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Private Loans

Education is an invaluable experience and one of the best investments in your future. It however requires a majority of student to find a variety of methods to fund that experience.

Students are encouraged to investigate all options available, within their own country or through scholarships and grants that are available globally, to ensure they leave CQUniversity with the lowest amount of debt possible.

Private loans should be used to cover the gap between the Cost of Attendance and the grants, scholarships and government backed loans.

Private loan programs differ from Federal Direct Loans in several important ways. Generally, it is the Federal Direct Loans which have more favourable terms. We encourage students to borrow their maximum in the Federal Direct Loans prior to borrowing from an alternative loan.

Interest rates are normally variable and can change on a quarterly basis. Students are responsible for researching the terms and conditions of all loan programs. Loan and interest rates are based on credit approval, and approval is not guaranteed.

CQUniversity is NOT involved in the credit decisions or denials for these loans. Questions are best addressed to the individual lender.

Loans are not federally guaranteed; therefore they do not have the same deferment, cancellation, and consolidation benefits.