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College Loans

Law School Loans

Law school is hard enough – Ascent can help take your mind off your finances so you can focus on graduation.

Check your rate without impacting your credit score.

Competitive law school loan interest rates

Fixed APR

5.29% - 15.96%*

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  • Make the same payment every month
  • Your interest rate is set the day you apply and doesn’t change

Variable APR

7.73% - 16.09%*

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  • Your payment may change each month
  • Your interest rate may vary with the market conditions

*Rates displayed above are effective as of 06/20/2024 and reflect an Automatic Payment Discount of 0.25% on credit-based loans when you enroll in automatic payments. The Full P&I (Immediate) Repayment option is only available for college loans (except for outcomes-based loans) originated on or after June 3, 2024. For more information, see repayment examples or review the Automatic Payment Discount Terms and Conditions. The final amount approved depends on the borrower's credit history, verifiable cost of attendance as certified by an eligible school and is subject to credit approval and verification of application information. Lowest interest rates require full principal and interest payments, the shortest loan term, a cosigner, and are only available for our most creditworthy applicants and cosigners with the highest average credit scores. Actual APR offered may be higher or lower than the repayment examples below, based on the amount of time you spend in school and any grace period you have before repayment begins.

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Customize your law school loan repayment options

Flexible Repayment Plans (available while enrolled at least half-time at an eligible school and during Grace Period)

  • Deferred repayment if you want to wait to start loan payments.
  • $25 minimum repayment if you want to get started on your payments while you're still in school.
  • Interest-only repayment if you can afford larger payments while in school.
  • Immediate repayment* if you want to start making full payments (principal + interest) on your loan right away.

*The Full P&I (Immediate) Repayment option is only available for college loans (except for outcomes-based loans) originated on or after June 3, 2024. (See Terms & Conditions.)

In-School Period

  • The grace period allows you to postpone full principal and interest payments up to 9-months after leaving the program, or otherwise dropping to less than half-time enrollment status, giving you time to focus on what matters.

Postpone Payments

  • The grace period allows you to postpone payments full principal and interest payments up to 12-months after graduation, up to 9-months after leaving the program, or otherwise dropping to less than half-time enrollment status, giving you time to focus on what matters.

Want to see what your repayment plan and monthly payments could look like? Check out our loan repayment examples to help you make your decision.

5 Benefits of Ascent graduate student loans for law students

  • No application, origination, or disbursement fees

  • No penalties for early repayment

  • 1% cashback graduation reward + discount for automatic payments

  • Refer a friend and earn an Amazon.com Gift Card1 for each friend you refer

  • Defer payments up to 9-months after graduation or leaving the program

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What are others saying about Ascent?

How law school student loans work

You’ve already put a lot of work into preparing for law school. Getting the financing you need shouldn’t stop you now. We’ve streamlined our application process so you can get your funds without getting a headache.

  • Satelite
    Step 1

    Submit your pre-qualification

    We ask you to provide important information such as your name, address, date of birth, the school you’re applying to, and employment information. If you’re applying with a cosigner, they’ll also enter their information.

  • Astronaut
    Step 2

    Customize your loan details

    Once your completed loan application is approved, you’ll be able to view your loan details and select the loan terms that work best for you.

  • Clipboard
    Step 3

    Complete any open loan tasks in your Ascent portal

    After you choose your loan terms, complete any loan application tasks in your Ascent portal.

  • Moneybag
    Step 4

    We pay the school

    When your portal tasks are complete, we send your loan for school certification. Once certified, we’ll disburse your loan directly to the school.

Ready to start your loan application?

See your rates today without impacting your credit score.

Apply Now
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Additional tips to pay for law school

Federal financial aid for law students

It’s common for law students to apply for federal student aid through the FAFSA as a first step to financing a law school education. If you need additional funds to cover books, transportation, groceries, and other life expenses, you can apply for a private loan as an additional financial source.

Scholarships for law students

You can also apply for law school scholarships through your school or scholarships available through the American Bar Association (ABA) and the NAACP Legal Defense and Educational Fund. Additional scholarships can be found on the Law School Admission Council (LSAC) website.

Ascent also offers scholarship opportunities to students in undergraduate, graduate, or bootcamp study. We award more than $80,000 in scholarship funds each year, so be sure to check in on our current scholarships.

Frequently asked questions about dental school loans

Yes. It’s often beneficial to fill out the Free Application for Federal Student Aid (FAFSA®) and see which federal loan options you qualify for before looking into private loans for law school. The options available to you will likely be Federal Direct Unsubsidized Loans and Grad PLUS Loans.

Then, you can cover any additional costs, including housing, groceries, books, supplies, and more with a private student loan. Ascent’s private student loans for law school can be used in conjunction with federal loans to ease financial stress during law school.

The maximum loan amount for Ascent loan is limited to the total cost of attendance for a period not to exceed one full academic year, including any financial aid you receive, as certified by your school. Note: Your maximum loan amount may be less than the amount requested on your application due to the school certification or other underwriting factors.

  • Minimum: $2,001*

  • Maximum (aggregate): $400,000 for Graduate Loans

  • Student borrowers may borrow up to their institution’s cost of attendance as certified by the school and may not exceed the aggregate loan limits as stated above.

*The loan minimum amount is $2,001 except for the state of Massachusetts. Minimum loan amount for borrowers with a Massachusetts permanent address is $6,001.

Our student loans are designed to help make your goals achievable by providing graduate loans that are customizable to your needs, including a variety of repayment options and methods to reduce your total debt after graduation.

Ascent also gives away more than $80,000 in scholarships for college, graduate, and bootcamp students. You can seek out scholarships or grants that are geared towards law students.

In the end, only you can decide if law school is worth it. But we’re here to help mitigate the costs of your education if you do decide to attend law school.

Law school loans can cover your cost of living expenses. A school’s cost of attendance typically includes the amount of tuition plus an estimate of living expenses, books, food, transportation, and more.

If you have federal loans and find that you won’t have enough for living expenses, private law school loans can be used to help fill in the gaps.

Taking out loans may help keep you focused by easing immediate financial stress and allowing you to properly care for yourself physically.

Law school loans with Ascent work in 4 easy steps. After you’ve been accepted to your law school, you can begin the application for your loan. Once you’ve pre-qualified for your loan, you can accept the loan and customize your repayment options. We’ll keep you updated on additional tasks and documents that need to be uploaded.

Finally, your law school will certify the amount you’re approved, and your funds will be sent directly to your school – any money that doesn’t go toward your school’s necessary funds will be sent to you to cover additional expenses.

Yes. Ascent’s graduate loans are available for international students attending U.S.-based institutions. To apply for our student loan for law school as an international resident, you’ll need to apply with a creditworthy cosigner. Your cosigner must be a U.S. citizen or U.S. permanent resident.

DACA students may apply on their own with the proper documentation or with a qualified cosigner who is a U.S. citizen or U.S. permanent resident.

Yes. Ascent awards over $80,000 in scholarships every year. Enter for your chance to win our monthly scholarships in 3 easy steps – no essay required. To learn more about scholarships, visit here.

Don’t see your question? Check our FAQ page.

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Contact Us for Help With Law School Student loans

If you’re considering one of our loans for law school, we’re here to help at every step of your journey. Don’t hesitate to reach out to us with questions or concerns about your law school loan application.

Fill out our contact form to reach the Ascent team.

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Pursuing a Different Educational Route?

Ascent provides private student loans for various graduate student routes. If your heart isn't set on law, we can still help you out! Check out our other graduate loan options.

Graduate Loans

1Restrictions apply, see amazon.com/gc-legal