Simple, straightforward eligibility requirements for students and their parents.

Having your child apply with a qualified loan co-signer (like yourself) is a good way to meet Laurel Collegiate Loan eligibility requirements. A solid co-signer, such as a parent or other creditworthy adult, makes your child a stronger loan candidate. It increases the chances of fast approval and could even help your child get a better rate. And unlike other loans, applicants won’t be turned down because their family income is "too high" or a co-signer "has too much money."

A student’s eligibility depends on a few simple requirements. Undergraduate and graduate borrowers must be enrolled at least half-time in a degree or certificate program at an eligible school. Continuing Education borrowers may be enrolled less than half-time in a degree program or enrolled in a certificate/technical training program.

A student or the co-signer will also need to satisfy our credit requirements:

• A U.S. citizen or a permanent resident who has resided in the U.S. for the previous two years
• Minimum of two years of continuous employment
• Minimum of 21 months of credit experience and a satisfactory credit history