For most federal student loans, you can apply without a co-signer. This is because all undergraduate loans and some graduate school loans do not require a credit check and therefore are available to all eligible students who wish to apply.

Is there a way to get a loan without a cosigner?

You can get a personal loan without a cosigner by simply applying for the loan as an individual, as long as you have a credit score of 585 or higher. You’re not required to have a cosigner in order to get approved a personal loan.

Can I get a student loan just for living expenses?

Yes, you can take out student loans for living expenses and other housing needs. Student loans — both federal and private — can be used to cover more than just your tuition. They can also cover living expenses, such as housing, groceries, toiletries, and more.

Do parents have to cosign for federal student loans?

Parents are not responsible for repaying their children’s federal student loans and cannot cosign these loans. If the child defaults on a federal student loan loan, only the child’s credit is ruined. Private student loans, also known as alternative student loans, often require a cosigner such as a parent.

How big of a student loan can I get?

The maximum amount you can borrow depends on factors including whether they’re federal or private loans and your year in school. Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans. Graduate students can borrow up to $20,500 annually and $138,500 total.

How to get a student loan without a co-signer?

How to shop for a student loan without a co-signer Take out federal student loans first. Fill out the Free Application for Federal Student Aid, known as the FAFSA, to get access to federal loans, grants and scholarships. Build credit before you apply for a private student loan.

Do you need a cosigner for a sixup student loan?

Sixup offers student loans without requiring a cosigner to help bridge the gap between financial aid and the cost of attendance. Borrowers do not need a credit history, but it will be considered if they have one. And in certain cases, a cosigner might be required. Read our full Sixup Review here .

Are there any student loans with no interest?

Federal direct unsubsidized loans are available to all undergraduate and graduate borrowers regardless of financial need, and there’s no co-signer required. They don’t come with a break on interest like subsidized loans do, so as an undergraduate, be sure to max out subsidized loans before turning to unsubsidized ones.

Can you get a Sallie Mae loan without a cosigner?

While students may be approved for a loan without a cosigner, Sallie Mae’s website says applicants are four times more likely to be approved with one. If you have already had a chance to build your credit, Sallie Mae may be a good option for you. Read our full Sallie Mae Review here .