(a) To be eligible to be cosigner for an otherwise eligible student, a person must:
- (1) be at least 21 years of age;
- (2) be a United States citizen, or a permanent U.S. resident;
- (3) reside in the United States or a U.S. territory;
- (4) have a regular source of income; and
- (5) receive a favorable credit report evaluation, as defined in §24.1 of this chapter (relating to Definitions).
- (b) A spouse may not act as the cosigner for the student.
Source Note:The provisions of this §24.44 adopted to be effective November 13, 2025, 50 TexReg 7278.