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For law school financial aid, there are many resources that a student can use to pay the huge bills that will come their way. The cost can be staggering to some, so be prepared with as much assistance as possible.
There are scholarships and grants along with fellowships that are awarded each semester from a wide variety of places and organizations. One place that is often overlooked is the educational institution to which you have been accepted. But this brings up a very important point, if you have already been accepted to a law school; You are already a late start when it comes to applying for financial aid.
Private schools are very expensive to attend. This is because no public money is given to the institution to help offset the cost of a student attending classes there.
If you choose to finance your own education, there are options. The Free Application for Federal Student Aid must be completed. Available to graduating students are the Stanford Loan and the Perkins Loan, which are federally funded loans that must be repaid after graduation. There is also the Graduate PLUS System that connects private lenders with students who need the necessary resources to continue their law education.
The top private financial institutions that make loans to aspiring law students are CampusDoor Loans through Access Group, CitiAssist from CitiBank, LAWLOANS from Sallie Mae, and School Loans from KeyBank.
With public school bills reaching over $50,000 per semester, don’t let any avenue of financial aid for school go unchecked.