Ascendium at a Glance

Ascendium, formerly Great Lakes Higher Education Corporation, is a nonprofit organization headquartered in Madison, Wisconsin. Ascendium provides student loan guaranty services and funds education philanthropy initiatives while also offering a suite of products for borrowers and college campuses focused on helping borrowers successfully manage their debt.

• Ascendium is the largest student loan guarantor in the U.S.
• We provide information, tools and counseling to help 3 million borrowers nationwide succeed in federal student loan repayment.
• We hold guarantees on $72 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.
• We employ over 250 employees nationwide.

Common Questions About Ascendium