Dwayne O. Andreas School of Law
Juris Doctor (JD) Program
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Types of Financial Assistance
Grants and Scholarships
Federal Stafford Loans
Additional Student Loans
Cost of Education
Financial Aid Application Process
Enrollment Requirement

Additional Student Loans

For students who need to borrow more than $10,250 per semester, there is a choice of programs: the Federal Graduate PLUS Loan or a private educational loan.

Federal Graduate PLUS Loan

  • Maximum amount that can be borrowed is the Cost of Education (tuition and living expenses) less other financial aid including scholarships.
  • Approval not based on credit score; however, adverse credit may affect the student’s ability to qualify.
  • Interest rate is fixed at 8.5%; however, many lenders offer interest reduction features.
  • Can be consolidated with Federal Stafford Student Loans.

Private Loans

  • Few lenders offer private loans
  • Maximum amount that can be borrowed is the Cost of Education (tuition and living expenses) less other financial aid including scholarships.
  • Approval based on credit rating, but not on your income or debt to income ratio.
  • Interest rate is variable; however lenders offer interest reduction features.
  • Cannot be consolidated with Federal Stafford Student Loans.

HOW TO CALCULATE YOUR MAXIMUM ELIGIBILITY FOR ADDITIONAL STUDENT LOANS:

BASIC FORMULA:

EXAMPLE:

Cost of Education (COE)  

2008/2009 COE  

$53,340

Less Annual Scholarship Award  

Scholarship     

-  $9,000

Less Federal Stafford Student Loan

Stafford Loans

- $20,500

Equals Additional loan eligibility

Add’l Loan Eligibility

$23,840



Suggested Lenders

This link will take you to a portal with links to our suggested lenders, information about their specific loan programs, and on-line applications.  You may use any lender that you choose; however, the lenders on our list were carefully chosen because they meet standards we have set for integrity, longevity, stability, and availability of continued funds for our students.

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