Are There Student Loans That Don't Require a Cosigner?

Students looking for financial support when applying for student loans without cosigner assistance can be met.  During the loan application process, you need to disclose certain information such as the selected university/college, future degree plans, parent's monthly income, and academic record. The Federal Government provides a helping hand to students by offering Stafford Loans without taking poor credit history into consideration. If you don’t have a family member to cosign a loan for you, many substitutes are available to help you obtain a student loan without a cosigner.

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Despite today's financial crisis, below are some valuable tips which should help you with your search to secure college financing:

1. You can apply to a private moneylender such as Sallie Mae.  Private lenders offer excellent rates and very flexible terms.

2. Ensure you have a decent credit history.  You can obtain your credit scores from the likes of Union, Experian, Equifax, and Transcredit

3. If you don’t meet the criteria of Stafford loan curriculum, Perkins is another opportunity by the Federal government that provides assistance for students without a cosigner.

If you consider yourself eligible for a student loan, you can apply for college financing packages through many private lenders.  You can secure your loan through FAFSA (Free Application for Federal Student Aid) that makes you permitted applicant for financing aid. Students with bad credit history or suffering from a financial crisis can be qualified for college financing without cosigner, you just need to know where to look.