Generally, to qualify for a student loan, either the borrower or the co-borrower, must meet the following guidelines:
• Be of legal age to borrow in the state of residence
• Have qualifying credit, residence, and employment history
• Have income sufficient to make required payments
• If self-employed, be in business for at least two years
• Be a U.S. citizen or permanent resident and have resided in the U.S. for the previous two years (an international student requires a U.S. citizen or permanent resident as a co-borrower)