Health + Care

At Cornerstone University, you’ll get the full college experience with a Christ-centered worldview. Learn more about the undergraduate experience below.

Transform + Achieve

Persevere in what you know you’re capable of. Our programs for adults provide a creative approach to learning anchored in Christ-centered virtues as you follow your unwavering purpose.

Transform + Achieve

Go further as an influencer in your work and community. Our graduate programs prepare you to open new doors as you reach your God-given potential.

Grand Rapids
Theological Seminary

At Grand Rapids Theological Seminary, we're dedicated to learning, serving and leading through rigorous scholarship and a humble approach to Scripture.

Create Without Ceasing

AdultResources to help you
move forward

Explore Adult

Loans

At Cornerstone University, we’re dedicated to equipping you with the knowledge and resources to help you make wise financial decisions as you pursue your degree. Use loans wisely as you make this investment. By working with your student financial services specialist, you’ll move forward with confidence in knowing exactly the steps to advance without taking on excessive student debt.

Subsidized and Unsubsidized Loan Types

When using loans to make this investment, you will be awarded the maximum subsidized and unsubsidized loans available to you. The difference is based on when the interest begins on the loan. Subsidized loans are always awarded first; unsubsidized loans are secondary.

  • Subsidized loans do not accrue interest while you are enrolled in school. The interest begins to accrue after you graduate or if you withdraw. Because of the delayed interest, subsidized loans should be your first option.
  • Unsubsidized loans begin to accrue interest right away. You’ll need to begin repaying the loan six months after you graduate or if you withdraw.

Annual Loan Limits

To make the best decision about how much to borrow, it’s important to know the annual limits. The aggregate loan limit is $57,500. No more than $23,000 may be in subsidized loans. The following are the 2018 annual loan limits.

  Limit for Subsidized Loans Limit for Unsubsidized Loans
0-24 Credits $3,500 $6,000
25-57 Credits $4,500 $6,000
58+ Credits $5,500 $7,000

Note: These loan limits and aggregate amounts are for independent students.

FAFSA

To be qualified to receive financial aid, you’ll need to complete the Free Application for Federal Student Aid (FAFSA). To do so, you’ll need to establish a Federal Student Aid ID (FSA ID), use one that you already created or use the FAFSA’s site to find your ID if you’ve forgotten it.

Visit the FAFSA website to start the application. In order to get all benefits available to you, you may need to complete two FAFSA forms at the same time for different award years. As you journey through the online FAFSA, helpful tips are on the right-hand side and your enrollment counselor is always willing to help walk you through the application. Cornerstone’s Federal School Code is 002266.

Be sure to import your tax information to save time. The FAFSA must be completed at least three weeks before the start of your first course. To be eligible for the Michigan Tuition Grant, the FAFSA must be completed before March 1. In addition, please note that you’ll need to complete the FAFSA each year to remain eligible for aid.

Loan Entrance Counseling and Master Promissory Note

You’ll need to complete the loan entrance counseling and master promissory note, which ensure you know what to expect in receiving financial aid for your degree program. It’s important that you are using the same FSA ID and password that you used on your FAFSA.

Applying Your Financial Aid

When you receive your first financial aid award letter, you’ll see the maximum loan amount you’re able to take out. With your awarded financial aid, you also have two options of how you’d like to apply your financial aid.

  • Option 1 (recommended): Your financial aid funds will be held on your student account so that it covers your classes in the best way possible. Any excess funds within the half of the loan period will be sent to you.
  • Option 2: CU uses your financial aid to pay for your first class and then sends everything else to you. In this case, you’ll be considered a cash paying student and will be responsible for paying your bills course by course until your next disbursement.

Electing to use financial aid to cover any additional fees that may arise can help to make the process easier or you can choose to be billed for the fees separately.

Remember that your financial aid award may not cover the full cost of tuition. You’re responsible for paying any remaining costs after the aid is applied. If you withdraw or break the attendance policy, your aid may be returned and can result in a balance on your account.

Responsible Borrowing

You’ve likely heard that students can feel overwhelmed by student debt. Some students borrow the maximum amount and then leave college as soon as the check comes. Other students borrow more than is needed for tuition and books; they’re living off loan checks. And a number of students have loans that are aggregated, delinquent or in default.

At Cornerstone University, we’re here to give you the information you need to make wise choices with how you pay for school so that you can thrive during your time here and after you graduate. You don’t need to be overwhelmed by student debt. Counter the student loan debt crisis by practicing self-control and following these responsible borrowing strategies:

  • Borrow only what you need to.
  • Control your student loan debt by knowing all grant and loan information accessed at the NSLDS website. This national database shows every student loan and grant under your name and its status. It also provides you an opportunity to ensure you have no outstanding debt you are unaware of or that your loans are not in default.

Admissions Office

Hours

MON - THURS: 8 a.m. - 6 p.m.
FRI: 8 a.m. - 4 p.m.
SAT & SUN: Closed

Want to Learn More About CU?

Connect With CU

Undergraduate

At Cornerstone University, you’ll get the full college experience with a Christ-centered worldview. Learn more about the undergraduate experience below or explore campus with a virtual tour.

Adult

Persevere in what you know you’re capable of. Our programs for adults provide a creative approach to learning anchored in Christ-centered virtues as you follow your unwavering purpose.

Graduate

Go further as an influencer in your work and community. Our graduate programs prepare you to open new doors as you reach your God-given potential.

Seminary

At Grand Rapids Theological Seminary, we’re dedicated to learning, serving and leading through rigorous scholarship and a humble approach to Scripture.

Search In: