NY.gov Portal State Agency Listing
NYS Higher Education Services Corporation - We Help People Pay for College High School Counselors Financial Aid Professionals

HESC Disclaimer Regarding the
Use of 'GoogleTM Translate'

Free Language Assistance

NYHELPs Cosigner Liability and Release

Cosigner Liability

Cosigners are equally liable for the repayment of the loan(s) for which they cosigned.

Cosigner Release

If a cosigner release option is available, a cosigner may be released from his/her responsibility if a borrower: *on-time payments are payments received within 15 days of the due date.

Upon entering into principal and interest repayment, payments must be made by the borrower directly, not a third party on the borrower’s behalf, in order to be eligible for Cosigner Release. To apply for Cosigner Release, contact Firstmark Services at 1-888-538-7378 or customerservice@firstmarkservices.com.