Law School Financial Aid
The decision to attend law school is a big one that will affect your entire life. Law school is not easy, nor is it cheap. However the rewards of pursuing your career as an attorney in your chosen field of law can provide both financial and personal rewards that can last from your first years in your career to the day you retire and beyond. In addition to the commonly awarded types of federal financial aid, there are law school financial aid programs you should look into and see if you qualify for them.
One program was created by the nonprofit Access Group. This group happens to be the biggest source of private loans for law school. The loans available from Access Group are the Law Access Loan and the Bar Examination Loan. The headquarters for this group are in Wilmington, Delaware and they can be reached by phone at 1-800-282-1550. After the standard student financial aid, this should be the next source you apply with for financial aid. The group was actually founded by the legal education community, so you can trust they are legitimate and knowledgeable.
Nellie Mae is another financial institution you should look into when it comes to financial aid for your law school education. They have the LawEXCEL loan available for qualifying law school students. You can inquire with Nellie Mae through their toll free number which is very easy to remember, it is 1-800-9-TUITION (1-800-988-4846) and ask any questions you may have about eligibility, how much you can qualify for and the application process. A related lender is Sallie Mae, who has a program called LAWLOANS and can be reached by calling 1-800-266-5626.
Other types of law school financial aid that should actually be applied for first are provided by the federal government. They include the Stafford loan, which most every student (both graduates and undergraduates) will qualify for. Perkins loans are for students with financial hardship. Then there are an assortment of federal and even private grants, which do not have to be repaid. Scholarships are also recommended for law school students, as they can help take care of a portion of your education expenses. Also, check with your school about work study programs that can also help cover the costs of law school.
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