A legal education is an investment in your future, and Campbell Law School provides an extensive financial aid program for students in need. Every effort is made to help students meet the cost of tuition and fees, and to assist with living expenses. Student loans, such as Unsubsidized Stafford Loans and Graduate PLUS Loans, are available to law students who meet federal-eligibility requirements.
Federal Loans
Below is a comparison of the most common sources of education funding for our students.
| Direct Unsubsidized Loans | Graduate Plus Loans | |
| MAXIMUM ANNUAL LOAN AMOUNT | Up to $20,500 based on eligibility | Annual cost of attendance minus any other financial aid |
| HOW IT WORKS | The loans accrues interest while the student is in school, but the borrower is not required to make payments until six months after graduation or dropping below half-time status. | The loan accrues interest while the student is in school, but the borrower is not required to make payments until six months after graduation or dropping below half-time status. |
| INTEREST RATE |
7.94% fixed rate |
8.94% fixed rate |
| ORIGINATION FEE | 1.057%, deducted from loan proceeds | 4.228%, deducted from loan proceeds |
For information about loan repayment, please visit the Federal Student Aid website.
Private Loans
Students may apply for loans issued through private-sector banks and lending institutions at varying rates and payment schedules.
FASTChoice is a tool which allows students and parents the ability to search, compare, and apply for alternative loans with lenders students have historically used at Campbell University.
Applicants should visit the website of each potential lender to fully evaluate the benefits and incentives they offer before making a final choice for your private loan.
Questions to ask when comparing loans:
- Does the loan have a fixed or variable interest rate?
- Will the interest rate change over time?
- Are there any fees?
- What will the minimum monthly payment be?
- Are you required to make payments while attending school?
- What is the total amount you will pay in interest over the life of the loan?
- Does the loan have a grace period (number of months you do not have to make payments) after you graduate?
- What if I have trouble repaying the loan?
You may view lenders through FASTChoice at this link.
NOTE: Only choose one lender to apply with as multiple applications can negatively affect your credit.
How to Apply
View “How to apply for financial assistance” to learn about the financial aid application process, financial aid refunds, and authorization to transfer funds.
Financial Resources
Visit AccessLex for more information about financial resources to help you pay for law school.