What are our cosigner release requirements? Every institution will have different cosigner release requirements. At Nelnet Bank, a request for the cosigner to be released can be made by either the borrower or cosigner once the conditions of the cosigner agreement have been met. You can read the terms of our cosigner agreement here: nelnetbank.com/faqs/#student-loans Member FDIC. #NelnetBank #NNBScholarship #FinanceWithNelnet #StudentLoans #FinancialEducation