Cosign a Private Student Loan
Frequently Asked Questions
How long will the process take?
The process can take approximately 4-6 weeks. Find out more about all the steps in the
Private Student Loan Application Process & Timeline.
Do I need a cosigner?
A cosigner may be necessary, for example:
- If you have less than 2 years of credit history; or
- If your annual income is less than $10,000
Can I apply if I don't have a Social Security number?
Both the student and the cosigner must have a Social Security number to apply.
Is membership required for the cosigner?
No, membership is not required for cosigners. Only the primary borrower must be a member of UW Credit Union.
Who is Cology?
Cology is a business partner that processes our Private Student Loan program for us. When you submit an application, mail in documentation, or
call with questions, you will be working directly with Cology. You can reach Cology at 877-490-6634.