Law school can put a crushing financial burden on students, but there is aid available in the form of scholarships and grants. Much of this aid targets needy students.
Significance
Subsidized Federal Stafford and Ford Loans are available for needy law school students as long as you maintain at least half-time status.
Function
There also are the unsubsidized Federal Stafford and Ford Loans that can be combined with subsidized loans.
Benefits
Good credit? Then you may be eligible for the Graduate PLUS Loans for Law Students. This is federally guaranteed and has a fixed interest rate for the life of the loan.
Features
Working part-time during the school year and full-time during the summer means you could be eligible for the federal work study program.
Considerations
At Sallie Mae, you can apply for a Stafford or Graduate PLUS Loan. They also offer the Sallie Mae Smart Option Loan if you need more help.
Expert Insight
Sallie Mae even offers help for students who needs expenses covered while studying for the bar exam as long as you are enrolled at least half-time. You must take the bar no later than 12 months after graduation.
Tags: Federal Stafford, Federal Stafford Ford, Ford Loans, Graduate PLUS, least half-time, Stafford Ford, Stafford Ford Loans