How to get Student Loan without Cosigner

Posted on 08 September 2009

Most of the times, higher education is associated with having good credit history or linked with having a cosigner, else it seems as education is not possible till you can get strong financial support from somewhere.

student loan no cosigner


Anyhow, things are now much easier and one can achieve the dream of higher education without the having a good credit history or cosigner. Though the loan options get limited in this case but still you can get student loans. Here is the checklist to get a student loan without co-signer:

  • Check out websites of federal student loan providers,  specially look at Stafford loans and Perkin loans as these don’t bother with credit report.
  • Fill out the FASFA form, from its website, you need to fill this form as the primary step, it doesn’t only helps in receiving loans but also secures grant money if applicable.
  • If you are not able to  get cosigner or don’t have a credit history, you must seek help from Stafford loans, its meant for the needy students, and the amount is small which is the basic step towards your education. You can manage it well even if you low income.
  • Next to Stafford loans is Perkin loans, it gives % low interest on loans and is great helper for the needy students. Moreover it has longer repay duration than the Stafford loan.
  • Not only the Stafford and Perkin loans are the two helpers, you can look out for other scholarships and courses plans offered by other education institutions and are linked with your education. Also that you can check your school websites that offers you great opportunities for your higher educations.

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One Response to “How to get Student Loan without Cosigner”

  1. shashank says:

    Respected sir
    i am indian student and now studying in usa virginia in usa i am studying aeronautical engg degree now only few month remain and i want $20,000 pay to my remaining fees. and i have no co-sighner but my mom is employee indian govt job can she become co-sighner for my loan please send me suggestion who gave me loan.


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