How is Columbia Colleges lender list compiled?
The college considers the following criteria for preferred providers: • The ability for the lender to provide the best front-end fee structure to the student and ability to provide good servicing during the life of the loan. • The ability of the college to work with the lender to process loan requests, communications, and disbursements in an electronic format and through a centralized and standardized processor. Lenders that have been removed from the list were not able to satisfy this criterion. Students do have the option to originate a loan through a non-preferred lender.
