What exactly is a co-signer or an income-driven repayment plan application?
A co-signer happens to be a spouse of an applicant who asks for the income-driven repayment plan request.
Do you know you are not responsible to repay the loan by sigining a borrowers IDR application as a co-signer.
Yes, I have read that I am not responsible to pay back the loan as a co-signer on my spouses IDR.
What if I do not have a reference number to co-sign?
Ask your spouse because they were sent an email containing the reference number or they can access the reference number by logging into StudentAid.gov.
Are there directions to access the reference number?
Yes, I can tell you how to find the reference number.
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How long will the co-sign process actually take?
Most of the time it takes about 10 minutes to complete the actual co-sign process and must be completed in one session.
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What if the applicant completed an Income-driven Repayment Plan request as part of a Direct Consolidation Loan Application?
Then they will have to click on the Direct Consolidation Loan Applications under My Loan Documents to locate and give you the co-sign code.
