Can a Student Get a Loan Without Parents


Can a student get a loan without parents? Or can a student get a loan without a cosigner? In this article, you can find out if you need a parent or cosigner before you can apply for a student loan or apply as a student.

Can a Student Get a Loan Without Parents

Not every parent has the ability to be able to pay for all intuition of their children. As a lot of people and born into rich families and others need to go through so certain level of stress to be able to afford the cost of higher education. This is more of the reason why a federal student loan is an option that helps to cover all periods while in school or college.

In the meantime, student loans serve as the best option if you’re not able to pay for college in providing you with the funds you need to pay for college. In most cases, it is quite difficult to get a student loan with your parent, cosigner, or even credit history. But that doesn’t mean you can get a student loan without your parent or credit history.

Can a student get a loan without parents? Yes, you can get a student loan without a parent, cosigner, and even without a credit history. You just need the right application on how to get federal student loans without needing someone or your parent to stand for you.

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Can a Student Get a Loan Without Parents?

Just like I stated earlier, you can get student loans without your parents, but the depends on the situation you are in and the type of loan you want to acquire. This includes the following type of loan:

  • Federal student loans: in some cases, to apply for FAFSA you don’t need to provide your parent’s financial information. This is only governed by the concept that you’re an independent student or due to some individual situation.
  • Private student loans: initially, undergraduate college students might not have the required credit or income to apply for a provided loan. This is more of the reason you see private student loans being co-signed. You might be able to get a student loan without a parent, but you must be ready to pay it back.

In addition, before, considering taking student loans, you can weigh other scales that you don’t need to pay back including scholarships and grants.

How to Get a Student Loan Without your Parents with Federal Student Loans

Students interested in getting student loans without parents can start with federal student loans. This is because it offers borrower protections and does not have the same credit requirement as private loans.

Before you can apply for a federal student loan, you need to complete FAFSA (Free Application for Federal Student Aid). Fill out the required information to finalize your dependency status. This determines whether you can borrow a loan without a parent and also how much can you borrow.

However, there are factors that influence the level of impact in taking out student loans without a parent.

Independent or dependent student

For a dependent student, the U.S. Department of Education is the one that evaluates your financial aid according to your income and your parent’s income.

Students classified as independent students are graduate and professional degree-seeking students. The requirement to take out a loan without a parent for undergraduate students is determined by the Department of Education. While for independent students, here are the requirement:

  • At least 24 years old
  • Married or separated.
  • Working master’s degree and doctorate program
  • A veteran of the U.S. armed forces, and more.

In addition, when applying for federal student loans as an independent student, you’ll be required to provide Social Security Card, State-issued ID, most recent W-2 forms, and others.

Application for Federal Student Loans as Dependent Student

Dependent students are requested to provide certain documents that also include documents about their parent’s income. However, the method which you can use to apply for federal student loans without parent information as a dependent student is requesting a dependency override and filling out FAFSA without your parents.

How to Get a Private Student Loan Without Parents

In case you don’t see scholarships, and grants as an option to cover the expense while in school. Private student loans are another option you can try out. However, to get a private student loan without a parent, you’ll need to provide a credit history or add a co-signer to the loan. This is more of the reason it difficult to get approved, but you can view other options that include

  • Ask your relative to co-sign for you.
  • Also, you can find a lender that does not need or require a co-signer.
  • Lastly, you can check out ways how to increase your credit score and income.

Can a Student Get a Loan Without a Job?

Yes, you can get a student loan without a job, but you’ll be required to provide a co-signer. A co-signer helps you to pay off your loan in case you can’t make the payment.


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