Alternative Loans

Up to the cost of attendance

Have you added up all of your scholarship, grants, federal loans, and state aid, and found that there’s still a gap? Alternative loans can sometimes help bridge the gap between the “sticker price” and all the aid and other loans you’ve received.

Alternative loans are offered by lending institutions such as banks and credit unions, and they usually come with higher interest rates than federal loans. In addition, they may require a cosigner. Each institution is different, however, so be sure to do your research to find the alternative loan that best meets your needs!

Application Process

Search for lenders online at elmselect.com.

Requirements

  • All students.
  • Not need-based.

About the Loan

  • Student loans made through a lending institution.
  • Normally requires a cosigner.
  • Loan features, interest rates, and payment terms will vary by applicant.

Questions? Don’t hesitate to reach out to the Financial Aid Office at financialaid@corban.edu or 503-375-7006.

NWCCU ACCREDITATION

Corban University is accredited by the Northwest Commission on Colleges and Universities (NWCCU) and completed a Year-Seven Comprehensive (Evaluation of Institutional Effectiveness (EIE)) in 2022 for continued accreditation. The comprehensive self-study was followed by an onsite evaluation in October 2022. In February 2023, Corban received reaffirmation of its accreditation for 7 years. Corban University’s last Mid-Cycle Evaluation was fall 2018, and its Policies, Regulations and Financial Review (PRFR) was completed in fall 2021. As of our most recent evaluation, Corban University is compliant with the Standards, Policies, and Eligibility Requirements of the NWCCU.