AMS School Benefits
AMS
is a top national lender of student loans offering a wide range of options to pay for college.
At left are the loans/services AMS offers at your school. Please review the special borrower benefits by clicking on the loan links, and work with your school to select the loan combination that best meets your needs.
We are committed to making the process as easy as possible. If you're not
sure which loan is right for you, call AMS at
After your student has applied for grants and scholarships that don’t have to be repaid, and explores a low-cost Stafford Loan, consider an economical Parent PLUS Loan to help cover the costs of college. With AMS as your PLUS lender, you can:
- Earn a 0.25 percentage point interest rate reduction for payments made via automatic debit*, and
- Access 24 x 7 online account management at www.SallieMae.com/Repayment
Other benefits of Parent PLUS Loans include:
- No income or collateral requirements
- Interest payments may be tax deductible
- No prepayment penalty
For loans first disbursed July 1, 2008–June 30, 2009, the interest rate on Parent PLUS Loans is fixed at 8.5%. The borrower is charged a 3% origination fee and a 1% default fee, which are deducted from the loan amount prior to disbursement.
Annual loan amount may be up to the cost of attendance less other financial aid received. More information about Parent PLUS Loans …
AMS Lender Code 833067
Federal Parent PLUS Terms and Conditions
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE CLOSE TO THEIR LOAN DISBURSEMENT DATE TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING LOAN PROGRAMS, INCLUDING BORROWER BENEFITS.
*Subject to the above, borrower benefits are effective for Parent PLUS Loans guaranteed 6/9/08–6/30/09. Assuming the loan is serviced by Sallie Mae, this benefit remains available during active repayment for as long as the borrower's monthly payment is successfully deducted from the borrower's account. If the loan is not serviced by Sallie Mae, other restrictions may apply as determined by the U.S. Department of Education.
After searching out grants and scholarships that don't have to be paid back, then maximizing your Stafford Loan borrowing, consider a low-cost Graduate PLUS Loan to help pay for graduate school. With AMS as your Graduate PLUS lender, you can:
- Earn a 0.25 percentage point interest rate reduction for payments made via automatic debit* and
- Access 24 x 7 online account management at www.SallieMae.com/Repayment
Other benefits of Graduate PLUS Loans include:
- No income or collateral requirements
- Interest payments may be tax deductible
- No prepayment penalty
For loans first disbursed July 1, 2008–June 30, 2009, the interest rate on Graduate PLUS Loans is fixed at 8.5%. The borrower is charged a 3% origination fee and a 1% default fee, which are deducted from the loan amount prior to disbursement.
Annual loan amount may be up to the cost of attendance less other financial aid received. More information about Graduate PLUS Loans …
Apply for a Graduate PLUS Loan »
AMS Lender Code 833067
Graduate PLUS Terms and Conditions
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE CLOSE TO THEIR LOAN DISBURSEMENT DATE TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING LOAN PROGRAMS, INCLUDING BORROWER BENEFITS.
*Subject to the above, borrower benefits are effective for Graduate PLUS Loans guaranteed 6/9/08–6/30/09. Assuming the loan is serviced by Sallie Mae, this benefit remains available during active repayment for as long as the borrower's monthly payment is successfully deducted from the borrower's account. If the loan is not serviced by Sallie Mae, other restrictions may apply as determined by the U.S. Department of Education.
AMS's Signature Student Loan®
AMS is pleased to offer the Signature Student Loan—a low-cost, private loan that allows you to borrow up to the full cost of your college education.
The Signature Student Loan features:
- Competitive interest rates based on your credit history
- Zero fees at disbursement
- No income requirement for students
- No payments while you’re in school
- Eligibility for undergraduate, graduate and health professions students
- International student eligibility
- Standard repayment term of 15 years.
Apply for a Signature Student Loan »
AMS Lender Code 900901
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.