⚠ Policy change effective July 1, 2026: Grad PLUS loans eliminated for new borrowers. Read the law →
Graduate · $20,500/yr cap

DePaul University

Law (LLM) (Master of Legal Studies)
Annual Funding Gap
$25,051
per year you must fund outside federal loans
$20,500
$25,051
COA: $45,551/yrCap: $20,500/yr
5th percentile#4 of 74 Master of Legal Studies programs
DEPAUL’s Master of Legal Studies gap of $25,051 is 53% below the national Master of Legal Studies median of $53,584. Among 74 Master of Legal Studies programs, DEPAUL ranks #4 from lowest to highest gap. COA of $45,551 is $28,533 below the national median. Note: Master of Legal Studies programs are classified as graduate under § 685.102 — the $20,500 cap applies, not the $50,000 professional cap for JD students.

Cost of Attendance Breakdown

Annual Cost of Attendance$45,551
Tuition & Fees$19,465
Living Expenses$26,086
Books, Supplies & Other$0
Federal Loan Cap (Graduate)$20,500
Annual Funding Gap$25,051
These numbers assume…
⚠ Full-time enrollment⚠ No scholarships or grants applied⚠ No prior federal debtSingle residency rate
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Cover Your $25,051/yr Gap

DePaul University Law (LLM) students typically need $50,102 in private loans over 2 years to bridge the gap between federal aid and cost of attendance.

College AveOur Pick
Flexible repayment + law-specific grace periods
Fixed APR2.84 – 15.99%
Variable APR3.89 – 15.99%
Min. CreditMid-600s
Max Loan100% of COA
Decision: 3 min pre-qualification
Check Your Rate →
Earnest
Skip-a-payment flexibility + no late fees
Fixed APR3.43 – 14.83%
Variable APR4.64 – 15.86%
Min. CreditMid-600s
Max Loan100% of COA
Decision: 2 min pre-qualification
Check Your Rate →
SoFi
Member benefits + career coaching included
Fixed APR3.49 – 15.26%
Variable APR4.36 – 15.07%
Min. CreditMid-600s
Max Loan100% of COA
Decision: 2 min pre-qualification
Check Your Rate →

We research and compare lenders so you don’t have to. Rates verified as of January 2026.

Advertising disclosure: We may receive compensation when you click on links to lender products. Rates shown are not guaranteed and depend on creditworthiness, cosigner status, and loan terms. Check with individual lenders for current rates.

What This Means for You

Large gap — private loans likely required

At $25,051/year ($50,102 total), the funding gap for DePaul University Law (LLM) is substantial. Most students in this situation use a combination of private loans, institutional aid, and personal resources.

  • Shop private loans carefully — a cosigner can significantly reduce your rate
  • Ask DePaul University about institutional scholarships, especially merit-based awards
  • Consider whether a funded alternative (research/teaching assistantship) exists in your field
  • File FAFSA early to maximize eligibility for any need-based institutional aid

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Frequently Asked Questions

What is the federal loan limit for DePaul University Law (LLM) students?

Under the OBBBA (effective July 1, 2026), DePaul University Law (LLM) students can borrow up to $20,500 per year in federal Direct Loans. This is the graduate annual cap. The aggregate lifetime limit is $100,000 for graduate students.

Can I still get a Grad PLUS loan for DePaul University?

No. Starting July 1, 2026, the Grad PLUS loan program is eliminated under the OBBBA. All graduate and professional students are subject to fixed annual borrowing caps ($20,500/year for graduate programs). Students who need additional funding beyond the cap must use private loans, institutional aid, scholarships, or personal funds.

How much does DePaul University Law (LLM) cost per year?

The total cost of attendance for DePaul University Law (LLM) is $45,551 per year. Over the full 2-year program, the total cost is $91,102.

What is the funding gap for DePaul University Law (LLM)?

The annual funding gap is $25,051, calculated as the difference between the total cost of attendance ($45,551) and the federal loan cap ($20,500). Over the full 2-year program, the total gap is $50,102. This is below the national median of $53,584 for Law (LLM) programs.

Is DePaul University Law (LLM) classified as graduate or professional?

DePaul University Law (LLM) (Master of Legal Studies) is classified as graduate under 34 CFR § 668.2. This means the annual federal loan cap is $20,500/year, with an aggregate limit of $100,000. Note: Some law programs (e.g., LLM, MSL) are classified as graduate — not professional — meaning the lower $20,500 cap applies, not the $50,000 JD cap.

Sources & Methodology

Data Sources

  • Cost of attendance: Sourced from DePaul University’s official tuition and fees page for the 2025–2026 academic year.
  • Federal loan caps: Defined by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, Title VIII, Subtitle B, Section 81001, amending 20 U.S.C. § 1087e(a), paragraph 4(A)(i).
  • IPEDS data: Institutional characteristics from the Integrated Postsecondary Education Data System (NCES), Unit ID: 144740.
  • Program classification: Master of Legal Studies is classified as graduate per 34 CFR § 668.2, with an annual federal loan cap of $20,500.

Methodology

  • Funding gap = Cost of Attendance − Federal Loan Cap. Negative values are reported as $0.
  • Cost of attendance includes tuition, mandatory fees, and estimated living expenses (housing, food, books, transportation, personal).
  • Rankings compare programs within the same degree type nationally, sorted by annual funding gap from lowest to highest.
  • Default COA assumes full-time enrollment, out-of-state residency (where applicable), no scholarships or grants, and no prior federal debt.

Data last updated: January 2026. Effective date for OBBBA loan caps: July 1, 2026.

DePaul University Master of Legal Studies Gap: $25,051/yr