Loans are a strategic investment in your financial future, enabling you to gain the skills needed to advance your career without the burden of high-interest payments.
The Zero Percent Loan is offered by Ascent Funding and is funded by the $100M Google Career Certificates Fund. You can expect from the Zero Percent Loan:
No upfront cost: Learners won’t pay anything until at least three months after they complete or exit their program.
0% interest: Learners won’t be charged any interest, late fees, or origination fees on the loan.
Fixed monthly payments: Once learners begin repayment, they make low, predictable monthly payments for 60 months.
Let’s break the Zero Percent Loan down further:
You’ll pay, at most, $5,700 over 60 months with the option to defer for up to 60 months if you’re not earning at least $40,000 per year. After 60 months, any remaining payment obligation is waived, even if you haven’t paid anything.
If you choose Ascent’s Zero Percent Loan, here’s a look at what you can expect:
Ascent Funding Zero Percent Loan | |
Down payment | $0 |
Monthly in-program payments | $0 |
Income threshold | The equivalent of at least $40,000 per year |
Monthly post-program payments | Up to $95 |
Number of payments | Up to 60 |
Payment cap | $5,700 |
Contract length | 60 months |