Many borrowers have cosigner release forms that can be signed when the borrower has made a certain number of payments on time. (studentloans.net)
Some loans do allow for cosigner release, typically after the borrower has made a set number of payments on time (typically 3 years or more). (thecollegeinvestor.com)
Monthly fees often cover a set number of payments per month, and then the service charges a per - transaction fee. (toptenreviews.com)