Three Basic Rules About Financing a Legal Education

• THE COST OF ATTENDING LAW SCHOOL IS NOT EQUAL TO TUITION - OTHER EXPENSES WILL NORMALLY BE EQUAL TO OR GREATER THAN TUITION ALONE

• DEBT IS THE SINGLE MOST RESTRICTIVE FACTOR IN JOB CHOICE

• NOT ALL SCHOLARSHIPS ARE EQUAL

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Significant Points Regarding Financing Legal Education

(For more detailed information go to the LSAC web site)

• Law school tuition varies greatly depending on several factors:  public v. private law school; reputation of school; and location of school just to name a few.  Tuition alone can range from $20,000 to over $40,000 per year.  The total cost of attending is frequently double what the tuition rate is.

   

• Expenses Not Covered in a Typical Budget

        car payments

        support of spouse and family

        payments of prior credit card debt

        periods of non-enrollment (i.e., summer)

        relocation expenses

•  Financial Aid "to do" list

        complete a Free Application for Federal

        Student Aid (FAFSA)

        Complete institutional Aid Applications

         Seek out Lenders that offer no fee loans

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