Bar Loans

Creditworthy third year JD and LLM students are eligible for bar study loans. These are private educational loans that can be used to help graduating students cover the costs of their bar preparation courses and bar exam expenses. Various lenders have bar loan options with varying amount of borrowing limits, generally up to $15,000. Please note that the bar study loan is not part of a financial aid package, meaning that this loan will not appear on CAESAR. These loans will be sent via paper check to the borrower directly, not the School. Many of these lenders have an online application; however, you should speak the Admissions Office if you are considering a bar loan or have applied for a bar loan.

Individuals that are not creditworthy can qualify with a creditworthy co-signer. International students might also be more limited in their lender choice since some lenders will not allow international students participate in their bar study loan program.

You might want to consider using the same lender that you have used for your financial aid package and Stafford lender because you will not be adding an additional lender to repay when you enter repayment for the loans utilized for law school.

Terms and conditions of bar study loans include:

Borrow up to $15,000, depending on the lender
Must be creditworthy to be eligible or have a creditworthy cosigner
Some lenders require that you must have previous borrowing relationship
Variable interest rate through the life of the loan
Disbursements can be determined by the borrower
Disbursements are sent directly to the borrower. It is important that the lender has the correct address information as paper checks will be mailed to the borrower directly