What are the eligibility requirements for student loan borrowing?

The eligibility requirements for student loan borrowing through Great Lakes Higher Education Corp. are as follows: the borrower needs to be a U.S. citizen or eligible non-citizen, must have a valid Social Security Number, and should be enrolled as at least a half-time student at an eligible school. Additionally, the borrower must have a good credit history or a cosigner with good credit (for private loans), meet the satisfactory academic progress standards, and not be in default on any previous student loans. The borrower should have a steady source of income to make timely loan payments and must not have any prior convictions for drug-related offenses while receiving federal student aid. Meeting these eligibility criteria is necessary to potentially secure a student loan from Great Lakes Higher Education Corp.