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Private Loans for U.S. Students

Looking for information from schools who certify private student loans for their U.S. students. Particularly if you have worked with Ernst .

From what I see, the school would need to be set up on their system, and give the loan periods, graduate dates, certify the loan amount, give COA, disbursement dates etc.


I am looking for:

  • it there much involved to this process and/or any accountability other than confirming the enrolment?

  • do you need to track that the student remained in school? marks?

  • did your finance area need to be set-up to receive the funds etc?

Not sure what else to ask but any information would be appreciated.


To date we have NOT participated in any U.S. Private loan programs - the U.S. Direct Loan process and VA are enough for the 3-5 students we get per year.

Thanks.

Pam


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