Subsidized Loans
These loans do not accrue any interest as long as you are at least a half-time student.
Pay for College in 5 Steps
When it comes to college, the advertised tuition and fees, or "sticker price," is not what most students pay.
Financial aid options, including scholarships, grants, and student loans, will help cover the cost of your college education.
- Scholarships: Financial aid awarded to students based on merit, skill, or affiliations.
- Grants: Funds gifted to students based on financial need.
- Student Loans: Money borrowed for education and paid back after school, with interest.
On-campus jobs and payment plans can also help make a college education affordable.
Keep reading for more information about the financial aid process at Corban and how to navigate it.
1. Submit the FAFSA
FAFSA is the Free Application for Federal Student Aid. Submit the FAFSA every year to help determine your eligibility for:
- Federal, state, and Corban grants
- Federal student loans
We recommend you complete the FAFSA even if you don’t think you’ll qualify for federal aid. You may be eligible for more than you think! FAFSA information is also used to award grants from Corban.
The FAFSA opens in October for the following school year. File as soon as possible!
You’ll need:
- Your (and your parents’) tax information from 2024 (for the 2026-2027 school year).
- Corban’s FAFSA code: 001339
This code allows your information to be shared with Corban so we can put together your financial aid offer.
Alternatively, undocumented Oregon residents can file the Oregon Student Aid Application (ORSAA) instead of a FAFSA to get similar benefits.
2. Receive Scholarships and Grants
Scholarships and grants are free money awarded to students specifically to fund their education. Many individuals and organizations want to award scholarships to students with financial needs based on factors like your interests and activities, your major, or where you live.
As a new traditional undergraduate student at Corban, you will automatically be awarded an academic scholarship of $9,000 or more, based on GPA. We also offer scholarships for athletics, music, visiting campus, and more. Corban awards more than $13 million a year in scholarships and grants.
For even more scholarship opportunities, explore outside resources like scholarship search sites and local organizations and apply for as many scholarships as you can!
You’ll receive your financial aid offer after you have applied for admission to Corban and been accepted. We begin sending out offers in early spring for the following academic year.
3. Get a Part-Time Job
Whether you work on campus or find a role in the community, a part-time job can help you pay for school and build your work experience!
Campus jobs are open to all students and are a great option for you to work around your class schedule…and walk to work! If you’ll be bringing a car to campus, you can also explore a variety of part-time opportunities in the Salem community. Students who work 10 or 15 hours per week during school typically borrow less than students who don’t work.
4. Qualify for Student Loans
Student loans are money that you borrow to pay for school and then pay back after school, with interest. Your FAFSA is your application for federal student loans. Once you find out how much you qualify for, you will be able to log in to your financial aid account and accept the amount of loans you need.
Unsubsidized Loans
These loans accrue interest while you are in school.
You are not required to take out a loan just because you qualify, but they can help cover costs after scholarships and grants.
If you need additional resources after scholarships, grants, and federal student loans, you might consider these options:
Private loans can be borrowed by the student with a co-signer. ElmSelect.com is a great tool for finding private student loan options through banks, credit unions, or other sources. These are non-need-based student loans made through a private lender. Compare loan terms and conditions from a variety of private lenders. Loan features, interest rates, and payment terms will vary by applicant.
Direct PLUS Loans for Parents: Loans taken out by parents/guardians on behalf of their students. These loans tend to have higher interest, but are an option for individuals that need additional aid. Loan funds are disbursed to the student’s account each semester. Payment terms can be chosen at the time of application. There is a loan fee withheld from the amount borrowed.
5. Pay Your Balance or Set Up a Payment Plan
If you have applied for financial aid, be sure all necessary documents to complete your financial aid file are received and your aid has been accepted at aid.corban.edu.
In July, log in to Populi to see your student account billing information for fall semester. Billing for spring semester is available in December. To see your account, go to corban.populiweb.com and sign in with your user ID and password. Open your “Financial” page with the tab near the top of the page under your name. There you will be able to view the charges, credits, and balance of your student account.
By the Friday before classes begin, log into Populi to pay any remaining costs not covered by scholarships, grants, or student loans (should you choose to borrow them), or to establish a payment plan to make monthly payments toward your bill.