Many users only consider billing matters when an unexpected charge arises, such as an automatic subscription renewal. This guide is designed to help you understand how refunds work with Ascent Funding, who qualifies for a refund, and the steps necessary to request your money back efficiently. Our aim is to provide clear, step-by-step assistance to ensure a smooth refund process.
What You Should Prepare Before Applying For Refund
Transaction ID: Locate your unique transaction ID associated with the loan or payment you are seeking a refund for.
Loan Agreement: Have a copy of your loan agreement handy to reference specific terms related to the refund.
Documentation of Communication: Gather any emails or correspondence you had with Ascent Funding regarding your loan and refund requests.
Refund Request Form: Check if Ascent Funding requires a specific form to initiate the refund process and fill it out accurately.
Account Information: Ensure you have your account login details and any associated identification numbers to verify your account.
Proof of Payment: Have copies of payment receipts or bank statements that show the transaction made to Ascent Funding.
Eligibility Confirmation: Review refund eligibility criteria as stated in the loan terms to confirm you qualify for a refund.
Specific Reason for Refund: Prepare a clear and concise explanation outlining the reason for your refund request.
Timeframes: Familiarize yourself with any stipulated timeframes for requesting a refund as per your loan agreement.
How Long Does it Take to Get a Refund?
Payment method
How long it takes*
Credit Card
5-7 working days
ACH Transfer
3-5 working days
Debit Card
5-7 working days
PayPal
1-3 working days
*Working days are Monday to Friday, and don't include public holidays.
What are my Rights? Am I eligible for a Refund from Ascent Funding
At Ascent Funding, users engage with a platform designed for educational financing, aimed at helping students manage their education-related expenses. Understanding the rights associated with refunds is essential for users navigating their account management and financing options. Refund eligibility at Ascent Funding is closely tied to the specific circumstances surrounding a user’s account and the nature of the services provided.
Users may qualify for a refund under several particular situations:
Loan Cancellation: If a loan is canceled before disbursement, users may be eligible for a refund of any fees related to the loan application process.
Payment Adjustments: Situations that involve adjustments to the payment schedule or amounts due might permit users to inquire about refunds on specific fees.
Account Closure: If an account is closed and fees were charged in anticipation of services not rendered following the closure, a refund may be applicable.
Change in Eligibility: Students experiencing a change in their education status (e.g., transferring schools) may want to discuss refund possibilities for fees tied to their financing solution that are no longer relevant.
Service Errors: If there is a discrepancy in billing that users believe resulted from their account status or service agreement, users can reach out for clarification and possible adjustments.
It is always recommended that users refer to Ascent Funding’s customer service for personalized guidance based on their unique situations, ensuring they understand their eligibility for any refunds related to their specific circumstances.
Step-by-Step Process to Request Your Ascent Funding Refund Like a Pro
If you purchased through AscentFunding.com:
Visit the Ascent Funding website and log in to your account.
Navigate to the "Account" or "Settings" section, usually found in your profile menu.
Look for a section related to "Billing" or "Subscriptions."
Locate the most recent charge or subscription you wish to request a refund for.
Under the billing details, find the option to "Request a Refund" or "Contact Support."
Select the option and look for any forms or prompts to fill out.
In your message, mention that the subscription renewed without notice.
Emphasize that the account was unused since the last payment, if applicable.
Submit your request and note any confirmation details provided.
If you purchased through Apple:
Open the "Settings" app on your device.
Tap your name at the top to access your Apple ID settings.
Select "Subscriptions."
Find your Ascent Funding subscription in the list.
Tap on the subscription and then select "Cancel Subscription."
After cancellation, go back to the "Subscriptions" section and tap on "Report a Problem."
Choose the relevant subscription and select "Request a Refund."
In your message, state that the subscription renewed without notice.
Indicate that you did not use the service during the billing cycle.
Submit your refund request and wait for a response from Apple.
If you purchased through Google Play:
Open the Google Play Store app on your device.
Select your profile icon at the top right corner of the screen.
Tap on "Payments & subscriptions."
Select "Subscriptions" and locate your Ascent Funding subscription.
Tap on the subscription and select "Cancel Subscription."
After canceling, return to the "Payments & subscriptions" section.
Select "Purchase history."
Find the most recent charge for Ascent Funding and tap on it.
Select "Request a Refund" and complete the form.
In the message, mention that the subscription renewed without notice.
Highlight that the service was not utilized since your last payment.
Submit your request and keep an eye on your email for updates.
If you purchased through Roku:
Log in to your Roku account through the Roku website.
Navigate to the "Manage Account" section.
Find the "Subscriptions" option and select it.
Locate your Ascent Funding subscription.
Cancel the subscription if it has not already been canceled.
Go to the "Support" section of the Roku website.
Select "Contact Us" to submit a request.
In your message, state that the subscription renewed without notice.
Clarify that you did not use the service after the last payment.
Submit your request and monitor your inbox for replies.
Disclaimer
Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.
The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.
Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.
Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.
I am writing to request a refund due to [describe reason]. I would like to request a refund in the amount of [Amount].
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If applicable, I have attached documentation for your review.
\n
Could you please confirm the status of this refund request within 3-5 business days?
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Thank you for your attention to this matter.
\n
Sincerely, [Your Name] [Your Phone Number]
Common refund statuses
Status
Meaning
What It Means for You
Pending
The refund request has been submitted and is awaiting approval.
Your refund is not yet processed. Please allow up to 5 business days for a decision.
Processing
The refund is currently being processed by our team.
Your refund is on its way! Please allow up to 7 business days to complete.
Refunded
The refund has been successfully processed and funds have been returned.
Funds should reflect in your original payment method within 3-5 business days.
Partially Refunded
A portion of the refund has been issued; the remaining balance is still pending.
Check your account for the partial refund. The remaining balance will be reviewed soon.
Completed
All refund processes are complete and no further action is required.
Your transaction is fully resolved. Thank you for your patience!
Canceled
The refund request has been canceled by the user or the system.
No funds will be returned. You may submit a new request if needed.
Real User Scenarios: When and How Refunds Were Successfully Claimed
At Ascent Funding, users often navigate a variety of account management and funding options. Here are some real user scenarios where refunds were successfully claimed, highlighting common situations faced by users.
Service Plan Change: A user initially selected a premium service plan but later decided that a basic plan would better fit their needs. After contacting Ascent Funding's support team about their account adjustment, they received a prompt refund for the difference in pricing.
Scholarship Application Fees: A student accidentally submitted multiple scholarship applications for the same program due to a technical glitch. Upon reaching out to customer service for clarification, they were able to successfully claim a refund for the extra application fees.
Account Overlap Issue: A user realized they had set up two accounts to manage their funding options. After informing Ascent Funding of this oversight, they were pleased to receive a refund for duplicated fees charged on the unintended account.
Service Interruption: During a scheduled maintenance period, a user was unable to access their funding details. After reaching out for assistance, Ascent Funding offered a small refund as a goodwill gesture for the inconvenience experienced during that time.
The Easiest Way to Get a Ascent Funding Refund
If you're frustrated trying to get a refund from Ascent Funding—or if you didn't even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. No more waiting on hold or navigating confusing help pages. Just connect your bank or card account, and we'll take care of the rest.
How to Track Your Refund Status Efficiently
Tracking your refund status with Ascent Funding is straightforward, thanks to our user-friendly communication methods and account features. Follow these tips to monitor your refund efficiently:
Check Your Email: Ascent Funding sends email notifications for every stage of your refund process. Look for emails titled "Refund Update" that provide detailed information about the status of your request.
Utilize the Ascent App: For the most efficient tracking, download and log into the Ascent Funding mobile app. In the "Account" section, you can find real-time updates about your refund.
Visit Your Account Dashboard: Log into your Ascent Funding account on our website. Under the "Order History" section, you can see all your transactions, including refund statuses. Each refund will have a status indicator to show whether it is pending, completed, or declined.
Explore the Billing Section: Within the account settings, navigate to the "Billing" section. This area contains detailed information about your recent transactions and any associated refunds, making it easier to track their progress.
Stay Updated with In-App Notifications: Enable push notifications in the Ascent app. This will ensure you receive timely updates on your refund status directly on your device without needing to check manually.
FAQ
Ascent Funding typically does not provide refunds for any payments made if the cancellation occurs after the designated timeframe. It's always best to review the cancellation policy outlined in your agreement for specific details and to contact customer support for assistance regarding your individual situation.
Refunds from Ascent Funding typically take between 5 to 10 business days to process after the request is submitted. The exact timing may vary depending on your financial institution’s policies and processing times.
If you notice a charge but don't have an active subscription, first check your email for any confirmation related to previous transactions. If you still believe there's an error, please contact Ascent Funding’s customer support with details of the charge for assistance.
If you're unable to secure a refund directly from Ascent Funding, consider reaching out to customer service for further assistance or clarification. You may also explore escalating your concerns within their support system to ensure your situation is thoroughly reviewed. Additionally, reviewing your account details and any relevant policies may provide further insight into options available to you.
If Ascent Funding refuses to issue a refund, consider reviewing their refund policy to ensure you understand the terms and conditions. You may also want to contact their customer support again for clarification or additional assistance. Additionally, check your account details to ensure all information is accurate and up to date.
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¹ Total savings is calculated based on internal annualized estimates of savings for customers. ² Average requests times may vary depending on volume of requests
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