Bar Study Loan

A Bar Study Loan gives you the flexibility to spend as much time as you need to study and prepare for the bar exam without worrying about expenses. Since most traditional loans and financial aid packages don’t cover costs related to the bar exam many students will need help to reach their goals. Funds from a bar study loan may be used to cover related expenses like bar exam registration, bar review courses, preparatory materials, housing and other living expenses.

Eligibility Requirements

  • Must have been enrolled at least part-time during your final year of law school
  • Must have graduated within 12 months of applying for a Bar Study Loan or be graduating within 6 months
  • Must be sitting for the bar exam within 12 months of graduation
  • Must be a U.S. citizen or a permanent resident
  • Should have good credit or a have a co-signer with good credit

Loan Details

  • Bar Study Loans are private loans; rates and terms can vary widely by lender
  • Loans are usually in the range of $1,000 to $20,000
  • Reduced interest rates may be available to those with good credit
  • Reduced interest rates may be available to those who make automatic repayments from a bank account
  • Applying with a cosigner may lower your interest rate
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