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Tangible Net Benefit Form Massachusetts

Tangible Net Benefit Form Massachusetts

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so after you've looked at interest rates and repayment options and you know done that uh consideration you also want to think about co-borrowers so the Federal Direct student loan what the student can borrow as a freshman is 5,500 that's on their financial aid offer for most students above and beyond that most undergraduate students are going to need a creditworthy co-borrower they may not the student may not have established credit or income to be approved for the loan so they usually need co-borrower doesn't always have to be a parent it could be family friend or or relative um but they are going to most likely need a co-borrower so the co-borrower is equally responsible for the loan as the student if it's a if it's a co-signed loan like a meifa loan is a family loan so students always going to be on the loan and then they have a credit where they c-bar maybe even two but it is important for you to understand if you are one of those co-borrower

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