Loans Options

Direct Stafford Loans - Students will be notified by the university of their financial aid award package. The maximum eligibility is $20,500. The loan is unsubsidized with a fixed 6.21% interest rate from July 1, 2014 through June 30, 2015. The origination fee is 1.073% of the principal loan amount. The loan will have a 6 month grace period upon graduation or dropping below 6 hours (summer excluded).

Grad Plus Loans - Federal credit-based loans are for students who require education funding up to the Cost of Attendance (COA), minus any other financial aid. To qualify for a PLUS loan, you cannot have an adverse credit history. The interest rate on a Grad PLUS Loan is 7.21%; The origination fee is 4.292% of the principal loan amount; No payments are required while in school; Repayment is 6 months after dropping below half time enrollment (6 hours) or upon graduation; Deferment and forbearance options are available during periods of financial difficulty or bar study; There are flexible repayment options.

Department of Education Customer Service Center Information - Contact information for the Servicer of Direct Loans (subsidized, unsubsidized & grad plus loans).

Hinson-Hazlewood College Access Loan Program (CAL) - Private loan, within the Cost of Attendance (COA), through the Texas Higher Education Coordinating Board.

Franklin Lindsay Student Aid Fund - Private loan: must be a US citizen, with full time enrollment, have a 3.0 gpa and must have cosigner.

Alternative/Private Loans - Alternative/Private loans are credit-based consumer loans that can be used for any educational related purpose within the Cost of Attendance (COA). Most loans require that the applicant have an established credit history to be approved. Co-signers may be required.

Bar Loans- Credit based private loans available to law students who are in their final year of study and need resources to finance expenses associated with studying for the Bar examination. Processing fees may be deducted at disbursement and a supplemental guarantee fee may be charged at repayment. Disbursement(s) is (are) made payable to the graduate at their requested mailing address. If the lender requires certification of the anticipated graduation date, be sure to notify Laura Neal.

 

University of Houston Law Center
Financial Aid & Scholarship Office
100 Law Center
Houston, Texas 77204-6060
(713) 743-2269
School code 003652
lawfinaid@uh.edu