[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-322107-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-322107-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","bar-study-loan-key-terms-and-eligibility","Bar Study Loan - Key Terms and Eligibility","","Bar Study Loan is designed for students and recent graduates preparing for and taking the bar exam, covering course fees, deposits, and living costs. The loan amount ranges from $1,000 to $15,000, with repayment starting after a nine-month grace period. Interest capitalizes only at the end of the grace period for unpaid interest, and the principal and interest repayment term can extend up to 15 years. Eligibility includes enrollment at a participating ABA-accredited law school at least half-time in the final year or graduation within 12 months, with U.S. citizen/permanent resident requirements and potential cosigner options.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/bar-study-loan-key-terms-and-eligibility/322107/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/bar-study-loan-key-terms-and-eligibility/322107.png","ImageObject",300,407,{"name":42,"@type":43},"Finn","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-31","2026-09-21",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",10,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What loan amount and coverage expenses are allowed for Bar Study Loans?","Question",{"text":63,"@type":64},"Loan amounts range from $1,000 to $15,000, and the funds are intended to cover bar study expenses not included in a school’s cost of attendance, such as course fees, deposits, and living costs.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"When does repayment begin, and how does the grace period work?",{"text":68,"@type":64},"The grace period ends nine months after the borrower graduates, leaves school, or drops below half-time. Repayment begins after the nine-month grace period, with no required in-school payments.",{"name":70,"@type":61,"acceptedAnswer":71},"Who is eligible to apply, and when is a cosigner required?",{"text":72,"@type":64},"Eligible applicants include those pursuing or who have earned a JD or LLM and are enrolled at least half-time in the final year at a participating ABA-accredited law school (or graduated within the last 12 months). U.S. citizens and permanent residents can apply with or without a cosigner; others generally must apply with a cosigner who is a U.S. citizen or permanent resident and must reside in the U.S.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},322107,1790361725,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,105,110,115,120,123,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":93,"slug":94},70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":112,"show_sort_weight":113,"slug":114},8,"Research & Report",30,"research-report",{"id":116,"doc_module":4,"doc_module_name":25,"category_name":117,"show_sort_weight":118,"slug":119},9,"Religion & Spirituality",20,"religion-spirituality",{"id":118,"doc_module":4,"doc_module_name":25,"category_name":121,"show_sort_weight":118,"slug":122},"World Cup","world-cup",{"id":55,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":55,"slug":125},"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":82,"data":131},{"doc_id":79,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":26,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":96,"preview_page_count":4},34359740700684,"https://ap-avatar.wpscdn.com/avatar/1f400023980c374ae676?_k=1777273430885731487","Bar Study Loan  \nFor students and recent graduates preparing for and taking the bar exam.  \nHelp students pay for bar study-related expenses, such as bar exam course fees, deposits, and living costs.  \n\n| Loan amount | $1,000 to $15,000; maximum loan amount covers one or more loans in a 12-month period. |\n| --- | --- |\n| Interest rates | Get the latest rates at [salliemae.com/ratesheet](salliemae.com/ratesheet). |\n| Fees | No origination fee and no prepayment penalty.1 |\n| Grace period | The grace period ends nine months after the borrower graduates, leaves school, or drops to less than half-time status.2 |\n| Repayment | Repayment begins after the 9-month grace period.2 There are no required in-school payments.\u003Cbr>• Borrowers can request to make monthly interest-only payments for the first two or four years after the grace period, followed by monthly payments of principal and interest for the remainder of the repayment term.3\u003Cbr>• There is a principal and interest repayment term of up to 15 years.4 |\n| Interest capitalization during the grace period | • Interest doesn’t capitalize during the in-school or grace period.\u003Cbr>• Unpaid interest will be added to the loan’s principal amount at the end of the borrower’s grace period.2 |\n| Eligibility | • Students pursuing or who have earned a Juris Doctor (JD) or Master of Laws (LLM) degree and are enrolled at least half-time in their final year of study at a participating ABA-accredited law school, or have graduated from one within the last 12 months.\u003Cbr>• A student should be scheduled to sit for the bar exam no later than 12 months after graduation.\u003Cbr>• U.S. citizens and U.S. permanent residents can apply with or without a cosigner.\u003Cbr>• All others must apply with a cosigner (who must be a U.S. citizen or permanent resident), reside in the U.S., and provide an unexpired government-issued photo ID to verify identity. |\n| Cosigners | • Student loan cosigners aren’t just for undergraduate student loans. Students applying for a bar exam loan who don’t have a credit history may also benefit from having a cosigner.\u003Cbr>• Students may apply to release their cosigner from the loan after they graduate, make 12 on-time principal and interest payments, and meet credit and other eligibility requirements.5 |\n\nFeatures & benefits • Funds are disbursed directly to the student.  \n• A 0.25 percentage point interest rate reduction is available to borrowers who enroll in and make monthly payments by automatic debit.6  \n• Borrowers and cosigners can view their monthly FICO® Score for free by logging into their Sallie Mae® account.7  \n• This loan offers death and disability loan forgiveness.8  \n[Students can apply at](Students can apply at salliemae.com/barstudy)[ salliemae.com/barstudy](Students can apply at salliemae.com/barstudy)  \nFor degree-granting institutions only | For school use only—not for distribution  \nFor more information, talk to your Sallie Mae Relationship Manager, or go to  \n[salliemae.com/barstudy](salliemae.com/barstudy)  \nWe put customers first  \nWe’re all about making things easy for you and your students. Our account representatives and U.S.-based call center agents are ready to help answer questions and solve problems everytime you call.  \nConnect with us  \nBar Study Loans are for students who are enrolled at least half-time in their final year of study at a participating ABA-accredited law school or have graduated from one within the last 12 months. Students should be sitting for the bar exam no later than 12 months after graduation. This loan is subject to credit approval, identity verification, signed loan documents, and enrollment verification. Student or cosigner must meet the age of majority in their state of residence. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., graduate from, or attend school in the U.S., and apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) . Requested loan amount must b","cbCaiukJ04e5mUIa","https://ap.wps.com/l/cbCaiukJ04e5mUIa","pdf",217784,"English","# Loan Overview\n## Loan Amount and Coverage\n## Interest Rates, Fees, and Capitalization\n## Grace Period and Repayment\n# Eligibility and Cosigners\n## Eligibility Requirements\n## Cosigner Release and Payment Options\n# Features and Benefits\n## Direct Disbursement and Discounts\n## Free FICO® Score Access\n## Death and Disability Forgiveness","[{\"question\":\"What loan amount and coverage expenses are allowed for Bar Study Loans?\",\"answer\":\"Loan amounts range from $1,000 to $15,000, and the funds are intended to cover bar study expenses not included in a school’s cost of attendance, such as course fees, deposits, and living costs.\"},{\"question\":\"When does repayment begin, and how does the grace period work?\",\"answer\":\"The grace period ends nine months after the borrower graduates, leaves school, or drops below half-time. Repayment begins after the nine-month grace period, with no required in-school payments.\"},{\"question\":\"Who is eligible to apply, and when is a cosigner required?\",\"answer\":\"Eligible applicants include those pursuing or who have earned a JD or LLM and are enrolled at least half-time in the final year at a participating ABA-accredited law school (or graduated within the last 12 months). U.S. citizens and permanent residents can apply with or without a cosigner; others generally must apply with a cosigner who is a U.S. citizen or permanent resident and must reside in the U.S.\"}]","Bar Study Loan - Key Terms and Eligibility | PDF",1789961081]