While costs directly associated with your Bar Exam, such as the application fee and/or character and fitness fees, may be covered by a Federal Direct Loan, other expenses such as bar study courses and living expenses while you study for the bar exam are not coverable by a Federal Direct Loan. These expenses may be covered by obtaining a bar exam loan through a private lender. Bar exam loans are private, credit-based student loans designed to help students and recent graduates pay costs associated with taking the bar exam. ASL does not have any preferred lenders. The list below is in no specific order and is provided only to help students find lenders. Follow the links to view interest rates, borrowing limits, fees, and repayment terms.
A credit check will be required prior to your loan approval. The top three credit reporting bureaus are Equifax, TransUnion, and Experian. You may obtain one free credit report from each of the credit bureaus once per year through annualcreditreport.com. Once you apply for a bar loan, you should follow all lender instructions, and then inform the Financial Aid Office of your application. It is recommended that you apply to multiple lenders, in order to compare offers, to receive the best rate/payment plan for your situation. If you have additional questions about which lenders offer bar loans or bar loans in general, please contact Financial Aid.