Regardless of the type of law degree a student pursues, tuition is likely to be high. However, there are ways to mitigate this cost. Some students graduate with zero debt, and others reduce their debt by making prudent choices throughout law school and taking advantage of resources like scholarships and loan repayment assistance. Ultimately, the most important factor in determining whether law school is financially viable is the eventual career payoff.
In addition to direct educational costs, the Law Student General Fee covers indirect expenses such as books, course materials, supplies and equipment, and transportation. These charges are reflected in the total Cost of Attendance as calculated by the Law School and used to determine an award package’s maximum aid eligibility.
The Sticker Price of Law School
Students should consider the full cost of law school when deciding to attend. Tuition is the biggest variable, but a number of other variables must be taken into account, such as annual living expenses and the length of the program. In addition, some law schools offer out-of-state rates for their programs. These rates are typically higher than the in-state rate. Fortunately, most students do not pay the “sticker price” of law school as they receive grants and scholarships that reduce their tuition (discounted tuition). These are usually merit-based awards determined primarily by UGPA and LSAT scores. Law schools must report the percentage of students receiving grants and the 25th, 50th, and 75th percentile grant amounts to their ABA Standard 509 Information Reports. Law Tuition