The following alternative financing options encompass lenders who have actively processed education-based loans for the Albertus Magnus College student body over the past three academic years. The institution did not receive any benefit from the participating lenders. However, if you wish to use another lender that is not on this list, you have the right to do so.
| Nelnet Monthly Payment Plan | ||||
|---|---|---|---|---|
| Plan | Interest | Fees | Repayment | Additional Information |
| Albertus Magnus College 203.773.8550 800.578.9160 prod.campuscruiser.com/ |
No Interest | $25 Per semester nonrefunable enrollment fee $25 fee if payment returned | Monthly payments, number of payments is subject to enrollment date | Easy online enrollment; monthly payment plan; flexible payment options |
| Federal Direct Parent PLUS Loan | ||||
| Lender | Interest | Fee | Repayment | Additional Information |
| Federal Direct Parent PLUS Loan 800.557.7394 www.StudentsLoans.gov |
7.9% Fixed Interest Rate | 4% Origination Fee | Repayment begins 60 days after loan is fully disbursed | 1.5% upfront instant principal rebate. If 12 on-time monthly payments are not made after entering repayment, the instant rebate will be reapplied to the principal of the loan. |
| Parent Alternative Financing Loan | ||||
| Lender | Interest | Fee | Repayment | Additional Information |
| Wells Fargo 800.658.3567 wellsfargo.com/student |
Variable APR - see wfefs.wellsfargo.com/jump/rates.html for up to date information | Zero Fees | Repayment begins after final disbursement of loan | No Satisfactory Academic Progress Required; Not available for prior owing balances; Student's may be enrolled less then half time, but must be ina degree-seeking proram; 0.25% interest rate reduction with auto debit payment; Borrow up to $25,000 per school year; Disburses directly to the Parent. |
| **Rates and Benefits as of July 1, 2010** | ||||
| **Rates and benefits are subject to change without notice** | ||||
