1) The standard rate for a federal student loan that does not require a co-signer is now 8. 25 percent.

2) Are you a cosigner on anyone else's loan?

3) Did you ever require a cosigner for a loan?

4) Most privatelenders require student borrowers to have a cosigner.

5) Few cosigners know, however, that most lenders allow the cosigner to exitthe contract if loan payments are made on time for the first 12 to 48 monthsand the graduate has excellent credit.

6) The ideal answer is no, as requiring a cosigner for a loan indicates a lack of financial preparedness.

7) Private lenders often tout thebenefit of an adult cosigner, saying that because students don't have much of acredit history, the a co-signer's good standing can help secure a lowerinterest rate.