Get the money you need to make higher education happen

For students attending degree-granting institutions

Loans and Scholarships

Undergraduate Student Loans

Award-winning cosigned and non-cosigned loans for college – see your rate without impacting your credit.

Graduate Student Loans

Cover up to 100% of the cost of your masters, doctoral, or professional degree.  

No Essay Scholarships

Ascent is awarding over $80,000 in no essay scholarships this year with multiple chances to win each month!

Our New Partnership

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We’ve partnered with Ascent to provide you with an award-winning range of student loan options and scholarships to put your next educational step within reach.


These loans are made by Ascent Funding, LLC and are funded by Bank of Lake Mills, Member FDIC. PenFed is not the creditor for these loans and is compensated by Ascent Funding for the referral Ascent loan customers.

Ascent loans and scholarships are not PenFed products and PenFed does not make any representations, warranties or guarantees regarding these products.