Interest does not begin to accrue, nor will principal payments begin, until six months after the student is no longer enrolled at least half-time. Payment on the principal and interest may be deferred, but interest does accrue from the time of disbursement. If payment on the interest is deferred, the interest is capitalized. Interest does not accrue and principal payments are deferred until nine months after you are no longer enrolled at least half-time. Interest does not accrue, and interest and principal payments are deferred until six months after you are no longer enrolled at least half-time.
Interest does accrue while the student is in school.
A credit check is required, you may need a creditworthy cosigner . You must complete a separate LawAccess, Partnership Loan or LawAchiever application. Bar Exam Loan Private educational loans are available for students to borrow funds for the costs associated with taking the bar, bar registration, bar review, and living expenses. A credit check is required, you may need a creditworthy cosigner. The University of Iowa .