Congratulations! As a graduating 3L, you might be wondering what happens next. The information below will get you headed in the right direction.
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Bar Loans
Expenses related to the bar can be extensive. To cover the cost of the Bar itself (usually less than $1,000) you may borrow any remaining federal loan eligibility, as long as you are still enrolled in school. Bar loans, to cover expenses such as a bar review course and living expenses are available from various private lenders.
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Loan Exit Counseling
The federal government requires all federal loan recipients to complete exit counseling before graduation. This requirement can be done on the StudentAid.gov website, and we also offer individual appointments to discuss loan repayment options and post-graduate budgeting.
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Michigan Law’s Loan Repayment Assistance Program
The Debt Management Program at the Law School provide graduates with maximum flexibility to choose jobs from any law-related area (excluding judicial clerkships and U-M funded fellowships), including modest-paying public interest positions, while still maintaining a reasonable lifestyle and remaining current on outstanding loan obligations.
Income-based Debt Management Program