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Law/MSB Students

Law and Marriott School of Business students are eligible for Federal Direct Unsubsidized Loans and Graduate PLUS loans. You may also be eligible for additional institutional loans.

Federal Loans

Unsubsidized Loans and Graduate PLUS Loans are available to Marriott School graduate and Law School students. Students must be eligible for federal financial aid and apply through the FAFSA.

BYU Loans

BYU offers institutional loans for Marriott School graduate students (MSB Loan) and Law School students (Woolley Law Loan).

Marriott School of Business (MSB Loan)

  • First year: Up to $8500; Second year: Up to $7000
  • Annual interest rate: 5.75% for 2021-22 school year (6 month grace period for repayment)
  • Must be enrolled full-time (at least 8.5 credits)
  • MSB Loan automatically offered after students have accepted all $20,500 of their Unsubsidized Loan eligibility
  • Must have room in the cost of attendance (COA) after federal aid and scholarships are accounted for and the MSB loan cannot exceed the COA
  • Executive MBA/MPA programs are not eligible
  • International students are not eligible, but can reach out through the MSB to see what other financial aid options are available

Woolley Law Loan

  • Students who sign-up for any Bar prep course can submit documentation of cost in order to receive a Woolley Law Loan to cover expenses. 
  • Students that have completed all summer externship application processing can request a Woolley Law Loan. Loan eligibility is based on number of approved credit hours.
  • Annual interest rate: 5.75% for 2021-22 school year (9 month grace period for repayment)

Loan Repayment

Visit our Loan Repayment page for information on repaying federal loans and BYU institutional loans