Sallie Mae offers loan option for those studying for Bar exam

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Sallie Mae is again offering an option that finances costs not covered by federal student loan programs, including bar review course fees, exam fees, and living expenses incurred while preparing for the exam.

The Sallie Mae Bar Study Loan offers variable  below-market rates. 

Students who plan to take the bar exam within 12 months of graduating, who are enrolled at least half-time in their final year of study at an American Bar Association-accredited law school, or who have graduated from one within the past 12 months, are eligible to apply for the Bar Study Loan.

“For many J.D. candidates, law school coursework is demanding, but it’s merely a warm-up for the big game; the bar exam,” said Charlie Rocha, executive vice president and chief marketing officer, Sallie Mae. “Sallie Mae has been providing competitive financing options for law students for decades. The Sallie Mae Bar Study Loan helps relieve the stress of paying bills and expenses so students can channel all of their concentration into passing the bar and beginning their legal careers.”

Sallie Mae is based near Newark.

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