Private Loan Resources

Before you apply for a private student loan, we recommend that you exhaust your eligibility for federal and state grants, and federal direct loans (Subsidized, Unsubsidized and PLUS) first. The terms and conditions of federal loans are typically more favorable than those of private loans.

Matriculated students with a complete Free Application for Federal Student Aid (FAFSA) on file with Birthingway will receive an award letter with the maximum amount of federal grant and loan assistance available to them for the award year. This information will be very useful to you when determining how much private loan assistance you may want to seek.

All students have a responsibility to notify the Financial Aid Officer if they are borrowing private student loans, so that these loans may be added to the award letter.

What is a Preferred Lender List?

We developed a Preferred Lender List for private student loans in order to help you find the best solutions for funding your education.

Originally, Birthingway decided not to have a preferred lender list because we did not want to limit or direct our student’s borrowing choices to any specific lender. Our goal, instead, was to provide all students with tools and questions for researching lenders and comparing/contrasting loan products. However, we found over time that many of our students had difficulty navigating the private student loan world, and that it was necessary to take a more proactive step to develop a preferred lender list.

A Preferred Lender List is a published list of private loan lenders that is assessed and compiled by Birthingway, and made available to prospective student borrowers. Our belief now is that a preferred lender list will provide a comparison of selected lenders in relatively consistent terms in order to reduce confusion, and assist borrowers and their families in making the best-informed decisions.

Please note that Birthingway does not endorse one lender over another. We encourage our students to shop around for lenders and to feel free to select lenders that do not appear on our list. We will not deny or otherwise impede your choice of a lender that is not included on the list. We also adhere to a Loan Program Code of Conduct with regards to our relationship with lenders.

For tools and questions to ask when researching other private student loan lenders, please read these two documents:

Questions To Ask Before You Borrow
What To Expect When You Are Borrowing

Lender Criteria

Birthingway reviews the Preferred Lender List annually, and will update or change the lenders as necessary. Lenders are generally selected by Birthingway for review because we have heard about them from students or through mailings/advertisements; we have worked with them in the past; other Portland area post-secondary schools include the lenders on their list; or they otherwise came up in our research of preferred lender lists. Lenders are contacted with a Request for Information, which they may then choose to return to Birthingway. Their responses are evaluated using the criteria listed below.

Lender Stability:

  • Years in service
  • Mission
  • Default Rate
  • Debt management programs

Loan Terms:

  • Competitive interest rates
  • Low/no fees
  • Availability of borrower benefits
  • Multiple repayment options
  • Deferment/forbearance options

Customer Service:

  • Ease of loan processing for borrower
  • Customer call center with sufficient hours/accessibility
  • Web-based services for borrowers
  • Financial literacy and/or struggling borrower support

School Relationship:

  • Ease of loan processing for school
  • Marketing representative assigned to Birthingway
  • Availability of school customer service support

Preferred Lender List

These are our preferred lenders. Please read the disclosures below for more details about each lender. Visit each lender’s website for more information.

Updated June 19, 2019

Discover Loan Disclosure

Sallie Mae Loan Disclosure

SunTrust Loan Disclosure

Union Federal Loan Disclosure

Gainful Employment Disclosures

Birthingway has compiled our Gainful Employment Disclosures for our Certificate in Midwifery below. If you have any questions about these disclosures, please contact our Midwifery Program Coordinator.

Gainful Employment Disclosures – 2019

Program Name: Undergraduate Certificate in Direct Entry Midwifery

This program is designed to be completed in: 3 Years

This program will cost $76, 817 if completed within normal time. There may be additional costs for living expenses. These costs were accurate at the time of posting, but may have changed. This includes an estimated cost for books & supplies.

Of the students who completed this program within normal time, the typical graduate leaves with $* of debt. *Fewer than 10 students completed this program within normal time. This number has been withheld to preserve the confidentiality of the students.

  1. Program meets licensure requirements in the following States: Oregon

For more information about graduation rates, loan repayment rates, and post-enrollment earnings about this institution and other postsecondary institutions please click here:

Created: 05/29/19