¹ According to a study by LendEDU ( https://lendedu.com/blog/state-of-private-student-loans-report ), the approval rate for students without a cosigner was 8.84%. Historical Edly application data shows more than 24% of applicants that apply without a cosigner meet our eligibility requirements.

² To qualify for payment deferment or forbearance, students must provide qualifying documentation, which may include historical or current pay stubs or proof of job search. See your IBR loan agreement for minimum income thresholds.