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Yes. You can apply to release your cosigner after making the first twelve (12) consecutive, regularly scheduled full principal and interest payments on-time and meeting the other eligibility criteria to qualify for the loan without a cosigner, including meeting the program requirements for a solo student borrower. The student borrower must make the request to release a cosigner directly with Launch Servicing or the loan holder. The borrower must have graduated from the same degree program or a degree program of the same level that the loan(s) were used to fund. For full eligibility requirements, visit our Borrower Benefits page.
Note: The option to apply to release the cosigner is only available to student borrowers who are a U.S. citizen or U.S. permanent resident and is not available to students who are not a U.S. citizen or U.S. permanent citizen.
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