Direct Loans - Students will be notified by the university of their financial aid award package. Effective July 1, 2012, the subsidized loans will no longer be available to law/professional/graduate students due to the Budget Control Act signed into law in August 2011. The full $20,500 eligibility will be unsubsidized with a fixed 6.8% interest rate and a 6 month grace period.
Grad Plus Loans - Federal credit-based loans are for students who require education funding up to the Cost of Education (COE), minus any other financial aid. Here are a few facts about the Grad PLUS Loan:
Department of Education Customer Service Center Information - Contact information for the Servicers 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.
Alternative/Private Loans - Credit based loans for educational expenses within the Cost of Attendance (COA).
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
School code 003652