[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-322108-105":59,"doc-detail-322108-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","2019-2020-bar-loan-options-bar-loan-faqs","2019-2020 Bar Loan Options - Bar Loan FAQ’s","","Bar Loan FAQ’s explain how bar exam–related costs can be financed and what borrowers should consider before applying. Guidance covers eligible borrowing amounts by lender, where to locate up-to-date interest rate information, and how to compare options using an online loan analyzer. It also outlines steps after choosing a lender, certification requirements, disbursement timing, and obtaining a free annual credit report. A comparison table summarizes Discover, Wells Fargo, Sallie Mae, and PNC bar exam loan terms.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/2019-2020-bar-loan-options-bar-loan-faqs/322108/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/2019-2020-bar-loan-options-bar-loan-faqs/322108.png","ImageObject",300,407,{"name":92,"@type":93},"Lucas Martin","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What are bar loans intended to cover?","Question",{"text":112,"@type":113},"Bar loans are intended for expenses related to completing the bar exam, including costs for sitting for the Bar and certain program costs with proper documentation.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How can you find current interest rate information for private bar loans?",{"text":117,"@type":113},"Private loans typically have variable rates tied to LIBOR or prime. Information on LIBOR and prime is provided via finaid.org to help estimate potential interest rates.",{"name":119,"@type":110,"acceptedAnswer":120},"When will bar loan funds be disbursed after approval?",{"text":121,"@type":113},"Bar loan disbursement differs from academic-year loans. The check is mailed to your current address, and you can choose the disbursement date(s); the overall process usually takes two to three weeks after submission.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},322108,1790174571,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":14,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":24,"preview_page_count":4},8796095360427,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","Bar Loan FAQ’s  \nWhy should I consider applying for a bar loan?  \nBar loans are intended to be used for expenses related to completing the bar exam. The cost of sitting for the Bar (usually a few hundred dollars) can be covered with a GradPLUS loan, as long as you are still enrolled, with proper documentation. Living expenses and the cost of a bar review course can only be obtained from a private lender. Borrowing these loans might be a good option if you don’t have the funds available and are not receiving assistance for these costs from your future employer.  \nHow much am I eligible to borrow?  \nBar loan caps vary by lender (ranging from $15,000- $16,000), but most students find that borrowing $10,000 or less is sufficient to meet their needs. Bear in mind that only $8000 of a bar loan is eligible for our Debt Management Program—and of course, in general, we recommend borrowing as little as possible .  \nWhere can I find up-to-date interest rate information?  \nPrivate loans have a variable interest rate that is usually tied to LIBOR or prime rate. The following website offers information about LIBOR and prime which can be helpful when trying to determine potential interest rates for private loans: [http://www.finaid.org/loans/prime_libor.phtml](http://www.finaid.org/loans/prime_libor.phtml. Private)[. Private](http://www.finaid.org/loans/prime_libor.phtml. Private) lenders will not provide an interest rate offer until after you have applied for the loan. Further information about private loans is available at: [www.finaid.org/loans/privateloan.phtml](www.finaid.org/loans/privateloan.phtml).  \nHow can I determine which loan is best for me?  \nInterest rates and fees can vary by lender. We would like to encourage you to visit the following website: [www.finaid.org/calculators/loananalyzer.phtml](www.finaid.org/calculators/loananalyzer.phtml. This)[. This](www.finaid.org/calculators/loananalyzer.phtml. This) comprehensive website allows you to compute the various terms set by each lender, using their listed interest rate, fees, and repayment period.  \nI have chosen a lender and know how much I want to borrow . What do I do now?  \nMost lenders offer an online application process . If you feel more comfortable with a hard copy application, you may contact the lender to request one . In order to ensure proper processing, your application must be certified by the school before any lender will disburse funds.  \nI have completed the loan application and have been approved. When will I receive the funds?  \nDisbursement of bar loans is different from academic year loans. The bar loan check will be mailed to your current address. You get to choose the disbursement date/dates for the loan. It is a good rule of thumb that the total process takes two to three weeks from the time that you submit your application.  \nHow can I obtain a copy of my Credit Report?  \nYou can request a free copy of your credit report once every 12 months at [www.annualcreditreport.com](www.annualcreditreport.com. Any)[. Any](www.annualcreditreport.com. Any) of the following national credit bureaus will send you a copy for a small fee:  \nExperian: 1-888-397-3742  \nTransUnion: 1-800-888-4213  \nEquifax Credit: 1-800-685-1111  \n2019-2020 Bar Loan Options  \n\n|  | DISCOVER:\u003Cbr>Bar Exam Loan | WELLS FARGO:\u003Cbr>Bar Exam Loan | SALLIE MAE:\u003Cbr>Bar Study Loan | PNC:\u003Cbr>Bar Study Loan |\n| --- | --- | --- | --- | --- |\n| Contact | 1.800.STUDENT | 1.877.449.2421 | 1.800.984.0190 | 1.800.762.1001 |\n| Loan Limits | Maximum: $16,000\u003Cbr>Minimum: $1,000 | Maximum: $12,000 | Maximum: $15,000\u003Cbr>Minimum: $1,000 | Maximum: $15,000 |\n| Fees | Zero | No application or origination fee, and no penalty for paying off your loan early | • Disbursement fees 0.00%\u003Cbr>• No repayment fees | No application or origination fee |\n| Interest Rates | Fixed interest rates range from 7. 39% APR to 12.99% APR\u003Cbr>Variable interest rates from 6.39% APR to 11.99% APR | Fixed interest rates as low as 12.45% APR ","cbCailoAc88tAbF8","https://ap.wps.com/l/cbCailoAc88tAbF8","pdf",119762,"English","# Bar Loan FAQ’s\n## Purpose and eligibility\n## Interest rates and choosing a lender\n## Application, approval, and disbursement\n## Credit report access\n## 2019-2020 loan options comparison","[{\"question\":\"What are bar loans intended to cover?\",\"answer\":\"Bar loans are intended for expenses related to completing the bar exam, including costs for sitting for the Bar and certain program costs with proper documentation.\"},{\"question\":\"How can you find current interest rate information for private bar loans?\",\"answer\":\"Private loans typically have variable rates tied to LIBOR or prime. Information on LIBOR and prime is provided via finaid.org to help estimate potential interest rates.\"},{\"question\":\"When will bar loan funds be disbursed after approval?\",\"answer\":\"Bar loan disbursement differs from academic-year loans. The check is mailed to your current address, and you can choose the disbursement date(s); the overall process usually takes two to three weeks after submission.\"}]","2019-2020 Bar Loan Options - Bar Loan FAQ’s | PDF",1789961082]