Law School Loans

Federal and Private Gradute Student Loans for Law School

Your financial aid award package will tell you which federal loan programs you are eligible for. If you have remaining unmet need, you may need a private student loan to cover your remaining expenses. When scholarships and Federal loans such as the Stafford Loan are not enough, the GradLoans Private Student Loan for law school students can bridge the gap of the cost of your education.

Degree Program Cumulative Maximum Limit Per Academic Year
Law School $1,500 - $130,000 Cost of Attendance Minus other Aid
Dentistry $1,500 - $225,000 Cost of Attendance Minus other Aid
Business School $1,500 - $120,000 Cost of Attendance Minus other Aid
Medicine $1,500 - $225,000 Cost of Attendance Minus other Aid
Osteopathic $1,500 - $130,000 Cost of Attendance Minus other Aid
Nursing School Loans $1,500 - $120,000 Cost of Attendance Minus other Aid
All Others $1,500 - $120,000 Cost of Attendance Minus other Aid

GradLoans Private Student Loan Benefits

  • Low interest rates and no application fees
  • Fast online approvals with a high approval rate
  • Generous borrowing amounts
  • Flexible repayment options
  • Funds dispursed to you; use this loan to cover any education related expenses including transportation, student computers, books, and room & board.

GradLoans Private Student Loan Qualifications

  • You must be a U.S. Citizen; or
  • Permanent resident with a valid permanent-resident card; or
  • An international student, applying with a U.S. citizen or permanent resident Co-Borrower; or
  • An international student with a U.S. citizen or permanent resident applying on your behalf.
  • Be at least 18 years old, or the age of majority in your state;
  • Be enrolled at least half time at an eligible institution;
  • Meet our criteria for creditworthiness. If you do not meet our criteria, please consider applying with a creditworthy co-borrower.

Annual Percentage Rate (APR) and Repayment Example:

If you borrowed $10,000 in a single installment, the 3-month LIBOR remained constant at 3.076% (as of April 1, 2008) and you had a 24-month combined in-school and 6-month grace period with a 240-month repayment period, your possible APR and repayment schedules are shown below. Your annual percentage rate may increase or decrease after consummation.

Repayment Option Origination Fee APR In School &
Grace Period
Repayment Period
Immediate Interest
and Principal
Repayment
0.00% 8.625% N/A 240 payments
of $87.57
Immediate Interest
and Deferred
Principal Repayment
5.75% 9.182% 30 payments
of $70.73
240 payments
of $92.92
Both Deferred
Interest and
Principal Repayment
6.25% 9.310% N/A 240 payments
of $115.97

Federal Stafford Loan for Law School

Research Top Law Schools

After Graduating From Law School

Law School Loans funded by Doral Bank NY FSB, an Equal Opportunity Lender.