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How is my Sallie Mae Monthly Payament Plan (Formerly Academic Management Services (AMS)) contract applied to my bill?

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How is my Sallie Mae Monthly Payament Plan (Formerly Academic Management Services (AMS)) contract applied to my bill?

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When you contract with AMS you contract with them for the year. Since the College is only billing for one semester, we will split your AMS contract in half and apply that as a direct credit to the account. For example, if you contracted with AMS for $10,000 for the year, you will see a credit on this semester’s bill for $5,000. You would then expect the same credit for the second semester bill.

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