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Ascent Funding, LLC: 2025 Acquiring SFC Report - Financial Regulation

For Fiscal Year Ending June 30, 2025

Acquiring SFC

Company

Ascent Funding, LLC

NMLS Number

1761645

Date of Report

3/13/2026

Broad Data

Total Outstanding Debt Owned by Maryland-Based Students Who Receive Financing

N/A; Ascent does not own any student debt or loans. Ascent provides an online application process and is contracted as an origination processor and broker for FDIC insured state-charter banks. These banks originate the student loans, and after a period, Ascent purchases these loans from the originating bank and sells them on to investors the same day. There is no appreciable period of time where Ascent holds any student loans. Ascent does not own or hold any loans or outstanding debt.

Total Number of Student Financing Products Owned by Maryland-based Consumers/Students

N/A; Ascent does not own any student debt or loans. See response in B3.

Total Amount of Student Loans Products Provided in Prior Fiscal Year

N/A; Ascent does not provide financing, originate or make loans to students. All loan agreements are between student borrowers and the FDIC insured state-charter originating bank partners described in the response in B3.

Total Number of Student Loan Products Provided in Prior Fiscal Year

N/A; Ascent does not provide financing. Ascent is an origination processor and broker for state-chartered originating banks. See responses in B3 and B7.

Rate of Default

0.6%

Total Dollar Amount of Student Loan Products with a Cosigner

$4,728,760.50

Total Number of Student Loan Products with a Cosigner

273

Total Dollar Amount of Student Loan Products for Refinancing

0

Total Number of Student Loan Products for Refinancing

0

Total Dollar Amount of Student Loan Products for which Company Has Sued to Collect

0

Total Number of Student Loan Products for which Company Has Sued to Collect

0
NOTE: Ascent does not hold or own any student loans or debt. This list is provided as a list of loans to Maryland borrowers that Ascent has brokered.

Fiscal year ending 30-Jun-25

School Name

# Student Loan Products

$ Outstanding Debt

Default Rate

University of Maryland, College Park

26

 $ 328,125.57

0%

Towson University

11

 $ 120,195.93

0%

Salisbury University

9

 $ 107,674.69

0%

Howard University

8

 $ 154,768.95

0%

Johns Hopkins University - School of Public Health

8

 $ 204,973.56

0%

Pennsylvania State University (The)

7

 $ 180,807.57

0%

University of Maryland - Baltimore County

7

 $ 107,636.43

0%

Boston University

5

 $   67,603.64

0%

Stevenson University

5

 $   70,543.06

0%

160 Driving Academy

5

 $   18,959.37

28%

North Carolina Agricultural and Technical State University

5

 $   62,414.06

0%

Bowie State University

4

 $   30,769.00

36%

McDaniel College

4

 $   36,908.38

0%

Hood College

4

 $   42,616.70

0%

Coastal Carolina University

4

 $   63,261.16

0%

Chamberlain College of Nursing

4

 $   61,494.55

0%

Drexel University

4

 $ 103,065.58

0%

Virginia Polytechnic Institute & State University

4

 $   48,537.00

0%

George Mason University

4

 $   37,758.25

0%

Yellow Tail Tech

4

 $   37,352.93

0%

West Virginia University

3

 $   71,044.00

0%

Calvin University

3

 $   13,945.16

0%

Temple University

3

 $   70,614.60

0%

Liberty University

3

 $   38,125.00

0%

Catholic University of America

3

 $ 125,106.00

0%

Savannah College of Art and Design

3

 $   73,480.33

0%

Maryland Institute College of Art

3

 $   49,539.00

0%

Brandeis University

3

 $   47,219.00

0%

York College of Pennsylvania

3

 $   33,322.21

0%

Frostburg State University

2

 $   38,576.00

0%

Georgia Institute of Technology

2

 $              -  

0%

George Washington University

2

 $   33,500.00

0%

Construction Training LLC

2

 $   38,982.99

0%

Shepherd University

2

 $   18,960.00

0%

American University

2

 $   59,052.05

0%

University of Colorado Boulder

2

 $   82,000.00

0%

Indiana University - Bloomington

2

 $   50,000.00

0%

University of Michigan

2

 $   59,426.00

0%

Loyola University Maryland

2

 $   47,822.84

0%

Embry-Riddle Aeronautical University

2

 $   50,861.93

0%

Mercyhurst University

2

 $   27,689.83

0%

Shippensburg University

2

 $   49,803.26

0%

Morgan State University

2

 $   15,992.00

0%

Colorado State University

2

 $   44,973.97

0%

Mount Saint Mary's University - Emmitsburg, MD

2

 $   24,100.00

0%

University of Connecticut

2

 $   30,958.32

0%

NexGenT

2

 $   15,562.36

0%

University of Maryland, Baltimore

2

 $              -  

0%

Notre Dame of Maryland University

2

 $   13,444.52

0%

Virginia Commonwealth University

2

 $   32,372.03

0%

American Musical & Dramatic Academy

2

 $   81,000.00

0%

Western Governors University

2

 $     6,922.68

0%

Per Scholas

2

 $     5,431.34

0%

Widener University

2

 $              -  

0%

University of California, Irvine

1

 $   22,859.31

0%

University of Tampa (The)

1

 $   23,457.22

0%

Lynn University

1

 $     9,839.53

0%

Goucher College

1

 $   20,149.00

0%

Washington College

1

 $     9,042.00

0%

Ner Israel Rabbinical College

1

 $     9,454.52

0%

University of Delaware

1

 $   19,000.00

0%

Ithaca College

1

 $     6,300.00

0%

University of Miami

1

 $     4,631.69

0%

Ave Maria University

1

 $   14,066.70

0%

Devslopes

1

 $   11,586.43

0%

Johns Hopkins University - Carey Business School

1

 $              -  

0%

Calvin College

1

 $     3,388.50

0%

Nova Southeastern University-Davie

1

 $              -  

0%

High Point University

1

 $   23,442.88

0%

Arizona State University

1

 $   21,548.69

0%

University of Kentucky

1

 $   21,656.89

0%

Johnson & Wales University

1

 $   25,300.00

0%

Delaware Valley University

1

 $              -  

0%

Citadel, the Military College of South Carolina

1

 $   49,736.35

0%

University of North Carolina - Charlotte

1

 $   11,346.00

0%

Kent State University

1

 $     6,657.73

0%

University of Washington

1

 $   16,292.00

0%

Radford University

1

 $   23,772.48

0%

Viterbo University

1

 $     9,895.00

0%

Robert Morris University

1

 $   16,000.00

0%

Gettysburg College

1

 $   25,108.59

0%

Rochester Institute of Technology

1

 $   10,596.00

0%

TripleTen, Inc.

1

 $     9,492.00

0%

Saint Francis University

1

 $   21,694.00

0%

University of California, Santa Barbara

1

 $   13,631.62

0%

Saint John's University - Jamaica, NY

1

 $   31,000.00

0%

Lycoming College

1

 $   30,881.48

0%

Western Welding Academy

1

 $   35,700.00

0%

University of Kansas

1

 $   40,000.00

0%

Wilkes University

1

 $   17,000.00

0%

University of Mary Washington

1

 $   39,826.05

0%

Georgia State University

1

 $   11,000.00

0%

University of Maryland - Eastern Shore

1

 $     9,468.00

0%

Fordham University - Manhattan Campus

1

 $   41,000.00

0%

George Washington University - Law School

1

 $   29,746.84

0%

Shenandoah University

1

 $   23,200.00

0%

Massachusetts College of Art and Design

1

 $   33,546.00

0%

Lancaster Bible College

1

 $   22,000.00

0%

University of Pittsburgh - Pittsburgh

1

 $   22,000.00

0%

Culinary Institute Of America

1

 $   25,657.82

0%

University of Tennessee

1

 $   20,000.00

0%

Southern Methodist University

1

 $   25,864.51

0%

Vanderbilt University

1

 $   14,439.80

0%

St Marys College of Maryland

1

 $   14,901.57

0%

Georgetown University - Medical School

1

 $   29,574.51

0%

Long Island University

1

 $   35,000.00

0%

Washington Adventist University

1

 $   21,000.00

0%

Susquehanna University

1

 $   11,300.00

0%

Medical University of South Carolina

1

 $   41,483.00

0%

Teachers College, Columbia University

1

 $   25,000.00

0%

Glenville State College

1

 $     5,000.00

0%

Loyola Marymount University

1

 $              -  

0%

Saint Louis University

1

 $   15,800.00

0%

Xavier University of Louisiana

1

 $     8,000.00

0%

Saint Vincent College & Seminary

1

 $     8,000.00

0%

Florida Atlantic University

1

 $   30,497.52

0%

Purdue University

1

 $   18,000.00

0%

Quickstart Learning

1

 $     7,466.78

0%