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 2.2 million borrowers nationwide succeed in federal student loan repayment.
  • We hold guarantees on $59 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.

Common Questions About Ascendium

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May 29, 2020
Ascendium Education Group Announces New Philanthropy Website, Investment Priorities
April 08, 2020
Ascendium Education Solutions to Utilize ECMC Software Platform
March 30, 2020
Ascendium is Partially Halting Collections

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