How are loan funds from a non-preferred lender disbursed?
Loan funds will be sent via postal mail to Columbia College on or after the loan disbursement date. Checks will be made out to Columbia College and the borrower. Checks will have to be endorsed before funds can be credited to the student’s account. Once the check is received the student will be contacted (via phone or mail depending on campus location) to endorse the check. The check will then be sent to the Accounting Office to have funds credited to the student’s account.
