Loan Programs
Anna Maria College is pleased to offer a variety of financing options to help students fund their education. Listed below are the types of programs in which Anna Maria College participates. We have also provided a variety of lenders in no particular order. You are not required to use any of the lenders or products we have listed. Anna Maria College will work with any lender of your choice.
Student Alternative Loans
These are available to students generally with a creditworthy co-signer. Repayment of a student loan typically begins after graduation, following a six month grace period. Listed below, in no particular order, are some available loan products. You do not have to choose one from this list; however, the lender from which you choose to borrow must be willing to lend to Anna Maria College.
To view, compare, and apply for student alternative loans, click here.
Federal Direct Stafford Loans
Federal Direct Stafford loans are awarded to students by the Financial Aid Office and are included as part of the financial aid package. If you choose to decline the loan, complete the Direct Loan Decline form which can be found in the Financial Aid Documents Section. Click here to complete the Federal Direct Loan Master Promissory Note (MPN) and Direct Loan Entrance Counseling.
Federal Direct Parent Loans
These are available to creditworthy parents. Generally, repayment begins immediately after the funds are fully disbursed to the school. Depending upon the lender and product you choose, you may have the option of deferring repayment. For more information on the Federal Direct Parent PLUS loan, click here.
Monthly Payment Plans
An interest-free monthly payment plan is offered for the fall semester and the spring semester with five payments due for each term. An enrollment fee of $50 is charged for each plan upon enrollment. To enroll or learn more please go to https://mycollegepaymentplan.com/annamaria.
Graduate Financing Options
Anna Maria College offers a number of financing options to help graduate students fund their education. Listed below are the types of programs in which AMC participates.
Federal Unsubsidized Stafford Loan
Graduate students must be accepted into a degree program and be enrolled at least half-time (one course/three credits) per semester in order to be eligible for federal financial aid in which they can receive up to $20,500 annually in Unsubsidized Stafford Loans. To apply, complete the Free Application for Federal Student Aid (FAFSA).
In order to maintain financial aid eligibility, students are required to meet the academic standards as outlined in our Graduate Satisfactory Academic Progress Policy.
Student Alternative Loans
These are available to students generally with a creditworthy co-signer. Repayment of a student loan typically begins after graduation, following a six month grace period. Listed below, in no particular order, are some available loan products. You do not have to choose one from this list; however, the lender from which you choose to borrow must be willing to lend to AMC.
To view, compare, and apply for student alternative loans, click here.
Monthly Payment Plan
An interest-free monthly payment plan is available. Choose from either an annual or semester-based plan. An additional enrollment fee is required for the semester-based plan. Learn more by going to https://mycollegepaymentplan.com/annamaria.
International Student Loans
A list of lenders can be found here. Please seek the column that states International, as you will see which lenders will lend to international students. In most cases, loan approval will require a credit worthy cosigner who holds U.S. citizenship. Some lenders may also allow a cosigner who is a non-citizen as long as they have a US Social Security Number and credit history. To view, compare, and apply for student alternative loans, click here.
Federal Loan Repayment
Anna Maria College has partnered with ECMC Solutions to provide student loan counseling and support to borrowers as they navigate federal student loan repayment. Click here for more information on how ECMC can assist you.
If you have any questions along the way, please contact the Admission Office by email at financialaid@annamaria.edu or by phone at (508)849-3366.