Skip to Main Content Return to the New England Law | Boston home page

Bar Study Loan Information

Bar Study Loans are private education loans designed to assist law students and recent graduates with the costs of taking the bar exam (includes bar prep courses, exam fees and living expenses).

  • Students should exhaust their academic year budget before borrowing a Bar Study Loan.
  • These loans are not part of your financial aid package - you must apply directly with the lender of your choice.
  • Eligibility is based on creditworthiness, as determined by the lender.  The interest rates, fees, borrowing limits and time frame in which you may borrow will vary by lender.
  • You select the loan disbursement date(s) and funds are sent directly to you (NOT to New England Law).
Lender General Information:
Sallie Mae
Bar Study Loan
  • Minimum $1000 - Maximum $15,000 annual loan limit 
  • No aggregate debt limit
  • School certification is not required
  • Min/Max of 2 disbursements allowed
  • Must be enrolled at least half time in the final year of study or have graduated within the last 12 months
  • Must be sitting for the bar exam no more than 12 months after graduation

Discover Bar Study Loan
  • Information for this loan will not be available until March
 

Wells Fargo

Bar Exam Loan

  • Maximum $12,000
  • Aggregate Loan Limit (including all other educational debt):  $180,000
  • Must be a current Wells Fargo or Wachovia customer
  • Must be enrolled in final year of law program at an eligible law school or have graduated within 30 days from an eligible law school