Legal analysis
For student loans, co-lenders need to have a stable and legal source of income and share the obligation to repay loans. A co-lender shall meet the following conditions: 1. Natural persons aged 30-60; 2. The registered permanent residence is in the same area as the student applying for the loan; 3. Have a stable and legal source of income; 4. Other conditions stipulated by the lending institution. Note: 1. Identification order of co-lenders: parents, grandparents or siblings, other relatives or legal guardians. 2. Student loans do not need to pay interest within the specified time. 3. The students themselves shall bear legal responsibility for the authenticity of the certification materials provided by them. Although it is impossible to apply for a student-origin student loan without co-borrower, the main body of the loan is still the student who applied for the loan, so the repayment responsibility is still borne by the student. Co-borrower is only equivalent to the second borrower, that is, when the borrower fails to repay, the bank will look for co-borrower. Co-borrower can't be a foreigner. The household registration must be in the same county (city, district) as the student's household registration before enrollment, and I must have the willingness to repay the loan; Co-borrower cannot have outstanding student credit loans or college student loans from the Development Bank.
legal ground
Article 518 of the Civil Code of People's Republic of China (PRC), if there are more than two creditors, and some or all creditors can request the debtor to perform the debt, it is a joint creditor's right; If there are more than two debtors, and the creditor can request some or all debtors to perform all the debts, it is a joint debt. Joint creditor's rights or joint debts shall be stipulated by law or agreed by the parties.