Page 1 of 1
Financing Law School
Posted: Wed Oct 27, 2010 11:33 pm
by 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?
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:35 pm
by im_blue
Absolutely, anyone with a pulse (without negative credit) can get loans up to the full cost of attendance.
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:35 pm
by 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?
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:36 pm
by 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.
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:38 pm
by turkeysub
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:38 pm
by 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.
Re: Financing Law School
Posted: Wed Oct 27, 2010 11:41 pm
by im_blue
Yeah GradPLUS covers everything that Stafford doesn't.
Re: Financing Law School
Posted: Thu Oct 28, 2010 7:38 am
by YCrevolution
..