The major source of funding for Loyola Law School students is federal loans. The most common funds LLS offers are:
Direct Unsubsidized Loan
- Annual maximum up to $20,500.
- Student incurs the interest while in school but is not required to make payments until six month after graduating or dropping below half-time status.
- Interest rate is fixed at 6.21%.
- Mandatory federal origination fee is 1.072% (deducted from loan proceeds).
Direct Graduate PLUS Loan (GPLUS)
- Annual maximum is the cost of attendance minus any other financial aid received.
- Interest rate is fixed at 7.21%.
- Mandatory federal origination fee is 4.288% (deducted from loan proceeds).
- Student incurs the interest while in school but is not required to make payments until six months after graduating or dropping below half time status.
- Credit history is a major factor in being approved for this loan. Thus, we strongly recommend that you obtain credit reports by contacting:
Office of Financial Aid
M-Th: 10:30 a.m.-6 p.m.
F: 10:30 a.m.-4 p.m.
Founders Hall 152
919 Albany St.
Los Angeles, CA 90015