The Office of Financial Aid is here to make sure you are financially prepared to pursue this endeavor as well. How you finance your legal education has major implications for your financial future and life after graduation. For many students, this means living a more modest lifestyle—saving money, paying off existing consumer debts, and/or commuting from home.
It is important to take the time to learn about your options before you begin law school. Before you think about applying for aid, you will need to figure out the cost of your education beyond tuition and fees. How much over this amount will you need to live? Rent, food, transportation, insurance, and other personal expenses should all be considered when you borrow financial aid for the year. After you have calculated this amount, consider your non-loan options first--existing personal resources, scholarship funding, or financial support from family members.
For most students, law school loans cannot be avoided. The key is to minimize this borrowing by taking only what you need from the financial aid package that is offered to you. The benefit in borrowing federal loans is the flexible repayment options available to help you manage your educational debt.
The following pages will guide you through applying for federal loans at Loyola Law School. Financial aid is available for up to the full cost of attendance established by the school. Institutional scholarships are awarded by the Office of Admissions. We have also listed a number of External Scholarship Opportunities for your consideration. It is also important to learn about the different types of loans available to you, and how to manage them while you are a law student as well as a graduate.
Please be sure to notify the Office of Financial Aid of any special circumstances or changes to your financial situation. We are here to help, so feel free to contact us with any questions or stop by our office.
Office of Financial Aid
M-Th: 10:30 a.m.-6 p.m.
F: 10:30 a.m.-4 p.m.
Founders Hall 152
919 Albany St.
Los Angeles, CA 90015