Student Loan Private

■ You must be the biological or adoptive parent (or, in some cases, the stepparent) of the student for whom you are borrowing.
■ Your child must be a dependent student who is enrolled at least half-time at a school that participates in the Direct Loan Program. Generally, your child is considered dependent if he or she is under 24 years of age, has no dependents, and is not married, a veteran, a graduate or professional student, or a ward of the court.
■ You cannot have an adverse credit history (a credit check will be done).
■ In addition, you and your child must be U.S. citizens or eligible noncitizens, must not be in default on
any federal education loans or owe an overpayment on a federal education grant, and must meet other general eligibility requirements for the Federal Student Aid programs.