Can a college student get a loan without parents co-signing? Our FAFSA is done for our two college students, but we don't qualify for federal loans or grants. Due to challenging circumstances, we are in financial difficulties even though we both earn good salaries. My daughter will start her junior year of college this fall, and we have co-signed for her up until now. My son will be a college freshman this fall, but so far other than the FAFSA we have done nothing financially yet. What other options do we have?