, a cosigner might be required. Cosigners may strengthen your application’s overall credit health. In some scenarios, adding a cosigner may reduce your interest rate and lower your payments. If you’re concerned about your eligibility for an Ascent loan, consider adding a cosigner with strong credit.
You can choose to add a cosigner before you submit your loan application, or you may be given the option to add a cosigner after you apply.
If you’d like to add a cosigner when you apply, you can select this option in the application. If your cosigner is with you, they can start their portion of the application right away. If not, we’ll send them an email asking them to complete their part. Your cosigner’s portion of the application will look very similar to yours.
We’ll keep you and your cosigner updated on the status of your application throughout the process. You’ll receive an email or a notification in the application if you or your cosigner have any required steps to take.

Ascent will conduct an initial soft credit check so you can see the rates, terms, and payments you pre-qualify for without impacting your credit report. Unlike hard credit checks, soft credit checks do not appear on your credit report and will not impact your credit score.
After you preview your rates, you can choose a loan option and continue your application. If you continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit check, which will show up on your credit report. Before we conduct a hard credit check, the application will ask for your consent.

For most programs we send your funds on the second Wednesday after your program starts. On that day, the tuition portion of your loan is sent directly to your school and, in most cases, any living expense funds are sent directly to you.