How to Pay for Law School:

Deferred Payment Plan

Scholarships:
Including the church matching

School Loans

Most law and graduate students need loan funding to finance their education at Trinity Law and Trinity Graduate School. The three loan types available at TLS include  Stafford Loans, Grad Plus Loans, and Alternative Loans. We really urge students to only borrow what they need rather than their maximum eligibility. To see how much you can borrow/ estimate your Cost of Attendance (COA) and thus determine your maximum eligibility please click here.   

Stafford Loans (Subsidized and Unsubsidized)- Maximum available $20,500

Effective July 1, 2006, all Stafford Loans will have a fixed interest rate of 6.8% and are available to graduate students attending accredited schools at least half time. These are the best loans available to students and depending on your eligibility the government will subsidize up to $8,500 which means the government pays the interest to your lender while the student is in the deferment period. To participate in the Federal Stafford Loan program, you must be enrolled for at least six units as a regular student in an eligible academic program and must meet the school's satisfactory academic progress standards. A great guide concerning Stafford Loans can be found at FINAID.ORG

Graduate PLUS Loans (maximum available requires COE calculation)

The Graduate PLUS loan is a federal loan fixed at 8.5% that allows you (a graduate student) to borrow funds to help meet your educational expenses. The maximum Graduate PLUS loan amount is equal to the cost of attendance, as determined by the school, minus any other financial aid you may be receiving. Like Stafford loans, you must choose a lender but unlike Stafford loans, your Graduate PLUS loan eligibility is based on your (the student borrower) or an endorser’s credit. Note: You should first accept Stafford loans offered to you for the year as they offer a better interest rate and repayment provisions. Please do your research concerning Grad Plus loans. 

Private Student Loans/ Alternative Loans

The third kind of loan for those who will not procure a Grad Plus are called private student loans (also called alternative student loans). Some of these private loans have favorable terms (i.e. a variable interest rate could be favorable when interest rates are lower than the Grad Plus fixed rate of 8.5%)  Students may apply for these loans themselves and should carefully choose their lender and terms.

Our preferred program is the Chase Private Loan
 

Steps to Complete or Renew Grad Plus Loans

In order to be eligible for the Graduate PLUS loan you are required to complete the steps necessary to procure your Stafford Loans.   In other words, make sure your FAFSA is complete.  

STEP 1:  Determine how much you would like to borrow. You may apply for a loan amount up to the Cost of Attendance (COA) less any scholarships and Stafford Loans. We encourage you to borrow only what you need and apply accordingly. However, if you would like to calculate your COA and the maximum amount you are eligible to borrow please use the following tool: Loan Eligibility Worksheet.

STEP 2:  New Students or first time borrowers with a particular lender must complete a Grad Plus Master Promissory Note (MPN). If you have previously obtained a Federal Graduate PLUS Loan you must RENEW and request your loan each year with your lender. You may research and select or renew with any lender you would like and apply with them using Trinity International University’s Santa Ana Code, which is 001772-12. Here are some tips for choosing a lender. Our preferred lenders include

IDAPP 

Renew  your IDAPP loan online

New borrowers to IDAPP complete MPN online

Powered by/Servicer IDAPP https://www.idapp.org/tiu/

Chase Loans (Serviced by ACS- 808588)

New applicants and renewals can apply online  as they must get approved each year. IMPORTANT:  Select Trinity International University- CA and select Chase-JP Morgan as your lender.

The school will certify your loan and you will receive your loan over the number of semesters from you COA. If you used fall, spring, and summer to qualify for your loan, you will receive your disbursement from the school within the first week of fall, spring, and summer. If you requested a Grad Plus after the semester, allow fifteen business days to process.