Ascent offers several repayment terms of 5, 7, 10, 12, or 15 years. The lender has some of the best repayment benefits for borrowers who may find themselves experiencing periods of financial difficulty. In-school repayment options - Interest-only: Pay interest every month - Fixed: Pay $25 every month - Deferred: No payment Post-school repayment options - Repayment terms: 5, 7, 10, 12, or 15 years - Grace period: 9 months - Deferment options: In-school and military - Forbearance: Up to 24 months, in up to 4 consecutive periods Other repayment options - Cosigner release: Yes, after 24 consecutive on-time monthly payments - Death discharge: Yes - Disability discharge: Yes