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Do student applicants need co-signers?

April 26, 2017APPLICANTS co-signers student

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Do student applicants need co-signers?

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If a student is applying for a TERI guaranteed loan that requires a credit-worthy borrower, s/he must be credit-worthy or must apply with a credit-worthy co-signer (see definition of “credit-worthy” below). If the student is a graduate student, health professions student, or is studying for a second undergraduate degree, s/he may apply without a co-signer as a credit-ready borrower (see definition of “credit-ready” below).