rabbit9198 wrote:Cartwright4 wrote:Hey guys, quick question for the current Yale law students:
In your anecdotal experience and what you've heard, does financial aid get less generous for 2L and 3L than for 1L? How heavily are summer earnings made during law school summers, particularly at a firm, deducted from your financial aid?
I'm asking because Yale gave me a pretty generous first-year financial aid package, but I want to get a feel for how this might change over the other two years.
I haven't gotten my award for next year yet (our deadline to submit tax info isn't till April 15th), but from what I've heard, not much changes in later years.
Summer earnings at Yale are "penalized" more so than at some other schools (notably, Stanford, which I think takes 57% of your earnings). Here, anything above $6,000 is seen as "available" for paying for school.
Not to beat a dead horse, but when you say "available," do you mean it reduces your financial aid essentially dollar for dollar? (Sorry, I should prob be asking this question to Pat Barnes rather than on this forum.)