PLUS Isn't Just for Parents Anymore!
PLUS for Graduate and Professional Students
Your graduate students will enjoy big savings. And you will have the ability to offer your students even more flexibility and choice when it comes to education funding.
The Federal PLUS Loan program for graduate and professional students can be a great option for students who need funds beyond Stafford Loan limits.
And AMS has developed a borrower benefit for GradPLUS borrowers to make it even more attractive. When your graduate and professional students choose AMS as their GradPLUS lender, they can reduce their interest rate from 8.5% to 8.25%.
- Other Advantages of an AMS GradPLUS:
- Graduate students can borrow up the full cost of education annually.
- Approval is not based on the borrower's income, financial need or debt-to-income ratio.
- Borrowers may defer principal and interest payment while they are in school.