Best Law Schools for Financial Aid

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.

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Joined: Thu May 22, 2008 6:41 pm

Re: Best Law Schools for Financial Aid

Postby westbayguy » Tue Nov 15, 2011 1:28 pm

YLS still awesome (any job)

but not as awesome as it used to be (as of Oct 25, 2011)

The amount that a participant is expected to contribute to educational loan repayment depends on the participant's annual income, and is calculated as follows:

Adjusted Income Participant Contribution
under $50,000 none
$50,000 to $65,000 15% of income over $50,000
$65, 000 to $80,000 $2,250 plus 30% of income over $65,000
Over $80,000 $6,750 plus 60% of income over $80,000


Adjusted Income under $60,000 None
over $60,00
25% of income over $60,000 (single)
20% of income over $60,000 (after spouse/partner income shelter of up to $40,000 – see below)

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