Debt Management and Loan Repayment Resources

If you have borrowed for law school (or undergrad or graduate school), there are several resources to help you make plans for the repayment of your loans.

Individual Repayment and Debt Management Counseling

• LAW Financial Aid Office – any student (and alum) is welcome to set up a meeting with our professional staff to talk through their repayment options based on their employment plans
• Your lender/servicer can answer specific questions about your loans and your repayment options.
• AccessLex offers individual counseling through their MAX Coaching which is part of the MAX program and AccessConnex. Through our partnership with AccessLex, this service is free and available to you during and after law school.

Online Resources
There are several government agencies and non-profit organizations that provide student loan information or general consumer information. These websites are not affiliated with BU Law.

• Federal Student Aid (studentaid.gov) – this website is the one-stop website for student information about federal aid including, the FAFSA, Entrance Counseling, Master Promissory Notes, basic information about federal financial aid, federal loan repayment information, access to your federal loan borrowing via NSLDS, and a Loan Simulator (repayment calculator).
• AccessLex Institute – this non-profit provides a comprehensive and engaging financial education program for law students. This is a sample of the support that they offer to students.

• • AccessLex Student Loan Calculator
  • AccessLex Law School Scholarship Databank
  • The Road to Zero: A Strategic Approach to Student Loan Repayment Guide
  • Live Loan Repayment Webinars
  • Ask EDNA! — The Education Network at AccessLex
  • MAX by AccessLex – The personal finance program for law students

• Equal Justice Works – a non-profit working with public law students, lawyers and organizations committed to public service; information about loan repayment, EJW Fellowships
• The Institute of Student Loan Advisors (TISLA) – a non-profit that provides free, neutral and clear student loan advice and dispute resolution assistance.
• Consumer Financial Protection Bureau (CFPB) – a government agency that is charged with making sure that banks, lenders, and other financial companies treat consumers fairly.
• Federal Trade Commission (FTC) – a government agency with a mission to protect consumers by preventing deceptive and unfair business practices. Information about fraud and scams, including student loan scams.
• National Consumer Law Center – a non-profit that advocates for economic justice for low-income and other vulnerable populations. Student Loan Borrowers Assistance Project.