Private Loans Disbursement

Private educational loans are disbursed in a variety of ways. Some lenders send checks that are payable directly to the student borrower, others send checks that are co-payable to the student borrower and Columbia University or transmit funds electronically directly into the student’s University account.
If the check is co-payable to you, the student borrower and Columbia University, the check must be endorsed for deposit into your University account.