Financial Aid
Loans
Many of our students and families find loans to be an important tool to help finance their education at Lewis & Clark. We recommend that students budget carefully and borrow conservatively. If you’re ready to secure your loan funding, click the buttons below. Otherwise, scroll down for more information about the types of loans offered at Lewis & Clark.
Loan processing for:
Federal Perkins Loans
- Fixed interest rate: 5.0%.
- Subsidized (no interest) while student is enrolled and during grace period.
- Need-based, check your award notification to see if you’re eligible.
Federal Direct Loans
Subsidized
- Fixed interest rate for 2014-15: 4.66%.
- Subsidized (no interest) while student is enrolled at least half-time.
- Need-based, check your award notification to see if you’re eligible.
Unsubsidized
- Fixed interest rate for 2014-15
- For undergraduate students: 4.66%.
- For graduate and law students: 6.21%.
- Unsubsidized: interest starts accruing right away.
- Not need-based, check your award notification for amount.
Federal Direct Plus Loans for Parents of Undergraduate Students
- Fixed interest rate for 2014-15: 7.21%.
- Unsubsidized: interest starts accruing right away.
- Not need-based, may borrow up to Cost of Attendance minus all other financial aid.
Federal Direct Plus Loans for Grad & Law Students
- Fixed interest rate for 2014-15: 7.21%.
- Unsubsidized: interest starts accruing right away.
- Not need-based, may borrow up to Cost of Attendance minus all other financial aid.
Private Loans
- Interest rate: variable, depends on borrower’s credit.
- Unsubsidized: interest starts accruing right away.
- Not need-based, may borrow up to Cost of Attendance minus all other financial aid.
Bar Study Loans
- Interest rate: variable, depends on borrower’s credit.
- Borrower must be 3rd or 4th year law student.