First-time borrowers at Anna Maria College must also complete an entrance interview counseling session before the Stafford Loan is processed to learn their rights and responsibilities as a borrower. If a student is a previous Stafford Loan borrower, the previous lender will process the new loan. A new borrower's loan will be processed through one of our four preferred lenders. Repayment is over a ten-year period. The federal government pays the interest while the student is in school.
Interest begins accruing once the lender disburses the loan.
Other Options Alternative loan programs that are offered by lending institutions are accepted by Anna Maria College. The MEFA Graduate Loan, the TERI Loan, PEP Loan, and MBA Loan are some that have been processed in the past. A student interested in these loans should contact the Financial Office. Veterans who are eligible to receive educational benefits should consult the College Registrar for specific details about application and enrollment certification. Although loans are all that are offered by Anna Maria College its Graduate Students, there are grants and scholarships that you may qualify for.