Apply for a private student loan
Apply for a $10,000 College Scholarship

Student Loans With No Cosigner

Private student loans typically require that you have a cosigner in order to apply. These loans are based on credit, and since most students do not have an established credit history, a cosigner may be required. Students can apply for a private student loan with no cosigner if they are working and have good credit.

There are generally two types of student loans available: Federal loans and Private loans. Federal student loans do not require a cosigner. These loans consist of the Stafford loan, the Perkins loan, the Parent Plus loan and the Grad Plus loan.

Private Student Loans with no Cosigner

  • Again, we strongly recommend you apply for private student loans with a cosigner. This will greatly improve your chances for approval and may qualify you for lower rates.
  • A student with a great credit score and who is working may qualify for a private student loan without a cosigner. There is no cost to apply and you can often add a cosigner at a later date if need.
  • Students with poor credit must have a cosigner to qualify. To learn about your credit, visit Student Credit Education Center at StudentPlatinum.com

Apply now for a Private Student Loan

Consider Federal Student Loans

  • File a FAFSA form first. This is typically done months before you want to start school. For example, if you wish to start school in the Fall you should file a FAFSA the previous winter/spring. The FAFSA must be filed every year.
  • To learn more about applying for federal and private student loans, visit: Student Loan Network

How to Apply for Private Student Loans

  • You can apply for a private student loan at any time. The first step is to decide how much you need to borrow. You should calculate what your monthly payments will be when you are done with your education. Add this amount to your estimated Federal student loan monthly payment, and make sure that you will be able to pay this total amount.
  • Some private loans must be certified by your school. Check with your school to see what their policy is for school-certified private loans.