Our process
Fill out a simple form
Answer a few quick questions. We’ll crunch the numbers to check for personalized rates from multiple lenders.
Will I need a cosigner?
Many students will need a cosigner if they don’t have a credit history. Students who add a cosigner are 3x more likely to qualify for a loan.
Select the loan that works best for you
We’ll help you pick the loan that fits your needs. Choose from multiple rates and repayment plans. Start paying during school, or wait until you graduate.
Finalize your loan
Finish with your chosen lender. Upload documents, sign your loan agreement, and your funds will disburse to your school.
Illustrative purposes, actual results may vary.
Prequalified rates are not a firm offer of credit.¹
Checking rates won’t affect your credit score
Our partner lenders
If you decide to take out a private student loan to pay for law school, it’s important to compare as many lenders as possible. This way, you can find the right loan for your needs. Credible makes this easy — you can compare your prequalified rates from our partner lenders below in just two minutes.
Lender | Variable APR | Fixed APR | Loan Amount | View Details |
---|---|---|---|---|
1.62%-11.45% | 4.63%-14.52% | View Details | ||
n/a | 3.47%-9.99% | View Details Disclosures | ||
1.27%-9.90% | 3.20%-10.76% | View Details Disclosures | ||
1.19%-11.98% | 3.49%-12.99% | View Details Disclosures | ||
3.06%-6.86% | 3.52%-8.17% | View Details Disclosures | ||
1.70%-5.65% | 3.33%-7.69% | View Details Disclosures | ||
n/a | 3.75%-5.75% | View Details Disclosures | ||
Check for personalized rates. It only takes 3 minutes!
Checking rates won’t affect your credit score
NO FEES. EVER.
Free to use
Credible is 100% free to use and our customer support is always here to help.
No origination fees
We make sure our partners do not charge origination fees on their loans.
No prepayment penalties
There's no prepayment penalty if you'd like to pay off your loans faster.
Checking rates won’t affect your credit score
We’re Credible. It’s in our name, literally.
Individual experiences may vary.
Check for personalized rates. It only takes 3 minutes!
Checking rates won’t affect your credit score
Commonly asked questions about law school student loans
Yes, law school students can still take out both federal and private student loans during the COVID-19 pandemic. Keep in mind that if you need to borrow for school, it’s usually best to rely on federal loans first since they come with federal benefits and protections — such as access to income-driven repayment (IDR) plans and student loan forgiveness programs.
If you decide to get a private student loan, be sure to consider as many lenders as you can to find the right loan for your needs.
If you decide to take out a private student loan for law school, it’s wise to shop around and compare your options from as many lenders as possible. This way, you can find the most optimal loan for your unique situation.
Here are several important factors to keep in mind as you do your research:
If you’re ready to apply for a private law school loan, follow these four steps:
Yes, you can. Law school students can access two types of federal student loans, including:
Federal law school student loans offer several potential benefits, including:
Federal student loans also come with some possible drawbacks, such as:
Learn More: Hidden Costs of Federal Direct Unsubsidized Student Loans
Like federal student loans, private loans also come with their own pros and cons to consider. Some of the potential advantages include:
There are also some possible drawbacks to think about before taking out a private student loan, such as:
If you decide to take out a private student loan for law school, remember to consider as many lenders as possible to find the right loan for you. Credible makes this easy — you can compare your prequalified rates from multiple lenders in two minutes.
While eligibility criteria can vary by lender, there are a few common requirements you’ll likely come across when searching for a private student loan. These include:
The credit score you’ll need for a student will depend on the type of loan you get. Here’s what you can expect when it comes to graduate student loan credit information for law school:
Learn More: Taking Out Student Loans Without a Cosigner
This depends on the type of loan you get for law school. Here are the student loan limits you can expect:
Learn More: Graduate Student Loan Limits: How Much Can You Get?
Federal student loan rates are set by Congress each year — the rate you get will depend on the type of loan you choose. Here are the rates you can expect on federal student loans for the 2021-2022 academic year:
Interest rates on private student loans are set by individual lenders based on market conditions.
The rates you’re offered will also depend on other factors, including your credit score and the repayment term you choose. Here are the rates you can expect on private student loans from Credible’s partner lenders:
There are also a few strategies that can help you qualify for a better rate and more favorable terms on a private student loan, including:
Law school can be extremely expensive, which is why the average law school debt is $160,000. The time it will take to pay off this debt will depend on several factors, including how much you borrow, your repayment term, and your income.
For example, if you have federal student loans and qualify for PSLF, you could have your loans forgiven after making payments for 10 years. Or you might sign up for an IDR plan or consolidate your loans into a Direct Consolidation Loan to extend your term up to 25 or 30 years.
If you have private student loans, you could have anywhere from five to 20 years to repay them, depending on the lender.
There are several law school loan forgiveness programs available to federal student loan borrowers. Some of these include:
Unfortunately, private student loan forgiveness doesn’t exist. However, there are other options that could help you more easily manage and pay off your private loans, such as refinancing.
The best law school student loan lenders are ones that provide competitive interest rates, a wide selection of loan terms, inclusive eligibility requirements, and responsive customer service.
To find the best loan for your needs, it’s important to shop around and compare as many lenders as you can. Here are some of the most important details about the loans offered by Credible’s top medical school student loan lenders:
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