Law school is a major commitment and a significant financial investment. Fortunately, there are affordable and flexible funding options to help pay.
Financial aid is available. The primary funding options are Scholarships and grants—the “free” money this is either funded by your law school or funded by private organizations, civic groups, etc.; Loans which can be federal loans or private/alternative/institutional loans. Always use federal loans first; only use private/alternative/institutional loans when federal loans are not available.
Sources of additional funds used for paying for law school. These include your savings, financial gifts from family and friends, and earnings from part-time employment in the second and third years of law school.
Types of scholarships and grants. There are merit-based awards for outstanding academic achievements, special talents, leadership potential, and other personal characteristics. There are also need-based awards given on the basis of financial need of the student. FAFSA is used for determining federal, state, and institutional need-based aid eligibility. Tip: Make sure you find out how and when you need to apply for the “free money.”
Decide how much you need to borrow—make sure you borrow the right amount.
The Good News is that funding is available to help cover tuition and fees, books/supplies, and living expenses for the academic year. Financial aid can cover the FULL COST of attendance established by the school you attend, if needed. IF YOU NEED TO BORROW loans for this important investment in your future, the flexibility and safety of the federal student loan programs lets you afford repayment of any federal loans you borrow, regardless of career.