Financing Law School Forum

[justadude55]

How do student loans work?

If you have a solid credit score, but no guarantor or $160K laying around, can you get a loan to cover the whole cost of law school?

[im_blue]

Absolutely, anyone with a pulse (without negative credit) can get loans up to the full cost of attendance.

[justadude55]

i know i couldn't get loans for UG.

in terms of housing, food, a car and a social life--is there an amount one should have saved or will you get loans here as well?

[im_blue]

I think UG loans are determined by FAFSA and parental contribution, so you need "financial need" just to qualify for loans. Cost of attendance includes everything - tuition, health insurance, books, rent, food, transportation, personal, etc. Every law school publishes their budget ahead of time, so you know how much you'll need to borrow.

[turkeysub]

Read this : http://www.top-law-schools.com/guide-to ... loans.html

[justadude55]

sorry i meant loans outside of stafford. i had the whole fafsa shebang.... like private loans to cover housing/food/having a life. it was a good experience for me, because i might not have manned up without it, but i don't think i can survive law school working 60 hour weeks.

[im_blue]

Yeah GradPLUS covers everything that Stafford doesn't.

[YCrevolution]

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