Don't be a Statistic

​The average student borrows $27,000 in Federal Student Loans at Albertus Magnus College.

Over-borrowed on your loans? Return the overage to your lender to reduce your overall loan debt. Contact us to learn how today!

Know Before You Owe

Got Debt? Graduating Soon?
Know Before You Owe!

  1. Log into
  2. Select the loan you want servicer information forType of Loan
  3. Scroll down to find servicer contact informationServicer/Lender/Guaranty Angency/ED Servicer Information

For more information, or for help finding your servicer information, please contact the Financial Aid Office.

Don't Lose out on Potential 2015 Tax Benefits!

​Paid interest on your student loans prior to 12/31/14 while still in school? Use it as a tax write-off!
Don't miss out on potential Education Tax Credits! You may be able to claim a tax credit against your federal income tax for qualified tuition and related expenses. For more detailed information, see IRS Publication 970: Tax Benefits for Education.

American Opportunity Credit
The American Opportunity Credit is a tax credit for qualified education expenses paid for an eligible student, of up to $2,500 per eligible student. The student may be yourself, your spouse, or your dependent(s). If you take this credit, you may not also claim the Lifetime Learning Credit (as described below).

​Lifetime Learning Credit
The Lifetime Learning Credit is a tax credit for any person who takes college classes. It provides a tax credit of up to $2,000 on the first $10,000 of college tuition and fees. You can claim the Lifetime Learning Credit on your tax return if you, your spouse, or your dependent is enrolled at an eligible educational institution and you were responsible for paying college expenses. You need not be enrolled at least half-time. Even if you took only one class, you may take advantage of the Lifetime Learning Credit.

You can also view the NASFAA 2014 Higher Education Tax Benefits pamphlet for more information.

Invest Wisely: Only Fund the Gap

​Utilizing Outside Scholarships can help reduce your overall loan debt!

These websites will help you with your scholarship search:

Who's Your Servicer?

Want to know the servicer is for your federal direct loans?

  1. Log into
  2. Select the loan you want servicer information forType of Loan
  3. Scroll down to find servicer contact informationServicer/Lender/Guaranty Angency/ED Servicer Information

For more information, or for help finding your servicer information, please contact the Financial Aid Office.

Sign Up for SALT!

Ever wished you had a money coach to help you make better decisions about spending, saving, and borrowing money? Whether you're trying to keep enough dollars in your pocket to enjoy the occasional recreation, or wondering how to manage your student loan debt, chances are money is on your mind-a lot. Now, you have a free resource to help thanks to Albertus Magnus College and a new educational program: SALT.

What Is SALT?

SALT was created by American Student Assistance® (ASA), a nonprofit organization, to help Albertus Magnus College students like you become more financially savvy. This program rewards you for making smart money decisions, and we're providing all of its services to you-including your membership as a gift-free of charge.

Activating your SALT membership allows you to take advantage of member-only features like:

  • Interactive money management tools that show you how to take control of your finances.
  • Loan advice from SALT's expert counselors.
  • My Money 101 — a self-paced, online training resource that teaches you practical money management strategies for budgeting, credit management, and more.
  • Access to thousands of jobs and internships to jumpstart your career.

Be on the lookout for more information from SALT, and if you haven't activated your SALT membership, visit to join today!

Albertus Magnus College is offering SALT, a new membership program for our students and alums. SALT will help you take charge of your finances, track student loans, and look for scholarships, jobs and internships. Plus, it's free to our students and alums. Visit to sign up.

Interested in an overview of what SALT has to offer? Watch this short tutorial to sign up.


Interested in learning more about what SALT has to offer? Take the SALT website virtual tour! Just click on "SALT Video Tour: The Quest for Financial Savviness" to start learning how to best use your SALT account.​

Follow our Blog

The Financial Aid Office is a regular contributor to the Albertus Blog! Visit the Blog for helpful tips and resources, and remember: we're always here to help, so feel free to contact us at anytime!

Loan Repayment Estimator

Want to know what your monthly loan payments might be?​

You can utilize a Repayment Estimator to estimate your monthly federal student loan payments under each repayment plan.

USA Funds has created a Federal Student Loan Repayment Estimator Chart that allows you to estimate your monthly repayment amount, number of payments, and total interest costs for Direct Subsidized, Unsubsidized, and PLUS Loans.

For more information on loan repayment, watch this Student Loan Repayment Video.

Need a guide for repaying your student loans? Federal Student Aid has created a website to help you find out where to start!.

Helpful Tips and Worksheets

10 Things
Navient has compiled a list of the ten things you should do before you make your first student loan payment.

ASA Budget Worksheet
ASA has created a budget worksheet to help you know exactly where your money is going each month.

Bank Accounts
The Simple Dollar created a "What Do I Need to Open a Bank Account" guide to help students find and understand what type of bank account works best for them.

Budget Worksheet
It's easy to prepare a budget. Common categories are included in this worksheet; just fill in the amount you typically using your bill statements and receipts for the most accurate numbers.

Budget Worksheet 2
When filling in a budget worksheet, use receipts, statements, and bills to find accurate numbers so that you can see where your money goes each month.

Checking Account Guide
The Simple Dollar created a "How to Find the Best Free Checking Account in 2015" guide to help students find and understand the checking account that works best for them.

Credit Card Guide
The Simple Dollar created a Credit Card Guide to help you gain in-depth financial knowledge and practical strategies for money management that help establish a solid financial foundation.

Credit Card Tips
Properly managing a credit card is a big responsibility. Credit cards can help establish and improve your credit score if they’re used properly. They can also damage your credit score and get you into serious debt if you don’t know what you’re doing. Use these tips to make sound financial decisions.

Financial Awareness Counseling Tool (FACT) has created a Financial Awareness Counseling Tool (FACT) to help you understand your loan counseling.

Financial Literacy has created a financial literacy website page which helps you learn how to manage your money and take the initiative to self-educate and grow your financial knowledge.

How to Avoid Identity Theft
Identity theft occurs when a person commits fraud while posing as someone else. The threat of identity theft is real and can take months or even years to recover from once you are a victim. Use the information below to familiarize yourself with the precautions you can take to minimize the chance of becoming a victim and, if you are a victim, these steps will help you correct the situation.

Managing Your Money
Use these nine tips to achieve financial wellness.
nerdscholar is a site dedicated to empowering students to make smart financial choices about their higher education by providing a FAFSA Guide, Scholarship Search, and Student Loan information.

Personal Finance 101
The Simple Dollar Created a "Personal Finance 101: What is a Debit Card" guide to help students find and understand the debit card that works best for them.

Savings Account Guide
The Simple Dollar created a "How to Find the Best Savings Account in 2015" guide to help students find and understand the savings account that works best for them.

Set Your Financial Goals
Healthy financial habits start by setting sound financial goals. Develop a realistic path to achieving your goals by filling in this chart.

Strategies to Save Money
Use these tips to help save money; small adjustments lead to big savings!

Student Credit Cards
Credit Card Insider has compiled a website of information to help you understand student credit cards and what to expect if you get one.

Student Loan Debt and Bankruptcy has created a comprehensive resource for college students and graduates that helps make debt easier to understand and enables them to make better financial decisions.

Student Loan Forgiveness by State
LendEDU has created a comprehensive list of all state-specific student loan forgiveness programs.

Understanding Credit
Sallie Mae and FICO partnered to create this manual to help you understand credit: what it is, why it's important, and how you can maintain it.

And remember to always Borrow Wisely!

Alternative Financing Options

Looking for alternative means of financing your education?

Check out our Alternative Financing Options Page on the Albertus website for more information!