Ascendium News & Media

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Ascendium at a Glance

Ascendium is a nonprofit that provides student loan guaranty services, funds education philanthropy initiatives and offers a suite of products for borrowers and college campuses focused on helping borrowers successfully manage their debt.

  • We provide financial wellness information, tools and counseling to help more than 1.9 million borrowers nationwide succeed in federal student loan repayment.
  • We hold guarantees on nearly $52.7 billion in Federal Family Education Loan (FFEL) Program loans.
  • Our earnings are channeled into our philanthropy program, one of the nation’s largest funders of postsecondary education initiatives.
  • Through four focus areas, we fund projects that support our mission to help more students from low-income backgrounds achieve their academic and career goals.
  • We employ over 250 employees nationwide.

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October 13, 2021
Ascendium Announces Ready for Pell, a $4.7M Strategic Initiative for Postsecondary Education in Prison
September 02, 2021
Want to Offer a Student Loan Repayment Benefit? New E-book Provides Roadmap
August 16, 2021
Legal Aid Program Expands Partnership With Technical Colleges to Connect Students, Community Members to Free Legal Help
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We elevate opportunity

We’re a nonprofit organization. We’re a loan guarantor. An education philanthropy. We provide tools and services that drive college completion and lifelong success.

Learn More About What We Do