Law School loans - Bar Exam Loan

Graduated from law school and studying for the bar exam?  Specifically created for law students, the GradLoans Bar Exam Loan will keep you financially secure until you get that high paying job you have been working so hard for.

Why the GradLoans Bar Exam Loan is so unique

You can use this loan to cover expenses while you study, including transportation, computers, housing, etc. Additional Benefits include:

• No application fees or out-of-pocket expenses
• Fast online approvals - high approval rating
• Low interest rates and fees
• A variety of budget friendly repayment options

How do I qualify for access to the Bar Loans?

Must be a U.S. citizen or permanent resident with a valid permanent-resident card and be at least 18 years old, or the age of majority in your state.

• Have proof that you are taking the bar exam
• Meet our criteria for creditworthiness. If you do not meet our criteria, please consider applying with a creditworthy co-borrower

International students can apply with a U.S. citizen or permanent resident co-borrower, or with a U.S. citizen or permanent resident applying on your behalf.

Apply Online or call toll-free 800-926-2716

How much can I borrow?

Loan Program	Cumulative Loan Limit	Limits for each Academic Year
Law School Loan	$1,500 - $130,000	Cost of Attendance Minus other Aid
Law Bar Exam Loan	$1,500 - $15,000	One time loan

What is my interest rate going to be?

In School Rates as low as

• LIBOR + 3.75% (Immediate Interest and Principal Repayment)
• LIBOR + 3.75% (Immediate Interest and Deferred Principal Repayment)
• LIBOR + 4.15% (Both Deferred Interest and Principal Repayment)

Repayment Rates as low as

• LIBOR + 4.30% (Immediate Interest and Principal Repayment)
• LIBOR + 4.40% (Immediate Interest and Deferred Principal Repayment)
• LIBOR + 4.75% (Both Deferred Interest and Principal Repayment)

Apply Online or call toll-free 800-926-2716

Choose your reward!

.25% interest rate reduction if you choose to have your loan payment automatically deducted from your bank account or if you make 48 consecutive on-time payments

What else sets the GradLoans Bar Loan apart from the rest?

• Full deferment and forbearance options available while in school, working towards a residency or internship, unemployed or experiencing an economic hardship, serving in the military or needing an administrative forbearance
• Low minimum monthly payment of $50
• 6 month grace period before repayment begins
• Fees as low as 0%

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

Apply Online or call toll-free 800-926-2716

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