Bar Exam Info

Bar Study Loan

Third year JD students who are or will graduate from an ABA-accredited law school may be eligible for bar study loans.

These are private educational loans that can help graduating students cover the costs of bar preparation courses and bar exam expenses. These loans are credit-based so you need to be approved before receiving the loan. If not approved, you can qualify with a creditworthy co-signer. Various lenders have bar loan options with varied borrowing limits, generally up to $15,000.

The bar study loan is not part of your financial aid package. These loans are typically sent via paper check to the borrower directly, not to IUPUI. Most of the bar study lenders have an online application, which requires school certification. Certification is completed by either the Office of Student Financial Services (OSFS) or the Law School Registrar.

General terms and conditions of bar study loans include:

  • Borrow up to $15,000, depending on the lender
  • Must be creditworthy to be eligible or have a creditworthy cosigner
  • Variable interest rate through the life of the loan
  • Disbursements can be determined by the borrower
  • Disbursements are sent directly to the borrower

The OSFS does not endorse or recommend a specific lender/program. However, we do strongly recommend that you read all fine print and terms on the applications. For more information about private loans, as well as access to lenders offering bar study loans, please visit