Frequently Asked Questions: Cosigner Application

Below is a list of frequently asked questions. If you need to look up a term or acronym, use our glossary.

Yes, cosigners are considered co-borrowers and are equally responsible for repayment of the loan.

Discover originated loans do not provide an option for cosigner release. Cosigners are responsible for the life of the loan. If you are a cosigner on a loan purchased and serviced by Discover, find out more information about cosigner release.

If the student has already submitted an application and selects you as a cosigner, we will send you an e-mail with a unique 6-digit code called a Cosigner Key. You can use this Cosigner Key to start your cosigner application.

If you do not receive an e-mail from us, ask the student for the Cosigner Key or you can call us at 1-800-STUDENT to apply.

If the student has not started their application, you can submit a cosigner nomination form. This is not a loan application unless and until the student elects to add you as a cosigner upon submitting their application. In that event, you will have the opportunity to review and accept the loan terms before signing the loan documents and becoming obligated for it.