Affording Bar Exam Study Period/Time Before Job

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RaceJudicata

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Posts: 1725
Joined: Mon Jun 22, 2015 2:51 pm

Affording Bar Exam Study Period/Time Before Job

Postby RaceJudicata » Mon Feb 27, 2017 8:10 pm

Starting at a big law firm in October (first week of october).

Currently going over finances, and really having trouble figuring out how I'm not going to starve during bar study. I get a $5000 stipend from firm (taxed), and thats it.

I need to cover rent ($1100 per month) and then obvious necessities - namely, food. Have no intention of doing anything- travel, etc.

What is the process for getting bar loans? Or are there any other means of getting money for bar exam study time? I'm also concerned about the time following the exam (August - October). I have no problem getting a part time job or whatever, but I'm just sorta at a loss.

Any input on how to afford the "gap" between law school and starting a job would be super helpful.

Bimmerfan

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Posts: 47
Joined: Mon Feb 27, 2017 12:30 pm

Re: Affording Bar Exam Study Period/Time Before Job

Postby Bimmerfan » Mon Feb 27, 2017 8:45 pm

If you don't want to move back home, take out a bar loan. You should have no problem paying it back with your big law job.

ur_hero

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Posts: 203
Joined: Sat Nov 19, 2016 6:52 pm

Re: Affording Bar Exam Study Period/Time Before Job

Postby ur_hero » Mon Feb 27, 2017 8:57 pm

Yeah, Sallie Mae or any other major private lender will hand a loan out to you real quick. Maybe check to see if your personal bank will do it with better terms, or if your school has a loan program.



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