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Types of Financial Aid

Woman reviewing the types of financial aid.

There are several options to choose from to assist in funding your law school journey:

  • Unsubsidized Loan: These loans are not based on need. Loans begin to accrue interest from the date of the first disbursement. The current interest rate is 7.05%.
  • Graduate Plus Loan: These loans requires a credit check, and you may apply with a cosigner. Loans begin to accrue interest from the date of the first date of disbursement. The current interest rate is 8.05%.
  • Private Loans: These loans allow you to apply with an outside lender. The interest rates vary depending on credit.

In addition to these loan options, students can also apply for various scholarships to reduce the amount of loans needed. Please visit the Scholarships page for more information.

Financial Aid Eligibility Heading link

In order to qualify for financial aid, you must satisfy the following criteria:

  • Must be enrolled in courses needed for the program and working towards a degree
  • Must be enrolled in at least 6 credits for the JD program (fall and spring), at least 5 credits for JD program (summer) and 3 credits for the LLM or MJ program
  • Meet the citizenship eligibility requirements by the U.S. Department of Education

Applying for Financial Aid Heading link

  1. Complete the FAFSA Application Form. (UIC Law Code: 001776)
  2. Create an FSA ID username and password.
  3. Use your FSA ID to confirm your identity and submit your FAFSA online.