AMS School Benefits
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AMS is a top national lender of FFELP and private loans.
At left are the loans/services we offer at your school.
Click to view special borrower benefits.
The AMS 0% Origination Fee Stafford Loan with Graduation Bonus
When you chose the AMS® 0% Origination Fee Stafford Loan with Graduation Bonus®, you may be eligible for additional benefits that will lower your interest rate, let you earn up to 4% in loan credits, and save you money! Here's how:
- Earn a 2% loan credit after your first on–time payment*
- Earn a 0.50 percentage point interest rate reduction when you choose automatic debit of your payment from a checking or savings account*
- Earn another 2% loan credit after your first 12 on–time payments*
- Earn back the interest on the first-year of your first unsubsidized Stafford Loan*
* Terms and conditions apply. We will pay the 1.5% origination fee on the borrower's behalf on Stafford Loans for academic year 2007-2008. The automatic-debit benefit is available during active repayment for as long as the borrower's monthly payment is successfully deducted from his/her bank account. To qualify for the Graduation Bonus first-year interest payment and 4% in loan credits, the borrower must sign up on Internet Borrower Inquiry System (IBIS), prior to entering repayment, to receive account information by e-mail, make the required number of payments by the due dates as intially scheduled and provide proof of graduation. Loan credit borrower benefit is based on the original principal loan amount (less cancellations. refunds and returns). Borrower benefits are effective for loans owned by Sallie Mae and serviced by Great Lakes and first disbursed July 1, 2007 through January 31, 2008.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.
AMS and Graduation Bonus are registered service amrks of Academic Management services Corp. Sallie Mae is a registered service mark and Manage Your Loans is a service mark of sallie Mae, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., are not sponsered by or agencies of the United States.
The AMS Parent PLUS Loan
When you chose the AMS® as your Parent PLUS lender, you may be eligible for benefits that will lower your interest rate and let you earn a valuable loan credit! Here's how:
- Earn a 0.50 percentage point interest rate reduction—after your first on–time payment—with a one–time benefit reinstatement opportunity*
- Earn a 3.75% loan credit after your first 12 on–time payments*
* Terms and conditions apply. To qualify for the 0.50 percentage point interest rate reduction and the 3.75% loan credit, the borrower must sign up on Internet Borrower Inquiry System (IBIS), prior to the first payment due date, to receive account information by e-mail and make and make the required number of payements by the due dates as intially scheduled. The 0.50 percentage point interest rate reduction benefit continues during active repayment for as long as the borrower continues to pay as initially scheduled. Loan credit borrower benefit is based on the original principal loan amount (less cancellations, refunds and returns). Borrower benefits are effective for loans owned and serviced by Sallie Mae and first disbursed July 1, 2007 through January 31, 2008.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.
AMS and Graduation Bonus are registered service marks of Academic Management Services Corp. Sallie Mae is a registered service mark and Manage Your Loans is a service mark of Sallie Mae, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., are not sponsered by or agencies of the United States.
The AMS Graduate PLUS Loan
When you chose the AMS® as your GradPLUS lender, you may be eligible for additional benefits that will lower your interest rate from 8.5% to 6.75%, and let you earn a 3% loan credit! Here's how:
- Earn a 0.25 percentage point interest rate reduction—for the life of the loan—when your loan is first disbursed*
- Earn a 0.50 percentage point interest rate reduction when you choose automatic debit of your payment from a checking or savings account*
- Earn a 1 percentage point interest rate reduction—after your first on–time payment—with a one–time benefit reinstatement opportunity*
- Earn a 3% loan credit after your first 36 on–time payments*
To Apply:
Step 1:
Get Pre-Approved.
To get instant pre-approval for a Grad PLUS Loan, complete our short Early PLUS Credit Review.
(Find out in just seconds if you qualify.)
Step 2:
Once you have been pre-approved for a GradPLUS Loan, you must complete a Master Promissory Note (MPN) prior to loan disbursement.
* Terms and conditions apply. The 6.75% interest rate assumes the borrower takes advantage of all available interest rate reductions. The automatic-debit benefit is available during active repayment for as long as the borrower's monthly payment is successfully deducted from his/her bank account. To qualify for the 1 percentage point interest rate reduction and the 3% loan credit, the borrower must sign up on Internet Borrower System (IBIS), prior to the first payment due date, to receive account information by e-mail and make the required number of payments by the due dates as initially scheduled. The 1 percentage point interest rate reduction benefit continues during active repayment for as long as the borrower continues to pay as initially scheduled. Loan credit borrower benefits are based on the original principal loan amount (less cancellations, refunds and returns). Borrower benefits are effective for loans owned and serviced by Sallie Mae and first disbursed July 1,2007 through June30, 2008.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.
AMS and Graduation Bonus are registered service marks of Academic Management Services Corp. Sallie Mae is a registered service mark and Manage Your Loans is a service mark of Sallie Mae, Inc. SLM Corporation and its subsidiaries, including Sallie Mae, Inc., are not sponsered by or agencies of the United States.
AMS's Signature Student Loan®
AMS is pleased to offer the Signature Student Loan - a popular, private education loan that allows you to borrow up to the full cost of your college education.
The Signature Student Loan features:
Competitive interest rates that reward creditworthiness
- No income requirement for students
- No payments while you’re in school and a six month grace period after you leave school1
- Eligibility for undergraduate, graduate and health professions student senrolled at least half time at an eligible community college, four- or five-year college or graduate or professions school
- International student eligibility with a cosigner (U.S. citizen or permanent resident) and applicable CIS documents
- Combined billing when you have multiple Sallie Mae-serviced student loans
TuitionPay Monthly Plan
The TuitionPay Monthly Plan is an interest-free, debt-free way to spread tuition payments over a number of months. The TuitionPay Plan is not a loan, so there are no interest payments; only a low annual enrollment fee. Used alone, or in conjunction with loans, the TuitionPay Plan can help you reduce the amount you need to borrow, which saves you money and keeps debt to a minimum after you graduate.