If you do have a bad credit records, you happen to be able to get accepted having a cosigner This might be greater than the eye cost to the other sorts of government college loans, hence currently start around 5 you should be the fresh new physical otherwise adoptive father or mother of a dependent student student, brand new scholar have to be enrolled at the very least half-amount of time in a being qualified establishment, and you will no one should features a bad credit history. Both you and your boy must satisfy general federal college student aid requirements, instance are good U.S. resident or permanent citizen and completing new Totally free Application having Federal College student Help (FAFSA).