
A payment alternative is the interest-free 10-month payment plan administered by Academic Management Services (AMS). The AMS Plan, which begins in July, allows students to pay tuition on a monthly basis throughout the year (while enrolled), with no interest charges.
The AMS Plan is not a loan program. There is no credit check and there are no interest or finance charges assessed. The only charge is a $45 annual enrollment fee. The enrollment fee includes a Tuition Protection Coverage, which will cover any remaining balance of your AMS Plan in the event of the death of the bill payer. The AMS interest-free monthly payment plan is available to all enrolled Carnegie Mellon students. For more information, call AMS at 1-800-635-0120. You can find additional information about the plan on the AMS website.
You can research other ways of financing your education at your library or on the World Wide Web. Some useful websites are:
http://www.fastweb.com
http://www/petersons.com
http://www.gocollege.com
http://www.theoldschool.org
http://www.internationalscholarships.com/
The Carnegie Mellon Fellowship Fellowships and Scholarships Office, located in Warner Hall, 429 and 404, maintains a searchable database of over 600 external scholarships and fellowship opportunities. If you register online at http://www.cmu.edu/adm/frac/, you will receive information about scholarships and fellowships that you might be interested in throughout the year. The Center also provides guidance and support to students applying for external scholarships and fellowships.