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Home :: For Students :: Pre-Law :: Applying to Law School :: Financial Aid

Financial Aid

Law school can be very expensive depending upon where you wish to go. You may qualify for loans, grants or scholarships.

The first step is to complete the Free Application for Federal Student Aid (FAFSA) available at the Financial Aid Office or online. In order to complete a FAFSA, you need information from your tax return. To submit a timely FAFSA, you need to file your federal income tax return as early as possible. However, although FAFSA is available in fall, it cannot be filed until January 1. When completing your FAFSA, you will indicate the law schools where you are applying. Once you have been accepted at a law school, your FAFSA will be analyzed to determine your financial need, and what part of your legal education you will be expected to pay, and the scholarships, grants and loans for which you may qualify.

If you are applying for school-specific aid (i.e., institutional aid) you need to contact the individual financial aid offices at each school. Depending on the school, you may be required to submit additional need analysis and documentation. Be sure to follow each school’s specific guidelines and to look into financial aid matters early. Financial aid is awarded on a first come first serve basis so it pays to be early! In addition, some schools have very early filing deadlines for financial aid.

Scholarships and grants do not generally need to be repaid, but they are limited and the specific law schools usually determine individual awards. Loans need to be repaid and it is in your best interest to make sure you have a good credit rating at the time you apply.

Credit record is a major factor for private loans; that is, you must have a good credit history to be eligible for private loans. Check your credit history in a timely fashion in case you need to work out any glitches prior to formally initiating your loan applications. Attempting to address irregularities in your credit history in the midst of the application season could seriously jeopardize your timing for applying to borrow private funds. Here is a list of credit reporting agencies for your reference:

For more information on financing your legal education please check the Law School Admission Council website and consult with the financial aid offices of the law schools to which you are applying.

 

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