Explore federal loans and compare to ensure you understand the terms and features. Law School Loans that have variable rates can go up over the life of the loan. Federal student loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment and income-contingent repayment plans, and loan forgiveness and deferment benefits, which other student loans are not required to provide. Federal loans generally have origination fees, but are available to students regardless of income.
This information was gathered on 11/12/19 from https://www.americanbar.org/legal_opportunity_scholarship.html.
This information was gathered on 11/12/19 from https://fedcirbar.org/Pro-Bono-Scholarships/Scholarships/Rules.
This information was gathered on 11/12/19 from http://www.naacpldf.org/earl-warren-scholarship.
This information was gathered on 11/12/19 from http://www.mcca.com/resources/scholarship-program.
This information was gathered on 11/12/19 from https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-service.
This information was gathered on 11/12/19 from https://www.americanbar.org/groups/legal_aid_indigent_defendants/loan_repayment_assistance_programs/state_loan_repayment_assistance_programs.
Interest is charged starting at disbursement, during school and the separation/grace period, and until the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan.
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