A.M. Money, A Student Loan Provider Based In Chicago, Has Announced An Agreement With The Robert R. McCormick Foundation To Establish A $1 Million Loan Loss Reserve In Support Of High-Performing, Low-Income College Students Who Have Not Had Access To Traditional Student Loans. The Reserve Is Made Possible In Part By Support From The Chicago Community Trust. The Reserve Will Allow A.M. Money To Continue Growing Its Affordable Loan Portfolio For This Historically Underserved Group, While Making It More Attractive For Outside Investors To Invest In A.M. Money’s Expansion With Reduced Risk.
The McCormick Foundation, with Support from The Chicago Community Trust, Awards $1 Million Loan Loss Reserve to A.M. Money
Our Impact
All Stories
Careers for South Side Residents
Guest blog by Becky Raymond, Career Pathways’ Executive Director The Chicago Citywide Literacy Coalition (CCLC) has had strong roots on the South Side of Chicago. Many founding…
USO Launches New Veterans Program
Guest blog by Justin Miller, Pathfinder’s Program Manager Transitioning from military to civilian life is a distinct challenge faced by our nation’s service members and…
Growing Food and Careers through Urban Agriculture
“I didn’t know there was a farm in the hood.” Fred Daniels hears that a lot. As the site manager at the Growing Home farm in…