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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May 24, 2022
Ascendium Gifts $2.5 Million to The Center for Black Excellence and Culture
April 07, 2022
Ascendium Education Group Releases 2021 Education Philanthropy Report: Stronger Together
April 06, 2022
Future Workforce Supported by Ascendium with $1,500 Tools of the Trade Scholarships Going to Over 500 Wisconsin Apprentices
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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