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How many loans may a borrower have cosigned by the same individual in one academic year?

April 26, 2017academic borrower cosigned individual Loans year

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How many loans may a borrower have cosigned by the same individual in one academic year?

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A cosigner may sign multiple NYHELPs loan applications within the same academic year for the same borrower provided the total amount of loans for any student does not exceed the maximum loan amount per academic year, and with the knowledge that cosigning multiple loans will have an effect on their credit score.