Graduate School Scholarships and Fellowships

Loans are disbursed by the Education to the University no earlier than 10 days before the start of classes each semester. Loans are split evenly between the fall and spring semesters for all students. Depending on the program, it is possible students could have their loans split into three between the summer, fall, and spring semesters. Applicant must get an endorser with a good credit history to co-sign their loan. Interest begins after the first disbursement of the loan. GradPlus Loans do not currently have an aggregate limit.

Up until recently, most lenders were private entities that received federal guarantees, but a small segment of the law student loan business was done by the federal government. Today, the bulk of lending is done through direct federal unsubsidized loans and federal GradPlus loans. They are subject to tight controls on their handling of the student loan funds.

Returning students have until April 15th each year to for loans in the current academic year. There’s lots to learn student loans. Domestic students can evaluate and select from four loan programs: Federal Direct Unsubsidized Loan, Federal Direct Gradplus Loan, Citizens Bank, and Harvard University Employees Credit Union. International students can evaluate and select from two loan programs: Harvard University Employees Credit Union and Prodigy. Loan rates and terms vary between domestic and international students based on each lender’s assessment of associated underwriting costs.