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I've learned many important things via your post. I would also like to express that there may be a situation that you will get a loan and don't need a co-signer such as a National Student Aid Loan. But if you are getting that loan through a conventional banker then you need to be willing to have a cosigner ready to assist you to. The lenders can base their decision over a few aspects but the most significant will be your credit ratings. There are some lenders that will furthermore look at your work history and determine based on this but in most cases it will depend on your score.