Current Students

Applying for and Accepting Your Aid

Applying for Loans   

Please make sure you read the instructions for each type of student loan below.

Federal Direct Stafford Loan Bar Study Loans
Federal Direct Grad Plus Loan Managing Your Debt
Private Loans

FEDERAL DIRECT STAFFORD LOAN

  1. Accept Your Loans on LawNet.   If you wish to adjust your loan amount after you've accepted it on LawNet, you must submit the Loan Adjustment Form and return this form to the Office of Financial Resource Management at the law school.

  2. View Required Documents:  Log in to PirateNet/Law Net to view any outstanding documents that must be completed.

  3. Complete Entrance Counseling.  If this is your first Stafford loan with Seton Hall Law, you must complete Stafford /Grad Plus Loan Entrance Counseling.  

  4. Complete a Master Promissory Note (MPN).  The MPN is a legally binding contract between the borrower and the lender that outlines the borrower's responsibilities to repay all funds borrowed plus interest and fees.  All new borrowers must sign a Direct Stafford Master Promissory Note.     

FEDERAL DIRECT GRAD PLUS LOAN 

  1. Accept Your Loans on LawNet.   If you wish to adjust your loan amount after you've accepted it on LawNet, you must submit the Loan Adjustment Form and return this form to the Office of Enrollment Services at the law school.

  2. View Required Documents:  Log in to PirateNet/Law Net to view any outstanding documents that must be completed.

  3. Complete the Grad PLUS Application Process.  Log onto www.studentloans.gov, and in the center column, click on:  *Request a Direct PLUS Loan.    You will be asked to supply the loan amount, or an option to select the maximum amount for which you are eligible.  We urge you to carefully consider the amount you will need for basic necessities for the entire academic year.  You may increase this amount later in the year if you have not yet reached the maximum. 

  4. Complete Entrance Counseling.  If this is your first Grad Plus loan with Seton Hall Law, you must complete Stafford /Grad Plus Loan Entrance Counseling.  

  5. Complete a Master Promissory Note (MPN).  The MPN is a legally binding contract between the borrower and the lender that outlines the borrower's responsibilities to repay all funds borrowed plus interest and fees.  All new borrowers must sign a Direct Graduate Plus Master Promissory Note.    

PRIVATE LOANS

Private educational loans are offered by private lenders to cover educational expenses (Cost of Attendance) not covered by other sources of financial aid.  Private loans are considered a part of your financial aid package.  Since federal education loans are less expensive and usually offer better terms than private student loans, we recommend that you utilize all federal loan options prior to considering a private/alternative loan.  Private student loans typically have variable interest rates, with the interest rate tied to an index, such as LIBOR or PRIME, plus a margin.  Some private loans do offer a fixed interest rate.  Click Here for Information on Choosing Between a Federal Grad Plus Loan and a Private Student Loan

Seton Hall Law does not endorse or promote any private loan lenders, and does not maintain a Private Lender List, however, below is an alphabetical listing of lenders that have provided private loans to our students for the past five years.

bank url/web address
phone #
Citibank www.studentloan.com 1-800-967-2400
Discover Bank
www.discoverstudentloans.com 1-866-380-1727
NJ Higher Education Assistance

Authority (NJCLASS)

www.hesaa.org/Pages/NJCLASSHome.aspx 1-800-792-8670
Sallie Mae
www.salliemae.com/shulaw 1-888-272-5543
Wells Fargo
www.wellsfargo.com/student 1-866-380-1727

BAR STUDY LOANS

Bar Study Loans are available to graduating students to cover the cost of Bar Exam expenses, such as Bar Review Courses, Bar application fees, and living expenses incurred while studying for the Bar Exam. Bar Loans are private loans that require credit approval by independent lenders and eligibility depends on criteria established by the lender.

Students and co-borrowers must also meet citizenship requirements as established by the lender. Funds are sent directly to the student. Typically, you may apply for a Bar Study Loan if you are enrolled at least half time in your final year of study at an ABA-accredited law school, or have graduated from one within the last 12 months.

Please contact the Office of Enrollment Services for additional information.