What makes AMS Student Loans Different?

Alternative Student Loans

Academic Management Services or AMS offers quality student loan programs for all students. AMS is a member of Sallie Mae and has helped over 4.5 million students pay for their education since 1970. Sourcing the required funding from AMS enables students to address college budgets and expenses. In contrast to the high debt loans, the funding helps achieve financial goals for students of all grade levels.

Take a look at the various funding opportunities open for various student communities:

AMS and Federal Loans for students

As a service provider, AMS enables students to access federal loans alongside those from private providers. Applying for the Stafford loan that comes along with a package deal of ‘no credit-check’ and whole decade for repayment is possible with AMS intervention. Federal Plus loan assistance from the AMS suite is available for both, parents and students. In the case of parents, the Plus Loans can be applied for directly via AMS. Applications that take minutes for completion can be availed of and submitted online.

Primary Education loans from AMS

You don’t have to be in college to qualify for a student loan anymore. AMS now offers the K-12 Family Education Loan. This loan amount is basically forwarded to parents requiring a private school education for their children. The terms of loan include:

• Parents should be U.S. residents
• They should flaunt a creditworthy fiscal history.
• The amount forwarded may range from $1000 to the total tuition cost.
• Funding for books, other school fees and activities may also be applied for.

AMS College Funding

AMS offers up to $50,000 to college students on condition that he or she should be attending a two-year college course and thereafter pursuing an associate’s degree. The AMS suite does not levy any limit on the choice of subject or credit history. As long as there is a creditworthy cosigner for the first two years of the loan tenure, bad credit does not stand in the way. The cosigner can be dropped beyond the period, giving the student the opportunity to builds his or her own credit history while studying. Loan repayments for college students are calculated for a term of 15 years, and in special cases even up to 30 years.

Subject Specific AMS Loans

Subject specific loans from AMS cover important subject choices such as MBA or Law. The loan amounts are offered to those students who pass the set federal criteria. It is essential for the student to be enrolled at an accredited graduate program. Proof of enrollment can bag loan amounts:

• $500 to the entire cost of education, with the guarantee of a cosigner
• $150,000 and $175,000 without a cosigner

Funding from AMS is also extended for alternative student loan programs. The website enables quick access to all information on loans, programs and online loan application links.